The African Examiner The President/CE of Dangote Group and philanthropist, Aliko Dangote who was recently ranked by Forbes as the most powerful and richest man in Africa has joined a growing list of global CEOs on the most popular micro blogging platform ‘Twitter’ with his verified account, @AlikoDangote. The business mogul who has become a […]
The focus of Dangote Group in empowering the youth and making them believe in themselves was well applauded by the Government of Cross Rivers State over the weekend, when the Group was described as corporate body with the best approach to youth empowerment and development in the country. The wife of the Governor, Barrister Obioma […]
Kayode Adelowokan, Lagos As work resumed today, Friday, December 27, 2013, after a two day holiday for this year Christmas, equity transactions on the Nigerian Stock Exchange (NSE) opened in an upward trend with the market indices growing by 0.94 per cent. africanexaminer.com gathered that the All-Shares Index rose by 373.43 points or 0.94 per cent […]
Kayode Adelowokan, Lagos In its drive to dominate the African market, Nigeria’s Guaranty Trust Bank Plc (GTbank) has acquired 70 percent (70%) in Fina Bank Limited, Kenya, with subsidiaries in Uganda and Rwanda. GTBank in a notice to the Nigerian Stock Exchange (NSE) following its letter dated July 16, 2013 informing the NSE of the […]
A month after sacking a good number of its workers, Keystone Bank Limited has again fired a significant number of its workforce -majority of the affected employees belonged to the senior management cadre. Keystone Bank, one of the three nationalized banks belonging to the Asset Management Corporation of Nigeria, had early this month laid off […]
Kayode Adelowokan, Lagos Following the window of opportunity released to telecommunication subscribers in Nigeria by the Nigerian Communication Commission (NCC) through the Mobile Number Portability (MNP) technology to dump their service provider for a better one, report have it that 60, 000, Nigerians had used the opportunity. According to a report, only 60,000 subscribers […]
Kayode Adelowokan, Lagos Following the recent unveiling of microinsurance business in Nigeria by National Insurance Commission (NAICOM), the Nigerian Council of Registered Insurance Brokers (NCRIB) has pledged its support to giving wings to the microinsurance initiatives to reach the grass root. President of the council, Mr. Ayodapo Shoderu disclosed this on Monday during his inaugural […]
Kayode Adelowokan, Lagos Owing to the challenges of claims settlement combating the Nigeria insurance industry, the Nigerian Council of Registered Insurance Brokers (NCRIB) has called on the National Insurance Commission (NAICOM) to issue a directive to underwriting companies on the need for prompt claims settlement to clients. The council President, Mr. Ayodapo Shoderu, said this […]
Kayode Adelowokan, Lagos Sovereign Trust Insurance Plc has again reiterated its commitment to full compliance with operational regulations through its effective Enterprise Risk Management, ERM frame work. In recognition of the exemplary ERM framework that the organisation has put in place, Conrad Clark Nigeria Limited, an Enterprise Risk & Management Consultancy Firm recently honored Sovereign […]
Muyiwa Bamidele, Abuja The Federation Accounts Allocation Committee has shared a total of N675.7 billion as statutory revenue allocation for the month of November. The minister of state for finance and Chairman of FAAC, Yerima Ngama said total revenue available for distribution among the three tiers of government, including the value added tax, VAT, collection of […]
IGNATIUS OKPARA, Enugu For failing to pay their various forms of taxes and approved levies, the Imo State government Thursday sealed up bank premises found wanting in Owerri, the Imo State capital, leading to the total paralysing of commercial and social activities in the area. However, the Governor Rochas Okorocha led government’s action compelled […]
Kayode Adelowokan, Lagos In a bid to bring sanity to end fake motor insurance certificates that flooded the country, the Nigerian Insurers Association (NIA), is set to launch the second module of the Nigerian Insurance Industry Database (NIID) in Marine business by first quarter of 2014. This is coming three years after the introduction of […]
Kayode Adelowokan, Lagos In its continued determination to decentralize its activities and bring it closer to the contributors and retirees, the National Pension Commission, (PenCom) has officially opened its North-West zonal office in Kano. The commission’s Head Communication Unit, Emeka Onuora disclosed this in a press statement made available to africanexaminer.com that the office has […]
President of Dangote Group, Aliko Dangote has advocated the introduction of backward integration policy in other critical sectors of the economy where the nation depends on heavy importation so as to boost local production and create more jobs for the populace. He described the policy as a good one for industrial revolution and referred to […]
…Demands SMEs Focus On Restructuring, Innovation Kayoed Adelowokan, Lagos Heritage Bank, in conjunction with Ruinart is set to sponsor a solo exhibition by Professor Bruce Onobrakpeya, renowned globally as one of Nigeria’s greatest experimental artists of all times. The solo exhibition billed for December1-15, 2013 at Temple Muse in Victoria Island, Lagos will showcase 63 […]
Kayode Adelowokan, Lagos Following the release of the results of the 2012 Annual Report & Accounts of some of the Underwriting Firms in the country who have also held their Annual General Meetings, Sovereign Trust Insurance Plc have demonstrated that there are great prospects for the company in the years ahead. The company said of […]
Kayode Adelowokan, Lagos Damming the on-going strike action of the Academic Staff Union of Universities (ASUU), the management of Enterprise Bank Limited has reaffirmed that the strike does not affect “The University Staff Cluster Loan,” which was launched recently. The product is designed to avail staff of Nigerian universities, both academic and non academic staff, personal […]
Kayode Adelowokan, Lagos Nestlé Nigeria is poised to break the world record for the longest breakfast cereal table. The historic event which will be the first world record attempt for Nestlé Nigeria will take place on Saturday 30 November at Cocoa Mall, Ibadan. Gerben Kamps, Category Business Manager, Nestlé MILO Crunchy Cereals said, “With this world […]
Kayode Adelowokan, Lagos Guaranty Trust Bank plc, one of the leading banks in Nigeria, has launched a new product called ‘GTExpress’ service. The GTExpress is a comprehensive agent banking service that allows customers access financial services at convenient locations. The bank disclosed this in a press statement made available to africanexaminer.com signed by the Head, […]
The African Examiner United Bank for Africa (UBA) Plc, the pan- African financial services group is delighted to announce the appointment of Ambassador Joe Keshi as Chairman of the Board. Ambassador Keshi was appointed to the Board of UBA in 2010 and was made Vice Chairman on January 1, 2011. He has over 35 years […]
