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Economy: Dangote Lauds Backward Integration Policy, Canvases Its Introduction In Other Sectors

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 […]

Heritage Bank Sponsors Bruce Onobrakpeya Solo Exhibition

…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 […]

Sovereign Trust Insurance Leads The Pack, Drives Operational Efficiency

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 […]

‘Enterprise Bank Loans Still Available To Varsity Staff’

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 […]

Nestlé Nigeria Sets to Break World Record

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 […]

GTBank Launches GTExpress Service

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, […]

United Bank for Africa Appoints Ambassador Joe Keshi as Chairman

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 […]

Chartered Insurance Institute of Nigeria Gets New DG

Kayode Adelowokan, Lagos The Chartered Insurance Institute of Nigeria (CIIN) has announced Mr. Kolawole Raheem Ahmed, as the new Director General for the institute following the retirement of the erstwhile Director General, Mr. Adegboyega Adepegba. CIIN told African Examiner that prior to his appointment, Raheem had run the secretariat of the premier professional body in an […]

West African Insurers Hosts International Conference on Monday

Kayode Adelowokan, Lagos The West African Insurers Companies Association (WAICA) has concluded plans to host a three day international educational Conference from November 24 to 26 in Lagos. The theme of the 2013 WAICA Educational Conference is: An Integrated and Harmonised Insurance Industry in West Africa”. The Secretary General of WAICA, William Coker, in a press statement […]

Royal Exchange Group Head Corporate Communications is Dead

Kayode Adelowokan, Lagos Royal Exchange Insurance Plc has announced the passing away of its Group Head, Corporate Communications, Mr. Austin Agbareh, which sad event occurred on Wednesday, November 20, 2013, in India where he was receiving treatment for an ailment. Agbareh was 56 years. He joined the Royal Exchange family on April 6, 2010 as the […]

Traditional Ruler Endorses Insurance For Risk Mitigation

Kayode Adelowokan, Lagos The campaign for enhanced insurance awareness in Nigeria has received a boost with the endorsement of insurance as a pivotal risk mitigation device by the Alake of Egbaland, Oba Adedotun Aremu Gbadebo. Speaking while receiving a delegation of the Nigerian Council of Registered Insurance Brokers (NCRIB), led by its President, Mr. Ayodapo […]

GoldenTree Expands Its Market Position

Kayode Adelowokan, Lagos A Cocoa Processing Company (CPC) located in Ghana, the producer of GoldenTree chocolate confectioneries and other semi-finished cocoa products, has further expanded its leading market position in Africa, with its participation at the Lagos International Trade Fair. Speaking at the GoldenTree Partners’ Forum recently held in Lagos, the company’s Marketing Manager, Genevieve […]

Exclusive: Operators Accuse National Insurance Commission of Extortion

…We’re Only Enforcing Laws, Says Commission Kayode Adelowokan, Lagos Suffering and Smiling. That was the base of afro-beat legend, Fela Anikulapo-Kuti’s position on the state of things in the nation’s economy. That was to reverberate in the unofficial second ‘money market’ in the country in the wake of the meltdown rocking the undercurrents of the […]

General Electric Shines at UN 2013 Global Leadership Award

Kayode Adelowokan, Lagos A leading infrastructure and technology company, General Electric Africa has been honored at the United Nations 2013 Global Leadership Awards Dinner in New York, USA. The award is in recognition of GE’s commitment to the “Every Women Every Child” (EWEC) initiative championed by the UN Secretary General, Mr. Ban Ki-moon, as well […]

Reps Set To Probe Nigerian Ports Concessions

The House of Representatives on  mandated its Committees on Privatization and Commercialization, Public procurement, Commerce, Marine Transport and customs to commence investigation into activities of concessionaires at Nigerian ports. This resolution emanated from a motion moved by Rep. Jerry Alagbaoso (PDP-Imo) which was adopted without debate. The concessioning of Nigerian seaports through the Bureau of […]

Skye Bank Explores Opportunity In Vast Unbanked Market

As a way of bringing the teeming percentage of the unbanked population on board the banking train, Skye Bank Plc has intensified efforts to provide financial services to this class of people through a range of product offerings. The Executive Director in charge of South South Business Development/Retail Banking, Skye Bank Plc, Mrs Ibiye Ekong, […]

Seplat Petroleum Considers Dual Stock Listing

Seplat Petroleum Development Co., a Nigerian oil company that bought assets in the Niger River Delta from Royal Dutch Shell Plc (RDSA), is considering listing shares on two stock exchanges, according to Managing Director Augustine Avuru. “A dual listing remains an option for Seplat for equity-raising,” he said in a telephone interview on Nov. 8, […]

CONOIL Stocks Remains Bullish

Kayode Adelowokan, Lagos Investors in Conoil Plc have reaped a return of 15 per cent in one week past as the equity continued to appreciate in value following impressive performance by the major marketing company. Conoil led gainers on at the trading on the Nigerian Stock Exchange on Thursday, appreciating by 10 percent to close […]

Skye Bank Employees Donate Books to Rivers’ School

Kayode Adelowokan, Lagos As part of the activities to commemorate the 2013 ‘Global Literacy Day’, employees of Skye Bank Plc have donated books worth millions of naira to a public school school in Rivers State, Community Secondary School, Nkpolu. The bank employees partnered with a non-governmental organization, Chamagne Foundation, to champion the worthy initiative. Speaking […]

JP Morgan Recommends UBA Shares over 45% upside Potential

The African Examiner Investors that take position on UBA shares now have the chance of making as much as 45% return over the next 12 months writes US based Investment banking  giant, JP Morgan, in its latest analysis of Nigerian banks. “UBA offers an attractive 45% upside potential over 12 months, among the highest in […]

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