Posted by African Examiner
Business News, Latest Headlines
Saturday, March 18th, 2023
The Economic Commission for Africa (ECA), says African countries have made commendable progress in implementing the regional integration agenda and promoting intra-regional trade. Mr Stephen Karingi, ECA’s Director, Regional Integration and Trade Division, in a statement, however, said more work was needed to accelerate the African Continental Free Trade Agreement (AfCFTA). Karingi said efforts should also be […]
Posted by Rotimi Fadeyi
Business News, Latest Headlines
Thursday, March 16th, 2023
(AFRICAN EXAMINER) – President Muhammadu Buhari on Thursday declared that for any economy to grow and create jobs, an equally vibrant, successful small and medium enterprise sector was also of vital importance. According to him, it was for this reason that he recently signed the Business Facilitation Bill into law. A statement signed by Special […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, March 16th, 2023
(AFRICAN EXAMINER) – The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Wednesday announced the resumption of oil exports from the Bonny Crude Oil Export Terminal. The News Agency of Nigeria (NAN) reports that the resumption from the facility follows the lifting of ‘Force Majeure’ on oil exports due to a blast on a […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, March 15th, 2023
(AFRICAN EXAMINER) – The Presidential Enabling Business Environment Council (PEBEC) has urged the National Identity Management Commission (NIMC) to address charges introduced for National Identification Number (NIN) integration and verification. Dr Jumoke Oduwole, PEBEC Secretary/Special Adviser to the President, Ease of Doing Business, in a statement, said this would enable passport applicants get faster and […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, March 13th, 2023
(AFRICAN EXAMINER) – Some Lagos residents say they regret collecting the old N500 and N1,000 notes from commercial banks after the Supreme Court judgment validated them as legal tender till Dec. 31. They told the News Agency of Nigeria (NAN) in separate interviews that it had been challenging spending the old notes as Nigerians were […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, March 10th, 2023
The Naira on Friday lost to the dollar as it exchanged at N461.50 at the Investors’ and Exporters’ window. The rate represented a decrease of 0.11 per cent, compared to the N461 for which it exchanged to the dollar on Thursday. The open indicative rate closed at N461.50 to the dollar on Friday. An exchange […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, March 10th, 2023
(AFRICAN EXAMINER) – The Naira gained further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters window. The rate represented an increase of 0.05 per cent, compared to the N461.25 for which it exchanged to the dollar on Wednesday. The open indicative rate closed at N461.25 to the dollar […]
Posted by African Examiner
Business News, Featured, Latest Headlines, News Across Nigeria
Thursday, March 9th, 2023
(AFRKCAN EXAMINER) – Gov. Rotimi Akeredolu of Ondo State on Thursday decried the rejection of old naira notes by traders and business owners in the state. Akeredolu in a statewide broadcast in Akure, said the rejection of the old naira notes was a flagrant disobedience of the law. The governor explained that rejecting the old […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, March 9th, 2023
(AFRICAN EXAMINER) – The Corporate Affairs Commission (CAC), has expressed concern over the number of associations applying to register as medical laboratory science operators. The Registrar-General of CAC, Alhaji Garba Abubakar, in a statement said this when he received the Registrar/Chief Executive Officer (CEO) Medical Laboratory Science Council of Nigeria (MLSCN), Dr Tosan Erhabor in […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, March 6th, 2023
(AFRICAN EXAMINER) – Nigeria’s total public debt portfolio now stands at about N48.93 trillion, with the government borrowing about N3.73 trillion over the past five months. Data obtained yesterday showed that the government raised about N1.599 trillion in the fourth quarter of 2022. A breakdown indicated that Nigeria’s domestic debts have risen to about N30.643 […]
Posted by Eric Ojo
