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ImpactHER Trains Women to Scale up Business, Access Institutional Capital

(AFRICAN EXAMINER) – A non profit, female centric organisation, ImpactHER, has successfully concluded the training of female African entrepreneurs on how to access finance from corporate organisations for the growth of their business. The training conference held last week in Canton Concourse, Maroko, Lagos, saw over 100 women engaged in different lines of business in attendance. […]

Taraba First Lady Hails Fidelity Bank Over Donation to Children with Disabilities

Photo: L-R: Commissioner, Urban & Regional Planning, Taraba, Hon. Hassan Beppah; Principal, Precious Kids School, James Ayagwa; Branch Leader, Jalingo, Fidelity Bank Plc, Kabir Abdurrahman; Head, Corporate Social Responsibility & Sustainability, Fidelity Bank Plc, Chris Nnakwe; Taraba Firstlady, Barr. Anna Ishaku and Regional Bank Head (RBH), North East, Musa Tarimbuka. (AFRICAN EXAMINER) – Fidelity Bank Plc, in […]

FirstBank Announces Winners of its Visa Gold Card Promo

Photo: R-L: Ehimika Ivbuobe, Business Manager, FirstBank; Bello, Hadizat Esohe, winner of the FirstBank Visa Gold Card World Cup Promo;  Bello Mohammed, winner’s son and Erhunwunse Osarumwense, Relationship Manager, FirstBank. …Winners to Watch 2018 World Cup Live in Russia (AFRICAN EXAMINER) – First Bank of Nigeria Limited in partnership with Visa International has announced the […]

Kogi IGR Increases to N1bn Monthly –Official

(AFRICAN EXAMINER) – Kogi State Government says its Internally Generated Revenue (IGR) has improved tremendously from N350 million to N1 billion monthly. Mr Kingsley Fanwo, the Director-General, Media and Publicity, Kogi State disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday in Lokoja. Fanwo said the target of the state […]

UBA Kenya to Leverage on Group’s Capacity to Finance Large Transactions

Nairobi, Kenya (AFRICAN EXAMINER) –  United Bank for Africa, a leading pan-African financial institution with operations in 20 African countries has assured the players in the private and public sectors in East Africa’s largest economy that its Kenyan franchise is ready and committed to finance key projects and business transactions capable of galvanising the economic […]

Oil Prices Hit $80 Per Barrel, Highest Since Nov 2014

(AFRICAN EXAMINER) – Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to renewed U.S. sanctions and reduce supply in an already tightening market. Brent crude futures LCOc1 reached an intraday high of $80.18 while U.S. West Texas Intermediate (WTI) crude […]

Dangote Among 75 World’s Most Powerful People

(AFRICAN EXAMINER) – Nigeria’s foremost entrepreneur, Aliko Dangote has been ranked among 75 most powerful persons on the planet, ahead of the Vice President of the United States of America, Mike Pence. According to the Forbe’s latest 2018 ranking of the World Powerful people, Dangote ranked among world leaders like Xi Jinping, the Chinese President, […]

NNPC Retail Now Holds 14% Petroleum Products Retail Business

Photo caption: Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, (R) and Managing Director of NNPC Retail Limited, Mr. Yemi Adetunji  at the NNPC Towers in Abuja on Tuesday. … Says More Stations in Pipeline (AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) said Downstream subsidiary, the NNPC Retail Limited, […]

CBN Captures 31 Million Nigerians in BVN Project

(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring unique identifier in the Nigerian banking industry. CBN Director, Banking and Payment System, Mr Dipo Fatokun, disclosed this in a paper titled, `Nigeria’s progress towards the creation […]

At Annual Chairman’s Forum, UBA Seeks Strengthening of Corporate Governance

(AFRICAN EXAMINER) – Pan- African financial Institution, United Bank for Africa Plc, last thursday,  ended its annual Group Chairman’s Forum, a platform for group integration, re-strategising and knowledge sharing with the overall aim of putting the bank on firm standing to actualize its goals and targets for the financial year. The theme of this year’s […]

