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Firstbank, Others Partner To Reposition Non-Oil Export For Economic Growth

(AFRICAN EXAMINER) –  First Bank Nigeria Ltd. says it will leverage its vast experience in supporting trade businesses, especially the SME to support the Federal Government’s efforts to diversify the revenue base of the economy. Dr Adesola Adeduntan, Chief Executive Officer, FirstBank, said this during the bank’s Non-Oil Webinar Series on Tuesday. The News Agency […]

South-East Traders Reject New Increment In Customs Import Duty

(AFRICAN EXAMINER) – The South East Amalgamated Markets Traders Association (SEAMATA) has rejected the recent astronomical and indiscriminate increment of import duty on cargoes charged by Nigerian Customs Service. African Examiner reports that the body  is the umbrella union of traders in all the markets in the South-East Geo-political Zone of Nigeria and traders of […]

Kennedy Uzoka Lights Up UBA Foundation’s Garden Ahead Of Yuletide

(AFRICAN EXAMINER) – Africa’s global bank, United Bank for Africa, through its UBA Foundation has been spreading joy across Africa for many years as they continue to give back to the underprivileged in the communities in which they operate. At the UBA Foundation gardens in Lagos where the bank is headquartered, a lights up ceremony […]

Dangote Refinery To Become Highest Employer of Chemical Engineers in Nigeria

(AFRICAN EXAMINER) – The National President of Nigeria Society of Chemical Engineers (NSCh) has revealed that Dangote Oil Refining Company will be the highest employer of chemical engineers in the country when the refinery comes on stream. The Society’s National President, Engr. Saidu A. Muhammed, disclosed this during the NSCh’s visit/tour of the Dangote Refinery […]

Why We Rejected 90% Of Airlines Applications For Expatriates – FG

(AFRICAN EXAMINER) – The federal government has stated that it has rejected over 90 percent of the applications by airline operators for expert quotas in their business. Hadi Sirika, minister of aviation, disclosed this in his office in Abuja. According to Sirika, the rejection was to make sure that Nigerians are prioritised for such jobs, […]

Association Raises Concerns Over Killing Of Alleged Pirates In Nigeria By Danish Military Personnel

(AFRICAN EXAMINER) –  The Nigerian Maritime Law Association (NMLA) on Saturday in Lagos expressed concerns about the killing of four alleged pirates in the Gulf of Guinea. The alleged pirates were reported to have been killed by the Danish Navy from their frigate, ESBERN SNARE, operating within the waters of the gulf. NMLA president Mrs […]

SEC Laments Resurgence Of Ponzi Schemes

(AFRICAN EXAMINER) –  The Securities and Exchange Commission (SEC) has condemned the resurgence of Ponzi schemes and illegal fund managers in the country’s financial sector. The Director-General of SEC, Mr Lamido Yuguda, frowned at the development at an enlightenment workshop with the staff of the Federal Ministry of Finance, Budget and National Planning on Wednesday […]

Banking Sector Fraud Largely Insider Perpetrated – EFCC

(AFRICAN EXAMINER) –   EFCC has declared that banking sector fraud is largely  perpetrated by insider Information, Communication Technology (ICT) employees. Mr Abbah Sambo, Head, Cybercrime Section of the EFCC, made the disclosure at a national seminar on Banking and Allied Matters for judges. Sambo  represented the EFCC chairman, Mr Abdulrasheed Bawa, at the seminar. He […]

Petrol To Sell For N340 Per Litre Next Year – Kyari

(AFRICAN EXAMINER) –  Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari, has stated that  petrol will sell for between N320 and N340 per liter from February, next year. Kyayi, who said Nigeria would be out of the subsidy regime in the first quarter of 2022, explained that subsidy […]

Hike: We Don’t Have Control Over Cooking Gas Price —FG

The Federal Government stated that it has no control over the rising price of cooking gas. This is even as President Muhammadu Buhari expressed concern over the development, especially as gas prices are determined by global market. He also directed the Minister of State for Petroleum Resources, Timipre Sylva, to proceed to Nembe, Bayelsa State, […]