Business News, Latest Headlines
Wednesday, February 22nd, 2023
(AFRICAN EXAMINER) – European Investment Bank (EIB), a long-term lending institution of the European Union (EU), owned by its Member States, has reaffirmed it commitment to accelerating renewable energy across Africa. EIB makes long-term finance available for sound investment in order to contribute towards EU policy goals. Its specialized arm known as EIB Global, is […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Saturday, February 18th, 2023
(AFRICAN EXAMINER) – African Development Bank (AfDB) Group has reiterated the importance of partnerships in driving sustainable development in Africa. AfDB Vice President of Infrastructure, Private Sector and Industrialization, Solomon Quaynor made the observation while speaking at the signing ceremony of a joint partnership action plan by the AfDB Group and the Islamic Development Bank (IsDB), […]
Posted by Eric Ojo
Africa, African News, Business News, Latest Headlines
Thursday, February 16th, 2023
(AFRICAN EXAMINER) – The African Development Bank (AfDB) Group has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi, Kenya. This marks an important milestone for the Bank’s Coding for Employment programme and its growing partnerships with higher education and technical and vocational education and training […]
Posted by Eric Ojo
Business News, Latest Headlines
Wednesday, February 15th, 2023
(AFRICAN EXAMINER) – The African Development Bank (AfDB) has announced that it will participate in the 21st International Congress of the African Water Association (AfWA) and 7th Fecal Sludge Management (FSM) Conference, holding in Abidjan The conference scheduled for February 19 to 23, will be convened under the theme, “Acting for sustainable management of resources […]
Posted by Eric Ojo
Business News, Latest Headlines
Sunday, February 12th, 2023
(AFRICAN EXAMINER) – The African Development Bank has announced the appointment of Mr. Abdourahmane Diaw as the new Country Manager for its Office in Egypt. Mr. Diaw, whose appointment took effect from 1st November 2022, is a Senegalese national, with more than 28 years of experience in the implementation of development programmes and projects under […]
Posted by Eric Ojo
Africa, African News, Business News
Saturday, February 11th, 2023
(AFRICAN EXAMINER) – Morocco has secured €201,000 grant from the African Development Bank (AfDB) Group to strengthens its technical assistance and boost water resources management. Morocco’s semi-arid climate makes the country vulnerable to climatic hazards, characterized by alternating wet and dry seasons. The country is experiencing recurrent periods of acute drought with increasing water stress […]
Posted by Eric Ojo
Business News, Latest Headlines
Friday, February 10th, 2023
(AFRICAN EXAMINER) – Governor of the Central Bank of Egypt and current Chairman of the Boards of Governors of the African Development Bank (AfDB) Group, Mr. Hassan Abdalla has reaffirmed that the Egyptian resort city of Sharm El Sheikh is prepared to hots the bank’s Annual Meeting in May. This is coming after Sharm El […]
Posted by Samson Kankan
Business News, Featured, Latest Headlines
Friday, February 3rd, 2023
(AFRICAN EXAMINER) – Guaranty Trust Bank (GTB) has taken possession of the assets of Stallion Nigeria Limited in Lagos and its sister firms, following a N13 billion judgment debt in a suit filed at the Federal High Court, Lagos. Possession was taken through the receiver/manager appointed by GTBank, Mr. Temilolu Adamolekun. Officials from his office […]
Posted by Oludare Fase
Business News, Featured, Latest Headlines
Thursday, February 2nd, 2023
Signs agreement with Sinoma (AFRICAN EXAMINER) – Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State. The agreement was signed by the Chairman of Dangote Cement Plc, Aliko Dangote alongside the Group Executive Director, Strategy, Capital Projects & […]
Posted by Eric Ojo
Africa, African News, Business News
Thursday, February 2nd, 2023
(AFRICAN EXAMINER) – In a bid to further strengthen its partnership with African Development Bank (AfDB), the Nordic Development Fund (NDF) has announced a significant increase in its financial support for urban city development in Africa. This is coming at the heels of the rapidly growing cities that bear the brunt of the impact of […]
