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Scarcity: NNPC Increases Daily Fuel Cargoes to Boost Supply

ABUJA, NIGERIA (AFRICAN EXAMINER) – As the queue for Premium Motor Spirit PMS fuel resurfaces in some cities across the country, the Nigerian National Petroleum Corporation (NNPC) says it has programmed to bring in two cargoes of petrol per day for the rest of February 2018 to boost supply. Each of the two cargoes according […]

FirstBank Devoted to Development of Trade and Finance in West Africa

… Sponsors the GTR West Africa Trade & Finance Conference 2018 Photo: (L-R) – Ikenna Egbukole, Head, Structured Trade and Commodity Finance, First Bank of Nigeria Limited; Rupert Cutler, Moderator; Geraid Ikem, Divisional Head Treasury & International Banking, FCMB; Hope Yongo, Supervising Head, Specialized Business, Credit Insurance & Guarantee Department, Nigeria Export-Import Bank (NEXIM); Portia Gumbo-Dube, […]

Elumelu Seeks More Int’l Multilateral Organisations’ Support For Entrepreneurship in Africa

(AFRICAN EXAMINER) – The Chairman, United Bank for Africa (UBA) Plc, and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent; adding that ultimately, such growth will affect the world positively. Elumelu, who pointed this out on […]

Failing, Lopsided Global Economy Persist in 2017 – Report

BALTIMORE, MD (AFRICAN EXAMINER) – The gap between the super-rich and the rest of the world was said to be widened last year, leaving a small minority continued to own wealth. Oxfam made the submission in its latest global richest report. The firm has produced similar reports for the past five years; including the 2017 […]

FirstBank Internet Banking Upgraded to Promote e-Banking Efficiency

(AFRICAN EXAMINER) – In order to maintain its leading edge in banking technology, First Bank of Nigeria Limited has upgraded its Internet Banking Solution, FirstOnline, with improved features to promote and safeguard the electronic banking experience of customers vis-à-vis payment efficiency, versatility and productivity in their business transaction. The user friendly and secure internet banking […]

Lufthansa to Hire 8,000 New Workers in 2018

(AFRICAN EXAMINER) – German airline group Lufthansa said Monday it plans to hire more than 8,000 people in 2018, the latest step in a relentless push for growth at one of Europe’s largest carriers. Taking into account workers leaving the company, a Lufthansa spokesman told AFP that the net effect of the hiring spree would […]

CBN Rewards FirstBank’s Fight Against Electronic Fraud

(AFRICAN EXAMINER) – It was another night of reward, with FirstBank showcasing the strength of its brand by winning  two of the three awards up for grab in the keenly contested Nigerian Electronic Fraud Forum (NeFF) 2017 Annual Dinner and Awards Night held at the Federal Palace Hotel on the 14th of December 2017. FirstBank […]

Dangote Accuses BUA of Stealing, Illegally Mining Limestone on its Properties

(AFRICAN EXAMINER) – Management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease No. 2541, located in a boundary town of Oguda/Ubo in Okene Kogi State. Dangote’s Executive Director, Mr. Devakumar Edwin frowned at the media war, instigated by BUA against the Dangote Group, […]

Firstmonie Agent Now in Every Neighbourhood!

(AFRICAN EXAMINER) – Imagine a walking, talking ATM. No it is not a machine, Firstmonie agents are humans like you, except you can now perform a majority of your banking transactions with them without stepping into a banking hall.  With this bespoke channel, FirstBank is committed to empowering individuals without bank accounts and bridging the […]

Elumelu Wins Dwight Eisenhower Global Entrepreneurship Award

Picture: L-R:  Vice Chairman of the Forbes Publishing company, Mr. Kip Forbes; Award Recipient, Group Chairman, UBA and Founder, Tony Elumelu Foundation, Mr. Tony Elumelu; and Interior Designer and Granddaughter of General Dwight D. Eisenhower (34th President of the U.S.A, Ms. Anne Eisenhower during the conferment of the prestigious Dwight Eisenhower Global Award. (AFRICAN EXAMINER) […]

