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 […]
Posted by African Examiner
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 […]
Posted by African Examiner
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, […]
Posted by African Examiner
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 […]
Posted by African Examiner
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 […]
Posted by African Examiner
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 […]
Posted by African Examiner
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 […]
Posted by African Examiner
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 […]
Posted by African Examiner
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) […]
Posted by African Examiner
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 […]
Posted by African Examiner
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 […]
Posted by African Examiner
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, […]
Posted by African Examiner
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 […]
Posted by African Examiner
Business News, Latest Headlines
Tuesday, August 19th, 2014
The Federal Government has promised to establish a Wholesale Development Finance Institution (DFI), which will cater for provision of a long term funds of 15 years for the nation’s Micro, Small, and Medium Enterprises (MSMEs), industrial development and economic growth. President Goodluck Jonathan made the pledge on Tuesday while declaring open 8th Annual MSME Confrence, […]
Posted by African Examiner
African News, Aviation, Featured, Latest Headlines
Tuesday, August 19th, 2014
Some Air France flight crews are refusing to board planes bound for Nigeria, Guinea and Sierra Leone and over fears of the Ebola outbreak, the airline said Tuesday. Cabin crew scheduled to work on some flights “have not wanted to carry out their assignment”, a spokesman for the company told AFP. He refused to be drawn […]
Posted by African Examiner
Business News, Latest Headlines
Friday, August 8th, 2014
The Group Managing Director/CEO, UBA Plc Mr. Phillips Oduoza has called on financial institutions in Africa to seize the opportunity provided by the President Obama led US-Africa Business Leaders Summit and the enthusiasm about Africa, to grow capacity. According to him, much of the challenges of financing growth and development on the continent lie in […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Tuesday, August 5th, 2014
To improve investments in Africa, US president Barrack Obama has announced $33 billion to boost economies in African countries. Speaking Tuesday at the ongoing US-African summit in Washington DC, President Obama said the money which bulk of it comes from private sector, is aimed at shifting ties with Africa beyond humanitarian aids. The bulk of […]
Posted by African Examiner
Business News, Latest Headlines
Monday, August 4th, 2014
Dangote Industries Limited (DIL) at the weekend signed a memorandum of understanding (MOU) with Federal Ministry of Agriculture and Rural Development (FMARD) to invest $1 Billion (N165 billion) for the establishment of fully integrated rice production and processing operations across Nigeria. President Goodluck Ebele Jonathan presided over the signing of the MOU. The signing of […]
Posted by African Examiner
Business News
Thursday, July 31st, 2014
Ecobank, Thursday declared a half-year profit after tax of N31.62 billion at the Nigerian Stock Exchange (NSE). This is up 16 percent from the N27.52 billion posted same period last year. Gross earnings rose to N225.261 billion compared to the N199.170 billion the pan-African lender posted in June last year. But when compared to its […]
Posted by African Examiner
Business News
Thursday, July 31st, 2014
Cadbury Nigeria plc, has recorded a 50 percent profit drop in half year 2014 The company’s revenue fell 12 percent from N17.43 billion to N15.25 billion in the same period of the corresponding year (HY) 2013. Profit before tax (PBT) reduced 50 percent to N1.79 billion in HY 2014, as against N3.58 billion as of […]
