Business

War Over Contract

PM NEWS Live

12 years ago

Nigerian National Petroleum Corporation and its subsidiary, Pipelines and Products Marketing Company, are in the middle of a contract scandal…

Dangote’s Outstretched Hand

PM NEWS Live

12 years ago

Aliko Dangote’s investment in Ekiti State’s solid minerals, agriculture and education cements his place as Africa’s biggest investor Aliko Dangote,…

Nigerian Reps probe NNPC crude oil sale, remittances

PM NEWS Live

12 years ago

The House of Representatives on Thursday mandated its Ad hoc Committee to investigate the volume and sales of crude oil…

Sterling Bank’s gross profit grows 26 per cent

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12 years ago

Nigeria’s Sterling Bank plc has announced its third quarter result for 2013, that showed pre-tax profit rising by 26.1 per…

Unemployment: Animal Farming To The Rescue

PM NEWS Live

12 years ago

Observers of Nigeria’s development trend will agree that the country is certainly sitting on a keg of gun powder which,…

Obaleye, businesswoman abducted in front of factory

PM NEWS Live

12 years ago

A renowned businesswoman, Mrs Olayinka Obaleye, the Managing Director of Yinka Oba Foam in Ilo, State of Osun, in western…

Nigeria borrows $100m from Indian Export Bank

PM NEWS Live

12 years ago

The Federal Executive Council (FEC) on Wednesday approved $100 million loan from the Indian Import- Export Bank for Cross Rivers,…

Airline Operators Sue NCAA Over Fees

PM NEWS Live

12 years ago

Non-scheduled airline operators in Nigeria are going to court to restrain the Nigerian Civil Aviation Authority, NCAA, from enforcing the…

Two Men Jailed For Defrauding GTBank

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12 years ago

A Lagos High Court sitting in Ikeja today sentenced two men Adekunle Adetowubo and Olugbenga Adetayo to nine years imprisonment…

Jonathan misses 2014 budget date again, leaves for UK

PM NEWS Live

12 years ago

For the second time this month, President Goodluck Jonathan has failed to present the 2014 budget to the National Assembly…

Nokia Shareholders Approve Mobile Phone Sale To Microsoft

PM NEWS Live

12 years ago

Finnish telecom company Nokia announced Tuesday that its shareholders had approved the 5.44 billion euro ($7.35 billion) sale of its…

Smartphone Race: Who Wins It?

PM NEWS Live

12 years ago

The competition among smartphone giants leaves consumers wanting more and more Samsung’s first smartphone with a curved display screen, Galaxy…

Nigerian elected president of ICAO council

PM NEWS Live

12 years ago

Simon Ateba/Aviation correspondent Nigeria has become the first African country to produce the president of the International Civil Aviation Organisation…

FIRS quizzes Jimoh Ibrahim on N6.2bn taxes

PM NEWS Live

12 years ago

Billionaire businessman, Barrister Jimoh Ibrahim was on Monday invited by the Federal Inland Revenue Service, FIRS over allegations of non…

Estate agent bags 15 year sentence for fraud

PM NEWS Live

12 years ago

A Nigerian High Court in Ikeja, capital of Lagos state on Monday sentenced an estate agent, Michael Olabameji, to 15…

Nigeria faults World Bank chief on ‘100 Million Destitute’ claim

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12 years ago

Nigeria’s federal government has described recent statement by World Bank Country Director, Marie-Francoise Marie-Nelly that 100 million Nigerians are living…

Emirates makes $100bn jumbo orders for Boeing, Airbus planes

PM NEWS Live

12 years ago

Emirates Airline placed an order on Sunday for 150 Boeing 777X long-haul aircraft on Sunday, in a contract the Dubai-based…

Etihad orders 56 Boeing aircraft

PM NEWS Live

12 years ago

Abu Dhabi’s Etihad Airways placed an order for 56 Boeing aircraft, including 25 yet-to-be launched long-haul 777X passenger jets, as…

N2.7b Fraud: Ex-Oyo Pension Boss, 11 Others Remanded

PM NEWS Live

12 years ago

Justice Bolaji Yusuf of the Oyo State High Court has ordered that the former Oyo State Head of Service, Mrs.…

US tallest skyscraper opens on site of World Trade Centre

PM NEWS Live

12 years ago

America’s tallest skyscraper built on the site of the former World Trade Centre, whose iconic Twin Towers were destroyed in…

Oshiomhole lays foundation stone for N7.4bn Shopping Mall

PM NEWS Live

12 years ago

Jethro Ibileke/Benin Governor Adams Oshiomhole of Edo State, southern Nigeria, has laid the foundation stone for a N7.4 billion ($45…

Samsung plans to dominate Africa’s smartphone market

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12 years ago

Samsung Electronics expects to supply half of the smartphones sold in Africa this year and aims to double these sales…

US healthcare most expensive in the world

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12 years ago

Secret pricing is making healthcare in the United States more expensive than ever, leading costs to triple in the past…

Somalia gets first fibre optic link to the world

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12 years ago

Somalia, conflict-ridden nation in the Horn of Africa now has a fibre optic link to the world. African fibre optic…

BBM: BB Phones Dealers Lament Drop In Sale

PM NEWS Live

12 years ago

Few weeks after BBM service was introduced to Android phones, the initiative has adversely affected the demand for Blackberry phones.…

China’s online shoppers spend $6b in ‘Singles Day’

PM NEWS Live

12 years ago

Chinese shoppers spent a record 35.0 billion yuan ($5.7 billion) at the country’s biggest online marketplaces on Singles Day, their…

Apple, Samsung back in court over patent war

PM NEWS Live

12 years ago

Apple and Samsung return to a California court this week for another round in the blockbuster patent trial between the…

Nigerians lag behind the world in phone usage

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12 years ago

Despite the high growth of telephone subscription in Nigeria, the past 13 years, only one in three Nigerians has access…

UNCTAD scribe warns poor nations about debt crisis ahead

PM NEWS Live

12 years ago

(Geneva, 11 November 2013) – Many of the world’s poorer countries have improved their debt balances in recent years, but…

Lagos urges FG declare emergency in transportation

PM NEWS Live

12 years ago

Kazeem Ugbodaga The Lagos State Government has asked Nigeria’s Federal Government to declare a national emergency on the state of…

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