Posted by African Examiner
Business News, Latest Headlines
Thursday, November 14th, 2024
(AFRICAN EXAMINER) – African Export-Import Bank (Afreximbank) is doubling its commitment to facilitating a just energy transition for Africa that supports the continent’s critical development needs and unlocks its economic potential. This was made known in a statement issued by Vincent Musumba, Afeximbank’s Communications and Events Manager, on Thursday, as the bank participates at COP29 […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, November 13th, 2024
(AFRICAN EXAMINER) – The Nigeria Customs Service has announced a revenue collection of N5.7 trillion as of November 12, 2024. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Wednesday at the ongoing 2024 Comptroller-General of Customs Conference in Abuja. According to him, the revenue exceeded its target for the year by 10 per cent. […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, November 12th, 2024
(AFRICAN EXAMINER) – The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has blamed the continuous depreciation of the Naira to low local production capacity of the country. The chamber made the disclosure in a statement issued by its President, Mr Odeiga Jideonwo and made available to newsmen in Enugu on Monday. According to […]
Posted by Ignatius Okpara
Brands & Marketing, Featured, Latest Headlines, News Across Nigeria
Sunday, November 10th, 2024
(AFRICAN EXAMINER) – The National President of the Nigerian Institute of Town Planners, Dr Chime Ogbonna has declared that the full implementation of the first indigenous town planning law is the panacea for equity in the ecological system and the sustainable development of Nigerian cities and towns He disclosed this in a statement to Commemorate […]
Posted by Rotimi Fadeyi
Business News, Featured, Latest Headlines
Sunday, November 10th, 2024
(AFRICAN EXAMINER) – The Shell Petroleum Development Company of Nigeria Limited (SPDC JV) – Operator of the NNPC Limited, SPDC, TotalEnergies and Nigerian Agip Oil Company Joint Venture– has, announced the donation of US$1 million to support efforts to provide relief to over half a million people displaced in flood impacted communities of Borno State. […]
Posted by Ignatius Okpara
Business News, Featured, Latest Headlines
Sunday, November 10th, 2024
(AFRICAN EXAMINER) – The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has identified high level of importation of finished products into Nigeria as the key reason for the continuous depreciation of the naira, even as it threw its weight behind the Dangote Refinery. It said the organization is committed towards supporting the growth […]
Posted by African Examiner
Business News, Latest Headlines
Saturday, November 9th, 2024
(AFRICAN EXAMINER) – The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said it does not deal with adulterated petrol. NNPCL Chief Corporate Communications Officer, Olufemi Soneye, disclosed this in a statement. “NNPC Retail Ltd does not deal in adulterated products as it adheres to rigorous standards and quality control measures at every stage in […]
Posted by Ignatius Okpara
African News, Business News, Featured, Latest Headlines
Thursday, November 7th, 2024
(AFRICAN EXAMINER) – The Central bank of Nigeria (CBN), has requested Mayfresh Mortgage Bank Limited to respond to its query on the reported fraud cases of N30 million and N23.854 million leveled against some management Staff of the financial institution within fourteen (14) days of receipt of her letter. This was contained in a […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, November 6th, 2024
(AFRICAN EXAMINER) – The dollar surged and bitcoin hit a record high Wednesday as traders bet on a victory for Donald Trump as he picked up two of the key swing states needed to take the White House, ramping up bets on fresh tax cuts, tariffs and rising inflation. While polls had shown the race […]
Posted by African Examiner
Business News, Latest Headlines
Monday, November 4th, 2024
(AFRICAN EXAMINER) – Dangote Refinery has disclosed the price of its petrol, saying that it sells at N990 per litre in trucks and N960 per litre into ships. The disclosure follows the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) claim of importing the products at […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Sunday, November 3rd, 2024
