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Firstbank Salutes Medical Professionals Tackling Covid-19

 (AFRICAN EXAMINER) – First Bank of Nigeria Limited has saluted medical professionals tackling the COVID-19 pandemic in Nigeria and the world, THE WITNESS reports. The Bank in series of tweets on its Twitter page on Friday, acknowledged the role medical experts are playing to fight the virus. Some of the messages read: “No capes, just heroes. To all the health professionals […]

NNPC Hails Wike for Facilitating Truck-out from Port Harcourt Depot

(AFRICAN EXAMINER) – The management of the Nigerian National Petroleum Corporation (NNPC) has commended the Governor Nyesom Wike of Rivers State for his timely intervention which has resulted in the smooth distribution of petroleum products to Rivers State neighbouring states.  A press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, quoted […]

FIRS Collects N1.123trn Revenue In First Quarter

(AFRRICAN EXAMINER) – The Federal Inland Revenue Service (FIRS) says it has collected N1.123 trillion revenue in the First Quarter (Q1) of 2020. The FIRS made this known in a statement issued by Mr Abdullahi Ismaila, Director, Communications and Liaison Department of the service in Abuja on Thursday. He said the service recorded seven per […]

CBN Says Contributions to Its COVID-19 Relief Fund Hit N15bn

(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at N15 Billion. Isaac Okorafor, CBN Director of Corporate Communications, said in a statement that the donations were from 37 donors, including individuals, banks and other […]

COVID 19: Firstbank Donates N1bn, Reiterates Commitment to Safety Of Nigerians

(AFRICAN EXAMINER) – FirstBank has announced its donation of the sum of N1bn towards the joint effort by the Nigerian Private Sector Coalition Against COVID-19 (CACOVID) to rapidly expand the health facilities; especially Testing, Isolation, treatment and the provision of Intensive Care Unit (ICU) facilities pivotal to controlling the spread and importantly, treating individuals diagnosed […]

NNPC Loading Depots to Remain Operational

(AFRICAN EXAMINER) – In its bid to ensure that the Presidential directive on the lockdown of some states is adhered without concerns about availability of petroleum products, the Nigerian National Petroleum Corporation (NNPC) has announced the activation of measures to guarantee seamless distribution of fuel across the country throughout the period of the lockdown and […]

UBA Presents N1 Billion Cheque to Lagos to Combat COVID-19

(AFRICAN EXAMINER) – United Bank for Africa (UBA) Plc has presented the sum of N1 billion to the Lagos State Government as part of the bank’s commitment to help curb the effect of the Coronavirus (COVID-19). This is also in fulfilment of its N5 billion commitment made by the UBA Group Chairman, Mr. Tony O. […]

UBA Announces N5bn Relief Fund to Fight COVID-19 in Africa

(AFRICAN EXAMINER)  – United Bank for Africa Plc (UBA)has announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide significant and much needed support to Nigeria and 19 other African countries, by […]

UBA Empowers 400 Entrepreneurs in Onitsha With Capacity Training

(AFRICAN EXAMINER) – Pan African financial Institution, United Bank for Africa during the weekend held a Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where about 400 small and medium scale business entrepreneurs in Onitsha, Anambra State, benefitted immensely from the impactful training. The beneficiaries were trained in record keeping, cost reduction, stock […]

Lagos Gas Explosion: Dangote Donates N100m Cement to Victims For Reconstruction

(AFRICAN EXAMINER) – Dangote Cement Plc yesterday donated N100 million worth of cement to the Lagos State government, to support the ongoing reconstruction process at the Abule-Ado area of Amuwo-Odofin Local Government of the state, which was affected by a pipeline explosion last weekend. The donation was made by the Chairman of Dangote Cement Plc, […]

