The Federal Government stated that it has no control over the rising price of cooking gas. This is even as President Muhammadu Buhari expressed concern over the development, especially as gas prices are determined by global market. He also directed the Minister of State for Petroleum Resources, Timipre Sylva, to proceed to Nembe, Bayelsa State, […]
(AFRICAN EXAMINER) – Nigerian Airspace Management Agency ( NAMA) has announced the death of one of its Air Traffic Controllers (ATCO), Mr Aniekan Effiong, while on duty . Mr Khalid Emele, NAMA spokesman, confirmed the sad news in a statement in Lagos . Emele said that Effiong died on duty at the approach radar control […]
(AFRICAN EXAMINER) – Trading on the Nigerian bourse opened on Monday on a positive note with turnover appreciating by 1,103.94 per cent due to off-market trade in Oando Plc. Specifically, a total of 2.40 billion units valued at N16.47 billion were exchanged by investors in 4,811 deals. This was in contrast with 199.52 million shares […]
(AFRICAN EXAMINER) – The Bayelsa Government has expressed worry over Aiteo Production Company’s failure to plug the leaks at its oil field in Nembe, two weeks after the incident was reported. The government’s reaction is contained in a statement issued on Friday by the Commissioner for Information, Orientation and Strategy, Mr Ayibaina Duba, and made […]
(AFRICAN EXAMINER) – The Works and Housing Minister, Mr. Babatunde Fashola , has revealed that 7,315 applications were received for the purchase of houses under the National Housing Programme, within the first week of launching the online portal. The Director of Press and Public Relations, Mrs Boade Akinola, disclosed this to newsmen in a statement […]
(AFRICAN EXAMINER) – A final-year Software Engineering student of the American University of Nigeria (AUN), Mr. David Edijala, has launched an innovative new payment platform: “Zinger Wallet.” This app was created to address problems with payment methods in Nigeria, especially with cash, bank transfers, and POS machines. “Zinger Wallet” allows businesses to receive payments in […]
(AFRICAN EXAMINER) – Fidelity Bank Plc has posted a profit before tax (PBT) of N28.10 billion for the nine months ended Sept. 30. Fidelity Bank’s Chief Executive Officer, Mrs Nneka Onyeali-Ikpe, said this in the bank’s unaudited financial statement posted on the website of the Nigerian Exchange (NGX) Ltd., on Tuesday in Lagos. Onyeali-Ikpe said […]
(AFRICAN EXAMINER) – American business magazine, Forbes, says 44 newcomers joined its list of 400 America’s richest people in 2021, a post on its verified Instagram page @Forbes, on Sunday, said. According to the magazine, the 400 richest Americans are now 40 per cent richer than they were last year—worth a collective $4.5 trillion. Those […]
(AFRICAN EXAMINER) – The National Oil Spills Detection and Response Agency (NOSDRA) on Sunday said that the Nov. 5 oil spill which occurred at an oil well within Oil Mining Lease (OML) 29 is yet to be abated, 10 days on. African Examiner learnt that NOSDRA officials who were deployed to ascertain the cause and […]
(AFRICAN EXAMINER) – The Integrity Youth Alliance has thrown its weight behind the plan by Nigerian National Petroleum Company (NNPC) Limited to reconstruct 21 federal roads across the six geopolitical zones. The National Coordinator of the group, Kelvin Adegbenga, gave the support in a statement released in Abuja titled: ‘Why South-South Study Group Nescience Should […]
(AFRICAN EXAMINER) – The general public is hereby advised not to engage in panic buying of Premium Motor Spirit, more commonly known as petrol. The NNPC has over 1.7 billion litres of petrol in stock and more product is expected to arrive into the country daily over the coming weeks and months. It is therefore […]
(AFRICAN EXAMINER) – Mr Mohammed Bello-Koko, Acting Managing Director of Nigerian Ports Authority (NPA), has said that the two Lagos seaports located in Lekki and Tin Can Island were operating “far beyond their installed capacities”. “What it simply means is that if they were built to handle 500,000 Twenty Foot Equivalent Units (TEUs), for instance, […]
(AFRICAN EXAMINER) – Global Landscapes Forum (GLF) with the support of the Robert Bosch Foundation is deploying €25,000 grant for local landscape restoration and conservation projects in the Sahel region of West Africa. The project which are located in Bawku (Ghana), Ibadan (Nigeria), Nkambe and Yaoundé (Cameroon), and Ouagadougou (Burkina Faso), are part of GLF’s […]
(AFRICAN EXAMINER) – Angolan private bank, Banco de Fomento Angola (BFA) on Saturday signed a financial agreement with a non-governmental organisation (NGO) worth 30 million Kwanzas ($50,000) to combat malaria. Anya Fedorova, Population Services International Angola representative, who spoke to the press said her organisation’s co-funding agreement with BFA was aimed at helping in fighting […]
(AFRICAN EXAMINER) – The Fiscal Responsibility Commission (FRC) says it has notified about 14 banks and financial institutions allegedly granting loans without due process to state governments. Executive Chairman of the FRC, Mr Victor Muruako, made the disclosure at a Transparency and Accountability Sensitisation Workshop for the South West in Lagos on Monday. African Examiner […]
…As UBA Receives the ‘Excellence in Digital Banking’ Award (AFRICAN EXAMINER) – The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, Kennedy Uzoka, has been announced as the winner of the Finovator of the Year’ Award for the year 2021. The Finovator of the Year’ Award is organised by the Finnovex […]
(AFRICAN EXAMINER) – Access Bank Plc, a multinational commercial bank, owned by Access Bank Group, in conjunction with Lagos State Employment Trust Fund (LSETF) has commenced a series of grassroot engagement sessions across Lagos State to sensitize businesswomen residing in the state on the LSETF W Loan Scheme. Access Bank, through the W Initiative is […]
…Re-Elects Mansur As President (AFRICAN EXAMINER) – Given its massive investments in the Nigeria’s manufacturing sector, the Pan-African conglomerate, the Dangote Group has been described as a pillar of Nigeria’s manufacturing sector. Speaking on the sideline of the just concluded 49th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) in Abuja, the […]
(AFRICAN EXAMINER) – The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion as federation allocation for September. According to a statement from Mr Oshundun Olajide, Deputy Director (Information), Ministry of Finance, Budget and National Planning late on Thursday, the meeting was held through a Virtual Conference. “From the […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has advised Nigerians to be wary of fraudsters who have been posting fraudulent messages relating to the eNaira launched recently. Mr Osita Nwanisobi, Director, Corporate Communications, said in a statement posted on the bank’s website on Wednesday, that the bank was not disbursing eNaira currency to […]
