….As President Jonathan Commends Dangote The Dangote Cement has slashed cement price in an ongoing promo at the Kaduna 35th International Trade Fair. Customers will have the opportunity of buying the discounted product at the company’s pavilion, Cement Regional Sales Manager Obasola Alo said. The new promo liberalises the extant policy where customers who intend […]
By Muyiwa Bamidele, Abuja President Goodluck Jonathan has sent the name of Godwin Emeifele to the Senate to be confirmed as the substantive Governor of the Central Bank of Nigeria (CBN) In a letter read on the floor of the senate, President Jonathan told the senate that the tenure of the suspended CBN governor will […]
Kayode Adelowokan, Lagos FBN Holdings Plc has announced that its subsidiary, FBN Life Assurance Limited has acquired 4,630,595,326 ordinary shares of 50kobo each representing 71.2% of the total issued ordinary share capital of Oasis Insurance Plc. Oasis Insurance Plc is a general insurance company in Nigeria, licensed to carry on non-life insurance business in Nigeria, […]
As measures to deepen insurance penetration and provide adequate protection to workers in Nigeria, the National Insurance Commission (NAICOM) and the Nigeria Labour Congress (NLC) are set to collaborate on the implementation of Compulsory Group Life Insurance in Nigeria. This was disclosed recently by both parties when the Commissioner for Insurance, NAICOM, Mr. Fola Daniel, […]
First City Monument Bank Limited has partnered with the Trade Union Congress (TUC) and Rock of Ages Properties Limited to build 100,000 housing units for workers across the country. The Bank was selected based on its track record in projects financing in all sectors of the economy. Under the arrangement, which is to be executed […]
Ayo Balogun, Lagos Multi-billionaire and Africa’s richest man, Aliko Dangote is investing $9 Billion (N1.5 trillion) to establish the Dangote Refineries and Petrochemical Company at the Lekki Free Trade Zone, (LFTZ) Lagos Nigeria. Governor Babatunde Fashola led the billionaire to the LFTZ on Sunday for ceremony for the take-off of the multi-billion naira investment at […]
…Also in World Top 500 Banking Brands First Bank of Nigeria Limited, for the third consecutive year, has been ranked as Nigeria’s number one banking brand in the 2014 The Top 500 Banking Brands Ranking of the world just released by The Banker Magazine, Financial Times Group and Brand Finance in the United Kingdom. According […]
Kayode Adelowokan, Lagos Goldlink Insurance Plc is unarguably among the leading insurance companies in Nigeria owing to its prompt claims settlement, which stands it out among other underwriting companies in Nigeria. Goldlink Insurance is a financial institution driven by a passionate client-centered philosophy, licensed to underwrite all classes of Insurance. These include: Life & Pension […]
Kayode Adelowokan, Lagos As effort to strengthen the insurance industry in Nigeria, the British Insurance Brokers Association (BIBA) has promised to assist the Nigerian Council of Registered Insurance Brokers (NCRIB) in building the capacity of its members for effective insurance brokerage service delivery in the country. Towards this end, BIBA said it will continually avail […]
Dana Air on Wednesday added a Boeing 737-500 series aircraft, to boost its fleet and entire operations. According to Dana Air Relationship Manager, Mr. Samuel Ogbogoro, the latest addition is to further the continuation of its expansion plans, “with the additional aircraft coming into service, Dana Air will now operate an aircraft fleet comprising of […]
Ruth Bamidele , Lagos Nigerian Airspace Management Agency, (NAMA) says it spends about N200milion annually to calibrate navigational aids at 26 airports across the country. The announcement was made to newsmen on Tuesday in a release signed by the agency’s Public Relations Officer, Supo Atobatele. He further revealed that as part of the agency’s commitment […]
The Nigerian National Petroleum Corporation, NNPC on Tuesday dismissed an allegation by the Governor of the Central Bank, Mallam Sanusi Lamido Sanusi that it had not remitted $20 billion to the Federation account, saying that this is not the first time the CBN Governor had made wild allegations about the NNPC and has come to […]
The Nation’s foremost sugar refinery, Dangote Sugar has demonstrated its resolve to ensure the realization of the national sugar master plan as it takes delivery of farm machinery worth $35 million from Panafrican Equipment. The Panafrican Equipment Group is a recognized leader in providing mining and construction grade equipment and aftersales support solutions. Speaking at […]
The African Examiner Many Nigerians living in USA and Canada go extra miles to shop for quality phone cards with lots of minutes to call their businesses, families and friends back home. And unfortunately, many phone cards out there are just a big rip-off. Many problems associated with these phone cards include: poor call quality, […]
Kayode Adelowokan, Lagos As a way of reducing stress of flight bookings, Travelstart, has launched mobile phone flight booking services for travelers in Nigeria. With the service, Travelstart, Africa’s fastest growing global travel search site will be the first website in Nigeria to offer mobi-site bookings via mobile and tablet devices. The new version of […]
By Ignatius Okpara, Enugu Deputy Gov. Enugu state Deputy Governor, Mr. Sunday Onyebuchi on Tuesday described the evacuation of his poultry from his official residence in the Government House by officials of the Enugu Capital Territory Development Authority, ECTDA and Ministry of Environment as a wicked act and a clear exhibition of impunity by a […]
Kayode Adelowokan, Lagos The United Bank for Africa Plc (UBA) has extended US$700 million (N113 billion) in funding to different investors towards the acquisition of power assets in Nigeria’s recently privatized power sector. The Group Managing Director and Chief Executive Officer (GMD/CEO), UBA Plc, Mr. Phillips Oduoza, said this while speaking on the sidelines of […]
The Nigerian Export Promotion Council (NEPC) and the Iranian Embassy has agreed to collaborate to promote trade between both countries. This was disclosed by the Executive Director/CEO of NEPC, Mr. Olusegun Awolowo while receiving the Iranian Ambassador to Nigeria HE Saeed Koozechi in his Abuja office on Thursday January 23, 2014. Mr. Awolowo said the […]
Members of the Organised Private Sector (OPS) have described as unprecedented the institution and implementation of some economic policies of the federal government which have helped in reviving the hitherto moribund manufacturing sector of the economy. They said that the commitment to the effective implementation of the policies has led to phenomenal increase in the […]
In furtherance of the Group’s pan-African expansion drive, not less than five cement plants belonging to Dangote Cement and spread across five countries in Africa will be completed this year, the Company has disclosed. The plants at various stages of construction, according to the Group President and Chief Executive, Aliko Dangote will add about 13.5 […]
