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Centenary City Abuja Launches Its First Co-Development Opportunity

(AFRICAN EXAMINER) – Centenary City Developers FZE, a joint venture between Front Range Developers of the UAE and Centenary City Plc has announced the beginning of the Centenary City development with the launch of its first co-development opportunity – The Grove– On 11th Of September, At the Sales Center, Wawa District, Airport Road, Abuja. The project is spread over a […]

Applications Open for 2018 TEF Entrepreneurship Forum Travel Fellowship for African Journalists

(AFRICAN EXAMINER) – The Tony Elumelu Foundation, Africa’s leading entrepreneurship-focused philanthropy, has announced a call for entries for the 2018 TEF Entrepreneurship Forum Travel Fellowship for African journalists. The Travel Fellowship will provide financial aid to journalists and photojournalists affiliated with African national or global media houses to attend the 2018 Tony Elumelu Foundation Entrepreneurship […]

FIRS Set to Commence Audit Of Taxpayers Nationwide

(AFRICAN EXAMINER) –  Mr Tunde Fowler, Executive Chairman, Federal Inland Revenue Service (FIRS), on Thursday said that the Service would soon commence the audit of taxpayers across the country. Fowler stated this in Lagos while delivering a keynote address at a stakeholders meeting on “Tax Administration and National Revenue’’. The News Agency of Nigeria (NAN) […]

Dangote Now Most Valuable Brand in Nigeria

(AFRICAN EXAMINER) – Dangote has emerged as the most valuable brand among the top 50 brands in Nigeria for 2018 unveiled at the weekend in Lagos. This is coming barely three months after the brand was adjudged the most admired brand of African origin by Consumers in a brand rating coordinated by South Africa based […]

UBA Appoints Four New Board Members

Photo: One of the newly appointed UBA Board members, Erelu Angela Adebayo (AFRICAN EXAMINER) – The Board of Directors of the United Bank for Africa is pleased to announce the appointment of four new members to its board, subject to the approval of the Central Bank of Nigeria(CBN). The new board members are Mrs. Erelu Angela […]

UBA Grows Gross Earnings By 16 Percent

Photo: Group Managing Director/CEO, United Bank for Africa Plc (UBA), Mr. Kennedy Uzoka  …Delivers 17 Percent Return on Average Equity, Sustains Interim Dividend (AFRICAN EXAMINER) – Africa’s leading financial institution, United Bank for Africa Plc has announced its audited 2018 half year financial results, showing strong growth across key performance metrics as well as a significant contribution from […]

$8.1bn Repatriation: MTN Nigeria Refutes CBN Allegation

By Niyi Adeyi (AFRICAN EXAMINER) – Following the allegation of misconduct against it by the Central Bank of Nigeria (CBN), MTN Nigeria Communications Limited (MTN Nigeria) has refuted repatriation of the sum of $8.1bn between 2007 and 2015. The telecommunication giant Public Relations Manager, Funso Aina made the denial Thursday via a media statement, to acknowledging the receipt of the […]

Uber Nigeria Urges Riders to Confirm Drivers Identity Before Each Ride

(AFRICAN EXAMINER) – Uber Nigeria, a transportation network company, has advised the public to confirm the identity of its drivers and other taxi drivers before engaging their services. Francesca Uriri, Head of Communications, Uber West Africa, told the News Agency of Nigeria (NAN) in Lagos on Sunday that confirming the identity of the drivers was […]

Enugu Govt Seals Off Heritage Bank, GTB, Unity Bank, Others Over Tax Evasion

By Ignatius Okpara, Enugu ENUGU, NIGERIA (AFRICAN EXAMINER) – The Enugu State Board of Internal Revenue after obtaining Court Orders, Tuesday carried out a distrainment exercise on four banks and two other private firms, as it sealed off their offices over non-payment of taxes to the State. The Board claimed that the unpaid tax amounts […]

4th Annual Tony Elumelu Foundation Entrepreneurship Forum Holds 25th October

(AFRICAN EXAMINER) – Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced October 25, 2018, as the date for its 4th annual TEF Entrepreneurship Forum. The largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem will unite over 5,000 entrepreneurs, global investors, leaders from the African public and private sectors and developmental […]

False Video: Fidelity Bank Says No Staff Ordered Attack on Customers

(AFRICAN EXAMINER) – Fidelity Bank has reacted to a video going viral on social media saying no staff of the bank ordered any violence against customers as alleged in the video. A statement issued by Mr Charles Aigbe Divisional Head, Brand and Communication, explained that “the two individuals featured in the video were suspected of […]

All Issues Against Abuja Centenary City Have Now Been Resolved –NEPZA Boss

Photo: NEPZA MD, Emmanuel Jime unveils the Abuja Centenary City master plan …As Investors Begin Work on Site (AFRICAN EXAMINER) – All political Issues and hiccups that have hampered the smooth progress of the massive Abuja Centenary city project have now been resolved, the Managing Director of the Nigeria Export Processing Zones Authority, NEPZA, Hon. Emmanuel […]

UBA’s Leo Launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory. UBA’s chat banker, Leo has launched in pilot mode on WhatsApp and will be fully available to […]

Transcorp Hotels Half Year 2018 Profit After Tax Expands By 85%

(AFRICAN EXAMINER) – The pride and pearl of the Nigerian Hospitality Industry, Transcorp Hotels Plc. (“Transcorp Hotels”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The company showed significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02 billion and Earning Per Share […]

Dangote Donates N300m Business School to University Of Ibadan

(AFRICAN EXAMINER) – Leading businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote has challenged the government to muster the will to provide critical infrastructure that will make the nation’s environment conducive to commerce and industry. Dangote made this appeal while delivering the third Eminent Persons Business lecture and inauguration of the Aliko Dangote […]

Q2: Dangote Cement Invests $3bn On Plants, Grinding Terminals Across Africa

….Employs 27,952 Nigerians In 2017 (AFRICAN EXAMINER) – Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3B to build manufacturing plants and import/grinding terminals across Africa.   The company’s operations, according to Makoju are in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia […]

European Commission Fines Google £4.34bn Over Android

(AFRICAN EXAMINER) – The European Commission has fined Google with a record €4.34bn ($5bn; £3.9bn) over Android. The Commission alleged that the firm had used the mobile operating system to illegally “cement its dominant position in general internet search”. Consequently, the firm’s parent – Alphabet has been given 90 days timeline to change its business […]

Nigerian Govt Says Its National Airline Will Take off Before December

(AFRICAN EXAMINER) – The Nigerian government has said the proposed national airline for the country would be unveiled before the end of the year. The Minister of State for Aviation, Sen. Hadi Sirika gave the assurance while receiving the Outline Business Case Certificate of Compliance for the establishment of the airline from Mr Chidi Izuwah, […]

Elumelu Pledges N500m to Boost Entrepreneurship in Delta

(AFRICAN EXAMINER) – Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu has pledged N500 million to create an entrepreneurship programme exclusive to indigenes of the state. He made the commitment after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to Governor Ifeanyi Okowa. He said “Your Excellency, […]

Air Peace Dismisses Prophecy Of Impending Accident as Fake

(AFRICAN EXAMINER) – Air Peace on Friday urged members of the public to ignore a recorded voice message warning them not to patronise the airline and some other air and land transport companies. The airline, in a statement signed by its General Manager, Corporate Communications, Mr Chris Iwarah described the message as fake. “We would […]

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