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 […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, November 15th, 2016
ABUJA, NUGRIA (AFRICAN EXAMINER ) – The Central Bank of Nigeria (CBN) has dismissed report that insinuates that Heritage Bank is under financial distress and therefore unable to discharge its obligations to its depositors. A statement issued by CBN described the report as false and malicious stories The statement reads in full: The attention of […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, October 25th, 2016
LAGOS, NIGERIA (AFRICAN EXAMINER) – – Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has won the Global Finance Digital Bank of Distinction award, 2016. This new award recognizes outstanding accomplishments in digital banking made by middle-market and local banks. It honours banks that may be outspent by their global competitors but still consistently […]
Posted by African Examiner
Business News, Latest Headlines
Monday, October 24th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – United Bank for Africa has continued to receive accolades and global recognition for its commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, October 14th, 2016
Ayodele Afolabi ABUJA, NIGERIA (AFRICAN EXAMINER) – The Senate has summoned the Minister of Trade and Investment, Dr Okechukwu Enelamah, Niger State Governor’s father, Colonel Sani Bello and 12 others to appear before it next week Thursday next week over alleged $13.9billion capital flight between 2006 and 2016 in collaboration with Mobile Telecommunication of Nigeria […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines
Wednesday, October 12th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank recorded an […]
Posted by African Examiner
Business News, Featured, Latest Headlines, Money & Capital Market
Tuesday, October 4th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – The impacts of Brexit on UK fortunes are still counting as the International Monetary Fund (IMF) just cut its forecast – rating for her economic growth next year. This is amidst the speculation and warning that the global recovery will remain “weak and precarious”. Unlike the its prediction which raised […]
Posted by African Examiner
Agriculture, Business News, Featured, Latest Headlines
Tuesday, September 27th, 2016
ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari Tuesday pledged Nigeria will continue to expand its relationship with India in the areas of health, education, agriculture, technology and trade. The President made the promise while receiving the Indian Vice President, Mohammad Hamid Ansari, at the State House. Buhari confirmed Nigeria had over the years benefited […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, September 20th, 2016
It is the beginning of another school term and as students return to school after the long holidays, First Bank of Nigeria Limited, Nigeria’s most valuable Bank brand is again set to support schools with their educational requirements to enhance preparations for the school year. FirstBank has developed an array of products and solutions targeted […]
Posted by African Examiner
Banking & Finance, Brands & Marketing, Business News, Latest Headlines
Monday, September 12th, 2016
LAGOS, NIGERIA (AFRICAN EXAMINER) – Pan-African banking group, United Bank for Africa (UBA) Plc at the weekend carted home two very important laurels at the annual Businessday Banking Awards, winning the Best Bank in Sub-Saharan Africa and the Best Bank in support of Agriculture. The first award, the “Best Bank in sub-Saharan Africa award is […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, September 8th, 2016
By Seun Adebosin BALTIMORE, MD (AFRICAN EXAMINER) – First Bank of Nigeria (FBN) has discredited the media publications on allegation of forgery against its officers, by late Abdul Azeez Arisekola Alao’s son, Ismail, with respect to the Deed of Guarantee of Lister Oil Limited. FBN in a statement made available to AFRICAN EXAMINER confirmed that […]
Posted by African Examiner
Aviation, Business News, Featured
Wednesday, September 7th, 2016
Ayodele Afolabi, Abuja BALTIMORE, MD (AFRICAN EXAMINER) – Airline operators in Nigeria have cried out to the federal government to bail them out of imminent collapse from the business by making available for them, a Special Intervention Fund to remain afloat. The operators made the appeal on Wednesday at an emergency interactive session with the […]
Posted by African Examiner
Business News, Featured, IT & Telecoms, Latest Headlines, News
Friday, September 2nd, 2016
I Visit to Promote “fast and cheap” internet connectivity – Zuckerberg ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari Friday in Abuja commended the Chief Executive Officer (CEO) and Co-founder of foremost social networking website, Facebook, Mark Elliot Zuckerberg for sharing his wealth of knowledge with Nigerian youths and inspiring a new generation of entrepreneurs. […]
