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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 […]
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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 […]
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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 […]
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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, […]
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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 […]
Posted by African Examiner
Banking & Finance, Business News
Monday, October 20th, 2014

The management of the Heritage Banking Company Limited has distanced itself from the information, relating to the ongoing nationwide online recruitment registration exercise by it. In a press release signed by the Head, Media Research and Analysis (Heritage’s PR firm), Ganiyu Olowu, the Bank stated its attention has been drawn to information making the rounds on social media, recruitment portals/blogs […]
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Business News, Latest Headlines
Thursday, October 16th, 2014

Customers in Nigeria can now send funds to more than 200 countries and territories at FirstBank branches Lagos, Nigeria – October 16, 2014 – First Bank of Nigeria Limited (FirstBank), Nigeria’s largest banking institution, and MoneyGram International, a leader in money transfer and global payment services, Thursday announced the launch of outbound remittance service in […]
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Business News, Latest Headlines
Wednesday, October 15th, 2014

Ayodele Afolabi, Abuja. Indication emerged yesterday that the parameters upon which the 2015 budget profile would be based when finally submitted to the National Assembly by President Goodluck Jonathan were yesterday stated in the 2015 -2017 Medium Term Expenditure Framework and Strategy Paper (MTEF) already forwarded to the Senate. In the 22- page MTEF document, […]
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Banking & Finance, Business News, Latest Headlines, News
Friday, October 10th, 2014

By Niyi Adeyi Following approval by the apex Bank, the Nigerian second operator of outbound money transfer services, MoneyGram, will soon kick-start its extended services from Nigeria to over 200 countries. In a press release sent to the AFRICAN EXAMINER, there are strong indications that the new services will take off next […]
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Business News, Latest Headlines, Uncategorized
Tuesday, October 7th, 2014

Oyewale Oyelola Nigerian Minister of Trade and Investment, Olusegun Aganga has called for economic integration among African nations to boost economic activities in the continent. Aganga said economic cooperation of African countries would give Africans opportunity to develop their economy, thereby reducing the influence of western nations in the continent. He said Ministers of investment/Trade/Finance […]
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Agriculture, Featured, Latest Headlines, News, News From The State
Wednesday, September 24th, 2014

Agabus Pwanagba In its efforts to boost agriculture in Adamawa State, the Federal Government said over 600,000 farmers will benefit from fertilizer subsidy under the Federal Government Growth Enhancement Scheme (GES) this year. A Director in the Federal Ministry of Agriculture and Rural Development, Dr. Walia Hamman, made the disclosure Wednesday during the flag-off […]
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Brands & Marketing, Business News, Latest Headlines
Monday, September 22nd, 2014

…Urges Nigerians To Have Faith In Nation’s Economy President of Dangote Group and Chairman of Dangote Cement Plc, Aliko Dangote has urged Nigerians to see the currently challenges being faced by the country as a passing phase which which make the country to be more economically stronger in the future. Dangote who has always expressed […]
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African News, Business News, Latest Headlines, News
Friday, September 19th, 2014

Oyewale Oyelola The Nigerian government has been advised to invest on infrastructures to aid e-commerce operation in Nigeria so as to boost her economic growth. The Chief Executive Jumia Nigeria, Nicolas Martin stated this while speaking on potential of e-commerce for economic development. Martin added that the e-commerce has potential of contributing about $500milliin […]
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Banking & Finance, Business News, Press Releases
Tuesday, September 16th, 2014

United Bank for Africa (UBA) Plc in partnership with Verve International has launched an offer tagged “UBA Verve Rewards” in which Cardholders could win e-cash, free airtime, Nokia mobile phones and up to N35,000 cashback Cardholders who use their UBA issued Verve cards to initiate a minimum of five POS or VAS (value added service) […]
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Business News
Sunday, September 7th, 2014

The Management of Dansa Foods Limited and Bulk Pack Services Limited, over the weekend, assured their customers and other vendors of stability in their operations despite last week’s Court order restraining the company’s operations with their banks. Company Secretary and Legal Adviser to Dansa Foods Limited, Mohammed Shitu Jibril described the court’s interim injunction as […]
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Business News, Latest Headlines
Monday, September 1st, 2014

Oyewale Oyelola Dangote Cement Plc has assured Nigerians that the price of cement will soon reduce due to increase production in all its three key plants in the country with simplify distribution network. The company in a statement made available to African examiner on Sunday said the planned production increase would result to crash the […]
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Business News, Latest Headlines
Monday, August 25th, 2014

The Board of United Bank for Africa Plc (UBA) has announced the appointment of Mr. Tony O. Elumelu, C.O.N. as Chairman, succeeding Ambassador Joe Keshi. Mr. Elumelu is Chairman/CEO of Heirs Holdings, the pan-African proprietary investment company, founded by Mr. Elumelu in 2010, which holds stakes in a number of leading African businesses, including Transcorp, […]
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Business News
Friday, August 22nd, 2014

Maya looked on admiringly as the shark swam majestically. Then it turned and started swimming towards her. The shark’s eyes locked with her eyes, her heart started beating fast. She felt her limbs go limp. Everywhere was dark and all she could see was the sharp piercing eyes of the shark as it swam towards […]