Fuel Subsidy Payments: Senate Orders NNPC to Refund N216Bn

ABUJA, NIGERIA (AFRICAN EXAMINER) – The Senate has described as illegal and called for refund of the current payments being made by the Nigerian National Petroleum Corporation NNPC for subsidy of Premium Motor Spirit PMS, otherwise called petrol. Following this, the Senate Committee on Public Accounts recommended in its report on the investigation into the […]

FirstBank Empowers SMEs and Youths in Lagos, Benin

(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s number one SME Bank is hosting the SMEConnect Series – a multi-pronged SME support programme developed by the Bank to chart a veritable course for SME development, emphasizing boundless opportunities for entrepreneurial business development.   The programme includes open seminars to build capacity; sector-specific industry forums; […]

UBA Celebrates Africa, Honors Staff at 2018 CEO Awards

(L-R) Chairman, Forte Oil Plc, Mr Femi Otedola; President, Dangote Industries, Alhaji Aliko Dangote; GMD/CEO, UBA, Mr. Kennedy Uzoka; Senator Mohammed Daggash; and Chairman, UBA, Mr. Tony Elumelu, at the 2018 UBA CEO Awards at Eko Hotel, Lagos — (AFRICAN EXAMINER) – It was a fun night of  glamour and electrifying excitement as Pan African […]

CBN Injects Another $210m Into Forex Market

(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) says it has again injected 210 million dollars into the Foreign Exchange (Forex) market in continuation of its intervention in the sector. A statement by Mr Isaac Okorafor, Acting Director, Corporate Communications Department, in Abuja on Wednesday, said the intervention was to enable market operators meet […]

UBA Meets NSE’s Stringent Conditions, Lists on Elite Premium Board

Photo: L-R: Chairman, UBA, Mr. Tony Elumelu; CEO, Nigerian Stock Exchange, Mr. Oscar Onyeama and Group Managing Director/CEO, UBA,  Mr. Kennedy Uzoka. (AFRICAN EXAMINER) – The Nigerian Stock Exchange on Monday migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to […]

$6.8m Fraud: EFCC Drags Globacom to Court

(AFRICAN EXAMINER) -The Economic and Financial Crimes Commission EFCC has dragged an indigenous GSM service provider Globacom to a special court, over alleged fraud up to the tune of $6,786,674.61. EFCC prosecuting Counsel Mr. A.B.C. Ozioko, in the charge sheet, claimed that the telecommunication firm and another party, Israni acted contrary to Section 1(2)(3) of […]

ANALYSIS: Sekibo’s Alleged Many Frauds and Heritage Bank

Photo: Embattled Heritage Bank MD/CEO, Mr. Ifiesimama Sekibo BALTIMORE, MD (AFRICAN EXAMINER) – The misfortune which has since befallen the Heritage Bank Plc after it opened to customers for full operations, till present, effectively cannot be isolated from the many past but questionable business transactions involving its Managing Director/Chief Executive Officer, Mr. Ifiesimama Sekibo and some […]

Adeosun Reassigns Portfolios in SEC, Appoints New Acting DG

(AFRICAN EXAMINER) – The Honourable Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC). Ms. Mary Uduk will assume the position of Acting Director-General of the Commission. Uduk’s appointment is governed by the provisions of the Investments and Securities Act (ISA), 2007 and the […]

Elumelu to Tour East Africa On Entrepreneurship, Infrastructure

LAGOS, NIGERIA – Entrepreneur, and philanthropist, Tony O. Elumelu will lead a 5-day working visit to East Africa, where he will meet with national leaders of Kenya and Uganda. In his capacity as Chairman of United Bank for Africa (UBA), Mr. Elumelu will travel to Uganda (April 10) and Kenya (April 12) to meet with […]

Nigerian Government Extends VAIDS Compliance Deadline till June 30

ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari has extended the compliance deadline to the Voluntary Assets and Income Declaration Scheme VAIDS till Wednesday, June 30 2018. The extension was announced in a statement issued Wednesday in Abuja by the Special Adviser on Media and Publicity to Mr. President, Femi Adesina. The statement indicated that […]

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