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At Last, Ikenga Hotel Resort Bounces Back to Business

By IGNATIUS OKPARA, Enugu (African Examiner) – After several years of being moribund, the famous government owned Ikenga Hotel and Resort Nsukka, Enugu state, South- East Nigeria, has been revamped and relaunched into the hospitality business. The hotel built in the 80s by the old Anambra state government under the leadership of ex- governor Jim […]

Transcorp Hotels Posts N4.5bn Profits, Announces Dividend of 40k per Share

Shareholders Laud Transcorp Hotels’ performance, Approve dividend payment ABUJA, NIGERIA (AFRICAN EXAMINER) – Transcorp Hotels Plc has announced a profit after tax of N4b at its 3rd Annual General Meeting which took place at Transcorp Hilton Abuja. At the meeting, the Shareholders of Transcorp Hotels Plc   commended the management and staff of the Company for […]

Elumelu  Speaks on Africapitalism to Youths at Ghana’s Leading Institution

(AFRICAN EXAMINER) – Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism.  In continuation of his strategic vision of engineering a robust economic and business relationship across the continent through Africapitalism as a necessary tool for the socio economic development of Africa,   the Group Chairman […]

BREAKING: Former Enugu Governor, Sullivan Chime Defects to APC

ENUGU, NIGERIA (AFRICAN EXAMINER) – The immediate past Governor of Enugu State, Bar. Sullivan Chime has joined the list of South east political leaders – defecting from the opposition PDP to the ruling APC. With the development, the incumbent State Governor Hon. Ifenayi Ugwuanyi and Senate Deputy President Ike Ekeremadu seem to be the only […]

Aero Contractors Fires 900 Workers

(AFRICAN EXAMINER) – Aero Contractors  Airline, which is under the management of the Asset Management Corporation of Nigeria (AMCON), has sacked about 900 workers  representing 60 per cent. Letters of redundancy were issued to the affected employees during the week. Media Consultant to the 58 year-old airline, Mr Simon Tumba, who confirmed the development in […]

Senate Insists Customs Boss Hammed Ali Must Wear Uniform

(AFRICAN EXAMINER) – The Senate on Thursday turned back the Comptroller  General (C-G) of Customs, Col. Hammed Ali (rtd) for appearing  without uniform. Senators by  a voice vote directed  him to return to the senate on Wednesday, March 22 in proper uniform designated for the office  of Comptroller-General of Nigeria Customs Service. Shortly before the […]

London-Paris Club: Buhari Orders Release of Refunds to States to Pay Workers Salaries

Ganiyu Nasirudeen ABUJA, NIGERIA (AFRICAN EXAMINER) – President Muhammadu Buhari has directed the Minister of Finance, Mrs. Kemi Adeosun and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to act appropriately and promptly release the second tranche of the London-Paris Club refunds to the states in order to ease their financial hardships. […]

OPINION: Coca-Cola and NAFDAC as Public Enemies

By Emmanuel Onwubiko Three years ago, the Consumer Protection Council (CPC) took on the Nigerian Bottling Company Plc, the makers of Coca Cola for breach of public hygiene in the preparations of their products which are sold to Nigerians. The Consumer Protection Council went as far as obtaining the authorization of the Federal Attorney General […]

N4.9 Billion Fraud: Judge Withdraws from Fani-Kayode Trial

LAGOS, NIGERIA (AFRICAN EXAMINER) – Justice Muslim Hassan of a Federal High Court in Lagos has withdrawn from presiding over the alleged N4.9 billion fraud case against a former Minister of Aviation, Mr. Femi Fani-Kayode. The ex-Minister is prosecuted by the Economic and Financial Crimes Commission (EFCC). Upon his withdrawal, Justice Hassan ordered the return […]

Senator Shehu Sani Blames Buhari over Magu’s Failed Confirmation

ABUJA, NIGERIA (AFRICAN EXAMINER) – Senator Shehu Sani of the ruling All Progressives Congress (APC) has blamed the Presidency over the setback suffered by the embattled Economic and Financial Crimes Commission (EFCC) Acting Chairman, Mr Ibrahim Magu. Magu was rejected for the second time by the Nigerian Senate Wednesday due to an alleged indicting security […]

