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QI 2017: Fidelity Bank Records Double Digits Growth in Earnings, Profits

Lagos Nigeria, April 27, 2017: Top Nigerian lender, Fidelity Bank Plc recorded a solid financial performance in the first quarter of 2017, posting appreciable growth in profits and gross earnings for the period ended March 31, 2017. This is in spite of the challenging and fiercely competitive business environment. Details of the unaudited results, released […]

INEC Commences Nationwide Continuous Voter Registration (CVR)

ABUJA, NIGERIA (AFRICAN EXAMINER) – The Independent National Electoral Commission (INEC) has commenced the nationwide Continuous Voter Registration (CVR) at its Local Government offices. INEC which confirmed that the exercise would remain all year round said the exercise was meant for the citizens who turned 18 years of age after the last registration exercise; or […]

Many Injured as Building Collapses In Lagos

LAGOS, NIGERIA (AFRICAN EXAMINER) – A part of building still under construction in Lekki, Lagos Island has collapsed. It was learnt that some of the people around the building when it came down sustained injuries. Meanwhile, the Lagos State Emergency Management Agency (LASEMA) has confirmed the incident as well as the “casualties” involved. LASEMA also […]

Buhari is Sick but no Cause for Apprehension; Can Fully Function from Home -Presidency

(AFRICAN EXAMINER) – Following series of speculations about  President Buhari’s poor state of health, the presidency has clarified that though the president is sick, “there is no need for apprehension.” In a statement issued on Thursday by president’s media aide, Garba Shehu, the presidency lashed out at many negative media reports about the president’s state […]

Transcorp Group Reports 20% Growth in Revenue

Lagos, Nigeria – April 26, 2017 – Transnational Corporation of Nigeria Plc (Transcorp), a leading Nigerian conglomerate has announced financial results for its first quarter ended March 31, 2017. The Group’s total revenue increased from N13.2bn to N15.8bn representing a 20% increase when compared to the Group’s performance in the corresponding period of 2016. FINANCIAL […]

Presidency Not Harassing Jonathan’s Family

By Ganiyu Nasirudeen ABUJA, NIGERIA (AFRICAN EXAMINER) – The Presidency has rubbished an allegation made by the immediate past President Goodluck Jonathan against President Muhammadu Buhari’s administration that his family is being harassed. Making references to the headline in a national newspaper of Wednesday, April 26, 2017, entitled: ”Buhari’s Govt Harassing My Family, Says Jonathan”, […]

Fraud: NDDC Boss in new Financial Mess as Court Freezes all his Bank Accounts

By Ayo Balogun, Abuja (AFRICAN EXAMINER) -Following his refusal to pay his debts and failure to honour a loan obligation, a Federal court in Uyo recently ordered that the incumbent Managing Director of the Niger Delta Development Corporation (NDDC)  Nsima Ekere forfeited all monies  in his bank accounts and a plot of land located at […]

Court Says South Africa’s Nuclear Plant Deals with Russia Unlawful

(AFRICAN EXAMINER) – A South African court has annulled initial agreements the government reached with three countries to help it build nuclear power stations. The deals with Russia, the US and South Korea were unlawful, the court ruled. The government failed to hold public hearings and a parliamentary debate over its plans, it added. Environmental […]

Dangote’s new Pasta Products hit Market, to Compete with Rice

(AFRICAN EXAMINER) – In a major strategic move to grow its market equity in Africa, Dangote Flour has unveiled new improved pasta products called ‘Ecccellente’. The re-vamped Pasta, is expected to reduce the dependency on rice consumption by Nigerians. Speaking at the Grand Customer Launch Event in Kano on Tuesday, Executive Director, Sales & Marketing, […]

Uncertainty Over Buhari’s Health, Fails to Attend another FEC Meeting; now to Work from Home

By Ayo Balogun, Abuja (AFRICAN EXAMINER) – As President Buhari failed to attend yet another weekly meeting of the Federal Executive Council (FEC), the Minister of Information, Alhaji Lai Mohammed said the President was absent the meeting because he has opted to work from home. African Examiner gathered that the president who has been battling […]

