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CBN Licences Development Bank of Nigeria (DBN)

(AFRICAN EXAMINER) – The Central bank of Nigeria has approved the grant of a Wholesale Development Finance Institution Licence with national authorization to the Development Bank of Nigeria (DBN) Plc, the Minister of Finance, Mrs. Kemi Adeosun has confirmed. The approval was conveyed in a letter addressed to the Managing Director/Chief Executive of Officer of […]

Buhari Sends Two New Ministerial Nominees to Senate

Picture caption: Nigeria’s president, Mohammadu Buhari ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari has reportedly sent two new Ministerial nominees to the Senate for screening and confirmation. The nomination letter it was learnt was received by the upper Legislative Chamber late Tuesday. The nominations included one from Kogi State – to replace the late […]

Famine, Drought, War Threaten Millions of Children –UNICEF

UNICEF says children can’t wait, with urgent request for nearly $255 million to respond to immediate needs in northeast Nigeria, Somalia, South Sudan and Yemen (AFRICAN EXAMINER) – More than a month after famine was declared in South Sudan, time is running out for more than a million children as drought and armed conflict devastate […]

EFCC Arraigns Enugu Business Man Over  Issuance  Of  N4.4m Dud Cheque

By IGNATIUS OKPARA, Enugu (AFRICAN EXAMINER) –  The Economic and Financial Crimes Commission, EFCC has arraigned an Enugu based businessman, Nicholas Emenike at the State High Court, Enugu on a two-count charge bothering on obtaining the sum of N4,467,500 ( Four Million, Four Hundred and Sixty Seven Thousand, Five Hundred Naira Only) under false pretences […]

Ex-Enugu Lawmaker Blasts State PDP Exco Over Silence on Chime’s Defection

Picture caption: Ex-Governor of Enugu state, Nigeria , Sullivan Chime By IGNATIUS OKPARA, Enugu (AFRICAN EXAMINER) – A chieftain of the peoples Democratic party, PDP and ex-member of the Enugu State House of Assembly, Barrister Nwabueze Ugwu,has called for the resignation of all members the State Working Committee (SWC) of the Party in the state. […]

UBA Grows Profit Before Tax By 32%, Declares Final Dividend of 55 Kobo Per Share

(AFRICAN EXAMINER) – United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The […]

CAF Secretary General El Amrani Resigns

Picture caption: Secretary-General Confederation African Football (CAF) Hicham El Amrani BALTIMORE, MD (AFRICAN EXAMINER) The Secretary-General Confederation African Football (CAF) Hicham El Amrani has resigned his appointment. The 37-year-old Moroccan did not give reason for the decision in his resignation which he dropped Sunday. However, El Amrani’s action has been linked to the ousting of his […]

Ambode Promises New Law to Check Brutality Against Housemaids, Private Security Services

Picture caption: Lagos State Governor Mr. Akinwunmi Ambode   By Ayo Balogun LAGOS, NIGERIA (AFRICAN EXAMINER) – Lagos State Governor Mr. Akinwunmi Ambode has hinted that the Executive will soon send a Bill to the State House of Assembly to regulate handling of housemaids and private Security guards services. Ambode dropped this hint Monday at the […]

CBN Announces New Exchange Rate, Crashes Dollar to N360

BALTIMORE, MD (AFRICAN EXAMINER) – In another move to make Naira appreciates further against Dollar, the Central Bank of Nigeria (CBN) has introduced N360/ Dollar as the new Forex rate for various invisibles. CBN assured Monday that the new rate would be available to Nigerians who wish to buy in all commercial banks across the […]

SPORTS | Russia 2018: England Beat Lithuania at Wembley 2-0

BALTIMORE, MD (AFRICAN EXAMINER) – England have recorded another comfortable step on the road to qualify for next summer’s World Cup tournament in Russia as they beat Lithuania at Wembley 2-0. Gareth Southgate’s first game at Wembley since succeeding Sam Allardyce on a permanent basis provided few alarms as England remain firmly in control at […]