FirstBank CEO, Adeduntan Named Leadership Banker of the Year

(AFRICAN EXAMINER) – Lagos, March 16, 2017 – Dr. Adesola Adeduntan, the Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, has been named Banker of the Year in the Leadership Persons of the year award, 2016. The awards recognise and celebrate the significant performance of individuals, corporate, private and public organisations across sectors, […]

UTME: JAMB Says Candidates Awaiting Results Can Apply

(AFRICAN EXAMINER) – The Joint Admissions and Matriculations Board (JAMB), in Abuja on Thursday said candidates awaiting results are eligible to register and sit for the Universities Tertiary Matriculation Examination (UTME). A statement by the Spokesman of JAMB, Dr. Fabian Benjamin, however stressed that any candidate who fails to upload their result between May and […]

Underdog Ahmad Ends Hayatou’s 29 Years Rule, Emerges New CAF President

BALTIMORE, MD (AFRICAN EXAMINER) – Madagascan Ahmad Ahmad has emerged the new President of the Confederation of African Football (CAF). The much anticipated election which featured at the CAF Congress in Addis Ababa, the Ethiopian capital brought to an end 29 years tenure of the immediate past President, Cameroonian Mr. Issa Hayatou. The 57-years old […]

Death Toll in Ethiopia landslide Hits 113

(AFRICAN EXAMINER) – The death toll from Saturday’s landslide at a vast dump in Ethiopia’s capital, Addis Ababa, has now risen to 113 people, local officials say. A search operation at the Koshe landfill will continue overnight. As many as 150 people are believed to have been at the site during the landslide. Meanwhile, the […]

Crisis Rocks Enugu Pensioners Association over Allegations of Corruption

By IGNATIUS OKPARA, Enugu (AFRICAN EXAMINER) – Scores of pensioners in Enugu State, South-East Nigeria have taken to the streets to protest alleged corruption, and other ill actions by the leadership of their union, just as they passed a vote of no-confidence on them. The senior citizens, as they are fondly called numbering over five […]

Governor Okorocha Threatens to Arrest, Banish Imo Monarch

By IGNATIUS OKPARA, Owerri (African Examiner) – The lingering feud between Governor Rochas Okorocha of Imo State and embattled former chairman, Imo State council of traditional rulers, Eze Cletus Ilomuanya, has worsen, as the governor  has threatened to arrest and banish the monarch if he continues to parade himself as a traditional ruler of Obinugwu […]

BREAKING: Again Senate Refuses to Confirm Magu as EFCC Boss

The Senate on Wednesday rejected Ibrahim Magu as the Economic and Financial Crimes Commission’s boss, making it the second time that senators are rejecting Mr Magu as the substantive chairman of the anti-graft agency. At the Senate’s plenary on Wednesday majority of the Senators rejected the confirmation of Magu by voice vote. Indicting DSS Report […]

SPORTS: Leicester Stun Sevilla to Reach Champions League Q/Final

Leicester City reached the Champions League quarterfinals with a 2-0 victory over Sevilla on Tuesday, turning around their round-of-16 tie to advance 3-2 on aggregate. Wes Morgan and Marc Albrighton were the unlikely goal scorers, and Kasper Schmeichal saved a penalty after Samir Nasri was sent off for Sevilla. Less than three weeks after replacing […]

Lagos Requires N60bn to Upgrade Public Schools -Ambode

LAGOS, NIGERIA (AFRICAN EXAMINER) – The Lagos State Governor, Mr. Akinwunmi Ambode said the sum of N60 billion is needed by his administration to give public schools in the state a befitting facelift as well as set up new schools especially in the riverine areas. Already, Mr. Ambode told journalists that his administration has spent […]

EFCC Intercepts N49 Million Cash at Kaduna Airport

KADUNA, NIGERIA (AFRICAN EXAMINER) – The Economic and Financial Crimes Commission (EFCC) has intercepted five 150kg of sacks, containing the sum of N49 million in Kaduna. EFCC said the money was intercepted Tuesday during a routing baggage screening by the operatives of its Kaduna zonal office. It explained in a statement that the five sacks […]

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