Posted by Eric Ojo
African News, Business News, Latest Headlines, News Around Africa
Wednesday, February 1st, 2023
(AFRICAN EXAMINER) – The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank (AfDB) Group, said it is providing $1 million to support private investment in sustainable transport in seven African countries. SEFA is a multi-donor Special Fund that provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency. […]
Posted by Eric Ojo
African News, Business News
Tuesday, January 31st, 2023
(AFRICAN EXAMINER)- ECOWAS Bank for Investment and Development (EBID), has secured a dual-currency Trade Finance Line of Credit comprising $50 million and €50 million from the African Development Bank (AfDB) Group. The Transaction Line of Credit as approved by the AfDB’s Board of Directors, is aimed at enhancing food security and boost agricultural value chains […]
Posted by Oludare Fase
Business News, Latest Headlines, News Across Nigeria
Monday, January 30th, 2023
(AFRICAN EXAMINER) – Management of Vanguard Newspapers over the weekend bestowed the honour of “Personality of the Year” on the President of Dangote Group, Aliko Dangote. The Newspaper rolled out red carpet in celebration of men and women who have distinguished themselves as achievers of excellence in their various fields of endeavors. Governors, Ministers, Heads […]
Posted by Eric Ojo
Business News, Featured, Latest Headlines
Sunday, January 29th, 2023
(AFRICAN EXAMINER) – African Development Bank (AfDB) Group and the International Fund for Agricultural Development (IFAD), have sealed a new deal to ramp up agricultural investments in African countries. Dubbed, “Mission 1 for 200”, the new initiative aims to increase funding to the agriculture and food sectors in the continent. The initiative, which was jointly launched […]
Posted by Nwa Diokpa
Business News, Featured, Latest Headlines
Sunday, January 29th, 2023
(AFRICAN EXAMINER) – Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has stated that N1.7 trillion worth of naira notes have found their way back to the CBN’s vaults so far and N500 billion more to go. The African Examiner had earlier reported that the apex bank on Sunday extended the deadline […]
Posted by Ignatius Okpara
Business News, Latest Headlines, News From The State
Friday, January 27th, 2023
(AFRICAN EXAMINER) – An Enugu based law firm, A.O. Omotayo and Associates has petitioned the Rivers State Police Command over unlawful, illegal invasion and locking up of the Port Harcourt branch of MAYFRESH Mortgage bank limited by its landlord Chief C.U Nwadike. The petition signed by the lead Counsel of the law firm, Olu Omotayo, […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, January 27th, 2023
(AFRICAN EXAMINER) – African Development Bank (AfDB) Group has announced its plans to invest $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. The Bank Group President, Dr Akinwumi Adesina, disclosed this on Wednesday at the […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, January 25th, 2023
(AFRICAN EXAMINER) – President of African Development Bank (AfDB), Dr. Akinwumi Adesina has harped on the need for African leaders to take concrete steps and intensify efforts geared toward the transformation of cities across the continent. Dr. Adesina gave the charge while speaking at the inaugural forum of the ongoing African Mayoral Leadership Initiative (AMALI), […]
Posted by Nwa Diokpa
Business News, Featured, Latest Headlines
Tuesday, January 24th, 2023
(AFRICAN EXAMINER) – Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has stated that the apex bank will not postpone the deadline to stop the use of the old 200, 500 and 1000 Naira notes. Emefiele stated this in the CBN/Monetary Policy Committee (MPC) briefing in Abuja, on Tuesday, January 24, 2023. The […]
Posted by Samson Kankan
Business News, Featured, Latest Headlines
Tuesday, January 24th, 2023
(AFRICAN EXAMINER) – The Federal Inland Revenue Service (FIRS) generated a record N10.1 trillion revenue in 2022, the agency said. This is the highest tax collection ever recorded in its history. The Service disclosed this in an “FIRS 2022 Performance Update,” report signed by its Executive Chairman, Mr. Muhammad Nami, and released to the public […]
Posted by Ignatius Okpara
