(AFRICAN EXAMINER) – The Minister for State Petroleum, Timipre Sylva, says that the Nigerian National Petroleum Company Ltd will establish a world-class structure that will enable it to become a game changer and make it take decisions quickly. African Examiner recalls that President Muhammadu Buhari had on Tuesday unveiled a new independent national company with […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) Group has approved a $1.4 million technical assistance grant to Export Trading Group (ETG) for the funding of women-owned businesses in three countries in Sub-Saharan Africa. ETG is one of the largest and fastest-growing integrated agricultural supply chain managers and processors in Sub-Saharan Africa. The project will enable […]
(AFRICAN EXAMINER) – Access Bank Plc, a Nigerian multinational commercial bank has reaffirmed its commitment to ensure that the Nigerian child is given a better future. Group Managing Director of Access Corporation, Herbert Wigwe gave the assurance while speaking shortly after the Bank raised $1.7 million at its Charity Polo Tournament held at The Guards […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) Acting Vice President for Regional Development, Integration, and Business Delivery, Yacine Fal has said the Bank’s efforts towards boosting regional connectively is aimed at putting Africa on the path to economic recovery. Fal noted that the position of the AfDB on strengthening connectivity across the continent is premised […]
(AFRICAN EXAMINER) – President Muhammadu Buhari has congratulated Abdul Samad Rabiu, Chairman of BUA Group, on his reappointment as President of the France-Nigeria Business Council by French the President, Emmanuel Macron. According to a statement issued and issued by Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, Buhari commended Rabiu […]
(AFRICAN EXAMINER) – The Naira on Wednesday lost to the green back at the Investors and Exporters window, exchanging at 424.88 to the dollar against 421.00 traded on Tuesday, a 0.80 per cent depreciation. The open indicative rate closed at N421.80 to the dollar on Wednesday. An exchange rate of N444.00 to the dollar was […]
(AFRICAN EXAMINER) – Dangote Industries Limited (DIL) at the weekend opened an application list to raise up to N300 billion in medium-term debt funding from the Nigerian capital market. The money is to finance the Dangote Petroleum Refinery being built in Lagos and due for completion in the first quarter of next year. The firm, […]
(AFRICAN EXAMINER) – Namibia and Germany signed a Financial Cooperation Agreement that would see the latter providing about 170 million U.S. dollars in a loan on favorable terms to support economic development in Namibia. This is disclosed in a joint statement by the two governments on Friday. According to the statement, the loans will be […]
(AFRICAN EXAMINER) – The Naira on Friday appreciated at the Investors and Exporters window, exchanging at N420.12 to the dollar, a 0.01 appreciation against N420.17 traded on Thursday. The open indicative rate closed at N419.79 to the dollar on Friday. An exchange rate of N444.00 to the dollar was the highest rate recorded within the […]
(AFRICAN EXAMINER) – The year’s edition of Commonwealth Business Forum (CBF) which is part of the 26th Commonwealth Heads of Government Meeting (CHOGM), kicks off today in Kigali, Rwanda. The 2022 CBF will be the first and largest in-person gathering for Governments and Business across the Commonwealth since the start of the COVID-19 pandemic. This […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) and the Caribbean Development Bank (CDB) have signed a Memorandum of Understanding (MoU) to further strengthened their collaboration. The MoU formalizes the platform for the two multilateral development institutions to join forces to promote trade between Africa and the Caribbean. The new strategic partnership agreement will also enable […]
(AFRICAN EXAMINER) – The Naira on Wednesday appreciated at the Investors and Exporters window, exchanging at 420 to the dollar, a 0.18 per cent appreciation against N420.75 on Tuesday. The open indicative rate closed at N419.46 to the dollar on Wednesday. An exchange rate of N444.00 to the dollar was the highest rate recorded within […]
(AFRICAN EXAMINER) – The Africa Fertilizer Financing Mechanism (AFFM), a subsidiary of the African Development Bank (AfDB), has approved a $2 million partial trade credit guarantee to support fertilizer delivery to 200,000 Ghanaian smallholder farmers. The facility which is extended to ETG Inputs Ghana Limited to support delivery of fertilizer to 200,000 smallholder farmers in […]
(AFRICAN EXAMINER) – Paris Saint-Germain (PSG), a topflight French football club based in Paris has unveiled its partnership with SoKlin, a leading premium detergent in West Africa. The exclusive 3-year regional partnership which will extend to 2025, covers the West African countries of Nigeria, Ghana, Senegal, Ivory Coast, and Mali. SoKlin, a flagship Laundry Care […]
(AFRICAN EXAMINER) – The Naira depreciated against the dollar at the Investors and Exporters window on Friday as it exchanged at N419.75 to the dollar, a 0.06 per cent depreciation, compared to N419.50 to the dollar on Thursday. The open indicative rate closed at N419.70 to the dollar. An exchange rate of N444.00 to the […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria has ordered banks and Payment Service Providers to accept indemnity from customers for highly secured online funds transfers. It stated this in a circular signed by the Director, Payments System Management Department, Musa Jimoh, with the reference number: PSM/DIR/PUB/CIR/01/006, titled ‘Circular on the review of operations of […]
(AFRICAN EXAMINER) – The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West Africa, Southern Africa and inter-continental markets. The President/CE of Dangote Group, Aliko Dangote made this disclosure on Tuesday at the Nigerian Content Midstream – Downstream Oil […]
(AFRICAN EXAMINER) – Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by members […]
(AFRICAN EXAMINER) – After appreciating for two days, the Naira on Thursday dipped against the green back by 0. 21 per cent at the Investors and Exporters window. The local currency exchanged at 418.88 to the dollar, compared to 418 traded on Wednesday. The open indicative rate closed at N419 to the dollar on Thursday. […]
(AFRICAN EXAMINER) – Canon Central and North Africa (CCNA), the leading provider of imaging technologies and services has reaffirmed its commitment to drive innovation in the digital printing technology industry. CCNA, a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe said it is participating at this year’s edition of the […]
