(AFRICAN EXAMINER) – The Naira on Wednesday fell by one point exchanging at N361.5 to the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports. The Nigerian currency had exchanged at N360.50 to the dollar on Tuesday. The Pound Sterling and the Euro closed N484 and N420, respectively at the […]
By Eric Ojo, Abuja (AFRICAN EXAMINER) – Africa’s premier development finance institution, the African Development Bank (AfDB) has expressed its willingness to help São Tomé and Príncipe to develop a blue economy strategy. The AfDB which currently operates in 41 African countries with an external office in Japan, contributes to the economic development and the […]
(AFRICAN EXAMINER) – The new excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, 2018, says the Federal Government. The News Agency of Nigeria (NAN) recalls on Sunday that the Minister of Finance, Mrs Kemi Adeosun, in March announced that the president had granted […]
(AFRICAN EXAMINER) – The Naira on Thursday appreciated against the dollar at the parallel market in Lagos. The Nigerian currency gained one point to exchange at N362, stronger than N363 posted on Wednesday, while the Pound Sterling and the Euro traded at N494 and N424, respectively. Trading at the Bureau De Change window saw the […]
(AFRICAN EXAMINER) – A non profit, female centric organisation, ImpactHER, has successfully concluded the training of female African entrepreneurs on how to access finance from corporate organisations for the growth of their business. The training conference held last week in Canton Concourse, Maroko, Lagos, saw over 100 women engaged in different lines of business in attendance. […]
Photo: L-R: Commissioner, Urban & Regional Planning, Taraba, Hon. Hassan Beppah; Principal, Precious Kids School, James Ayagwa; Branch Leader, Jalingo, Fidelity Bank Plc, Kabir Abdurrahman; Head, Corporate Social Responsibility & Sustainability, Fidelity Bank Plc, Chris Nnakwe; Taraba Firstlady, Barr. Anna Ishaku and Regional Bank Head (RBH), North East, Musa Tarimbuka. (AFRICAN EXAMINER) – Fidelity Bank Plc, in […]
Photo: R-L: Ehimika Ivbuobe, Business Manager, FirstBank; Bello, Hadizat Esohe, winner of the FirstBank Visa Gold Card World Cup Promo; Bello Mohammed, winner’s son and Erhunwunse Osarumwense, Relationship Manager, FirstBank. …Winners to Watch 2018 World Cup Live in Russia (AFRICAN EXAMINER) – First Bank of Nigeria Limited in partnership with Visa International has announced the […]
(AFRICAN EXAMINER) – Kogi State Government says its Internally Generated Revenue (IGR) has improved tremendously from N350 million to N1 billion monthly. Mr Kingsley Fanwo, the Director-General, Media and Publicity, Kogi State disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday in Lokoja. Fanwo said the target of the state […]
Nairobi, Kenya (AFRICAN EXAMINER) – United Bank for Africa, a leading pan-African financial institution with operations in 20 African countries has assured the players in the private and public sectors in East Africa’s largest economy that its Kenyan franchise is ready and committed to finance key projects and business transactions capable of galvanising the economic […]
(AFRICAN EXAMINER) – Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to renewed U.S. sanctions and reduce supply in an already tightening market. Brent crude futures LCOc1 reached an intraday high of $80.18 while U.S. West Texas Intermediate (WTI) crude […]
(AFRICAN EXAMINER) – Nigeria’s foremost entrepreneur, Aliko Dangote has been ranked among 75 most powerful persons on the planet, ahead of the Vice President of the United States of America, Mike Pence. According to the Forbe’s latest 2018 ranking of the World Powerful people, Dangote ranked among world leaders like Xi Jinping, the Chinese President, […]
Photo caption: Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, (R) and Managing Director of NNPC Retail Limited, Mr. Yemi Adetunji at the NNPC Towers in Abuja on Tuesday. … Says More Stations in Pipeline (AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) said Downstream subsidiary, the NNPC Retail Limited, […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring unique identifier in the Nigerian banking industry. CBN Director, Banking and Payment System, Mr Dipo Fatokun, disclosed this in a paper titled, `Nigeria’s progress towards the creation […]
(AFRICAN EXAMINER) – Pan- African financial Institution, United Bank for Africa Plc, last thursday, ended its annual Group Chairman’s Forum, a platform for group integration, re-strategising and knowledge sharing with the overall aim of putting the bank on firm standing to actualize its goals and targets for the financial year. The theme of this year’s […]
ABUJA, NIGERIA (AFRICAN EXAMINER) – The Senate has described as illegal and called for refund of the current payments being made by the Nigerian National Petroleum Corporation NNPC for subsidy of Premium Motor Spirit PMS, otherwise called petrol. Following this, the Senate Committee on Public Accounts recommended in its report on the investigation into the […]
(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s number one SME Bank is hosting the SMEConnect Series – a multi-pronged SME support programme developed by the Bank to chart a veritable course for SME development, emphasizing boundless opportunities for entrepreneurial business development. The programme includes open seminars to build capacity; sector-specific industry forums; […]
(L-R) Chairman, Forte Oil Plc, Mr Femi Otedola; President, Dangote Industries, Alhaji Aliko Dangote; GMD/CEO, UBA, Mr. Kennedy Uzoka; Senator Mohammed Daggash; and Chairman, UBA, Mr. Tony Elumelu, at the 2018 UBA CEO Awards at Eko Hotel, Lagos — (AFRICAN EXAMINER) – It was a fun night of glamour and electrifying excitement as Pan African […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) says it has again injected 210 million dollars into the Foreign Exchange (Forex) market in continuation of its intervention in the sector. A statement by Mr Isaac Okorafor, Acting Director, Corporate Communications Department, in Abuja on Wednesday, said the intervention was to enable market operators meet […]
Photo: L-R: Chairman, UBA, Mr. Tony Elumelu; CEO, Nigerian Stock Exchange, Mr. Oscar Onyeama and Group Managing Director/CEO, UBA, Mr. Kennedy Uzoka. (AFRICAN EXAMINER) – The Nigerian Stock Exchange on Monday migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to […]
(AFRICAN EXAMINER) -The Economic and Financial Crimes Commission EFCC has dragged an indigenous GSM service provider Globacom to a special court, over alleged fraud up to the tune of $6,786,674.61. EFCC prosecuting Counsel Mr. A.B.C. Ozioko, in the charge sheet, claimed that the telecommunication firm and another party, Israni acted contrary to Section 1(2)(3) of […]
