Posted by African Examiner
African News, Business News, Latest Headlines
Tuesday, May 10th, 2022
(AFRICAN EXAMINER) – The Investment Officer in charge of Global Partners of the European Investment Bank (EIB), Moussa Nakoulima said the Bank successfully invested over €10 billion in Africa in the 2021 fiscal year. Nakoulima disclosed this while speaking in Abidjan at the capacity-building workshop on addressing land degradation and ecosystem restoration. The EIB which […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, May 5th, 2022
(AFRICAN EXAMINER) – The Naira on Wednesday appreciated at the Investors and Exporters window exchanging at N418 to the dollar, a -0.24 per cent appreciation, stronger than N419.00 it traded on April 29. The open indicative rate closed at N417.00 to the dollar on Wednesday. An exchange rate of N444 to the dollar was the […]
Posted by Eric Ojo
IT & Telecoms, Latest Headlines, News Across Nigeria
Thursday, May 5th, 2022
(AFRICAN EXAMINER) – Media Rights Agenda (MRA) has urged the Federal Government to urgently stop the spate of disruption of access to the Internet and other digital technologies in Nigeria. MRA said the government should henceforth prevent security agencies and regulatory bodies from intentionally interfering in different ways with the rights of individuals to seek, […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Thursday, May 5th, 2022
(AFRICAN EXAMINER) – African Development Bank has commenced stakeholder consultations on its Integrated Safeguards System to adequately address emerging environmental and social issues in Africa. As part of its commitment to continuously improve environmental and social management and governance, the AfDB has prepared a draft of its updated Integrated Safeguards System, which is being consulted […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, May 3rd, 2022
(AFRICAN EXAMINER) – Access Bank Plc has announced the promotion of 800 employees following a transparent and robust performance management review in line with global best practices. The Group Head, Communications and External Affairs of the bank, Mr Amaechi Okobi, made the announcement in a statement on Monday in Lagos. The statement said that the […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Friday, April 29th, 2022
(AFRICAN EXAMINER) – African Development Bank (AfDB) is poised to empower and equip 50 million youth with employable skills by 2025 through its Jobs for Youth in Africa Initiative. The Bank said the initiative also seeks to create 25 million jobs in agriculture, information, communication and technology fields, and other key industries across the continent. […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Friday, April 29th, 2022
(AFRICAN EXAMINER) – A new round of funding grant amounting to $15 million is underway for the growth and development of women-owned small businesses in Africa. This is coming under the Africa Digital Financial Inclusion Facility (ADFI). The grant which is the fourth round of financing of $54.8 million will benefit almost 69,000 women entrepreneurs […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, April 28th, 2022
(AFRICAN EXAMINER) – The Naira exchanged at 419.33 to the dollar at the Investors and Exporters window on Wednesday, a 0.20 per cent depreciation, compared to 418.50 to the dollar on Tuesday. The open indicative rate closed at 418.38 to the dollar on Wednesday. An exchange rate of 444 to the dollar was the highest […]
Posted by African Examiner
Business News, Latest Headlines
Monday, April 25th, 2022
(AFRICAN EXAMINER) – The Naira exchanged at 417.30 to the dollar at the Investors and Exporters window on Monday, representing a -0.25 per cent appreciation, compared to N418.33 to the dollar recorded on Friday. The open indicative rate closed at 417.92 naira to the dollar on Monday. An exchange rate of 444 naira to the […]
Posted by African Examiner
Latest Headlines, Money & Capital Market, News Across Nigeria
Monday, April 11th, 2022
(AFRICAN EXAMINER) – The exchange rate of the naira at the Investors and Exporters window closed at 417 to 1 dollar on Monday, representing a 0.08 per cent depreciation compared to N416.17 recorded on Friday. The open indicative rate also closed at N416.15 to the dollar on Monday. An exchange rate of N444 to the […]
Posted by African Examiner
Business News, Latest Headlines
Sunday, April 10th, 2022
(AFRICAN EXAMINER) – Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy. Scheduled for Tuesday, 12 April 2022 in Jos, Plateau State capital, the session would […]
Posted by African Examiner
Energy, Latest Headlines, News Across Nigeria
Saturday, April 9th, 2022
(AFRICAN EXAMINER) – Electricity distribution companies has announced another breakdown, making it the fifth time this year in the country . The Kaduna Electricity Distribution Company said, “Dear Esteemed Customers, the management of Kaduna electric regrets to inform you that the current outage being experienced in our franchise states is due to a collapse of […]
Posted by Eric Ojo
African News, Business News
Saturday, April 9th, 2022
(AFRICAN EXAMINER) – African Development Fund (ADF) has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert to Power initiative in the Eastern Sahel region countries of Djibouti, Eritrea, Ethiopia and Sudan. Known as the East Africa Regional Energy Project, it will be financed through the ADF-15 Regional Public […]
Posted by African Examiner
Business News, Latest Headlines
Friday, April 8th, 2022
(AFRICAN EXAMINER) – United Bank for Africa Plc (UBA) on Thursday assured shareholders and investors of its unwavering commitment to sustain its current growth trajectory. The Group Chairman, Tony Elumelu, gave the assurance at the 60th Annual General Meeting of UBA at the Transcorp Hilton Hotel, Abuja, monitored virtually in Lagos. He said that its […]
Posted by African Examiner
Business News, Latest Headlines
Friday, April 8th, 2022
(AFRICAN EXAMINER) – The exchange rate at the Investors and Exporters window closed at N416.67/$1 on Thursday, representing a 0.04% depreciation compared to N416. 50/$1 recorded on Wednesday. The open indicative rate also closed at N415.81/$1 on Thursday,. An exchange rate of N444/$1 was the highest rate recorded within the day trading before it settled […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, April 6th, 2022
(AFRICAN EXAMINER) – International Monetary Fund (IMF) has cautioned against the risks involved in the use of Crypto assets, saying that they can be misused for money laundering, terrorist financing, and other illegal activities. Crypto assets are privately issued digital tokens that use cryptographic techniques. Bitcoin is perhaps the most famous example. IMF Deputy Managing […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, April 5th, 2022
(AFRICAN EXAMINER) – One of the investors in the popular crashed Ponzi scheme, Chinmark Group, who is identified simply as Nuella is dead days after she allegedly attempted suicide. It could be recalled that almost 4,500 aggrieved investors have berated the Chief Executive Officer and Chairman of Chinmark Group, Marksman Ijiomah, concerning unpaid funds invested […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, April 5th, 2022
(AFRICAN EXAMINER) – The Central Bank of Nigeria(CBN) through its Financial Services Regulation Coordinating Committee (FSRCC) has advised Nigerians to stop dealing with unlicensed or illegal financial operators in the country. The CBN through FSRCC, gave the advice in a statement posted on its website on Monday. It said that the illegal financial operators lure […]
Posted by Eric Ojo
Business News, Latest Headlines
Monday, April 4th, 2022
(AFRICAN EXAMNER) – African Development Fund, the concessional window of the African Development Bank Group, has approved $21.6 million in grants for the third phase of the National Road Network Rehabilitation Programme in the Union of Comoros. The grants comprise $14.1 million from the African Development Fund and $7.5 million from the Transition Support Facility, […]
Posted by Eric Ojo
Business News, Latest Headlines
Saturday, April 2nd, 2022
(AFRICAN EXAMINER) – Access Bank, a Nigerian multinational commercial bank has reaffirmed its commitment to support women and contribute to the growth of the women-led businesses in Nigeria. The need to increase the opportunities for women-led businesses to access new markets, increase profit and expand their businesses has remained an important focus for Access Bank […]