(AFRICAN EXAMINER) – The Publisher of The Eagle Online, Dotun Oladipo, has emerged as the President of the Innovative Media Partners Cooperative Multipurpose Society. The former President of the Guild of Corporate Online Publishers was among others who are members of the pioneer Executive Committee. Other pioneer executive committee members of the IMPCMS are Nkanu […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, October 31st, 2024
(AFRICAN EXAMINER) – The Nigerian Extractive Industries Transparency Initiative (NEITI) said the solid minerals sector contributed ₦1.137 trillion in direct payments to various government levels from 2007 to 2023. NEITI disclosed this on Wednesday in Abuja while presenting the 2023 Solid Minerals Audit Report, the 16th audit cycle, which provided a comprehensive overview of the […]
Posted by Babatunde Okeowo
Business News, Featured, Latest Headlines
Wednesday, October 30th, 2024
(AFRICAN EXAMINER) – The Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members can’t load petrol from the Dangote Refinery in Lagos despite having paid ₦40bn to the Nigerian National Petroleum Company Limited (NNPCL). IPMAN President Abubakar Garima stated this on Channels Television’s Sunrise Daily programme on Wednesday. Garima expressed surprise that the owner […]
Posted by Niyi Adeyi
Business News, Featured, Latest Headlines
Tuesday, October 29th, 2024
(AFRICAN EXAMINER) – The Nigerian National Petroleum Company Ltd (NNPC Ltd) through NNPC Foundation, its Corporate Social Responsibility (CSR) arm, is set to launch a free cancer screening campaign to address Nigeria’s rising cancer cases. The campaign tagged “Cancer Awareness and ZSX Screening” will provide, not just free cancer screening to indigent Nigerians, but also […]
Posted by African Examiner
Business News, Latest Headlines
Saturday, October 26th, 2024
(AFRICAN EXAMINER) – The Central Bank of Nigeria has debunked reports claiming that the old series of N200, N500, and N1,000 banknotes will cease to exist as legal tender by December 31, 2024. In a statement released on Thursday by the acting Director of Corporate Communications, Sidi Hakama, the CBN noted that the order of […]
Posted by African Examiner
Business News, Latest Headlines
Saturday, October 26th, 2024
(AFRICAN EXAMINER) – The Nigerian equity market closed the week on a positive note on Friday, with investors gaining N157 billion. Specifically, the Nigeria Exchange Ltd. (NGX) market capitalisation, which opened at N60.104 trillion, gained N157 billion or 0.26 per cent to close at N60.261 trillion. The All-Share index also added 0.26 per cent or […]
Posted by African Examiner
Business News, Featured, News
Thursday, October 24th, 2024
(AFRICAN EXAMINER) – President Bola Tinubu has restricted Ministers, Ministers of State, and Heads of Agencies of the Federal Government to a maximum of three vehicles in their official convoys. No additional vehicles would be assigned to them for movement. The cost-cutting measure was announced today in a statement signed by the President. A statement […]
Posted by Enitan Felicia
Business News, Featured, Latest Headlines
Thursday, October 24th, 2024
(AFRICAN EXAMINER) – Kogi State governor, Usman Ododo, has called for the payment of 13 percent derivation from the federation account considering the status of the state as an oil-producing state. Ododo stated this when he visited the Minister of Petroleum Resources (Oil), Heineken Lokpobiri, at his office on Thursday in Abuja saying that Kogi […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, October 24th, 2024
(AFRICAN EXAMINER) – Nigerian Breweries Plc has posted N703 billion revenue generation for the third quarter ended Sept. 30, 2024. This indicates 75 per cent growth, when compared with N402 billion, recorded in the corresponding period of 2023. The Managing Director, Nigerian Breweries Plc, Mr Hans Essaadi, said this in the company’s unaudited results sent […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, October 23rd, 2024
(AFRICAN EXAMINER) – The International Monetary Fund (IMF),, says global growth is projected to remain unchanged at 3.2 per cent in 2024 and 2025, as Inflation recedes. This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for October 2024: “Policy Pivot, Rising Threats,” released on Tuesday during the IMF/ World Bank […]