Nigeria Signs MOU With Switzerland For Refund Of $321m Abacha’a Loot

Photo: Nigeria’s Minister of Justice and Attorney General of the Federation (AGF) Mr. Abubakar Malami (AFRICAN EXAMINER) – Nigeria has signed a Memorandum of understanding (MOU) with Switzerland for the return of the sum of $321m looted funds to Nigeria. Minister of Justice and Attorney General of the Federation AGF, Mr. Abubakar Malami, signed the […]

UBA Wins Big at The Bankers Award; Crowned African Bank of the Year

Photo: (L-R) –  Former BBC correspondent, Mr. Michael Buerk; Chief Executive, UBA Capital(Europe) Limited, representing UBA Group, Mr. Andrew Martin; and  Editor,  Middle East and Africa, The Banker. Mr. James King, during  The Banker Awards 2017  in London. (AFRICAN EXAMINER) – Pan-African financial institution, United Bank for Africa (UBA) Plc has once again proven its […]

Dangote is Pride of Black Race -Kano Governor

(AFRICAN EXAMINER) – President/CE, Dangote Group, Aliko Dangote has been described as the ‘Pride of the Black Race’. Governor of Kano state, Dr. Umar Ganduje, who was speaking at Dangote Special Day, Monday said Nigeria is lucky to be blessed with someone like Aliko Dangote who has made Nigeria and indeed, Africa proud in different […]

Sukuk: a Viable Resort For Capital Projects in Africa – Bank Chief

(AFRICAN EXAMINER) – Following its viability and suitability, many West African countries and companies may in the nearest future, fall back to Sukuk bonds to raise non-interest funds to finance their capital projects as well as corporate growth plans. The Managing Director, Jaiz Bank Plc, Mr. Hassan Usman, who made this submission, last Sunday at […]

FirstBank Promotes Women’s Economic Empowerment

Press Release (AFRICAN EXAMINER) – In line with the commitment to drive sustainable diversity and parity for women in business and public service,  First Bank of Nigeria Limited and FBNQuest Merchant Bank Limited, both subsidiaries of FBN Holdings Plc have partnered with Women in Management, Business and Public Service (WIMBIZ) in its 2017 annual conference […]

FirstBank Unveils the Universities’ Ethics Challenge

(AFRICAN EXAMINER) – First Bank of Nigeria Limited has announced its partnership with the CFA Society Nigeria to host the Universities’ Ethics Challenge. The event which is scheduled for November 9 – 12, 2017 is one of the educational outreach programmes designed by CFA Society Nigeria for university students; it aligns with FirstBank’s Corporate Responsibility […]

UBA Head of Marketing Wins top Marketing Professional Award

(AFRICAN EXAMINER) – Pan-African financial institution, United Bank for Africa Plc has continued to make waves on the continent adding more laurels to its ever-increasing list of achievements. The Bank’s Group Head, Marketing and Corporate Communications, Bola Atta was recognised as the Top Marketing Professional in West Africa at the 7th Marketing World Awards (MWA) […]

Our Strategy Will Tackle Debt Service Risk -Adeosun

Photo: Nigeria’s Minister of Finance, Mrs. Kemi Adeosun (AFRICAN EXAMINER) – The Honourable Minister of Finance, Mrs. Kemi Adeosun, has expressed confidence that the Federal Government’s revenue and debt management strategy would mitigate the country’s debt service risk and fast-track her development. The Minister, who welcomed the advice of Nigeria’s international development partners, including the International […]

FirstBank Leads Payment Cards Issuance with 10 Million Cards

(AFRICAN EXAMINER) – The premier financial institution and Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has been named the first financial institution in Nigeria and the West Africa sub-region to issue 10 million cards to customers across the country. This makes FirstBank the second bank in Africa to achieve this feat.  With […]

Federation Account Recorded N797bn VAT Revenue in 10 Months, Says Adeosun

Photo: Nigeria’s Minister of Finance, Mrs. Kemi Adeosun …To Extend Tax Compliance to Private Sector (AFRICAN EXAMINER) – Revenue from Value Added Tax (VAT) grossed N797.51 billion into the Federation Account between January and October 2017, the Honourable Minister of Finance, Mrs. Kemi Adeosun, revealed on Tuesday. The non-oil revenue represents 46.15 per cent of […]

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