Posted by African Examiner
Business News, Featured, Latest Headlines, News From The State
Tuesday, August 5th, 2025
(AFRICAN EXAMINER) – Nigerian billionaire, Femi Otedola, has opened up about his experience in the business world revealing that banks became hostile to him after his fortune decreased in 2009. It is worth recalling that Otedola came into the Nigerian mega business scene with Zenon Petroleum, which increased from selling diesel in drums to acquiring […]
Posted by African Examiner
Business News, Latest Headlines, World News
Monday, July 28th, 2025
(AFRICAN EXAMINER) – Oil prices rose on Monday after the U.S. reached a trade deal with the European Union (EU) and may extend a tariff pause with China, reducing concerns that potentially higher levies would limit economic activity and impact fuel demand. Brent crude futures inched up 22 cents, or 0.32 per cent to 68.66 […]
Posted by African Examiner
Business News, Latest Headlines
Saturday, July 26th, 2025
(AFRICAN EXAMINER) – Investors on the floor of the Nigerian Exchange (NGX) traded a total of 3.691 billion shares, valued at N112.261 billion, in 138,250 deals this week. This performance shows a significant drop compared to the previous week’s trading of 17.498 billion shares worth N500.762 billion across 142,082 transactions on the Exchange. The decline […]
Posted by African Examiner
Business News, Featured, Latest Headlines, Technology
Thursday, July 24th, 2025
(AFRICAN EXAMINER) – Google on Thursday announced a $37 million cumulative funding including previously committed but unannounced funding for Artificial Intelligence (AI) support, research, talent development and infrastructure across Africa. Mr James Manyika, Senior Vice-President for Research, Labs, and Technology and Society, Google, said in a statement that Africa was home to some of the […]
Posted by African Examiner
African News, Business News, Latest Headlines
Thursday, July 24th, 2025
(AFRICAN EXAMINER) – The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says West African countries will sign harmonised refinery regulatory agreements in the fourth quarter of 2025, to realise its refinery hub goals. Prof. Zainab Gobir, Executive Director in charge of Economic Regulations and Strategic Planning, NMDPRA, said this on Wednesday in Abuja, while […]
Posted by African Examiner
Business News, Latest Headlines
Saturday, July 19th, 2025
(AFRICAN EXAMINER) – The Naira closed the trading week bullish on Friday, trading at N1,532.34 to the U.S. dollar at the official market. According to data released on the Central Bank of Nigeria’s official website, Naira gained 77 kobo against the dollar. This represents a 0.05 per cent gain when compared to the trading figure […]
Posted by Nwa Diokpa
Business News, Latest Headlines
Wednesday, July 16th, 2025
(AFRICAN EXAMINER) – Aliko Dangote, president of Dangote Industries Limited (DIL), has stated that Africa is now a dumping ground for substandard petroleum products because of overreliance on imports. Dangote stated this when he spoke in a recent interview with journalists. According to him, his decision to build the Dangote refinery was because he has […]
Posted by Ignatius Okpara
Business News, Featured, Latest Headlines
Tuesday, July 8th, 2025
(AFRICAN EXAMINER) – Nigeria’s Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, a Senior Advocate of Nigeria SAN, on Monday, inaugurated Enugu Air, a state-owned commercial airline established by the Governor Peter Mbah led Administration with three Embraer airplanes for a start. Inaugurating the aircrafts Tuesday at the international wing of the Akanu Ibiam […]
Posted by Rotimi Fadeyi
Business News, Featured, Latest Headlines
Saturday, July 5th, 2025
(AFRICAN EXAMINER) – Nigeria’s premier gas distribution company, Shell Nigeria Gas (SNG) has identified development of infrastructure and regulatory and fiscal stability as key drivers for the development of Nigeria’s gas resources. “Major investments are required to develop large scale infrastructure along the gas value chain (pipelines, gas processing plants, gas distribution networks) as well […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, July 2nd, 2025
