Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Tuesday, August 23rd, 2016
LAGOS, NIGERIA (AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Patrick Iyamabo as its new Chief Financial Officer (CFO). The appointment follows the elevation of the former CFO, Dr. Adesola Adeduntan to Managing Director/CEO of the Bank. Mr. Iyamabo’ s […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, August 16th, 2016
ABUJA, NIGERIA (AFRICAN EXAMINER) – As parts of the measures to improve the country’s monetary policy, the Central Bank of Nigeria (CBN) has reviewed weekly collection of the licensed Bureau De Change to $50,000 as against former $30,000. The new policy was announced Tuesday by the CBN’s Director, Banking Supervision Department Mrs. Tokunbo Martins while addressing journalists, after […]
Posted by African Examiner
Business News, Featured, IT & Telecoms, Latest Headlines
Tuesday, August 2nd, 2016
ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari has requested the Senate to confirm nominees into positions of Chairman, Executive Commissioner, and Non-Executive Commissioners of Nigerian Communications Commission (NCC). The nomination was contained in a statement issued Tuesday the president’s spokesperson, Mr. Femi Adeshina. In a letter dated August 2, 2016, sent to President of […]
Posted by African Examiner
Business News, Latest Headlines
Friday, July 29th, 2016
Africa’s leading cement producer, Dangote Cement Plc has reported a revenue of N292 billion in the second quarter ended June 30th 2016 indicating an increase of 20 percent over N242 billion posted in the corresponding period in 2015. According to the reports filed with the Nigerian Stock Exchange (NSE), the company’s Profit for period stands at […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines
Thursday, July 28th, 2016
By Seun Adebosin (BALTIMORE, MD AFRICAN EXAMINER) – South African Telecommunications multinational – MTN Nigeria, has indicated readiness to list its shares on the Nigerian Stock Exchange (NSE). The company’s resolve on the move was contained in a statement issued Thursday and signed by its Public Relations and Protocol Manager, Mr. Funso Aina. Aina informed […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, July 27th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – Although they are known with immense benefits, still, the effects of globalization, digitalization and technological disruption have been confirmed to pose serious challenges to businesses operating on the continent. The Chief Regions and Markets Officer of Allianz Global Corporate and Specialty (AGCS), Andreas Berger made the confirmation Tuesday in Sun […]
Posted by African Examiner
Business News, Featured, Latest Headlines, Maritime, News
Tuesday, July 26th, 2016
Ayodele Afolabi, Abuja ABUJA, NIGERIA (AFRICAN EXAMINER) – Senate President, Bukola Saraki, has advised the management and board of the Nigeria Liquefied Natural Gas (NLNG), to work towards ending the current 20 percent of gas being flared in the country, affirming if this is achieved, the activities of the gas company would be appreciated […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, July 25th, 2016
ABUJA, NIGERIA (AFRICAN EXAMINER) – The Presidency declared Sunday that President Muhammadu Buahri’s administration refused to include private investors in its economic management team owing to challenge of clash of interest. According to a statement, Mr. President’s aversion to inclusion of private businessmen in his Government’s economic team is based on the antecedent – where […]
Posted by African Examiner
Business News, Latest Headlines
Saturday, July 23rd, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – As far back as 2012 a survey of more than 10,000 Internet users in over 20 countries conducted by the Internet Society found that 83% of respondents agreed with the statement that “access to the Internet should be considered a basic human right,” so essential has the internet become to […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, July 21st, 2016
Zenith Bank Plc has again been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG. In the 2016 edition of the annual banking industry Customer Satisfaction Survey recently released, Zenith topped other Nigerian banks in the Customer Satisfaction Index (CSI) with a total of 74.6 points to clinch the prime position […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, July 20th, 2016
…Five year deal across 19 markets focused on driving financial inclusion in Africa United Bank Africa (UBA) and MasterCard have announced a partnership which will see UBA act as the issuer for MasterCard in 18 new markets in Africa. The partnership which came into effect in the second quarter of 2016 will see UBA issue MasterCard credit, debit […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, July 19th, 2016
Access Bank Group has donated N10 million to UNICEF towards reaching out to and highlighting the plight of vulnerable children, orphans and internationally displaced persons. This is part of the bank’s continued support of UNICEF along with 5th Chukker as it hosted the ‘Access Bank Polo Day’ at the Guards Polo Club, Windsor, United Kingdom over […]
Posted by African Examiner
Agriculture, Featured, Latest Headlines
Friday, July 15th, 2016
ABUJA, NIGERIA (AFRICAN EXAMINER) – Nigerian President Muhammadu Buhari said the country is in a hurry to see projects take off in the agricultural sector to enhance food security and create jobs for teeming unemployed youths. Buhari disclosed this Thursday at State’s House, Abuja, while receiving Ambassador Nasser Bourita, a Special Envoy of King Mohammed […]
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Business News, Latest Headlines
Wednesday, July 13th, 2016
*As Fitch affirms its stable on Viability Ratings (VRs) Lagos, July 13, 2016 – Nigeria’s premier financial Institution and most valuable bank brand, First Bank of Nigeria Limited, is targeting to grow its customer base by over 10 million new customers in the next three years. The expansion is in sync with the Bank’s financial […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, July 13th, 2016
As part of the initiative to widen the access and improve on the availability of cement in all parts of the country, Dangote Cement Ghana has procured 1,000 brand-new-trucks to facilitate the distribution of product into all parts of Ghana. With these, the Company has commenced the process of recruitment of drivers, truck driver assistants […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, July 12th, 2016
Nigeria, June 2016: A report by the global publishing firm Oxford Business Group (OBG) will examine the Central Bank of Nigeria’s monetary policy, reviewing the country’s recently-revised foreign exchange policy alongside broader efforts by the government to stimulate growth. The Report: Nigeria 2016 will include analysis of the country’s new floating foreign exchange policy, which was enacted in June by the central […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, July 7th, 2016
Heritage Bank Plc has announced a profit before tax of N1.5 billion for the operating year ended 2015. This was contained in the audited financial statement announced by the bank for 2015, which represents its first full operating year since its acquisition of former Enterprise Bank Plc in October 2014. The financial statement showed that […]
Posted by African Examiner
Banking & Finance, Business News, Featured, Latest Headlines, News
Monday, July 4th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) Monday confirmed the resignation of Mr. Timothy Oguntayo as the Chief Executive Officer (CEO) of Skye Bank and his replacement with Mr. Tokunbo Abiru. The change of baton followed the dissolution by the CBN of the Bank’s Board of Directors and Management Monday. CBN […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, June 28th, 2016
By Eric Ojo, Abuja The Managing Director of the International Monetary Fund (IMF), Christine Lagarde has applauded the new exchange rate policy in Nigeria which was introduced recently by the Central of Nigeria (CBN). Lagarde said the CBN’s decision to lead the country towards a direction of a more flexible exchange rate, according to her, […]
Posted by African Examiner
Business News, Latest Headlines
Monday, June 27th, 2016
*Increase Nigeria Competitive Power With efforts being diverted towards the diversification of the nation’s ailing economy, the Federal Government has described Dangote Fertilizer and Petrochemical projects as credible industrials undertaken capable of reducing poverty through generation of foreign exchange. Vice-President, Professor Yemi Osinbajo and President of Dangote Group, Aliko Dangote said the Dangote Refinery, Petrochemicals […]
