(AFRICAN EXAMINER) – Polaris Bank savings customers are gearing up for the grand finale of the ongoing nationwide ‘Save & Win’ promo, which is scheduled to hold in April 2021. At the end of the ‘Save & Win’ Millionaire promo, a total of N26,000,000 would have been won by 188 Polaris Bank customers nationwide. The […]
(AFRICAN EXAMINER) – Nigeria’s Access Bank has invested around $60 million to acquire a stake in South Africa’s Grobank, its chief executive said on Tuesday, to become the first Nigerian lender to venture into South Africa. Access invested both equity and debt in the South African bank, part of a regional expansion to tap into […]
(AFRICAN EXAMINER) – UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between North America and the African continent. Speaking on Thursday from the Bank’s office in New York, the Chief Executive Officer, UBA America, Ms. Sola […]
(AFRICAN EXAMINER) – The Standards Organisation of Nigeria, SON, has hinted that it destroyed substandard goods valued over eight hundred million Naira, N800,000,000.00, in Nigeria in the last five months. Director General/Chief Executive, of the organization, Mallam Farouk Salim, who disclosed this during the SON special day at the ongoing 32nd Enugu International Trade Fair, […]
(AFRICAN EXAMINER) – Following the release of its remarkable audited financial results for 2020, foremost Pan-African financial services conglomerate, United Capital Plc, held its Annual General Meeting on Tuesday, March 23, 2021 at Lagoon Restaurant, Victoria Island, Lagos. At the Annual General Meeting, which was held by proxy due to the COVID-19 pandemic, the Company […]
(AFRICAN EXAMINER) – Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financial year ended 31st December 2020, even as it proposed a dividend of N16 per share. According to the cement group’s audited results released on the floor of […]
(AFRICAN EXAMINER) – The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has described the recently approved rehabilitation exercise of the 210,000 barrels per day capacity Port Harcourt Refinery as a worthy undertaking embarked upon after diligent consideration and in strict adherence to industry best standards. Speaking to reporters at […]
(AFRICAN EXAMINER) – The Honourable Minister of Mines and Steel Development, Olamilekan Adegbite has disclosed that foreign investors are excited about the juicy mining prospects in Nigeria. The minister said the Federal Government of Nigeria had discovered gold along the Abuja-Nasarawa axis through the National Integrated Mineral Exploration Project (NIMEP), programme undertaken by the ministry. Adegbite added that […]
(AFRICAN EXAMINER) – As part of its continuous effort to catalyse the growth and sustainability of Small and Medium-Scale businesses in Nigeria and Africa, Pan Africa Financial Institution, United Bank for Africa, (UBA) Plc will be hosting its next Business Series on Wednesday, March 17th, 2021. The UBA Business Series, which is held quarterly, is a […]
(AFRICAN EXAMINER) – Avon Healthcare Limited, a leading health management organisation has partnered with pan-African financial institution, United Bank for Africa (UBA) Plc, to develop well-tailored and unique health plans for children. The collaboration to develop the new health plans became necessary due to the gap that exists in the area of child healthcare and […]
(AFRICAN EXAMINER) – A Nigerian lady based in Kano, Saadat Aliyu, has created an android application ‘Helpio App’ for reporting sexual abuse cases.The app, ‘Helpio App’ was launched on August 6, 2020, on Playstore.She said: “You can go to the Play store, search for it and install it. After Installation, you can sign up using […]
(AFRICAN EXAMINER) – An international network organization, Solidaridad, working in over 40 countries of the globe in various sectors of the economies, has signed a memorandum of understanding (MOU) with Nigeria’s federal Ministry of Agriculture and rural Development to improve Agricultural productivity in the country. The organization also has eight regional offices in five continents, […]
(AFRICAN EXAMINER) – First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. FirstBank Chief Executive Officer, Dr Adesola Adeduntan, disclosed this in a statement in Lagos. Adeduntan said that the FGT initiative was specifically designed to ensure safe, timely and improved […]
(AFRICAN EXAMINER) – The Independent Petroleum Marketers Association (IPMAN) Kano state branch has commended the Nigerian National Petroleum Corporation (NNPC) for the prompt measures it has taken to address the fuel scarcity which resurfaced a few days ago. The IPMAN Chairman, Alhaji Bashir Danmalam, made the commendation on Tuesday in Kano while inaugurating an ad-hoc […]
A Coalition of Nigerian Civil Society Organizations for Petroleum and Energy Security (CONCSOPES) on Saturday sought the sustenance of deregulation of the price of the Premium Motor Spirit (PMS). Speaking in a press conference in Abuja, the convener, Mr. Timothy Ademola, noted that a reversal of the deregulation that started in March 2020 will lead […]
Photo: Managing Director/CEO NIRSAL, Mr Aliyu Abdulhameed (AFRICAN EXAMINER) – The Nigeria Incentives- Based Risk Sharing System For Agricultural Lending (NIRSAL) has stated that it has helped in providing over N148 billion in finance and investments for agriculture and agribusiness. The Managing Director of NIRSAL, Mr Aliyu Abdulhameed disclosed this in Lagos on Thursday in […]
(AFRICAN EXAMINER) – In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021. This was disclosed in a press release by the Group General Manager, Group Public […]
(AFRICAN EXAMINER) – The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban on crypto currency in the country. The Senate also invited the Director General of […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to, henceforth, accept Machine Readable Travel Documents (MRCTD) and Refugee Identification Card, as means of identification for financial transactions. The directive was given by Dr Kevin Amugo, Director, Finance Policy Regulation Department, on Wednesday, in Abuja, through a […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working towards reducing operations cost to achieve the $10 or less per barrel production cost target. A press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that […]
