Latest NVIDIA Driver or Video Card for Dell Precision M4500

Thanks RJ. Do you know if I can replace my video card to the latest version all together? 

I am sorry to tell you this, but that FX 880M is now completely obsolete. Nvidia had already completely ended all support, outside of archived drivers, for all Tesla-architecture (first-generation CUDA) GPUs including your FX 880M, back in 2016. As such, these GPUs are now no longer supported at all in any version of Premiere Pro starting with the CC 2015.3 version.

And starting with the 2019 version (whose 13.1.5 version is now the earliest version that's still available for download), Adobe has now begun to tighten minimum system requirements to run the program properly, if at all. Officially, your system's hardware must be no more than three years old (and this goes from the date particular parts and technology were introduced by their respective manufacturers, not just the date of manufacture or purchase of a particular already-made PC) at the time of a major CC version's release in order to run the program properly.

And since your system is a laptop, neither the CPU nor the GPU is at all user-upgradeable. As such, the only fix would be a completely new laptop.