Customs Boss, Hameed Ali Under Fire As Senate Probes N4trn Revenue Leakage

Picture caption:  Controversial Comptroller General of the Nigeria Customs service, Col. Hameed Ali (rtd.) Ayo Balogun, Abuja (AFRICAN EXAMINER) This is not the best of time for the controversial Comptroller General of the Nigeria Customs service, Col. Hameed Ali (rtd.) as the Nigerian Senate has begun moves to probe alleged N4 trillion revenue leakage in the […]

INVESTIGATION: Three Officials Wrecking Nigeria’s Economic Recovery

(AFRICAN EXAMINER) – For much of the past year, Nigeria’s economy, the largest on the continent, has been mired in a recession. Shocked mainly by a fall in the price of oil, the country’s biggest export, and a resumption of militancy in the Niger Delta region which hobbled oil production, Nigeria’s economy ended 2016 on […]

ABU Management to Address Senate On Melaye’s Alleged Certificate Fraud

ABUJA, NIGERIA (AFRICAN EXAMINER) – The dust raised by the allegation on certificate scam against Senator Dino Melaye is far from being settled as the upper Legislative Chamber which the Lawmaker is presently a member is likely to hear from the authorities of Ahmadu Bello University (ABU), Zaria this week. Melaye who is representing Kogi […]

NNPC Commends Taleveras As It Moves to Recover $184m Crude SWAP Under-Deliveries From Companies

Picture caption: Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru (AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation, NNPC has commended Taleveras, one of Nigeria’s oil companies for its cooperative attitude in the ongoing reconciliation of transactions in the defunct crude for products arrangement. Group Managing Director (GMD), Nigeria National Petroleum Corporation […]

Allianz Wins Africa CEO Forum ‘International Corporation of the Year’ Award

BALTIMORE, MD (AFRICAN EXAMINER) – Allianz has received the Africa CEO Forum ‘International Corporation of the Year’ award. Speaking at the 5th annual event, which held in Geneva, Allianz Regional CEO Africa, Coenraad Vrolijk, said: “We are so honored that Allianz’ commitment to Africa has been recognized with this award,” noting that Allianz has been […]

Defence Headquaters Solicits Media Cooperation With  Military

By Ganiyu Nasirudeen ABUJA, NIGERIA (AFRICAN EXAMINER) – The Defence Headquarters (DHQ) has promised to partner with the top echelon of media owners and practitioners for the sustenance of robust and accurate reportage of Defence operational and strategic activities. The Director Defence Information (DDI) Major General John Enenche made the promise Friday during a visit […]

Terrorism: Buhari to Open Army Small Arms Tournament in Sambisa Forest

Picture caption: President Mohammadu Buhari, Nigeria  By Mustapha Abdul Salaam BORNO, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari is billed to kick start the Nigerian Army Small Arms Championship (NASAC) 2017 Monday, March 27, 2017 inside the Sambisa Forest, Borno State. The Army Chief of Training and Operations Major General David Amadu, made this disclosure […]

Buhari Sends 27 INEC RECs to Senate For Confirmation

By Ganiyu Nasirudeen ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari has sent 27 nominees to the Senate for confirmation as the Independent National Electoral Commission (INEC) Resident Electoral Commissioners (RECs). President of the Senate Bukola Saraki, Thursday read the President’s letter which was signed by his Vice, Prof.Yemi Osinbajo (while acting as President) and […]

Nigeria Govt Introduces Visa on Arrival for Foreign Investors

(AFRICAN EXAMINER) – The Nigeria Immigration Service (NIS) has announced the introduction of a liberalised online Visa on Arrival (VOA) facility to the public, especially foreign investors willing to invest in Nigeria. The Comptroller-General of the NIS, Mr Muhammad Babandede, made the announcement on Thursday in Abuja. Babandede said that‎ the measure was part of […]

Buhari Appoints Interim CEO, Directors of Bank of Agriculture

Picture caption: Nigeria’s President, Muhammadu Buhari ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari has approved the appointment of Mr. Kabiru Mohammed, as an interim Managing Director/Chief Executive Officer of the Bank of Agriculture (BOA). In a statement issued Thursday by the Deputy Director, Information, Federal Ministry of Agriculture and Rural Development Mrs Lere-Adams Blessing, President […]

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