BREAKING: Confusion As Another Court Orders Forfeiture Of Mrs. Jonathan’s $5.9m

By Niyi Adeyi LAGOS, NIGERIA (AFRICAN EXAMINER) – Barely 24 hours after a favorable ruling against the freezing of her Bank account with the $5.9 million, another Federal High Court sitting in Lagos has upturned the ruling of an Appeal Court ordering unfreezing of the same account belonging to the former First Lady, Mrs. Patience […]

Runway JAZZ 2017: UBA Powers Music and Business Masterclass

(AFRICAN EXAMINER) – The countdown has begun to the most anticipated and insightful learning experience at the Runway Jazz 2017 Music and Business Masterclass, taking place on April 29, 2017 in the Grand Ballroom of Eko Hotels & Suites, Lagos, Nigeria.  The Masterclass is a prelude to the Runway Jazz Concert, a special celebration of […]

OPINION: Southern Kaduna Massacres on my Mind

Photo caption: Kaduna state governor, Nasir El-Rufai By Sufuyan Ojeifo “Any man’s death diminishes me, because I am involved in mankind; and, therefore, never send to know for whom the bell tolls; it tolls for thee.” John Donne Southern Kaduna is a microcosm of Nigeria.  It is, by any stretch of the imagination, emblematic of […]

Crude Fraud: Fresh Trouble for Talevaras, Ontario, Aiteo as NNPC Vows to fully Recover all Payments

Photo Caption: Igho Sanomi, CEO of the Taleveras Group By Ayo Balogun, Abuja (AFRICAN EXAMINER) – Fresh trouble is brewing for three oil companies, Aiteo Energy Resources, Talevaras Group of Companies and Ontario Oil over outstanding payments of over $184 million under-delivery of crude oil recorded under the former petroleum product swap regime. The indication […]

Contract Fraud: Osinbajo’s Probe Panel Grills Suspended SGF, Babachir Lawal

(AFRICAN EXAMINER) – The embattled Secretary to the Government of the Federation (SGF), Babachir David Lawal, on Tuesday appeared before the  the three-man investigative panel headed by Vice President Yemi Osinbajo. Recall that the panel was set up to investigate allegations of  fraud against Lawal in the award of contracts under the Presidential Initiative on […]

IPOB: Court Grants Nnamdi Kanu Bail on Health Grounds

(AFRICAN EXAMINER) – The Federal High Court, Abuja, on Tuesday admitted the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, to bail on health grounds. Kanu was arrested on October 15, 2015 in Lagos and charged with treason and terrorism. In a brief ruling, Justice Binta Nyako, said that she was convinced that […]

Court Grants Patience Jonathan Access to her $5.9m at Skye Bank

(AFRICAN EXAMINER) – The Economic and Financial Crimes Commission on Tuesday withdrew its application seeking to stay the execution of a court order which unfroze the Skye Bank account of the wife of ex-President Goodluck Jonathan, Patience with a balance of $5.9m. A counsel for the EFCC, Rotimi Oyedepo, appeared before the Federal High Court […]

Absence Of Prosecution Counsel Stalls Saraki’s CCT Trial

ABUJA, NIGERIA (AFRICAN EXAMINER) – The ongoing trial of President of the Senate Bukola Saraki at the Code of Conduct Tribunal (CCT) on false assets declaration and money laundering has been adjourned till Thursday, April 27, 2017. Tuesday’s adjournment was primarily due to the absence of prosecution Counsel, Mr. Rotimi Jacobs (SAN). Senator Saraki is […]

Group Demands Andy Uba’s Arrest, Prosecution over Certificate Forgery

Photo Caption: Sen. Andy Uba, representing Anambra South Senatorial District  in Nigeria Senate  (AFRICAN EXAMINER) – A grassroots youth organization, Anambra Youth Movement (AYM) has called on the Police to immediately arrest and prosecute Senator Andy Uba for  forgery and perjury. The call was contained in a petition addressed to the Inspector-General of Police (IGP), […]

Late Adeleke Buried in Osun Amid  Protests by Angry Youths

OSUN, NIGERIA (AFRICAN EXAMINER) – The former Governor of Osun State Senator Isiaka Adeleke who died Sunday, has been buried amid confusion, confrontation and lamentation among the family members and political fans. Earlier before his burial later Monday morning, some enraged youths after sighting an APC stalwart – Idiat Babalola, sitting beside the younger brother […]

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