Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, August 1st, 2017
Photo caption: L-R: Honourable Minister of State for Petroleum Resources, Dr. Ibe Kachikwu; Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; and President/CE, Dangote Industries Limited, Aliko Dangote, during the Minister of State for Petroleum Resources working visit to Dangote Oil Refinery, Petrochemical and Fertilizer Projects in Lekki. (AFRICAN […]
Posted by African Examiner
Brands & Marketing, Business News, Latest Headlines
Thursday, July 27th, 2017
(AFRICAN EXAMINER) – Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost conglomerate, has announced financial results for its second quarter ended June 30, 2017, showing significant growth in key financial indicators. The company recorded N4.2bn as profit after tax (PAT) for the half-year ended 30th of June 2017, translating into 134 per cent growth compared […]
Posted by African Examiner
Banking & Finance, Business News, Featured Contributors/Columnists, Latest Headlines, Uncategorized
Saturday, July 22nd, 2017
(AFRICAN EXAMINER) – Nigeria’s two big commercial banks, United Bank for Africa and First Bank have washed their hands clean of the controversial Treasury Single Account (TSA) funds collected on behalf of the government. In a statement signed by UBA head of Corporate Communications, Bola Atta, the bank explained that it has remitted all the […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, July 20th, 2017
(AFRICAN EXAMINER) – Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review, which represents a marked increase by 1,900 per cent, allows customers to withdraw up to $2,000 per […]
Posted by African Examiner
African News, Brands & Marketing, Business News, Latest Headlines
Wednesday, July 19th, 2017
(AFRICAN EXAMINER) – First Bank of Nigeria has announced raising the limits on international transactions on Naira Cards to $1,100 monthly across ATMs, PoS, and online channels, with the daily ATM withdrawals also raised to $300. The Bank in a statement said the increase is in line with its drive to promote convenience and ease […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, July 13th, 2017
(AFRICAN EXAMINER) – The award winning Transcorp Hilton Abuja hotel in Nigeria is celebrating its 30th anniversary this year, having officially opened its door to its first guest on the 21st of April, 1987. The iconic hotel, which has through the years, hosted Royalty, Presidents, Global leaders, celebrities and other dignitaries, gathered friends, partners, clients, […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, July 13th, 2017
BALTIMORE, MD (AFRICAN EXAMINER) – Finally, the troubled Etisalat Nigeria has been rebranded as the 9Mobile. Etisalat International last week gave its Nigerian arm three weeks to execute its final phase out process, including unveiling the new brand of the fourth Nigerian GSM services provider. Etisalat International finally pulled out of the Nigeria due […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, July 13th, 2017
From Ignatius Okpara, Enugu (AFRICAN EXAMINER) – The South-East branch of Association of Master Bakers and Caterers of Nigeria, AMBCN, have decried the imposition of multiple taxation on its members by various state governments in the zone, saying the situation has remained a serious cog in the wheel of the organization. It also identified […]
Posted by African Examiner
Business News, Featured, IT & Telecoms, Latest Headlines
Tuesday, July 11th, 2017
BALTIMORE, MD (AFRICAN EXAMINER) – Operator of Etisalat Nigeria – Emerging Markets Telecommunication Services Ltd (EMTS) Tuesday declared that the operations of the fourth Nigerian GSM provider will not be affected despite the expected change of brand. Etisalat International Monday finally announced its withdrawal Monday but gave its Nigerian arm the next three weeks for […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines
Monday, July 10th, 2017
Photo caption: Mr. Abdullahi Ibrahim (AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Abdullahi Ibrahim as an Executive Director. Prior to this appointment, Abdullahi was the Bank’s Group Executive, Retail Banking North. Mr. Ibrahim’s appointment is in sync with FirstBank’s strong […]
Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Wednesday, July 5th, 2017
The UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, continued on its quest to educate and empower African youths as it visited the Accra High School in Ghana. UBA Foundation’s Read Africa Initiative was launched in 2011 and has been changing the lives of African students across the […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, July 5th, 2017
(AFRICAN EXAMINER) – Guinness Nigeria Plc has received the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE)’s approvals to float a rights issue of N39.70 billion. The company said in a statement on in Lagos that it had received clearance of the issue documents from both regulators to list the new shares […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, July 4th, 2017
By Niyi Adeyi One of the GSM service providers, Etisalat Nigeria has confirmed ongoing restructuring within the organization as well as existence of the new board. In a statement issued by the multinational Tuesday, the new board Chairman is Dr. Joseph Nnanna, while Messrs Oluseyi Bickersteth; Ken Igbokwe; Boye Olusanya and Mrs Funke Ighodaro […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Monday, July 3rd, 2017
(AFRICAN EXAMINER) – At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs Holdings and the Tony Elumelu Foundation, congratulated Afrexim for the critical support that the Bank, led by President Oramah, provides for African businesses and its significant contribution to the development […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Sunday, July 2nd, 2017
(AFRICAN EXAMINER) – Following his fresh investments in automobile and agriculture, the organized labour in the country has commended Alhaji Aliko Dangote, President and the Chief Executive of Dangote Group for promoting investments and creating thousands of direct and indirect youth employments across the country and in Africa. The labour said Dangote’s patriotism remains unparalleled […]
Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Friday, June 30th, 2017
(AFRICAN EXAMINER) – The Economic and Financial Crimes Commission, EFCC has secured the conviction of Tajudeen Yusuf, a former branch manager of Skye Bank, Jos, before Justice Ambrose Alagwa of Federal High Court 1, Jos. The convict who was prosecuted on a 5-count charge, following a complaint by his employers, allegedly defrauded Alhaji Usman Tetengi, […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, June 27th, 2017
The new owner of the Trump Hotel and Tower in Toronto has reached an agreement to remove the US president’s name from the property. JCF Capital ULC announced on Tuesday a deal with Trump Hotels to buy out its management contracts for the hotel. The amount of the deal was not disclosed. There is no […]
Posted by African Examiner
Business News, Featured, IT & Telecoms, Latest Headlines, Technology
Tuesday, June 27th, 2017
BALTIMORE, MD (AFRICAN EXAMINER) – US Internet search engine – Google has been slammed with the fine $2.7bn by the European Commission EU over alleged abuse of its power. Specifically, EU is accusing Google of promoting its own shopping comparison service at the top of search results. The fine came amidst complaints by many firms […]
Posted by African Examiner
Business News, Featured, Government Buz, Latest Headlines
Wednesday, June 21st, 2017
President of Dangote Group, Aliko Dangote has lauded the decision of the Federal Government to reconstruct the failed Apapa Wharf road as its grim state serves as both an embarrassment to the country and a huge financial loss to the government on a weekly basis. Dangote who spoke on Tuesday said “The economy loses more […]
Posted by African Examiner
Business News, Featured, Government Buz, Latest Headlines
Tuesday, June 20th, 2017
Photo caption: Managing Director/Chief Executive Officer (CEO) of AMCON, Mr. Ahmed Kuru From Ignatius Okpara, Enugu (AFRICAN EXAMINER) – The Asset Management Corporation of Nigeria (AMCON), has accused the nation’s judiciary of constituting a stumbling block in its efforts towards recovering a whopping sum of 2.5 trillion being owed the federal government by about 350 persons […]
