PM News Nigeria

Amosun honours corporate and individual tax payers


The Ogun State Government on Thursday honoured some organizations and groups it considered the most faithful in the payment of taxes last year with a firm pledge by Governor Ibikunle Amosun to faithfully utilize all taxes collected in the state. At a ceremony held at the Hubert Ogunde Cultural Centre, Kuto, Nestle Nigeria Plc was […]

NNPC committed to economic growth through gas value chain – GMD

•Andrew Yakubu, GMD, NNPC

The Group Managing Director (GMD) of NNPC, Andrew Yakubu, on Thursday 24 April, said the corporation was committed to the nation’s economic growth through gas value chain. Yakubu made the disclosure at the opening ceremony of batches 073 to 079 Capacity Building Programme for NNPC chief officers in Abuja themed: “Chief Officers Management Development Programme” […]

NSE market capitalisation increases by N59bn

Dealers at the Nigeria stock Exchange

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday 23 April grew by N59 billion or 0.46 per cent, to close at N12.889, from the N12.830 trillion recorded on Tuesday. The All-Share index, however, dropped by 214.24 basis points or 0.54 per cent, to close at 39,194.09 from the 39,408.33 posted on Tuesday. […]

Samsung partners Hellofood for food delivery app in Nigeria

hellofood app

Online food ordering service, founded by Africa Internet Holding (AIH), announced a partnership with Samsung at the launch of the new Samsung Galaxy S5 in Lagos. As part of the Galaxy Gift Package, Hellofood has been selected as one of six apps that will be pre-installed on all Galaxy S5 devices for its users. […]

World Bank approves $250 million credit for water projects in Nigeria

Oladokun Bamidele

The World Bank said it has approved a credit of 250 million US dollars to help the Nigerian Government continue its efforts to increase access to water supply services. In a statement in Abuja on 21 April, the World Bank’s Communications Associate, Africa Region, Bamidele Oladokun, said the credit facility would also help to improve […]

Electricity generation to hit 12,000mw by 2016

dr sam amadi

Dr Sam Amadi, Chairman, Nigeria Electricity Regulatory Commission (NERC), has said electricity generation nationwide would hit 12,000 mega watts before the end of 2016, He disclosed this on Monday in Minna at a town hall meeting. Amadi said that this would be made possible as the commission had issued licence to private power plant operators […]

Marketers urge FG to pay outstanding fuel subsidy claims

Obafemi Olawore Executive Secretary MOMAN

Obafemi Olawore, Executive Secretary, Major Oil Marketers Association of Nigeria, has pleaded with the Federal Government to pay marketers’ subsidy claims to avoid fuel scarcity. Olawore claimed that the outstanding subsidy claims stood at N53.6 billion. “As at April 1, we were still owed an outstanding of over N53.6 billion by government on subsidy which […]

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