Posted by African Examiner
Banking & Finance, Business News, Latest Headlines
Thursday, January 1st, 2015
Firstbank Partners Etisalat To Promote The Use Of STK Menu By Mobile Money Users On Firstmonie And Easywallet In recognition of continued efforts to drive financial inclusion, lead innovation in mobile payment systems and support the CBN cash-less policy, First Bank of Nigeria Limited and Etisalat Nigeria have partnered to make mobile payments more accessible […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, December 31st, 2014
This is despite efforts by the Management of the Bank to cover up the Multi Billion naira fraud mortgage finances and deductions from Civil Servants and the frantic efforts by Kumo to retain his seat. Reports from Abuja have it that the ground is sinking around the entire management as recent payment ordered by the […]
Posted by African Examiner
Business News, Latest Headlines
Monday, December 22nd, 2014
The first set of the Dangote Cement bags, the 3x Premium, will hit the Cameroun market in January 2015, the management of the company has said. Conducting the Cameroonian media round the 1.5 million metric tonnes per annum capacity plant in Douala, the General Manager of the Plant, Engineer Baba Abdullahi said the plant was […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, December 16th, 2014
Ayodele Afolabi, Abuja – The Federal Government has slashed the 2015 capital projects proposed expenditure by N581 billion. This is just as the 2015 budget estimates by the federal government was reduced further by N304 billion. The reason for this according to President Goodluck Jonathan is the continuous fall in international oil price, hence the […]
Posted by African Examiner
Business News, Latest Headlines
Thursday, December 4th, 2014
Ayodele Afolabi, Abuja – Worried by the activities of tax defaulters in the Federal Capital Territory (FCT), the Federal Inland Revenue Service (FIRS) on Thursday clamped down on ten companies in the FCT for failure to file tax returns and remit collected revenues to offset their outstanding tax liabilities. The companies in question owing the […]
Posted by African Examiner
Business News
Thursday, December 4th, 2014
The economic benefit of telecommunications is enormous, both as a growing industry in its own right and in terms of its influence on economic development. Telecommunications is making the world a smaller place and creating new information highways of high speed electronic data exchange. The economic implication of ICT are far-reaching; mobile telephones, satellite television […]
Posted by African Examiner
African News, Business News, Latest Headlines
Monday, December 1st, 2014
Johannesburg – MTN Group on Monday announced the launch of a mobile money cross-border remittance service between Ivory Coast and Benin, to further enable the cheaper and easy movement of money in the West Africa region. The Ivory Coast-Benin mobile money cross-border corridor follows the successful introduction of a similar service in April this year […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Friday, November 28th, 2014
London, England, November 27, 2014 — United Bank for Africa (UBA) Plc, one of Africa’s largest financial services institutions, swept the global banking awards in London Thursday, winning in five categories to become one of the highest single winning bank brands at this year’s awards. During the event, organized annually by The Banker magazine, UBA […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, November 25th, 2014
Ayodele Afolabi, Abuja. The Central Bank of Nigeria has devalued the naira and increase interest rate for the first time in three years following the dwindling oil prices in the international market. The Apex Bank which made this known in Abuja on Tuesday said the rate was raised by 100 basis points to a record […]
Posted by African Examiner
Business News, Latest Headlines
Sunday, November 23rd, 2014
Ayodele Afolabi, Abuja The Federal Inland Revenue Service (FIRS), in a week-long tax enforcement drive,has quizzed top officials of 15 companies operating in Kano metropolis for failing to file their tax returns, remit tax revenue and offset their outstanding tax liabilities. As statement signed by Emmanuel Obeta, Director, Communications and Liaison Department of FIRS in […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, November 19th, 2014
Ayodele Afolabi, Abuja As a result of drastic fall of price of oil in the international market, which has dropped, from about $100 per barrel, President Goodluck Jonathan has proposed a drastic review of key parameters upon which the 2015 budgets estimates were to be based. Jonathan had in an earlier letter forwarded to the […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, November 18th, 2014
Lagos; 17-11-2014; Women who chose Ruby, a female focused current account offered by pan-African bank, United Bank for Africa (UBA) Plc, will now enjoy more perks as the bank has expanded its list of exclusive partners offering special services to its female account holders. Ruby is a current account offered by UBA exclusively to its […]
Posted by African Examiner
Business News, Latest Headlines, Money & Capital Market
Sunday, November 16th, 2014
From Ganiyu Nasirudeen Against the backdrop of backward trend of the crude oil prices in the global market, the Federal Government has announced resolve to address the issue with a view to shield the country’s economy from the imminent and attendant negative impacts. In line with this, Minister of Finance, Dr.Ngozi Okonjo-Iweala, hinted Sunday at […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, November 12th, 2014
Professor Anil Gupta, International expert on strategy, globalization and emerging markets, has urged Nigeria to embrace the manufacturing sector and rise above its present celebratory tag of fastest ‘emerging’ economy. In his i paper titled ‘The rise of Nigeria and the task ahead’, presented at FBN Capital’s 4th Annual Investor Conference themed ‘Lifting the lid on […]
Posted by African Examiner
Business News, Latest Headlines, Press Releases
Monday, November 10th, 2014
FBN Holdings Plc (‚FBN Holdings‛) is pleased to announce that, together with its wholly-owned subsidiary, FBN Capital Limited, it has completed the acquisition of a 54% equity interest in Kakawa Discount House Limited (‚Kakawa‛). Consequently, FBN Holdings is now the beneficial owner of 100% share capital of Kakawa Discount House Limited. This acquisition represents a […]
Posted by African Examiner
Brands & Marketing, Business News, Latest Headlines, Press Releases
Monday, November 10th, 2014
Amidst expression of surprise in the market, the Management of Dangote Cement Plc at the weekend assured that it would evolve a monitoring process that will ensure that profiteers do not hijack the new price cut so that it would benefits the end users of the commodity. Speaking in Lagos while unveiling its new cement […]
Posted by African Examiner
Business News, Latest Headlines
Wednesday, November 5th, 2014
A leading new generation money market institution, Access Bank has announced registration of its customers for its expansive online and mobile banking services. In a press statement by the bank, Access online and mobile banking was powered to take care of late transactions and last minute transactions in any hour of the day, using a […]
Posted by African Examiner
Business News, Latest Headlines, World News
Tuesday, November 4th, 2014
After 13 years of fatal destruction of its original towers in the 9/11 terrorists’ attack saga, the New York’s World Trade Center has re-opened for business and renamed “One World Trade Center.” The workers in different firms of the 104-storey skyscraper have started moving into the building which re-construction gulped estimated $3.8bn and lasted for […]
Posted by African Examiner
Business News, Latest Headlines
Monday, November 3rd, 2014
Oyewale Oyelola The largest cement producer in Nigeria, Dangote Cement Plc has reduced the price of cement a 50kg bag of the 32.5/42.5 cement grade from N1,750 to N1,000. The Group Managing Director, Dangote Cement, Mr. Devakumar Edwin announced the price regime in a statement made available to AFRICAN EXAMINER on Sunday. According to Edwin, […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Monday, October 27th, 2014
The Federal Government has dragged the Nigerian Bottling Company (NBC) and Coca-Cola and their Chief Executives before a Federal High Court in Abuja for criminal breach of the Consumer Protection Council (CPC) Act. The Attorney General of the Federation, Mr. Mohammed Bello Adoke, in the charges filed before the court, has preferred a one-count charge […]