Dangote Indian Staff, Quarantined For CONVID-19, Now Tests Negative

(AFRICAN EXAMINER) – An Indian staff of Onshore Construction Company, an instrumentation contracting firm with Dangote Fertilizer Limited, who had shown symptoms associated with COVID-19 and subsequently isolated, has been confirmed negative. Lagos State Commissioner for Health, Prof. Akin Abayomi, who disclosed the outcome of the test via his Twitter handle said, “An Indian national […]

NDIC Cautions Nigerians Against Patronizing Wonder Bank Operators

From Ignatius Okpara, Enugu (AFRICAN EXAMINER) – Nigeria Deposit Insurance Company (NDIC) has cautioned Nigerians to stop patronizing “wonder banks” which offer mouthwatering interest rates to dupe unsuspecting members of the public of their hard-earned incomes in the name of investments. Managing Director/Chief Executive Officer of NDIC, Alhaji Umaru Ibrahim stated this on Wednesday during the […]

Lagos LCDA Presents N2.1bn Budget Proposal

Photo: Lagos Governor, Babajide Sanwo-olu (AFRICAN EXAMINER) – Mr Samson Olatunde, the Chairman of Olorunda Local Council Development Area (LCDA) Iworo, Badagry, Lagos State, on Tuesday presented the 2020 budget estimate of N2.1 billion to the council’s legislative arm. Presenting the budget proposal to the legislators, Olatunde said that the budget would be revenue-based with […]

Enugu Govt to Set Up SME Industries Worth N3.4B In All LGAs

From Ignatius Okpara, Enugu (AFRICAN EXAMINER) – The governor Ifeanyi Ugwuanyi led administration in Enugu State, South- East Nigeria, says it has appropriated a total  sum of N3.4 billion in the 2020 budget for the establishment of a Small/Medium-sized Industry in each of the seventeen (17) council areas of the state. This was revealed on Friday by […]

#Coronavirus: Finance Minister, Zainab Ahmed Laments Crash in Oil Price

(AFRICAN EXAMINER) – The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has lamented the crash in oil price, describing the development as shocking. Speaking at a consultative roundtable meeting organised by Central Bank of Nigeria (CBN) in Abuja Wednesday the Minister complained that oil price has crashed to $33.15 per barrel.  The crash […]

Zenith Bank Retains Position as Nigerian’s Most Valuable Banking Brand

(AFRICAN EXAMINER) – Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500 Banking Brands 2020. For the third consecutive year, Zenith Bank has been ranked as the number one banking brand in Nigeria with a brand value of […]

Sanwo-Olu Commissions UBA Business Office At Afriland Towers

Photo: Chairperson of Avon Healthcare Limited, Dr. Awele Elumelu; Group Chairman, United Bank for Africa (UBA) Plc and Founder, Tony Elumelu Foundation, Mr. Tony Elumelu; and Governor of Lagos State, Mr Babajide Sanwo-Olu. (AFRICAN EXAMINER) – The United Bank for Africa (UBA) on Friday, officially added a new touch point to its network. UBA operates in […]

Dangote Strengthens Export Terminals, Backs Nigeria’s Border Closure

 (AFRICAN EXAMINER) – Dangote Cement Plc   will soon boost its export sales as it prepares to inaugurate its Apapa, Lagos, export terminal. This will be followed by Onne, Rivers State, export terminal.  The company disclosed this while commenting on its future plans following the release of its 2019 financial results. Dangote Cement Plc commended the decision of […]

UBA Launches ‘Click Credit’ To Ease Access to Cash For Customers

(AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc has launched ‘Click Credit’, a time loan designed to address the urgent needs of customers whose salary accounts are domiciled with the bank. As a bank backed by a strong retail franchise with over 1,000 business offices serving 19 million customers, UBA […]

Zenith Bank Declares N200bn Profit After Tax

(AFRICAN EXAMINER) – In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after tax (PAT) of N208.8 billion, achieving the feat as the first Nigerian Bank to cross the N200 billion mark. According to the bank’s audited financial […]

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