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Adeosun Reassigns Portfolios in SEC, Appoints New Acting DG

(AFRICAN EXAMINER) – The Honourable Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC). Ms. Mary Uduk will assume the position of Acting Director-General of the Commission. Uduk’s appointment is governed by the provisions of the Investments and Securities Act (ISA), 2007 and the […]

Elumelu to Tour East Africa On Entrepreneurship, Infrastructure

LAGOS, NIGERIA – Entrepreneur, and philanthropist, Tony O. Elumelu will lead a 5-day working visit to East Africa, where he will meet with national leaders of Kenya and Uganda. In his capacity as Chairman of United Bank for Africa (UBA), Mr. Elumelu will travel to Uganda (April 10) and Kenya (April 12) to meet with […]

Nigerian Government Extends VAIDS Compliance Deadline till June 30

ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari has extended the compliance deadline to the Voluntary Assets and Income Declaration Scheme VAIDS till Wednesday, June 30 2018. The extension was announced in a statement issued Wednesday in Abuja by the Special Adviser on Media and Publicity to Mr. President, Femi Adesina. The statement indicated that […]

9Mobile Sale: NCC Chairman Allegedly Changes Rules to Favour Smile Telecoms

(AFRICAN EXAMINER) – The Chairman, Board of the Nigerian Communications Commission NCC, Chief Olabiyi Durojaiye is being accused of manipulating the ongoing moves to sale one of the Nigerian Telecommunication giants, 9mobile. Durojaiye’s  sudden ”change of rules” is being speculated to favour a telecommunication firm – Smile Telecoms Holdings against other more qualified companies. It […]

UBA Strengthens Brand Affiliation on Nigerian Campuses, Unveils 30 Ambassadors

(AFRICAN EXAMINER) – The United Bank for Africa (UBA) Plc has launched the second edition of its Campus Ambassador Programme with the induction of 30 new brand ambassadors. The UBA Campus Ambassador Programme is an initiative to identify young emerging leaders among students of tertiary institutions and give them a unique and highly rewarding learning […]

Tony Elumelu Foundation Selects 1,000 Entrepreneurs for 2018 Programme

Photo: L-R: Director of Partnerships, Tony Elumelu Foundation (TEF), Mrs Ifeyinwa Ugochukwu; Member, Board of Trustees, TEF, Mr. Alex Trotter; Founder, TEF, Mr. Tony Elumelu; CEO, TEF, Parminder Vir; and Member, Board of Trustees and wife of the Founder, Dr Awele Elumelu, during the selection announcement of (TEF) 10-year, $100 million Entrepreneurship Programme, held in Lagos. […]

Senate Confirms 2 New CBN Deputy Governors, Rejects 1 MPC Nominee

By Ganiyu Nasirudeen (AFRICAN EXAMINER) – The Senate has confirmed the appointments of two new Deputy Governors (DG) of the Central Bank of Nigeria CBN. The new apex Bank appoitees are: Mrs. Aisha Ahmad and Mr. Edward Adamu. Similarly, the upper Legislative Chamber approved the nomination of three out of four members of the Monetary […]

FirstBank’s PLAS: Meeting Your Pressing Financial Needs in No Time

(AFRICAN EXAMINER) – Salary accounts can do more than just receive monthly pay; they have inherent wealth that can be unlocked to help you achieve dreams that make you fulfilled on your job and be on top of situations at home and at work. First Bank of Nigeria Limited creates opportunities for salary accounts holders […]

Buhari Approves New Excise Duty Rates for Alcoholic Beverages, Tobacco

…No Increase In Excise Duty On Other Locally Excisable Products (AFRICAN EXAMINER) – President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, 4th June, 2018. The President has also granted a grace period of 90 days (three months) to all manufacturers before the […]

Thai Rice Controversy: Group wants Audu Ogbeh Fired, Prosecuted

(AFRICAN EXAMINER) – Arguing that deliberate misinformation to the public on major governmental policies and programmes has the capacity to attract international opprobrium on the global image of Nigeria and misdirect millions of Nigeria children to glamourize lying, a group HUMAN RIGHTS WRITERS ASSOCIATION OF NIGERIA (HURIWA) has asked President Muhammadu Buhari to fire his […]

