Business

Dangote shuts Nigerian cement plant over glut

PM NEWS Live

13 years ago

Dangote Cement Plc has suspended production of cement at its four million metric tons per annum Gboko Plant, as a…

Nigeria Realises $46b From Deep Water Oil Operations

PM NEWS Live

13 years ago

The Managing Director of Shell Nigeria, Mr Mutiu Sumonu, said on Tuesday that the Federal Government realised $46 billion from…

Nigerian Banks Sound —NDIC

PM NEWS Live

13 years ago

The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umar Ibrahim, on Tuesday said all banks in the country…

Folorunso Alakija richest black woman on earth

PM NEWS Live

13 years ago

Move over, Oprah Winfrey – there is a new richest black woman in the world. And she’s Nigerian. Meet Folorunsho…

Oil firms in talks with Nigeria over coming law

PM NEWS Live

13 years ago

Nigeria’s oil minister said Tuesday the government is in talks with petroleum firms on a potential compromise for a proposed…

Adenuga donates N500m to Bayelsa flood fund

PM NEWS Live

13 years ago

The Chairman of Globacom Group, Chief Mike Adenuga Jnr., on Tuesday donated N500 million, about $3.4million, to the Bayelsa Flood…

Theft: Atuche, ex-bank chief seeks recall of EFCC’s witnesses

PM NEWS Live

13 years ago

Henry Ojelu Former Managing Director of Bank PHB (now Keystone Bank), Francis Atuche who is facing trial over N27.5 billion…

NCC Begins Test Run of Number Portability

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13 years ago

Nigerian Communications Commission (NCC) says it will begin test run of Mobile Number Portability (MNP) preparatory to its full implementation…

Ikeja City Mall Plans Big For Xmas Shoppers

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13 years ago

The management of Ikeja City Mall (ICM), the biggest and largest shopping mall in the country has unveiled series of…

Market Growth: SEC Seeks Stakeholders’ Cooperation

PM NEWS Live

13 years ago

The Securities and Exchange Commission (SEC) has solicited the collaboration of capital market operators to accelerate the growth of the…

Etisalat Makes Case For 4G Deployment

PM NEWS Live

13 years ago

Etisalat Nigeria’s head of Engineering and Deployment Department, Mr. Valentine Amadi has highlighted the need for telecommunication operators to effectively…

L’Oreal Fetes 4,000 Hair Professionals

PM NEWS Live

13 years ago

Dark and Lovely beauty range from the stable of L’Oreal Central/West Africa has ended its pan-Nigeria brand activation campaign aimed…

Robbers create panic in Akure, banks shut

PM NEWS Live

13 years ago

Banks in the Nigerian city of Akure, capital of Ondo State in South West Nigeria on Monday hurriedly closed their…

Nigeria recovers stolen oil subsidy money

PM NEWS Live

13 years ago

The Federal Government said today it has recovered N29 billion out of the N232 billion oil subsidy scam. The Minister…

Ogunbambo, 2 others charged with oil subsidy fraud

PM NEWS Live

13 years ago

The Economic and Financial Crimes Commission, EFCC on Monday, December 3, 2012 re-arraigned two oil marketers: Oluwaseun Ogunbambo, Habila Theck,…

Ogun state denies ceding land to Lagos

PM NEWS Live

13 years ago

Abiodun Onafuye/ Abeokuta The Ogun state government has denied speculations in some quarters that it has ceded its land in…

Lagos Printing Corporation In A Mess

PM NEWS Live

13 years ago

At least 150 employees of the Lagos State Printing Corporation are yet to be paid their four months’ salaries by…

Fashola To Sack 30,000 Katangowa Traders

PM NEWS Live

13 years ago

The popular Katangowa market in Agbado Oke-Odo Local Council Development Area, LCDA of Lagos State, southwest Nigeria, will soon be…

Capital Market Forbearance Package Out Soon

PM NEWS Live

13 years ago

The president, Association of Stockbroking Houses of Nigeria (ASHON), Mr Emeka Madubuike, on Sunday said that the Federal Government’s forbearance…

Anger Over Loan Burden

PM NEWS Live

13 years ago

The National Assembly raises the red flag over excessive borrowing by states and the federal government With an accumulated debt…

Arik Air begins flights to Kinshasa

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13 years ago

Simon Ateba/Aviation correspondent Arik Air, Nigeria’s largest commercial carrier announced on Saturday that it is expanding its regional African network…

Aero MD sacked?

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent There were conflicting reports on Friday night with sources claiming that the Managing Director of Aero Contractors,…

Gunmen Abduct businessman In Benin

PM NEWS Live

13 years ago

JETHRO IBILEKE/Benin Barely 48 hours after a renowned Benin-based Estate Manager, Dan Odiete was kidnapped in Benin City, another gang…

GTB Asset becomes Investment One

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13 years ago

GTB Asset Management Ltd, hitherto owned by GTB has been rechristened Investment One Financial Services Limited. Its managing director,Mr Nicholas…

Capital Oil moves against AMCON’s takeover

PM NEWS Live

13 years ago

Nnamdi Felix / Abuja Buoyed by a variation order it secured at a Federal High Court sitting in Abuja which…

Dangerous and lucrative—The gold rush in Nigeria’s Zamfara

PM NEWS Live

13 years ago

BAGEGA,Zamfara state, Nigeria — Neighboring a hillside laced with gold, parents in this remote village live with an impossible choice:…

LIRS Closes 8 Companies Over N28.3m Tax Evasion

PM NEWS Live

13 years ago

The Lagos State Internal Revenue Service (LIRS) has sealed eight companies for failing to remit taxes amounting to N28. 3…

Shell resumes oil export at Nigerian terminals

PM NEWS Live

13 years ago

Anglo-Dutch oil group Shell said Friday it had resumed shipments of crude from its Nigerian export terminals Bonny and Forcados…

ABC Flags-Off 2012 Year End Safety Campaign

PM NEWS Live

13 years ago

Authorities of the Federal Roads Safety Corps and Vehicle Inspectorate Office in Nigeria have thrown their weight behind the annual…

Utility TrucK With A Difference

PM NEWS Live

13 years ago

The new SsangYong Actyon Sports Pick-up is a utility truck with a difference. Uniquely designed to outmaneuver competitions, Actyon Sports…

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