Business News, Enugu, Ignatius Okpara, Latest Headlines
Friday, January 20th, 2023
(AFRICAN EXAMINER) – The management of Enugu Chamber of Commerce Industry Mines and Agriculture ECCIMA, has hinted that not less than eight nations across the globe have indicated interest to attend the 34th edition of the Enugu International Trade Fair. According to the organization, the fair will commence on Friday 24th March and run through […]
Posted by Rotimi Fadeyi
Business News, Latest Headlines
Friday, January 20th, 2023
(AFRICAN EXAMINER) – The Nigeria Mining Cadastre Office has declared that it generated N14.59 billion over the last five years. Its Director-General, Obadiah Nkom disclosed this on Thursday when he featured at the 63rd session of the State House Ministerial briefing organised by the Presidential Communications Team at the Presidential Villa He told State House […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, January 18th, 2023
(AFRICAN EXAMINER) – The naira on Wednesday exchanged at 461.25 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.05 per cent compared with the 461.50 it exchanged on Tuesday. The open indicative rate closed at N461 to the dollar on Wednesday. An exchange rate of N462 to the […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, January 12th, 2023
(AFRICAN EXAMINER) – For failing to submit its annual accounts, authorities in the United Kingdom, have struck off Next International (UK) Limited, a company largely owned by the presidential candidate of the Labour Party, Peter Obi. An online platform, Premium Times, reported that the company was removed from the record in September 2021, following a […]
Posted by Samson Kankan
Business News, Latest Headlines, World News
Wednesday, January 11th, 2023
(AFRICAN EXAMINER) – Global economic growth was projected to slow to 1.7 per cent in 2023, 1.3 percentage points below the forecast made in June last year. Marking its third-weakest pace in nearly three decades, the World Bank Group said in its latest Global Economic Prospects release. Given such adverse shocks as high inflation, rising […]
Posted by Nwa Diokpa
Business News, Latest Headlines
Tuesday, January 10th, 2023
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) will monitor commercial banks to ensure that they comply with the directive of loading the redesigned Naira notes in their Automated Teller Machines (ATMs). CBN Director, Currency Operations, Mr Ahmed Umar, made this known in Abuja on Monday at the Training Session for State Directors, National […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, January 9th, 2023
(AFRICAN EXAMINER) – The Central Bank of Nigeria’s policy on restriction on daily cash withdrawal takes off across the country today, Monday, January 9. African Examiner reports that in this arrangement, the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations is N500,000 and N5 million, respectively. Individuals or organisations […]
Posted by African Examiner
Business News, Latest Headlines, Technology
Sunday, January 8th, 2023
(AFRICAN EXAMINER) – AT3 Resources, a communication and events consulting firm is set to inaugurate a digital marketing bootcamp for Small and Medium Scale Enterprises (SMEs) to mark its fifth year anniversary. The Chief Executive Officer of the firm, Tosin Adefeko,made this known in a statement on Saturday in Lagos. She said the digital marketing […]
Posted by African Examiner
Business News, Latest Headlines
Sunday, January 8th, 2023
(AFRICAN EXAMINER) – The equity market on Friday maintained a bullish trend, gaining N193 billion or 0.7 per cent to close at N27.899 trillion as against N27.706 trillion on Thursday. Also, the All-Share Index was up by 353.82 points or 0.7 per cent to close at 51,222.34 compared to 50, 868.52 on Thursday. The market’s […]
Posted by Nwa Diokpa
Business News, Latest Headlines
Thursday, January 5th, 2023
(AFRICAN EXAMINER) – The Nigerian National Petroleum Company (NNPC) Limited has refuted claims that it exported 17.877 million barrels of crude oil without proper documentation from 2016 to 2020. African Examiner recalls that a report quoted the former auditor-general of the federation (AuGF), had accused some exporters of shipping crude oil without trying to meet […]
