Posted by African Examiner
Brands & Marketing, Business News, Featured, Latest Headlines
Friday, March 17th, 2017
Shareholders Laud Transcorp Hotels’ performance, Approve dividend payment ABUJA, NIGERIA (AFRICAN EXAMINER) – Transcorp Hotels Plc has announced a profit after tax of N4b at its 3rd Annual General Meeting which took place at Transcorp Hilton Abuja. At the meeting, the Shareholders of Transcorp Hotels Plc commended the management and staff of the Company for […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, March 17th, 2017
(AFRICAN EXAMINER) – Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism. In continuation of his strategic vision of engineering a robust economic and business relationship across the continent through Africapitalism as a necessary tool for the socio economic development of Africa, the Group Chairman […]
Posted by African Examiner
Aviation, Business News, Featured, Latest Headlines
Friday, March 17th, 2017
(AFRICAN EXAMINER) – Aero Contractors Airline, which is under the management of the Asset Management Corporation of Nigeria (AMCON), has sacked about 900 workers representing 60 per cent. Letters of redundancy were issued to the affected employees during the week. Media Consultant to the 58 year-old airline, Mr Simon Tumba, who confirmed the development in […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines
Thursday, March 16th, 2017
(AFRICAN EXAMINER) – Lagos, March 16, 2017 – Dr. Adesola Adeduntan, the Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, has been named Banker of the Year in the Leadership Persons of the year award, 2016. The awards recognise and celebrate the significant performance of individuals, corporate, private and public organisations across sectors, […]
Posted by African Examiner
Business News, Latest Headlines
Monday, March 13th, 2017
(AFRICAN EXAMINER) – As part of its commitment to support agriculture businesses across the value chain and to play its enabling role in the nation’s drive for economic diversification through agriculture, First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand, will hold an inaugural agric expo on Tuesday, March 14, 2017 in Lagos. The […]
Posted by African Examiner
Brands & Marketing, Business News, Latest Headlines
Thursday, March 9th, 2017
MAROC, (AFRICAN EXAMINER) – The Allianz Group has announced its determination to double its market share in the next five years, priotize customer satisfaction and unveil a steady communication campaign. Morocco Allianz Chief Executive Officer, Dirk De Nil made the disclosure in Maroc at a press conference which heralded the official launch of the group in […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, March 2nd, 2017
(AFRICAN EXAMINER) – FirstBank in its bid to provide women with an amazing opportunity for financial empowerment and sustainable economic growth has partnered with the Oyo State Ministry of Women Affairs, to hold the Oyo State Summit on Women Empowerment. The event which held on February 28, 2017 was hosted by the Wife of the Oyo State Governor […]
Posted by African Examiner
Business News, Featured, Government Buz, Latest Headlines
Wednesday, March 1st, 2017
(AFRICAN EXAMINER) – It is the role of government’s regulatory agencies to act as catalysts of beneficial change and to take responsibility for facilitating businesses in the country, according to Acting President Yemi Osinbajo “We must see ourselves as agents of some catalytic change, we must take some responsibility to make profound changes possible,” […]
Posted by African Examiner
Business News, Government Buz, Latest Headlines
Thursday, February 23rd, 2017
BALTIMORE, MD (AFRICAN EXAMINER) – Former IMF boss Rodrigo Rato has been sentenced for four years and six months in prison over financial misconduct. Mr. Rato was found guilty Thursday for misusing funds when he was the boss of two Spanish banks. Spain’s National Court, which deals with corruption and financial crime cases, held that he […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, February 21st, 2017
ABUJA – Sequel to its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central Bank of Nigeria (CBN) on Tuesday, February 21, 2017, carried out wholesale interventions in the interbank FOREX market by providing a total sum of $370,810,810.79 to 23 banks to meet the visible […]
Posted by African Examiner
Business News, Featured, Latest Headlines, Money & Capital Market
