Posted by African Examiner
Business News, Featured, Latest Headlines
Sunday, January 15th, 2017
LAGOS, MD (AFRICAN EXAMINER) – Determined the tap into the opportunity provided by the scarcity of forex in the country to create jobs, foremost entrepreneur, Aliko Dangote has embarked on the establishment of multi-million dollar vehicle assembly plant project in Lagos Specifically, the plant will be churning out heavy duty trucks on which his conglomerate, […]
Posted by African Examiner
Business News, Energy, Featured, Latest Headlines
Wednesday, January 11th, 2017
ABUJA, NIGERIA (AFRICAN EXAMINER) – The three-day warning strike embarked upon by members of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has been suspended. While the workers suspended their actions Wednesday which was in protest against anti-labour practices in the oil and gas sector, their counterparts under the Petroleum and Natural Gas Senior Staff Association of […]
Posted by African Examiner
Business News, Featured, Latest Headlines, Maritime
Thursday, January 5th, 2017
By Ganiyu Nasirudeen ABUJA, NIGERIA (AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has hinted it will include stakeholders such as security agencies, Niger Delta leaders, IOCs in its security advisory council which would address all security and host community agitations. This measure the oil empire said Thursday is aimed at steming pipeline vandalism […]
Posted by African Examiner
Business News, Energy, Featured, Latest Headlines
Thursday, January 5th, 2017
By Ganiyu Nasirudeen ABUJA, NIGERIA (AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has announced the list of 39 successful bidders for the 2017/2018 crude oil term contract. The Group General Manager, Crude Oil Marketing Division (COMD) of the Corporation, Mr. Mele Kyari announced that the contract would run for one year effective from […]
Posted by African Examiner
Business News, Featured Contributors/Columnists, Latest Headlines
Sunday, January 1st, 2017
…2,000 Entrepreneurs And Counting January 1, 2017; LAGOS, NIGERIA – Africa’s largest business incubator, The Tony Elumelu Foundation (TEF), is now accepting applications from African entrepreneurs, with business ideas that can transform Africa. The application portal is open and accepting submissions until Midnight WAT on March 1, 2017. To apply, complete the online application at: www.tonyelumelufoundation.org/programme. Successful applicants will join the third cycle of the TEF Entrepreneurship Programme, TEF’s 10-year, $100 million commitment to train, mentor and fund 10,000 African entrepreneurs in every African […]
Posted by African Examiner
Aviation, Business News, Featured, Latest Headlines
Tuesday, December 27th, 2016
By Niyi Adeyi LAGOS, NIGERIA (AFRICAN EXAMINER) – For failing to carry the luggage of its passengers from London to Lagos, the Nigerian Civil Aviation Authority (NCAA) has slammed Arik Air with fine as compensation to the affected customers. The fine was stated in a statement issued Tuesday in Lagos by the NCAA General Manager […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines, News
Friday, December 23rd, 2016
LAGOS, NIGERIA (AFRICAN EXAMINER) – The insolvency challenge presently confronting Heritage Bank is expected, given the unethical conducts by its topmost management members, thus it might require an extraordinary ”midas touch” for the commercial bank to get through its present mess, experts have declared. When AFRICAN EXAMINER further researched into the prevailing misfortune of the […]
Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Friday, December 23rd, 2016
Mrs. Ibukun Awosika, Chairman, First Bank of Nigeria Limited and renowned entrepreneur will be speaking with CNN’s Zain Asher on how she launched into Entrepreneurship before she turned 26. Awosika who is also the first female chairman of Nigeria’s premier financial institution, First Bank of Nigeria Limited will share her challenges and how she was able […]
Posted by African Examiner
Featured, IT & Telecoms, Latest Headlines
Monday, December 19th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – After being sanctioned, tech giant, Apple has filed an appeal against a European Union, which ordered it to pay €13bn (£11bn) in back taxes in the Republic of Ireland. It would be recalled that in August, the EU ruled that Apple’s tax arrangements in Ireland were illegal and demanded the […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, December 13th, 2016
By Niyi Adeyi LAGOS, NIGERIA (AFRICAN EXAMINER) – Despite freezing the accounts of the subscribers, owner of Ponzi scheme – Mavrodi Mondial Movement, otherwise referred to as MMM Nigeria, has denied that the scheme has crashed. In recent times, participants have been complaining that they could not access their deposit; a situation that has resulted […]
