Posted by Ignatius Okpara
Business News, Featured, Latest Headlines
Tuesday, October 22nd, 2024
(AFRICAN EXAMINER) – The Chairman, Enugu State Internal Revenue Service (ESIRS), Hon. Emmanuel Ekene Nnamani, has said that the State has solved the issue of multiple taxation through the introduction of a single yearly unified tax payment system using the e-ticketing solution. Briefing newsmen in Enugu, he explained that the system allows business owners in […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, October 22nd, 2024
(AFRICAN EXAMINER) – Malam Ali Muhammad Ali, the Managing Director of the News Agency of Nigeria (NAN) says the agency does not discriminate against Persons With Disabilities (PWDs) in its employment process. Ali, represented by Mr Ephraims Sheyin, the Editor-in-Chief of NAN, said this when a delegation from the Inclusive Friends Association (IFA) for PWDs […]
Posted by Babatunde Okeowo
Business News, Latest Headlines
Tuesday, October 22nd, 2024
(AFRICAN EXAMINER) – In a surprising twist of events, the Dangote Group says it will withdraw its ₦100bn suit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for granting import licenses to the Nigerian National Petroleum Company Limited (NNPCL), Matrix Petroleum Services Limited, AA Rano Limited, and four other companies despite local production […]
Posted by Niyi Adeyi
Business News, Featured, Latest Headlines
Saturday, October 19th, 2024
(AFRICAN EXAMINER) – The President of the African Development Bank (AfDB) Akinwunmi Adesina has raised concern over the rising poverty levels in Nigeria. Adesina spoke in Abuja during the 90th birthday lecture of a former head of state Yakubu Gowon. He said addressing the poverty level is key to Nigeria becoming a global player and […]
Posted by Rotimi Fadeyi
Business News, Featured, Latest Headlines
Friday, October 18th, 2024
(AFRICAN EXAMINER) – Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at the just concluded Nigeria Economic Summit in Abuja. Speaking on the theme “Fuelling Growth: The […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, October 16th, 2024
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, on Tuesday said the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11. Cardoso stated this while appearing before the House of Representatives Committee on Banking Regulation. The apex bank boss noted that the nation’s foreign reserves […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, October 15th, 2024
(AFRICAN EXAMINER) – As part of activities marking the 2024 Global Sustainability Week, leading Cement manufacturer, Dangote Cement Plc has reached out to vulnerable and deprived communities across its business operations with food items and unveiled skills acquisition and educational empowerment initiatives. This is just as the President/Chief Executive of Dangote Group, Aliko Dangote assured […]
Posted by African Examiner
Business News, Featured, Latest Headlines, Uncategorized
Saturday, October 12th, 2024
(AFRICAN EXAMINER0 – ) The Nigerian Exchange Ltd. (NGX) has suspended trading in the shares of Transnational Corporation Plc (Transcorp). The NGX, in its weekly report, said that the suspension, on Thursday, was necessary to determine the shareholders entitled to receive the firm’s reconstructed shares. The Exchange said that suspension was to prevent any trading […]
Posted by African Examiner
Business News, Latest Headlines
Friday, October 11th, 2024
(AFRICAN EXAMINER) – The Nigerian Electricity Regulatory Commission (NERC) says the total revenue collected by all Electricity Distribution Companies (DisCos) in quarter two hit N431.16 billion. The commission made this known on its Website in its second quarter 2024 report in Abuja on Thursday. The report said that the N431.16 billion collected was out of […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, October 9th, 2024
(AFRICAN EXAMINER) – Fuel queues have resurfaced across Lagos following an increase in petrol prices by the Nigerian National Petroleum Company Ltd. (NNPC) and other marketers. The News Agency of Nigeria (NAN) reports that many filling stations, including those along Ikorodu Road, Ikeja and Bariga, have temporarily closed due to the price hike. NAN correspondent […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, October 9th, 2024
(AFRICAN EXAMINER) – Aliko Dangote says Nigeria must enhance its crude oil production capacity and effectively manage its crude supply to ensure adequate feedstock for domestic refineries, in order to transit from a net importer to a net exporter of petroleum products. The Chairman of Dangote Refinery and Petrochemicals Company Limited made this assertion during […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, October 7th, 2024
(AFRICAN EXAMINER) – The Managing Director, the Shell Petroleum Development Company of Nigeria Limited and Country Chair, Shell Companies in Nigeria (SCiN), Osagie Okunbor, has received an “Award of Excellence to an Astute and Visionary Technocrat” from the newly instituted executive leadership of the Petroleum Technology Association of Nigeria (PETAN). Okunbor received the award in […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, October 3rd, 2024
(AFRICAN EXAMINER) – Resuming from the Oct. 1 Independence Day holiday, trading activities on the Nigerian Exchange Ltd. (NGX) declined by 0.33 per cent on Wednesday, driven by sell-offs in MTN Nigeria and Tier-one banks. Specifically, the NGX market capitalisation, which opened at N56.635 trillion, lost N187 billion or 0.33 per cent to close at […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, October 2nd, 2024
(AFRICAN EXAMINER) – Wisdom Alfred, better known as Dr H20, has stated that due to spiritual attack he lost a N15 million investment by bottled water company, Aquafina. The African Examiner writes that Alfred became popular after a video of him passionately promoting Aquafina water at a busy bus garage in Onitsha, Anambra State, went […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, October 1st, 2024
(AFRICAN EXAMINER) – Shell has announced Ronald Adams as the new Managing Director for its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited: Prior to his appointment, Adams was Chief Executive Officer of Atlantic LNG, Trinidad and Tobago. He takes over from Elohor Aiboni who proceeds on international assignment to Brunei Shell […]
Posted by Niyi Adeyi
Business News, Featured, Latest Headlines
Monday, September 30th, 2024
(AFRICAN EXAMINER) – As part of its social investment programme aimed at promoting educational development in its host communities, Dangote Granite Mines Limited has awarded multi-million naira scholarships to secondary school and tertiary institution students from Ijebu-Igbo in Ijebu-North local government area of Ogun State over the weekend. The company stated that the scholarship initiative […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, September 30th, 2024
(AFRICAN EXAMINER) – The Federal Government of Nigeria says it is not discussing debt forgiveness with China, noting that Beijing is willing to lend Nigeria more money and invest more in the economy of Nigeria. The Minister of Foreign Affairs, Yusuf Tuggar, stated this on Channels Television’s Sunday Politics programme. Nigeria has been making proposals […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, September 25th, 2024
(AFRICAN EXAMINER) – Africa’s philanthropist, Tony Elumelu, has reiterated his commitment to promoting financial inclusion, youth empowerment and food security for a sustainable future. Elumelu said this during a high-level meeting held on the sidelines of the ongoing 79th United Nations General Assembly (UNGA79) in New York. He said since 2010, the Tony Elumelu Foundation […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, September 25th, 2024
(AFRICAN EXAMINER) – The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent “to moderate inflation” which stands at 32.15%. This was revealed by the CBN Governor, Olayemi Cardoso after the apex bank’s 297th Monetary Policy Committee meeting held on the […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, September 25th, 2024
(AFRICAN EXAMINER) – The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has again blamed the monetary policies of his predecessor, Godwin Emefiele, for the current economic situation of the country. Cardoso stated this at a press briefing on Tuesday at the end of the 297th meeting of the Monetary Policy Committee (MPC) […]