Tuesday, February 21st, 2017
If you had told 25 year old Nicole that one day she would be earning more from her investments than she could from a salary, she would have never believed you. If you had told her that her investment would be in flowers, she would have fallen over laughing! But, that is exactly what happened […]
Posted by African Examiner
Banking & Finance, Business News, Latest Headlines, News
Monday, February 20th, 2017
IGNATIUS OKPARA, Enugu (African Examiner) – The Enugu state government through its Board of Internal Revenue Monday sealed off eight commercial banks with a combined number of 36 network branches in the state over tax evasion. It said the financial institutions failed to remit over one billion naira (N1,000, 000, 000. 00) withholding tax. According […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, February 15th, 2017
(AFRICAN EXAMINER) – Distributors of the Dangote foods companies, including Dangote Flour, Sugar and Salt smiled home last night as the management of the Companies doled out over N2 billion as rewards for their loyalty to the companies over the past one year. At a colourful Gala night which the distributors were hosted to last […]
Posted by African Examiner
African News, Business News, Latest Headlines, West Africa
Monday, February 13th, 2017
BALTIMORE, MD (AFRICAN EXAMINER) – The Allianz Global Corporate & Specialty (AGCS) has appointed Mr. Thusang Mahlangu as its new African CEO. Mahlangu succeeded Ms. Delphine Traoré Maïdou who remains on AGCS Africa Board, a position which extends her role for the underwriting group, such as supporting Allianz’s strategy across the African continent. The appointment which […]
Posted by African Examiner
Brands & Marketing, Business News, Latest Headlines
Monday, February 13th, 2017
(AFRICAN EXAMINER) – Dangote Rice, a subsidiary of Dangote Group is set to launch in Sokoto, Sokoto state it’s multi-million naira 25, 000 hectares of rice Outgrower scheme with a prospect of hundreds of thousand of employment opportunities for the rural communities inhabitants. President of the Group, Aliko Dangote disclosed at the weekend that the […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines
Sunday, February 12th, 2017
By Niyi Balogun LAGOS, NIGERIA (AFRICAN EXAMINER) – The recent Federal Government’s Whistle-blower policy has started yielding fruit, as sum of US$151 million and 8 billion Naira looted funds have been recovered. Minister of Information and Culture, Alhaji Lai Mohammed, who said this in a statement issued in Lagos Sunday, however clarify that the bogus […]
Posted by African Examiner
Aviation, Business News, Featured, Latest Headlines
Thursday, February 9th, 2017
LAGOS, NIGERIA (AFRICAN EXAMINER) – The Asset Management Corporation of Nigeria (AMCON) has expressed its resolve to support Arik Airlines as it recently plunged into financial distress. AMCON’s Spokesperson Jude Nwauzor disclosed that the intervention was a confirmation of the Federal Government (FG) commitment to ensure that there is sanity in the country’s aviation sector […]
Posted by African Examiner
Business News, Featured, Latest Headlines, Maritime
Thursday, February 2nd, 2017
Ayodele Afolabi, Abuja ABUJA, NIGERIA (AFRICAN EXAMINER) – The National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun on Wednesday hailed the ongoing bilateral discussions between Nigeria and the Republic of Niger which, aimed at piping crude oil from the Republic of Niger for refining at the Kaduna Refining and Petrochemical Company (KRPC). […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, February 1st, 2017
BALTIMORE, MD (AFRICAN EXAMINER) – Foremost automobile giant Volkswagen has agreed to pay minimum of $1.2bn (£1bn) to fix or buy back 78,000 diesel cars in the US to settle more emissions – cheating claims. Without regulatory approval, the German car giant could be forced to buy back all of the cars, with about $4bn. The […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, January 25th, 2017
By Tajudeen Balogun LAGOS, NIGERIA (AFRICAN EXAMINER) – Business organizations in Nigeria have been charged to ”invest more resources” on better monitoring of politics and policy-making around the world in 2017, so as to mitigate volatility risks and anticipate any sudden changes of rules that could impact markets’ activities. This is against the background of the confirmation by the […]