Posted by African Examiner
Business News, Featured, IT & Telecoms, Latest Headlines
Wednesday, December 7th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – Apple has linked “external factors” to some iPhone battery “fires” in China. Eight users so far, have complained to Shanghai’s consumer watchdog that their iPhone 6 series handsets spontaneously combusted or exploded. Watchdog’s report quoted a customer as saying her iPhone 6S Plus exploded in August; shattering the screen and […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines
Monday, December 5th, 2016
By Ayodele Afolabi DELTA, NIGERIA (AFRICAN EXAMINER) – The National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun has defended the borrowing plans of the President Muhammadu Buhari-led administration, saying the facility is inevitable in view of the current economic realities in the country. Chief Odigie-Oyegun said Nigeria must borrow to invest in […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines
Saturday, December 3rd, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – Despite many denials of the management, Heritage Bank is still battling with the challenge of insolvency, financial problems, a development that has prompted customers to massively withdraw their money from the Bank. The financial problem with the Bank as reported recently in the media has also forced First Bank Plc, […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, December 2nd, 2016
LAGOS, NIGERIA – 2nd December 2016 – On January 1, 2017, The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme. The Programme is the Foundation’s 10-year, US$100 million commitment to training, mentoring and funding 10,000 African entrepreneurs. The application portal will be open until midnight (WAT), […]
Posted by African Examiner
Business News, Featured, IT & Telecoms, Latest Headlines
Wednesday, November 30th, 2016
By Ayo Balogun BALTIMORE, MD (AFRICAN EXAMINER) – Barely 24 hours after the mobile telecommunication service providers announced 100 per cent data tariff hike, the Nigerian Communications Commission (NCC) has ordered the suspension of the plan. It would be recalled that one of the GSM providers MTN sent SMS to its subscribers Tuesday that 100 […]
Posted by African Examiner
Agriculture, Business News, Featured, Latest Headlines
Tuesday, November 29th, 2016
BAYELSA, NIGERIA (AFRICAN EXAMINER) – Nigeria is progressing in planting and harvesting of rice, such that further importation of the product will end early 2017, while exploration will be made possible. Central Bank of Nigeria (CBN) Acting Director of Corporate Communication Mr. Isaac Okoroafor, gave the assurance in Bayelsa Tuesday, during a sensitization/awareness programme for […]
Posted by African Examiner
Business News, IT & Telecoms, Latest Headlines
Tuesday, November 29th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – Following persistent pressure from the investors, Samsung Electronics has confirmed its resolve to consider the proposal to divide the company into two separate entities. Some investors have mounted pressure on the foremost Electronics giant to break itself into a holding unit and an operating company, so as to boost shareholders’ […]
Posted by African Examiner
Featured, Latest Headlines, Maritime
Saturday, November 26th, 2016
By Ignatius Okpara ENUGU NIGERIA (AFRICAN EXAMINER) – The Director General (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, has listed quality governance, anti-corruption, institutional integrity, sound education and economic policies as factors that can uplift any nation, including Nigeria to greatness. Speaking during the 2016 University of Nigeria Nsukka […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, November 22nd, 2016
ABUJA, NIGERIA (AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has resolved to maintain the Monetary Policy Rate (MPR) also known as the lending rate at 14 per cent. CBN Governor Mr. Godwin Emefiele, disclosed this while briefing newsmen Tuesday on the outcome of the Bank’s Monetary Policy Committee (MPC) meeting, which started Monday. […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, November 22nd, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – The US auto mobile regulators have allowed General Motors (GM) to delay the recall of its large number of potentially defective air bags so as to prevent the company from huge financial loss. The regulators indicate that their decision was to give the auto mobile giant more time for long-term […]
