BALTIMORE, MD. (AFRICAN EXAMINER) – Africa’s foremost cement manufacturer, Dangote Cement is set to commission its new 3.0 million metric tonnes per annum cement plant located in Mtwara District of Tanzania on October 10, 2015. The company will also hold the grounding breaking ceremony for 25 hectares of Jetty land at Mgao village in […]
Dana Air has announced its frequent flyer program: Dana Miles; which allows its guests to earn and redeem points or miles for travel across its route network. This initiative will enable Dana Miles members, access to upgrade their Dana Air tickets, gain extra baggage allowance, exchange miles for tickets, and get priority checking-in at the […]
BALTIMORE, MD (AFRICAN EXAMINER) – The Chief Operating Officer of the world’s biggest car manufacturer, Volkswagen (VW), Mr. Martin Winterkorn has resigned from his position, after the automobile giant was found guilty of manipulating the US diesel car emission test. Just last week, VW admitted that it deceived US regulators in exhaust emissions tests by […]
By Ayodele Afolabi, Abuja BALTIMORE, MD (AFRICAN EXAMINER) – A total of 18 states of the federation have so far been able to draw from the bailout fund arranged by the federal government. The Central Bank Governor (CBN), Mr. Godwin Emefiele, disclosed this on Thursday while briefing the National Economic Council (NEC). He said that […]
As the long holidays wind up, First Bank of Nigeria Limited, Nigeria’s most valuable bank brand is set to support schools and educational Institutions with their educational requirements to enhance preparations for a new school year. The Bank’s support for educational development of the child and the institution is an offshoot of the Bank’s focus […]
In line with its commitment to offer value-added products and services that suit the lifestyles of its customers, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has unveiled its integrated lifestyle mobile banking app, FirstMobile. The mobile banking app which is easy to use is another secure platform that allows customers to execute […]
FBN Holdings Plc, the leading and most diversified financial services group in Nigeria, today announced major changes to its leadership team, effective January 1 2016. Mr. Bello Maccido, pioneer Group CEO, FBN Holdings, is leaving his position to become pioneer Chairman of the newly-licenced FBN Merchant Bank Ltd, while Mr. UK Eke (MFR), currently Executive […]
By Ganiyu Nasirudeen – The Federal Inland Revenue Service (FIRS) has indicated interest to begin a special audit of companies operating in Nigeria. In a statement by FIRS Director of Communications and Servicom, Emmanuel Obeta, the agency clarified that decision to carry out the exercise was reached after a meeting between its Acting Executive Chairman, […]
Ayodele Afolabi, Abuja – The newly appointed Acting Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has embarked on a landmark collaboration with Audit Firms, Institute of Chartered Accountants, Tax Consultants and other professional Service providers in order to ensure increase in revenue collection. In the meeting held in Abuja recently, Fowler pointed […]
By Eric Ojo, Abuja – The Centre for Social Justice (CSJ), an indigenous non-governmental organization (NGO) has harped on the need for a robust and effective funding of the Nigerian Gas Master Plan (NGMP) in order to boost the revenue base of economy in the light of the dwindling oil prices at the international market. […]
By Tajudeen Balogun – The Central Bank of Nigeria (CBN) and International Finance Corporation (IFC), have advocated for use of the credit reporting system and a national collateral registry (NCR) to check difficulties being faced by Nigeria’s micro, small and medium enterprises (MSMEs) as well as ensuring that they access funds to develop their businesses. […]
Ayodele Afolabi, Abuja – Multichoice Nigeria Limited, a pay-media company which owns the Digital Satellite Television (DStv) brand, has indicated its unpreparedness to continue with the investigation of the activities of the brand by the Consumer Protection Council (CPC), occasioned by complaints alleging consumer rights violations. However, a statement by the Head Media and Pubic […]
Lagos Nigeria, 25th August, 2015: FBN Capital Limited has announced the successful conclusion of the Series 1 Bond Issuance offer for the Cross River State Government, under its N40 billion bond issuance program. The 7-year tenured Bonds with maturity due in 2022 were issued via a Book Building process by FBN Capital Limited, following its […]
*Governor Commends Initiative In continuation of its efforts aimed at creating wider access to health care for less privileged Nigerians, Dangote Foundation at the weekend took free health care services to the door steps of the vulnerable and poor ones in Katsina state. Thousands of ailing people, including sickly elderly and malnourished children alike trooped […]
Nigeria’s most valuable bank brand, First Bank of Nigeria Limited, through its Sustainability Centre, FirstBank Sustainability Centre (FSC) has partnered with the Lagos Business School to host a Sustainability workshop for SME practitioners in Nigeria. The objective of the workshop is to drive home the need for SME entrepreneurs to embed sustainable practices into their […]
Pan-African Financial Services group, United Bank for Africa (UBA) Plc was on Saturday, August 8, 2015 honoured with an award as Nigeria’s biggest lender to agriculture. The award was conferred on the bank by the Lagos Chamber of Commerce and Industry (LCCI) at the chamber’s annual commerce and industry awards night. The LCCI awards night […]
True to its quest to deepen the SME space and make it accessible to more business start-ups, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has commenced the sponsorship of an SME Radio programme, The Economy & You! The programme, which will run concurrently on www.edcradioonline.com every Thursday at 3pm and Rhythm FM […]
Ayodele Afolabi, Abuja – Senators revealed on Thursday that a whopping sum of N585 billion was lost by the federal government of Nigeria from 2011 to 2014 to indiscriminate waivers granted on importation of rice and other agricultural products. This shocking revelation was made on the floor of the senate when a motion on Indiscriminate […]
NAIROBI, Kenya, July 27, 2015 — An impressive collection of organizations have come together to answer President Barack Obama’s call at the Global Entrepreneurship Summit yesterday in Nairobi, Kenya, to advance entrepreneurship and economic growth around the world. Representatives of the Global Entrepreneurship Network (GEN), Entrepreneurs’ Organization (EO) and Tony Elumelu Foundation (TEF) participated in […]
The Corporate Council on Africa (CCA), the premier American organization devoted to US-Africa business relations, on Wednesday refuted the report alleging that President Buhari questioned the participation of Mr Tony Elumelu and other Nigerian business leaders in the meeting hosted by the U.S Chambers of Commerce in partnership with the CCA for the visiting Nigerian […]
