By Ayo Balogun LAGOS, NIGERIA (AFRICAN EXAMINER) – Minister of Power, Works and Housing, Mr. Babatunde Fashola has advised industrialists, directors and other employers of labour in the country not to panic or downsize their staff in the face of current power supply challenges, indicating that the Federal Government has put a roadmap in place […]
BALTIMORE, MD (AFRICAN EXAMINER) – United Bank of Africa, UBA, has refreshed its PayAttitude tag design with the introduction of a new branded tag. The new tag which reflects the brand identity of UBA replaces the former tags being issued. Customers of the bank can continue to enjoy 100% success on their POS transactions with UBA […]
ABUJA, NIGERIA (AFRICAN EXAMINER) – The Assets Management Corporation of Nigeria (AMCON) has ordered the closure of Silverbird group buildings in Lagos and Abuja. The Abuja seven-storey edifice which houses radio and Television as well as other companies was sealed following a court order obtained by the Federal Government (FG) agency. The security operatives closed […]
First Bank of Nigeria Limited, the most valuable bank brand in Nigeria, has created a value-chain of support for the interests and activities of its customers. With varying categories of products and services to support businesses across market segments, the Bank is set to ensure that its customers’ lifestyles align with their planned scripts for […]
British Airways is evaluating its routes to Nigeria, adding to aviation-industry pressure on the government as sister carrier Iberia and U.S. competitor United Airlines halt flights to the oil-based market as traffic stutters and currency controls delay access to revenue. The U.K. carrier is struggling to repatriate its share of the $575 million that Nigeria currently […]
BALTIMORE, MD (AFRICAN EXAMINER) – United Airlines will stop flying to Nigeria next month, ending the carrier’s only route to Africa because of weakness in the energy sector and difficulties in collecting money from tickets sold in that country. The daily route from Houston to Lagos had underachieved for years but was kept alive because […]
Lusaka, Zambia, May 24 – At the 51st Annual meeting of the board of governors of the African Development Bank (AfDB), African philanthropist Tony Elumelu, urged the private sector to tackle unemployment among African youths on the continent. Mr. Elumelu, the Chairman of United Bank for Africa (UBA) and pan-African investment company Heirs Holdings said during […]
BALTIMORE, MD (AFRICAN EXAMINER) – Pan African banking group, United Bank for Africa (UBA) Plc has partnered Konga, Nigeria’s leading e-commerce company and Innovectives Nigeria Limited to create a seamless delivery and payment system by integrating mobile point of sale solution into Konga’s delivery system. Mobile POS (mPOS) which is powered by UBA PLC and MasterCard […]
By Eric Ojo, Abuja The Federal Government has reassured stakeholders and key players in the manufacturing sector of the Nigerian economy of its commitment to fixing the problem of power shortage in the country. The government said the tough conditions that manufacturer’s face in Nigeria notably inadequate power is one of its top priorities, adding […]
BALTIMORE, MD (AFRICAN EXAMINER) – Multinationals operating in Nigeria have been urged to deploy the use of available Information and Communication technology (ICT) infrastructures to achieve their respective business goals. Vice President, Head of Africa Emerging Markets and Indirect Channels, Orange Business Services, Giorgio Heiman, made the call at the formal launch of the Orange […]
Small and Medium Scale Enterprises (SMEs) are considered pivotal to national development, However, to what extent do they play this role in ensuring the sustainable economic growth of the nation, especially at a time when the Nigerian government is looking to diversify its income stream. Presently, there are many SME entrepreneurs with a myriad of […]
Lagos, Nigeria, 17 May, 2016 – United Bank for Africa PLC, the leading pan Africa banking group, with operations in 19 African countries and presence in the London, Paris and New York, is pleased to announce the following executive management appointments, subject to the approval of the Central Bank of Nigeria: Ayo Liadi; Oliver Alawuba; […]
An address by SENATOR UDOMA UDO UDOMA, Honourable Minister of Budget and National Planning, 12TH MAY 2016 PROTOCOLS It is my pleasure to welcome you all to this presentation on the 2016 Federal Government Budget – the first full year Budget of this administration which was recently signed into law by the President. My profound appreciation […]
BALTIMORE, MD (AFRICAN EXAMINER) – It is Sunday, the 15th day of the month and Tunji needs some quick cash to pay his mechanic, who just fixed his car after it developed a shaft problem in the morning. He walks to the closest ATM with the mechanic trudging behind, inserts his card and beholds the […]
Johannesburg – MTN Group on Wednesday announced the appointment of Babak Fouladi as Group Executive: Technology and Information Systems. In this role, Fouladi will lead the delivery of MTN’s network and information technology strategy across the Group. On joining MTN, he will temporarily assume responsibility for the vacant Chief Technology Officer role in MTN South […]
By Ayo Balogun, Abuja ABUJA, NIGERIA (AFRICAN EXAMINER) – The Central Bank of Nigeria has said it has begun investigation into questionable financial transactions in some commercial banks. A statement issued by the bank’s acting Director, Corporate Communications, Mr Isaac Okorafor, on Monday, said the apex bank is working in collaboration with law enforcement agencies […]
BALTIMORE, MD (AFRICAN EXAMINER) – The Lagos State Government generated a total revenue of N101.69bn in the first quarter of 2016 out of which a surplus of N4.85bn was realized as against an expected N29.92bn deficit, the State’s Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade said on Monday. Speaking at the ongoing Ministerial […]
BALTIMORE, MD (AFRICAN EXAMINER) – Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday afternoon raided the head office of Access Bank in Victoria Island, Lagos. The anti-graft agency, which has been carrying out investigations on alleged abuse of funds under the last administration, extended its dragnet to the banking sector recently. It […]
Consistent with its thought leadership stance and commitment to drive sustainable national economic development, Nigeria’s premier bank and most valuable banking brand First Bank of Nigeria Limited, has partnered the Katsina State Government in hosting the Katsina Economic Investment Summit with the theme: “Unlocking Investment Potentials for Sustainable Development“ This summit scheduled to hold from […]
*As Elumelu reconfirms Africa network as strategic priority, pledges further capital for African growth The United Bank for Africa (UBA) Group recently held its first ever Senior Leadership Forum reflecting the strategic importance and growth potential of its pan-African business. UBA Group Chairman Mr. Tony O. Elumelu convened the Forum to review the impressive growth […]
