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We Deliberately Shut Down Refineries, Says NNPC GMD

(AFRICAN EXAMINER) – The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, says the corporation deliberately shut down the nations refineries because they no longer make sense to be operated. The GMD disclosed this when he appeared before the House of Representatives Committee on Petroleum Upstream on Thursday in Abuja. He […]

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UBA Foundation Announces Winners of 2020 National Essay Competition

…Ten Out Of Twelve Winners Are Girls (AFRICAN EXAMINER) – The UBA Foundation, the CSR arm of the United Bank for Africa held its tenth annual National Essay Competition (NEC) in a virtual ceremony that was attended by high school students from across the nation. The UBA Foundation’s Education initiative has been changing lives for […]

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Patronize Made-In-Nigeria Products, Minister Urges Young Nigerians

Picture for this story has been sent via email (AFRICAN EXAMINER) – The Nigerian Minister for Mines and Steel Development, Olamilekan Adegbite has called on the youths in the country to patronize local products instead of foreign ones. Speaking during series of town hall meetings held with the youth in the three senatorial districts of […]

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Transcorp Hilton Abuja Wins 4 Awards At 2020 World Travel Awards

…Named Africa’s Leading Business Hotel for the Sixth Consecutive Year (AFRICAN EXAMINER) – Transcorp Hilton Abuja has been honoured with four (4) awards including Africa’s Leading Business Hotel for the sixth consecutive year at the 27th annual World Travel Awards. The hotel, which is owned by Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation […]

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Nigeria Lifts Ban On Lufthansa, Air France, Qatar Airways

(AFRICAN EXAMINER) – The federal government of Nigeria has lifted the ban on Lufthansa, Air France/KLM preventing them from operating international flights in the country. This was made known by the Minister of Aviation, Hadi Sirika, in a tweet on Tuesday. Sirika also disclosed that Qatar Airways has been allowed to resume flights to Abuja […]

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Ex-FIRS Boss, Fowler Returns To EFCC Over N9.2bn Fraud Allegation

(AFRICAN EXAMINER) – Former chairman of the Federal Internal Revenue Service, FIRS, Babatunde Fowler, on Monday returned to the Economic and Financial Crimes Commission, EFCC, to answer more questions. According to reports, Fowler reported at the Lagos State office of the EFCC concerning FIRS’s involvement in alleged financial misappropriation during his time in office. African […]

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We Must Accelerate Renewable Energy In Africa – Adesina

(AFRICAN EXAMINER) – President of African Development Bank (AfDB), Dr. Akinwumi Adesina has harped on the need to accelerate the development of renewable energy in Africa. Dr. Adesina who made observation on Wednesday at the Finance in Common Summit hosted by the President of France, Emmanuel Macron and UN Secretary General, Antonio Guterres for the […]

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FirstBank Wins Global Finance 2020 Best Mobile Bank App Award

(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced that its mobile banking application, FirstMobile, has been awarded the 2020 Best Mobile Banking App award 2020 in the Global Finance Best Digital Bank Awards 2020. The achievement of this feat is largely attributable to the Bank’s […]

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PENGASSAN Strike: NNPC Says No Need for Panic Buying

…Over 2.9 Billion Litres of Petrol Available for Yuletide (AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum products following ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on the implementation of the Integrated Payroll […]

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EITI Commends NNPC On Publication Of 2019 NNPC Audited Account

(AFRICAN EXAMINER)- The Extractive Industries Transparency Initiatives (EITI), a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries, has commended the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, for honouring his commitment to promote and deepen the culture of transparency and accountability in the Corporation.  In […]

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WAEC Withholds Results Of 215,149 Candidates

(AFRICAN EXAMINER) – The West African Examinations Council (WAEC) says results of 215,149 candidates are being withheld over alleged various forms of examination malpractices. The council’s Head of National Office (HNO), Mr Patrick Areghan, made this known at a news conference on Monday in Lagos. Areghan also said that results of candidates from the Chibok […]

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Zimbabwe Says Launching of Second Stock Exchange Will Boost Investments

(AFRICAN EXAMINER)-The Zimbabwe government believes the launch of the Victoria Falls Stock Exchange (VFEX) will attract the much needed foreign direct investment and reposition the country in the global market. Finance Minister Professor Mthuli Ncube launched the bourse on Friday and said VFEX marks the beginning of a journey towards establishment of an offshore financial […]

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NNPC Denies Reports of Bribe to NANS, Funding of Vote-Buying in Ondo Election

(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation has refuted reports in a section of the media alleging that it paid bribe to the National Association of Nigerian Students (NANS) and provided funds for the All Progressives Congress (APC) to buy votes in the just concluded Ondo State gubernatorial election. In a press release by […]

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EFCC Arraigns Heritage Bank Manager Over Alleged $50,000 Fraud

(AFRICAN EXAMINER) -The Enugu Zonal office of Nigeria’s anti-graft agency, the  Economic and Financial Crimes Commission, EFCC, has arraigned a former Manager of Onitsha Main market branch, of Heritage Bank, Mrs. Fidel Omeje over alleged stealing of United States ($50,000) Dollars. He was arraigned Friday, before Justice D. A. Onyefulu of Anambra State High Court, […]

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Downstream Sector Deregulation Will Boost Investment In Refining – Kyari

(AFRICAN EXAMINER) – The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the nation’s refining capacity. This was the submission of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, at the opening […]

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GMD UBA, Kennedy Uzoka Wins Coveted Zik Leadership Award

(AFRICAN EXAMINER) – The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, has been announced as a winner of the 2019 Zik Award for Professional Leadership. Uzoka clinched the much-coveted award alongside the Executive Vice Chairman/Chief Executive Officer at the Nigerian Communications Commission, Prof Umar Danbatta. The Zik Leadership awards […]

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Tony Elumelu Named In Time 100 List Of World Most Influential People

(AFRICAN EXAMINER) – TIME has named Tony Elumelu, one of Africa’s leading investors and philanthropists, in the 2020 TIME100, the annual list of the 100 most influential people in the world. The list, now in its seventeenth year, recognises the activism, innovation, and achievement of the world’s most influential individuals. Mr Elumelu, who is one […]

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Firstbank Announces Appointment Of Oluwande Muoyo As Non-Executive Director

(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, today announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN Holdings Plc., the parent company of First Bank of Nigeria Limited.  Speaking on her appointment, Dr. Adesola Adeduntan, CEO, FirstBank […]

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Unstable Fiscal Regime Stifling Nigerian Petroleum Industry -Kyari

(AFRICAN EXAMINER) – The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector. Mallam Kyari, who stated this while playing host to members of the House of Representatives […]

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Citygate Group Acquires Land For Global Headquarters, Staff Now Over 400

(AFRICAN EXAMINER) – One of Nigeria’s biggest finance outfits, Citygate Group, has acquired a parcel of land for its global headquarters in Ikeja area of Lagos State. The Group, with its headquarters in Lagos, started from a one room apartment 14 years ago and now has presence in 13 states and Abuja, with over 400 […]

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