Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Wednesday, August 4th, 2021
(AFRICAN EXAMINER) – As efforts are being intensified for the imminent completion of the multi-billion dollars 650,000bpd Dangote Refinery in Lagos, the project has been described as an inspiration to private sector operators in the country. Excited at the share humongous size of the refinery, Mr. Wale Tinubu, Chief Executive Officer of Oando Plc, leading […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Tuesday, August 3rd, 2021
(AFRICAN EXAMINER) – The Federal Government has reiterated its determination to continue to invest in hydrocarbons despite the global clamour for renewable energy. Nigeria currently has a huge gas reserve of about 600 trillion scf of gas deposit. Delivering an address at the Society of Petroleum Engineers Nigeria Council-44th Nigeria Annual International Conference and Exhibition […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Monday, August 2nd, 2021
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the sale of white products in the month of March 2021 representing a 24.7% increase from the ₦188.15billion sales recorded in the previous month of February 2021. This is […]
Posted by African Examiner
African News, Business News, Latest Headlines
Friday, July 30th, 2021
(AFRICAN EXAMINER) – Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit after tax of N6.5bn, rising by 713% up from N0.8bn recorded in […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Thursday, July 29th, 2021
(AFRICAN EXAMINER) – Murtala Muhammed Airport, Lagos Terminal Two (MMA2), operated by Bi-Courtney Aviation Services Limited (BASL), has won the award of the MOST COVID-19 COMPLIANT TERMINAL instituted by the League of Airport and Aviation Correspondents’ (LAAC) The presentation took place during the 25th edition of LAAC Annual Conference & Awards held at Sheraton Hotel, […]
Posted by African Examiner
Business News, Featured, Government Buz, Latest Headlines
Tuesday, July 27th, 2021
(AFRICAN EXAMINER) – The Central Bank of Nigeria has suspended the sales of forex to the Bureau De Change operators in the country with immediate effect. The CBN Governor, Godwin Emefiele, disclosed this after the Monetary Policy Committee two-day meeting in Abuja on Tuesday. The MPC also retained the Monetary Policy Rate at 11.5 per […]
Posted by Eric Ojo
African News, Business News, Featured, Latest Headlines, News Around Africa
Monday, July 26th, 2021
(AFRICAN EXAMINER) – The International Monetary Fund (IMF) has applauded the Government of Côte d’Ivoire for its resolve and preparation of a new National Development Plan, which is aimed at promoting inclusive growth, structural transformation and private sector development. IMF gave the commendation at the conclusion of its 2021 Article IV Consultation with Côte d’Ivoire. […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Monday, July 19th, 2021
(AFRICAN EXAMINER) – The Nigerian Communications Commission (NCC), says it is yet to renew Airtel’s Mobile Operating License. Dr Ikechukwu Adinde, NCC’s Director of Public Affairs, made this known in a statement on Sunday, in Abuja. According to him, the attention of the NCC was drawn to a recent statement on an online publication, credited […]
Posted by African Examiner
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Friday, July 16th, 2021
(AFRICAN EXAMINER) – The Government of Cross River on Friday delivered two aircraft of the state Cally Air to Aero Contractors Company of Nigeria Ltd. to operate and maintain. The aircraft were at Nnamdi Azikiwe International Airport (NAIA), Abuja, before giving them to Aero Contractors. Gov. Benedict Ayade of Cross River said at the event […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Tuesday, July 13th, 2021
(AFRICAN EXAMINER) – To address challenges related to the ease of distribution and availability of cement across the country, especially among its value-chain service providers, Dangote Cement Plc has rolled out over 2,000 trucks for distribution services. With an investment of $150 million, the company took delivery of trucks, trailers, bulk tankers, tippers, cargo trucks […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Friday, July 9th, 2021
(AFRICAN EXAMINER) – Bi-Courtney Aviation Services Limited (BASL), operator of Murtala Muhammed Airport, Lagos Terminal Two (MMA2) in a swift response by its Spokesman, Mikail Mumuni has denied owing the Federal AirportsAuthority of Nigeria (FAAN) any amount at all. Ina statement on Thursday night, he said “ On the contrary, it is FAAN that owes […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Wednesday, July 7th, 2021
(AFRICAN EXAMINER) – Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited will hold its SMEConnect Webinar by 11am on Thursday, 8th July 2021 with “The ABCs of Accessing Finance for your Business” being the topic to be discussed at the event. Participants are required to register for the event via […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Wednesday, July 7th, 2021
…Describes Their Entrance as Progressive (AFRICAN EXAMINER) – At the just concluded meeting of the Nigerian Council of Registered Brokers (NCRIB), which was held on Tuesday, July 6, President of the Nigerian Council of Registered Insurance Brokers, Dr. Mrs. Bola Onigbogi endorsed Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA) describing both companies […]
Posted by Niyi Adeyi
African News, Business News, Featured, Latest Headlines, Press Releases
Wednesday, July 7th, 2021
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria Oil and […]
Posted by African Examiner
African News, Business News, Latest Headlines
Tuesday, July 6th, 2021
(AFRICAN EXAMINER) – Fidelity Bank Plc has refuted the alleged probe of its former Managing Director/Chief Executive Officer, Mr Nnamdi Okonkwo. The bank disclosed this in a statement made available to the Newsmen Tuesday in Lagos. The bank in the statement refuted a publication alleging that the board of directors had approved the probe of […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News, News Around Africa
Saturday, July 3rd, 2021
(AFRICAN EXAMINER) – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, has provided €20 million to further strengthen private sector development in Burkina Faso. This is coming under the aegis of ITFC’s Murabaha financing agreement with Coris Bank International (CBI), which is aimed at improving access to […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, Press Releases
Friday, July 2nd, 2021
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA) executed Thursday at the NNPC Towers. The agreements which […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Thursday, July 1st, 2021
(AFRICAN EXAMINER) – Lagos State Ferry Service Company (LAGFERRY) has distributed 100 cowry cards to encourage customers as it starts a promo to woo Lagos residents to be travelling by water. The Managing Director of LAGFERRY, Mr Ladi Balogun, made the distribution at the Day One of the Sailing’ N Smiling Promo raffle draw in […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Thursday, July 1st, 2021
(AFRICAN EXAMINER) – Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc, one of Nigeria’s leading power producers, announced an alternative energy solution to Nigeria, as part of its broader integrated energy strategy. Unveiling Transcorp’s alternative energy plan at a meeting with the Honourable Minister of Science & Technology, Dr. Ogbonnaya Onu, Peter […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Thursday, July 1st, 2021
(AFRICAN EXAMINER) – Pan African financial Institution, United Bank for Africa (UBA) Plc has emphasized its unwavering commitment to the support of businesses and financial inclusion in Africa through its array of consumer lending products. There has been clear evidence that credit remains a major economic stimulant and growth driver; but this has been largely […]
