Business

Otedola offloads shares in Forte Oil for $125m

PM NEWS Editor

7 years ago

Nigerian businessman Femi Otedola has concluded the sale of his 75 percent stake in Forte Oil to Prudent Energy, a…

Institute reveals 3 Northern states which produces good quality rubber

Isa Isawade

7 years ago

Kaduna, Adamawa and Taraba have been revealed as states that now produce good quality rubber in commercial quantity in the…

Nigeria can be agricultural power house in Africa — Adesina

Isa Isawade

7 years ago

Dr Akinwumi Adesina, the President African Development Bank (AfDB) says Nigeria has all it takes to be “a power house…

Titan Trust Bank sets for retail banking in Nigeria

Kazeem Ugbodaga

7 years ago

One of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set…

Crude Tanker on fire in Gulf of Oman, oil prices go up

PM NEWS Editor

7 years ago

Oil prices surged on Thursday after a unit of the United Kingdom's Royal Navy reported a tanker being gutted by…

Xtralarge Farms unveils Agritech City, digital currency

Kazeem Ugbodaga

7 years ago

Xtralarge Farms has unveiled Nigeria’s first Agriculture Digital Currency known as the 'Xtratoken' and its Xtralarge Agritech City.

High cost of pigs jacks up China inflation level

PM NEWS Editor

7 years ago

Inflation in China rose to its highest level in more than a year in May driven by surges in pork…

Amazon topples Google, Apple as world’s most valuable brand

PM NEWS Editor

7 years ago

Jeff Bezos’ Amazon, the US retail giant has moved past hi-tech titans Apple and Google to become the world's most…

China’s dollar reserves hit $3.1 trillion

PM NEWS Editor

7 years ago

China's foreign exchange reserves expanded slightly to 3.101 trillion U.S. dollars at the end of May, up 0.2 percent from…

China records $41.6b trade surplus, export grows

PM NEWS Editor

7 years ago

China posted a trade surplus of $41.65 billion in May and exports unexpectedly returned to growth despite higher U.S. tariffs

Cwitch Global hits ₦1.3bn revenue milestone, expands reach with customer feedback platform

Michael Adesina

7 years ago

Cwitch Global has recorded revenues surpassing ₦1.3 billion in its most recent financial year, marking a major leap in the…

Trump shelves planned tariffs on Mexican goods

PM NEWS Editor

7 years ago

US President Donald Trump touted Saturday his last-minute deal averting tariffs on Mexico, saying the agreement will be a big…

G20 working on digital tax for Amazon, Google, Facebook, Apple

PM NEWS Editor

7 years ago

Top G20 finance officials agreed Saturday there was an urgent need to find a global system to tax internet giants…

Booksellers Barnes & Nobles bought by hedge fund Elliot

PM NEWS Editor

7 years ago

Hedge fund Elliott Management Corp has acquired popular American booksellers Barnes & Noble Inc for $475.8 million.

Nigeria’s foreign trade volume hits N8.24 trn in 2019’s first quarter

Kazeem Ugbodaga

7 years ago

The National Bureau of Statistics (NBS), said the country recorded a total trade volume of 8.24 trillion in first quarter,…

World Bank downgrades 2019 global growth forecast

PM NEWS Editor

7 years ago

The World Bank has lowered its global growth forecast for 2019 to 2.6 percent, citing growing trade tensions, among other…

Zenith Bank confirms collapse of Interbank transfer platform

PM NEWS Editor

7 years ago

Nigeria's leading bank, Zenith Bank has confirmed the collapse of the Interbank Transfer Platform which enables transfers from one bank…

Trump adamant on Mexican tariffs

PM NEWS Editor

7 years ago

U.S. President Donald Trump is adamant about imposing new tariffs on imports from Mexico to pressure it to clamp down…

Workers shut down SEC against Gwarzo

PM NEWS Editor

7 years ago

Workers of the Securities and Exchange Commission (SEC) on Monday morning reportedly locked up the headquarters of the commission in…

Sunmonu takes over Oando

PM NEWS Editor

7 years ago

Mr. Mutiu Olaniyi Adio Sunmonu has been appointed by the Securities and Exchange Commission to lead an interim management of…

Encourage youths to embrace farming, Osun farmers urge govt.

Isa Isawade

7 years ago

The Vice President of All Farmers Association of Nigeria (AFAN) in Osun, Mr Moses Oladipupo, has called on the state…

Record N34 trillion worth of e-payment transactions in Q1

PM NEWS Editor

7 years ago

A total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the…

NBC says e-payments hit N34.02trn in Q1, 2019

Isa Isawade

7 years ago

A total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the…

Updated: Tinubu, Oando challenge SEC ban

PM NEWS Editor

7 years ago

Oando and its embattled CEO Wale Tinubu vowed Friday to take all 'legal steps' to challenge the penalties imposed by…

Outrage, anger over Access Bank’s poor services, failing App

Kazeem Ugbodaga

7 years ago

Nigerians have expressed outrage, anger and disgust over Access Bank's poor services, as the bank's app has continued to fail.

Tinubu banned for five years

PM NEWS Editor

7 years ago

The Securities and Exchange Commission wielded the big hammer on Friday against Wale Tinubu, banning him and his deputy, Omamofe…

Immigration: Trump punishes Mexico with 5% tariff on goods

PM NEWS Editor

7 years ago

President Donald Trump said on Thursday the United States will impose a 5% tariff on all goods coming from Mexico…

SEC begins verification of Dantata coy

Isa Isawade

7 years ago

The Securities and Exchange Commission (SEC), has concluded plans to commence verification for Nigerians that invested monies in Dantata Success…

US absolves China from currency manipulation

PM NEWS Editor

7 years ago

China is no more in the black book of the United States for manipulating its currency, Renminbi, according to the…

Corrupt countries collect less tax: IMF

PM NEWS Editor

7 years ago

The costs of corruption run deep. Your taxpayer dollars are lost in different ways, siphoned off from schools, roads, and…

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