Tambuwal: High Interest Rate Hurting Small Businesses

Photo: Governor Aminu Waziri Tambuwal in a handshake with the Managing Director/CEO of UBA Plc, Mr. Ken Uzoka at Sokoto Government House. (AFRICAN EXAMINER) – The prevailing interest rate charged by banks is hurting small businesses in the country and should be reviewed downwards to enhance growth and economic stability, Sokoto state Governor, Aminu Waziri […]

Dangote Donates N1.2 Billion Business School to Bayero University, Kano

Photo: Photo: (L-R) Donor of the building, Aliko Dangote; Emir of Kano, Alhaji Sanusi Lamido Sanusi and Jigawa State governor, Alhaji Abubakar Badaru. (AFRICAN EXAMINER) – The business educational development of Northern Nigeria took a new turn at the weekend when the renowned businessman, Aliko DANGOTE donated a N1.2 billion ultra-modern business school edifice to the […]

EU Threatens Showdown Against Trump’s Planned High Tariffs On Steel Imports

(AFRICAN EXAMINER) – European Union EU officials have confirmed they will respond “firmly” if US President Donald Trump goes ahead with his plan for steep global duties on metals. EU trade chiefs are considering slapping 25 per cent tariffs on around $3.5bn of imports from the US. World Trade Organization Director General Roberto Azevedo said: […]

China Development Bank, UBA Sign Letter of Intent for $100m Loan to SMEs in Africa

Photo: Group Managing Director/CEO, UBA Plc, Kennedy Uzoka (AFRICAN EXAMINER) – United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for  $100 million seven-year to finance the development of small and […]

Rice Production: Dangote Inaugurates Multi Billion Naira Rice Processing Plant in Jigawa

…Promises to End Rice Importation (AFRICAN EXAMINER) – The Dangote Rice Outgrower Scheme in Jigawa State reached a turning point yesterday when the President of Dangote Group, Aliko Dangote laid a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin, Jigawa state. The mill with capacity to process 16 metric […]

China Bank, UBA Sign $100m Loan Deal to Support SMEs in Africa

Photo: Sitting from L: DG, Global Cooperation Department – Americas and Africa, China Development Bank(CDB),  Mr Jin Tao and GMD/CEO, UBA Plc, Mr. Kennedy Uzoka. Standing: President of CDB, Mr. Zheng Zhijie and Chairman of UBA Plc, Mr Tony Elumelu —- (AFRICAN EXAMINER) –  United Bank for Africa (UBA) Plc, a pan-African banking group and China […]

UBA Foundation Brings Comfort to Students of Usman Danfodiyo University

Photo: Photo: Commissioning of Pedestrian Bridge at Usmanu Danfodiyo University 1: L-R: ED, North, UBA, Ibrahim Puri; VC, Usmanu Danfodiyo University, Sokoto, Prof Abdu Zuru; GMD/CEO, UBA Plc, Kennedy Uzoka; Sokoto State SSG, Prof. Bashir Garba; and representative of the Sultan of Sokoto, Alhaji Kabiru Usman. (AFRICAN EXAMINER) – UBA Foundation, the Corporate Social Responsibility Arm […]

Firstbank Launches Its Virtual Community For Women

(AFRICAN EXAMINER) – Barely two months after First Bank of Nigeria Limited celebrated the one year anniversary of FirstGem, its lifestyle offering for women, the Bank has announced the launch of a website specifically designed to build a virtual community of like-minded women in order to encourage interactions among them, whilst importantly focusing on key […]

Niger Delta Needs More Oil Blocs to Boost Development, Say Gov Dickson

(AFRICAN EXAMINER) – The Governor of Bayelsa State, Honourable Henry Seriake Dickson on Saturday demanded that more oil blocs should be given to the oil-producing areas because they are “the ancestral properties of Niger Delta.” He also called on the multinational oil colonies to heed the directive by Vice President Yemi Osinbajo (SAN) to relocate […]

Dangote Assures on Timely Completion of Apapa-Wharf Road

Photo: President, Dangote Industries, Aliko Dangote (L);  Managing Director, AG-Dangote Construction Company Limited; and Acting Group Managing Director, Dangote Sugar Refinery Plc, Engr, Abdullahi Sule, on the road inspection of Apapa-Wharf Road under construction (AFRICAN EXAMINER) – President of Dangote Group, Aliko Dangote has assured that the Apapa Port Wharf concrete road currently under construction […]

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