Posted by African Examiner
Business News, Energy, Latest Headlines
Sunday, February 21st, 2016
Ayodele Afolabi, Abuja ABUJA, NIGERIA (AFRICAN EXAMINER) – After an extensive investigation, the Consumer Protection Council (CPC) has said that it has substantiated allegations of violations of consumer rights by MultiChoice Nigeria Limited in the provision of its Digital Satellite Broadcast Television (DStv) service. A statement from the office of the Director General, Dupe Atoki […]
Posted by African Examiner
Business News, Latest Headlines
Sunday, February 14th, 2016
*As Fed Govt Charges Him to Take Lead in Rice Revolution *To Provide 10,000 jobs for the rural populace As the Government turns attention to agriculture to ease the pressure on the economy and create jobs, President of Dangote Group at the weekend flagged off his multibillion Naira 8000 hectares of Rice Outgrowers Scheme in […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, February 9th, 2016
LAGOS, NIGERIA (AFRICAN EXAMINER) – Consistent with its continued support for the sustainable development of the Small and Medium Enterprises (SMEs) sectors of the Nigerian Economy, First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable bank brand, has unveiled its new proposition to its customers with the ‘WE CAN […]
Posted by African Examiner
Business News, Latest Headlines
Sunday, February 7th, 2016
…To raise production capacity by 9mmtpa BALTIMORE, MD (AFRICAN EXAMINER) – In a deft move to consolidate on its leadership in the cement sector, Dangote Cement Plc has announced the commencement of the construction of new cement plants in two communities in the country. The new plants are expected to add 9 million metric tonnes […]
Posted by African Examiner
Business News, Latest Headlines
Saturday, February 6th, 2016
Ayodele Afolabi, Abuja. ABUJA, NGERIA (AFRICAN EXAMINER) – President of the Senate, Bukola Saraki has ruled out the possibility of reversing the Central Bank of Nigeria (CBN) policy excluding some imported goods and services from the list of items valid for forex in the Nigerian Foreign Exchange Market. Saraki, while responding to a request by the […]
Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Sunday, January 31st, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – First Bank of Nigeria Limited has retained its number one banking brand ranking in Nigeria for the fifth consecutive year in the 2016 The Banker and Brand Finance Top 500 Banking Brands in the world. According to the 2016 Top 500 banking brands ranking published in the February edition of […]
Posted by African Examiner
Business News, Latest Headlines
Friday, January 29th, 2016
First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mrs. Olusola Adetoun Oworu (FCA) to its Board of Directors as an Independent Non-Executive Director, and the retirement of Alhaji Mahey Rafindadi Rasheed, OFR and Mr. Adetokunbo Abiru from the Board. Mrs Oworu’s appointment, which is […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, January 27th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja said that N387.8 billion was shared among the federal, states and local governments as revenue for December, 2015. Adeosun, who was represented by the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, announced this while addressing newsmen on the […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, January 26th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – The Tony Elumelu Foundation and United Bank for Africa Plc (UBA) partnered with the United States Department of Commerce to host a panel and roundtable discussion between members of the U.S. Presidential Council on Doing Business in Africa (PCDBIA)and a diverse community of African entrepreneurs. The 11 person U.S. delegation, […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, January 21st, 2016
With the risks posed by macro economy; market development as well as high level of corruption over the years in the country, Nigeria has been certified to possess the human potential to check the devastating impacts of the sharp practices on the country as well as largely revamp the socio-economic sectors on a long term. […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, January 21st, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – Philanthropic Nigerian business mogul, Tony Elumelu, is set for a discourse on how to scale clean-energy investment to meet developing-country needs on a panel at the World Economic Forum (WEF) in Davos, Switzerland, on Friday, 22 January 2016. Elumelu, who is the chairman of Heirs Holdings and founder of the […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, January 20th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – The Lagos State Governor, Mr. Akinwunmi Ambode, has welcome with joy and enthusiasm the admission of Lagos State as the 6th member of the Odu’a Group, describing it as a major landmark in the effort of the South-West States of Nigeria towards regional integration. A statement issued on Wednesday by […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, January 20th, 2016
By Ayo Balogun, Lagos BALTIMORE, MD (AFRICAN EXAMINER) – As security agencies intensify the search for culprits behind the act, it has been established that the weekend’s attack on the Nigeria Gas Company’s pipeline connected to Chevron Nigeria Limited’s facility at Escravos, will impact negatively on the Olorunsogo NIPP plant (capacity 600MW), and other Power […]
Posted by African Examiner
Business News, Latest Headlines
Monday, January 18th, 2016
*Introduces elegant blue and white packaging, assures of superior product quality NASCON Allied Industries the leading player in the Nigerian salt market, and a subsidiary of the Dangote Group has announced the launch of its rebranded flagship product, Dangote Salt. Dangote Salt which comes in 250g, 500g and 1kg poly bags (sachets) is extra refined […]
Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Sunday, January 17th, 2016
By Eric Ojo, Abuja The International Monetary Fund (IMF) has said that the ripples generated by the relative economic slowdown in China may have some negative impacts on the economies of countries in the African continent. The Fund noted that Africa is affected by changes in China’s economic dynamics because she is currently the continent’s […]
Posted by African Examiner
Featured, Latest Headlines, Money & Capital Market
Thursday, January 14th, 2016
Ayodele Afolabi, Abuja The Senate has summoned the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele to appear before it on next week Tuesday to give explanations on reasons behind the continuous depreciation of Naira against the Dollar in the FOREX market. The decision followed a Point of Order raised by the […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, January 13th, 2016
BALTIMORE, MD (AFRICAN EXAMINER) – The cable news channel Al Jazeera America, which debuted in 2013 to great fanfare when it promised to cover American news soberly and seriously, will be shutting down by the end of April. The move was announced at a companywide meeting on Wednesday. In a memo to the staff, Al […]
Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Tuesday, January 12th, 2016
The Central Bank of Nigeria, CBN, has stopped, with immediate effect, the sale of foreign exchange, forex, to Bureaux de Change, BDCs, as part of measures to reduce the pressure on the nation’s foreign reserves. The reserves, which closed last year at $28.364 billion, dropped last weekend to $28.193 billion, showing a depletion by $170 […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Thursday, January 7th, 2016
Ayodele Afolabi, Abuja The Senate has urged the Central Bank of Nigeria (CBN) to relax its strict Foreign Exchange policy as it is doing more harm to the economy than good. Senate President Bukola Saraki during a meeting with the Managing Director of the International Monetary Fund (IMF), Christine Lagarde said small businesses especially, are […]
Posted by African Examiner
Business News, Latest Headlines, News From The State
Thursday, January 7th, 2016
Baltimore, MD (African Examiner) – The Peoples Democratic Party (PDP) Wednesday said that the success of Saturday’s supplementary polls in Bayelsa State would be determined by the Federal Government, security agencies and the Independent National Electoral Commission, (INEC). Even with the deployment of 5,000 policemen, stakeholders are still being skeptical as to the preparedness of […]