(AFRICAN EXAMINER) – Access Bank Plc has reaffirmed its leadership in sustainable finance by participating in the launch of the Climate Governance Initiative Nigeria (CGIN) Chapter at Lagos Business School. This is contained in a statement issued by the bank on Tuesday. The CGIN launch, hosted by Lagos Business School, is part of the World […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, July 1st, 2025
(AFRICAN EXAMINER) –The Corporate Affairs Commission (CAC) has announced the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal. The Registrar-General of the CAC, Malam Hussaini Magaji, in a statement, made the announcement during the 2025 Stakeholders Forum held in Port Harcourt. Magaji described the initiative as a major milestone in Nigeria’s business facilitation […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, June 25th, 2025
(AFRICAN EXAMINER) – MultiChoice Nigeria has reduced the price of its DStv decoder by 50 per cent, dropping it from ₦20,000 to ₦10,000. The company stated that this move is targeted to attract more customers and reduce declining subscriptions. According to the firm’s Chief Executive Officer, John Ugbe, in a statement issued on Tuesday, the […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, June 24th, 2025
(AFRICAN EXAMINER) – The Nigerian Ports Authority (NPA), has projected N1.279 trillion revenue for the 2025 fiscal year which is 40 per cent higher than N865 billion projected for 2024 and even surpassed. Managing Director of NPA, Dr Abubakar Dantsoho made this known during the authority’s 2025 budget defence before the Senate Committees on Marine […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, June 23rd, 2025
(AFRICAN EXAMINER) – Shareholders of Dangote Cement on Monday were full of praise for the Board, Management, and staff of the company after approving a dividend payout of N502.6 billion, which translates to N30 kobo per share at the 2024 Annual General Meeting, held in Lagos on Monday. In the same vein, the company also […]
Posted by Rotimi Fadeyi
Business News, Featured, Latest Headlines
Saturday, June 21st, 2025
(AFRICAN EXAMINER) – The latest batch of undergraduates from Nigerian universities have commenced their Student Industrial Work Experience Scheme (SIWES) with Shell Nigeria Exploration and Production Company Limited (SNEPCo) using the opportunity to acquire practical knowledge and skills in the oil and gas industry. This was contained in a press release issued by Shell Communications […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, June 20th, 2025
(AFRICAN EXAMINER) – In furtherance of its National Food Intervention programme, the Aliko Dangote Foundation has commenced the distribution of 40,000 bags of rice in all the 20 local government areas in Ogun State government, with priority to People Living with disabilities and other vulnerable in the State .Speaking during the flag-off of the distribution […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, June 20th, 2025
(AFRICAN EXAMINER) – Zenith Bank Plc, Nigeria’s biggest bank by Tier-1 Capital, has assured shareholders and investors of its readiness to satisfy all relevant conditions to exit the Central Bank of Nigeria’s (CBN) regulatory forbearance by June 30, 2025. The bank also expressed confidence in meeting shareholders’ dividend expectations in the 2025 financial year. The […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, June 18th, 2025
(AFRICAN EXAMINER) – Oil marketers under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have cried out to the Federal Government and industry regulators including the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to curb the expansion moves by the Dangote Refinery to distribute petrol and diesel freely to […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, June 17th, 2025
(AFRICAN EXAMINER) – The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concern over the Central Bank of Nigeria’s (CBN’s) recent circular temporarily suspending dividend payments by banks. Mr Sam Onukwue, Chairman of ASHON in a statement on Tuesday, said that the directive, issued June 13, was said to ensure compliance with regulatory […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Sunday, June 15th, 2025
(AFRICAN EXAMINER) – US President Donald Trump pocketed more than $57 million from token sales by the crypto venture he and his sons helped launch last year, according to federal financial disclosure forms released by the White House. The more than 230-page document issued by the Office of Government Ethics, dated Friday, lists the US […]