Airport Personnel Slumps, Dies In Abuja Radar Control Room

(AFRICAN EXAMINER) –  Nigerian Airspace Management Agency ( NAMA) has announced the death of one of its Air Traffic Controllers (ATCO), Mr Aniekan  Effiong, while on duty . Mr Khalid Emele, NAMA spokesman, confirmed the sad news in a statement in Lagos . Emele said that Effiong died on duty at the approach radar control […]

Oando Begins Settlement With Mangal, Tops Trading On NGX

(AFRICAN EXAMINER) –  Trading on the Nigerian bourse opened on Monday on a positive note with turnover appreciating by 1,103.94 per cent due to off-market trade in Oando Plc. Specifically, a total of 2.40 billion units valued at N16.47 billion were exchanged by investors in 4,811 deals. This was in contrast with 199.52 million shares […]

Bayelsa Expresses Worry Over Aiteo’s Failure To Check Oil Leak

(AFRICAN EXAMINER) – The Bayelsa Government has expressed worry over Aiteo Production Company’s failure to plug the leaks at its oil field in Nembe, two weeks after the incident was reported. The government’s reaction is contained in a statement issued on Friday by the Commissioner for Information, Orientation and Strategy, Mr Ayibaina Duba, and made […]

Over 7,000 Apply For Houses Online In Seven Days, Says Fashola

(AFRICAN EXAMINER) –  The Works and Housing Minister, Mr. Babatunde Fashola , has revealed that 7,315 applications were received for the purchase of houses under the National Housing Programme, within the first week of launching the online portal. The Director of Press and Public Relations, Mrs Boade Akinola, disclosed this to newsmen in a statement […]

AUN Software Engineering Student Develops Financial Transaction App “Zinger Wallet”

(AFRICAN EXAMINER) – A final-year Software Engineering student of the American University of Nigeria (AUN), Mr. David Edijala, has launched an innovative new payment platform: “Zinger Wallet.” This app was created to address problems with payment methods in Nigeria, especially with cash, bank transfers, and POS machines. “Zinger Wallet” allows businesses to receive payments in […]

Fidelity Bank PBT Increases To N28.10bn In 9 Months

(AFRICAN EXAMINER) –  Fidelity Bank Plc has posted a profit before tax (PBT) of N28.10 billion for the nine months ended Sept. 30. Fidelity Bank’s Chief Executive Officer, Mrs Nneka Onyeali-Ikpe, said this in the bank’s unaudited financial statement posted on the website of the Nigerian Exchange (NGX) Ltd., on Tuesday in Lagos. Onyeali-Ikpe said […]

44 Newcomers Boost Forbes’ 400 List Of America’s Richest People, Trump Still Out

(AFRICAN EXAMINER) –  American business magazine, Forbes, says 44 newcomers joined its list of 400 America’s richest people in 2021, a post on its verified Instagram page @Forbes, on Sunday, said. According to the magazine, the 400 richest Americans are now 40 per cent richer than they were last year—worth a collective $4.5 trillion. Those […]

Nembe Oil Spill: NOSDRA Says Well Still Discharging Crude

(AFRICAN EXAMINER) –  The National Oil Spills Detection and Response Agency (NOSDRA) on Sunday said that the Nov. 5 oil spill which occurred at an oil well within Oil Mining Lease (OML) 29 is yet to be abated, 10 days on. African Examiner learnt that  NOSDRA officials who were deployed to ascertain the cause and […]

Group Lauds NNPC Plan To Reconstruct 21 Roads In 6 Geopolitical Zones

(AFRICAN EXAMINER) –  The Integrity Youth Alliance has thrown its weight behind the plan by Nigerian National Petroleum Company (NNPC) Limited to reconstruct 21 federal roads across the six geopolitical zones. The National Coordinator of the group, Kelvin Adegbenga, gave the support in a statement released in Abuja titled: ‘Why South-South Study Group Nescience Should […]


(AFRICAN EXAMINER) – The general public is hereby advised not to engage in panic buying of Premium Motor Spirit, more commonly known as petrol. The NNPC has over 1.7 billion litres of petrol in stock and more product is expected to arrive into the country daily over the coming weeks and months. It is therefore […]



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