Posted by African Examiner
Business News, Featured, Latest Headlines, News
Thursday, August 27th, 2020
(AFRICAN EXAMINER) – Finally, a former Nigeria’s Minister of Agriculture Mr. Akinwumi Adesina has been re-elected as the President of the African Development Bank AfDB. Adesina emerged the winner unopposed at a virtual Annual General Meeting (AGM) of the Bank which held Thursday. The head of the African bank had appealed Wednesday for a second […]
Posted by African Examiner
African News, Business News, Latest Headlines
Thursday, August 27th, 2020
(AFRICAN EXAMINER) – The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports. He made the call during a Webinar themed “Prospects of Non-Oil Export During and Post COVID-19” organized by the bank on Wednesday, August […]
Posted by African Examiner
African News, Business News, Latest Headlines
Tuesday, August 25th, 2020
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) and the Bankers’ Committee have unanimously agreed to extend special facilities to Nigerian-registered airlines and the media industry in the country to enable them adequately address the negative impact of the COVID-19 pandemic. The CBN Director Corporate Communications, Mr Isaac Okorafor, made this known in a […]
Posted by African Examiner
African News, Business News, Latest Headlines, News
Thursday, August 20th, 2020
(AFRICAN EXAMINER) – As Nigeria prepares to resume international flights, the Minister of Aviation, Hadi Sirika, says the country will apply the principle of reciprocity. Speaking at the Presidential Task Force (PTF) on COVID-19 daily briefing on Thursday in Abuja, the minister explained that this principle meant carriers from all countries that banned flights from […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Wednesday, August 19th, 2020
(AFRICAN EXAMINER) – Barely 24 hours the Nigerian Naira was forced to a downward trajectory by dollar scarcity, it bounced back, closing at N477 to a dollar at the parallel market in Lagos. The Pound Sterling and the Euro traded at N608 and N550, respectively. The Naira, however, weakened marginally at the investor’s window, losing […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, August 19th, 2020
(AFRICAN EXAMINER) – Prudential Zenith Life Insurance has donated the sum of One Hundred Thousand United States Dollars (US$100,000) to Slum2School Africa to help combat the impact of the COVID-19 pandemic on education in disadvantaged communities in Nigeria. The donation was made through a Corporate Social Responsibility (CSR) Fund from the Prudence Foundation, the community […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Monday, August 17th, 2020
(AFRICAN EXAMINER) – The ongoing Dangote Cement Bag of Goodies Promo season 2 has produced 60 millionaires spread across the nation, thereby cushioning the effects and impact of COVID-19 on businesses and families according to the company’s Director of Marketing, Mrs. Funmi Sanni. She said that more winners are expected to emerge in the coming […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Monday, August 17th, 2020
(AFRICAN EXAMINER) – Minister of Aviation, Hadi Sirika, says international flights, suspended by the nation’s aviation authorities as a result of the global outbreak of the Coronavirus (COVID-19) pandemic will resume on Aug. 29, 2020. He announced this at Monday’s briefing of the Presidential Task Force on COVID-19 in Abuja, adding that Nigeria’s international airports […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Friday, August 14th, 2020
(AFRICAN EXAMINER) – The Federal Government has called for social dialogue between the employers and the employees in the Aviation industry to prevent job losses. Sen. Chris Ngige, Minister of Labour and Employment, Dr Chris Ngige, made the call in a statement, signed by Mr Charles Akpan, Deputy Director, Press and Public Relations in the […]
Posted by African Examiner
African News, Business News, Insurance, Latest Headlines
Tuesday, August 11th, 2020
By Eric Ojo, Abuja (AFRICAN EXAMINER) – President Muhammadu Buhari has signed the instrument of accession of the agreement for the establishment of the African Trade Insurance Agency. The Agreement and the Agency are registered with the Secretariat of the United Nations in accordance with Charter of the United Nations. The agreement recognizes the fact […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Tuesday, August 11th, 2020
(AFRICAN EXAMINER) – The Dangote Refinery Group in collaboration with the National Directorate of Employment (NDE) has begun a six-month skills’ acquisition programme for the second batch of 200 youths in Ibeju-Lekki Community in Lagos State. The training, which was flagged-off by Dangote Group Executive Director, Strategy, Capital Projects and Portfolio Development, Mr. Devakumar Edwin, […]
Posted by African Examiner
Business News, Featured, Government Buz, Latest Headlines, News
Monday, August 10th, 2020
By Eric Ojo, Abuja (AFRICAN EXAMINER) – Minister of Mines and Steel Development, Olamilekan Adegbite has declared that Nigeria will soon become a major gold producing hub in the West African sub-region. The minister said the development will diversify the country’s revenue away from crude oil and create jobs for its teeming youthful population. In […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines, News
Saturday, August 8th, 2020
Photo: L-R: MD SAPETRO, Mr. Toyin Adenuga; NNPC GMD, Mallam Mele Kyari, and MD CNOOC, Mr. Xie Vincent Wensheng …Resolution Will Immediately Unlock About $510million Gas Revenue (AFRICAN EXAMINER) – In its bid to meet the target of revving up production to 3 million barrels per day and unlock gas revenues to the tune of […]
Posted by African Examiner
Business News, Latest Headlines, News, Press Releases
Thursday, August 6th, 2020
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has recorded an encouraging 43 per cent drop in cases of willful damage of its oil pipeline infrastructure by suspected oil thieves in May, 2020. The corporation, in a release by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, explained that details of […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Wednesday, August 5th, 2020
(AFRICAN EXAMINER) – Pan-African investment company, Heirs Holdings this week announced the appointment of Dan Okeke as Group Executive Director. The appointment took effect from August 01, 2020. Mr Okeke joins following a distinguished three-decade career at the United Bank for Africa Plc (UBA), where he most recently served as an Executive Director, responsible for […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Wednesday, August 5th, 2020
(AFRICAN EXAMINER) – The National Association of Aircraft Pilots and Engineers (NAAPE), has issued a two-week ultimatum to airlines, who have sacked or plan to sack their pilots and engineers under the guise of COVID-19, to reverse the decision. Its President, Mr Abednego Galadinma, at a news conference on Wednesday in Lagos, said pilots and […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, August 4th, 2020
…Acts as Lead Arranger for $1.5 Billion Facility to Boost Nigerian Oil Production and Govt Revenue (AFRICAN EXAMINER) – The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as the lead arranger of a consortium of Nigerian commercial and international banks in a $1.5 Billion Pre-Export Finance Facility for […]
Posted by African Examiner
African News, Aviation, Business News, Featured, Latest Headlines
Monday, August 3rd, 2020
From Ignatius Okpara, Enugu (AFRICAN EXAMINER) – Following the hard times currently being faced by Air Peace, occasioned by the novel COVID-19, pandemic which has grounded various sectors of the global economies, the company has announced the sacking of 69 of its pilots. A statement issued on Monday by the Airline’s Spokesman, Stanley Olisa, explained that the […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Monday, August 3rd, 2020
(AFRICAN EXAMINER) – The on-going Dangote ‘Bag of Goodies Season 2 Consumer Promo’ has triggered excitement in the country as more winners continue to emerge, winning millions of Naira, goodies bags, recharge cards, and several others mouthwatering prizes. Just last week, the company sent credit alerts of One Million Naira each to the first […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Saturday, August 1st, 2020
(AFRICAN EXAMINER) – The Group Chairman, United Bank for Africa (UBA) Plc, Tony O. Elumelu has said that the Corona virus pandemic has presented a perfect opportunity for foreign investors to invest in Africa, owing to the huge opportunities that are inherent in the African economy. “This is the time to invest. Africa is a […]
