(AFRICAN EXAMINER) – President Bola Tinubu administration on Monday said it inherited a bad economy with an unacceptable high rate of employment The administration, however, assured Nigerians that it would not rely on borrowing to raise funds to fix the country while pledging to be transparent, honest and accountable to the people. Briefing State House […]
(AFRICAN EXAMINER) – Nigeria’s unemployment rate dropped to 4.1% in the first quarter of 2023 from 5.3% in the fourth of 2022, the National Bureau of Statistics (NBS) has said. This was contained in a report titled, ‘Nigeria Labour Force Statistics Report Q4 2022 & Q1 2023’ which was released on Thursday by the NBS. […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) on Friday unveiled a series of fresh operational guidelines for forex sales by Bureau de Change (BDC) operators in the country. This is coming more than two years after the suspended CBN governor, Godwin Emefiele, announced the suspension of foreign exchange sales to BDC operators in […]
(AFRICAN EXAMINER) – President Bola Tinubu on Wednesday in Abuja assured investors that his ongoing repositioning of the economy would receive a boost as he conducts an intensified removal of all bottlenecks in the way of efficient business startup and administration in Nigeria, with a particular emphasis on efficiency in service, tax reviews, and improved […]
(AFRICAN EXAMINER) – Amid shortage of foreign exchange, Nigeria’s inflation rate rose to 24.08% in July 2023, the highest in years. The July 2023 rate showed an increase of 1.29% points when compared to the previous month’s which was 22.79%, the National Bureau of Statistics (NBS) said in its Consumer Price Index (CPI) report released […]
(AFRICAN EXAMINER) – Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi on Monday said that the apex bank would soon take measures to halt the fall of the naira The naira is presently exchanged for over N900 to a dollar at the parallel market Briefing State House Correspondents on Monday after meeting […]
(AFRICAN EXAMINER) – A prominent attorney and a former police officer and United States Marine Corps veteran, Zulu Ali has released a book on the economic exploitation of African Americans by justice system. The new is published from his lecture entitled, “Negroes for Sale: The Business of American Criminal Justice”. The lecture, now available in […]
(AFRICAN EXAMINER) – Founder and Chief Executive Officer (CEO) of IngenuiTea, a line of organic tea products, Michelle Watson has said that the next best thing you can put in your body after water is tea. Watson, an accomplished African American woman entrepreneur, launched IngenuiTea in January this year and the brand has recorded resounding […]
(AFRICAN EXAMINER) – The African Development Bank (AfDB) is joining forces with the United Nations Environment Programme (UNEP) to advance implementation of the Kunming-Montreal Global Biodiversity Framework (KMGBF) in Africa. The framework sets out an ambitious pathway to reach the global vision of a world living in harmony with nature by 2050. The AfDB and […]
(AFRICAN EXAMINER) – An accomplished African American cosmetologist. Mariah Lovemore has made history as the first Black woman to formulate an all-natural, organic hair growth for men and women with natural hairstyles. Lovemore, who hails from Cincinnati, Ohio, was just 27 years old when she began researching how to develop a hair growth formula. It […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) Group has urged countries in the northern part of Africa to make green growth an urgent regional priority. The AfDB also harped on the need for the North African governments, foreign and domestic private investors, multilateral development banks and development finance institutions, as well as the private sector, […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5 percent to 18.75%. Acting CBN Governor, Folashodun Shonubi, announced this on Tuesday after the bank’s Monetary Policy Committee (MPC) meeting in Abuja. This is the first decision of the monetary committee since President […]
(AFRICAN EXAMINER) – Twitter launched its new logo on Monday, replacing the blue bird with a white X on a black background as the Elon Musk-owned company moves toward rebranding as X. The social media network’s website showed the company’s new logo, but its URL was still showing as twitter.com and the blue “Tweet” button […]
(AFRICAN EXAMINER) – As preparations for 23rd Annual PowerNetworking Conference (PNC), gather momentum, more than 1000 African American entrepreneurs and professionals are gearing up to attend the event. PNC is widely recognized as America’s largest continuously held conference in the world for Black executives, business professionals, and entrepreneurs. The conference, according to a statement by […]
(AFRICAN EXAMINER) – Founder and Chief Executive Officer (CEO) of B’s Essentials Vending, Brittni Clemons has launched a new nationwide franchise. The vending machine company which supplies interactive, AI-powered touchscreen kiosks, started selling just beauty products initially but now it has now expanded to auto care products, baby products, and school supplies, offering franchise partners […]
(AFRICAN EXAMINER) – The European Investment Bank (EIB) has approved a new €20 million loan to boost food production by empowering farmers and fishers in Madagascar. EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance. Since 1970, the EIB has made long-term investments of €904 […]
….Bello Koko Projects over 500bn (Half a trillion) Revenue by Year End 2023, Going by the Current Momentum and the Recurrent Trend of Shipping Volumes Peaking from July to December. (AFRICAN EXAMINER) – The Nigerian Ports Authority (NPA) has generated a total revenue of N191, 430,093,501.00 (One hundred and ninety-one billion, four hundred and thirty […]
(AFRICAN EXAMINER) – Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41% recorded in May 2023. This is according to the latest CPI report released by the National Bureau of Statistic (NBS) on Monday. The CPI measures the rate of change in prices of goods and services. “In June 2023, the […]
(AFRICAN EXAMINER) – The European Investment Bank (EIB) has approved $40 million to accelerate climate infrastructure investment across Africa. This is aimed at supporting the Acre Impact Capital’s Export Finance Fund, which invests in climate-aligned essential infrastructure by partnering with leading commercial lenders and export credit agencies. It will address the estimated $100 billion annual […]
(AFRICAN EXAMINER) – Madam Oyenike Abioye Biobaku, the founder and Chief Executive Officer (CEO) of Hat Arena, a fast-rising outfit, currently operating from the United Kingdom (UK), with offices and representatives in South Africa and Nigeria, speaks extensively in this exclusive interview with African Examiner, on her company’s exploits in the fashion industry. She also […]
