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Business

PMNews: Dangote Begs Public To Help Monitor Truck Drivers

September 20, 2017 Omoniyi Osadare 0

The Management of Dangote Industries Limited has launched a passionate appeal to members of the public to assist in monitoring both the recklessness and the illegal haulage of contraband goods by some of his truck […]

Banking

CBN Gives Banks Four Weeks To Open Forex Sales Point by Oluseyi Awojulugbe

September 20, 2017 Omoniyi Osadare 1

The Central Bank of Nigeria (CBN) has given a four-week ultimatum to deposit money banks which have not complied with its directive to open teller points for retail forex transactions. In a statement sent to […]

Banking

Forex: CBN To Sanction Banks

September 19, 2017 Omoniyi Osadare 0

The Central Bank of Nigeria (CBN) on Monday threatened to sanction any Deposit Money Bank (DMB) in breach of its earlier instructions to open teller points for retail foreign exchange (Forex) transactions in all locations. […]

No Picture
Business

Building customer relationships for revenue By Osayi Alile

September 18, 2017 jimidisu 0

Successful small business owners establish and maintain relationships with their customers, suppliers, partners, and even their competitors. They invest in creating value for customers to strengthen relationships and secure customer loyalty because they recognise that […]

Business

Punch: What To Do if ATM Swallows Your Card

September 18, 2017 Omoniyi Osadare 0

There are steps to protect your cards and what you can do if the Automatic Teller Machine swallows your card, according to http://echeck.org. Wait for 10 minutes to restart: As annoying as it may be, […]

Business

Kenya: Jittery Markets Should Keep Calm, By Rafiq Raji

September 18, 2017 Omoniyi Osadare 0

Considering how high the stakes are, anything short of a credible poll this time around would almost certainly lead to violence. Fellow economists view these developments as short term risks to Kenyan asset, with the […]

Business

TAX: Nigeria’s New Oil?

September 15, 2017 Omoniyi Osadare 1

Voluntary Asset and Income Declaration Scheme (VAIDS) is a scheme by the Federal Government to help increase tax awareness and compliance among Nigerians. This scheme grants all tax-paying citizens a limited opportunity to regularize their […]

Business

Tony Elumelu’s Theory By Adeola Akinremi

September 15, 2017 Omoniyi Osadare 0

Across Africa, Tony Elumelu’s unstinting generosity is written in the hearts and minds of the people. National governments in Africa bear same record. But the stylish banker is doing more than giving money these days. […]

Business

Kachikwu Says World Moving Away From Oil | PMNews

September 15, 2017 Omoniyi Osadare 0

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says the world is moving away from oil, hence, it will no longer be an income resource in 10 years’ time. Kachikwu said this in […]

Business

Future of Oil Declining… It Won’t Last Forever, Osinbajo Warns | TheCable

September 13, 2017 Omoniyi Osadare 0

Vice-President Yemi Osinbajo has said the profitability of Nigeria’s oil is gradually declining. Speaking during the second national council on Niger Delta meeting held in Akure, Osinbajo said the plan by many countries to phase […]

Business

NNPC GMD: We Don’t See A Penny From Crude Sales

September 8, 2017 Omoniyi Osadare 0

Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the oil firm does not “see a penny” from the sale of crude oil. Baru said this in response to some critical […]

Business

PremiumTimes EXCLUSIVE: Top PDP Financier Emeka Offor Is Broke, Shuts Down Company

September 7, 2017 Omoniyi Osadare 0

The fall of the Peoples Democratic Party at the centre appears to have devastated the fortunes of several politically-connected businessmen who, as once suggested by former President Olusegun Obasanjo, mostly relied on the then-ruling party […]

Business

Customs Stop Cross-Examination of Cleared Cargoes At Port Gates | Punch

September 7, 2017 Omoniyi Osadare 0

The Nigeria Customs Service has directed that any consignment duly released at the terminals should no longer be subjected to Customs cross examination at the exit gate. A circular issued by the Officer in Charge, […]

Business

‘Nigeria Lost 773,100bpd of Crude Oil In May’

September 5, 2017 Omoniyi Osadare 0

The Nigeria oil industry lost 773,100 barrels per day to production shut-in due to product theft and pipeline vandalism in the month of May, 2017. At the international Brent price of $52 per barrel, the […]

Business

Dangote: I Am Not A Politician, Won’t, Can’t Confront Buhari In 2019

September 3, 2017 Omoniyi Osadare 0

African’s richest man, Aliko Dangote, has debunked reports he is warming up to contest the 2019 presidential election on the platform of the Peoples Democratic Party (PDP). He spoke in an interview with Daily Times, […]

Business

Dangote: My Passion Is Business… Stop Tipping Me For 2019 Presidency

September 2, 2017 Omoniyi Osadare 0

Aliko Dangote, Africa’s richest man, has denied reports he will run for the presidency on the platform of the Peoples Democratic Party (PDP) in 2019. Dangote made the denial in an interview with Daily Times. […]

Banking

Nigeria’s Access Bank Takes Impairment On 9mobile Loan | PMNews

August 30, 2017 Omoniyi Osadare 0

Nigeria’s Access Bank said on Wednesday it had booked a 4 billion naira ($13 million) impairment on its loan to troubled telecoms firm 9mobile, formerly known as Etisalat Nigeria. Access Chief Executive Herbert Wigwe said […]

Business

Rams Everywhere, But None To Buy As Sallah Approaches

August 30, 2017 Omoniyi Osadare 0

With two days to the Eid-el-Kabir celebrations, the state of the economy is taking its toll on commodity goods leading to a hike in the price of foodstuff, especially rams, which is usually killed to […]

Business

Shake-Up In NNPC, 55 Top Executives Affected By Oluseyi Awojulugbe

August 30, 2017 Omoniyi Osadare 0

The Nigeria National Petroleum Corporation (NNPC) says it has reshuffled the management staff of some units of the corporation. In a statement released on Tuesday, Ndu Ughamadu, NNPC spokesman, said 55 management staff were affected […]

Aviation

Guardian: Conveyor Belt Operators’ Strike Grounds Flights At Lagos Airport

August 29, 2017 Omoniyi Osadare 0

Flights at the international wing of the Murtala Muhammed Airport, Lagos were for several hours disrupted yesterday following a strike action by operators of the belt conveyor to protest against alleged unpaid salaries. The workers, […]

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