(AFRICAN EXAMINER) – The Naira on Wednesday appreciated at the Investors and Exporters window, exchanging at 420 to the dollar, a 0.18 per cent appreciation against N420.75 on Tuesday. The open indicative rate closed at N419.46 to the dollar on Wednesday. An exchange rate of N444.00 to the dollar was the highest rate recorded within […]
(AFRICAN EXAMINER) – The Africa Fertilizer Financing Mechanism (AFFM), a subsidiary of the African Development Bank (AfDB), has approved a $2 million partial trade credit guarantee to support fertilizer delivery to 200,000 Ghanaian smallholder farmers. The facility which is extended to ETG Inputs Ghana Limited to support delivery of fertilizer to 200,000 smallholder farmers in […]
(AFRICAN EXAMINER) – Paris Saint-Germain (PSG), a topflight French football club based in Paris has unveiled its partnership with SoKlin, a leading premium detergent in West Africa. The exclusive 3-year regional partnership which will extend to 2025, covers the West African countries of Nigeria, Ghana, Senegal, Ivory Coast, and Mali. SoKlin, a flagship Laundry Care […]
(AFRICAN EXAMINER) – The Naira depreciated against the dollar at the Investors and Exporters window on Friday as it exchanged at N419.75 to the dollar, a 0.06 per cent depreciation, compared to N419.50 to the dollar on Thursday. The open indicative rate closed at N419.70 to the dollar. An exchange rate of N444.00 to the […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria has ordered banks and Payment Service Providers to accept indemnity from customers for highly secured online funds transfers. It stated this in a circular signed by the Director, Payments System Management Department, Musa Jimoh, with the reference number: PSM/DIR/PUB/CIR/01/006, titled ‘Circular on the review of operations of […]
(AFRICAN EXAMINER) – The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West Africa, Southern Africa and inter-continental markets. The President/CE of Dangote Group, Aliko Dangote made this disclosure on Tuesday at the Nigerian Content Midstream – Downstream Oil […]
(AFRICAN EXAMINER) – Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by members […]
(AFRICAN EXAMINER) – After appreciating for two days, the Naira on Thursday dipped against the green back by 0. 21 per cent at the Investors and Exporters window. The local currency exchanged at 418.88 to the dollar, compared to 418 traded on Wednesday. The open indicative rate closed at N419 to the dollar on Thursday. […]
(AFRICAN EXAMINER) – Canon Central and North Africa (CCNA), the leading provider of imaging technologies and services has reaffirmed its commitment to drive innovation in the digital printing technology industry. CCNA, a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe said it is participating at this year’s edition of the […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) and Swedfund International AB (Swedfund), have jointly signed an agreement to enhance private sector participation in independent power transmission line projects in Africa. Swedfund is Sweden’s development finance institution with the mission to contribute to poverty reduction through sustainable investments in developing countries. The Project Accelerator is a […]
(AFRICAN EXAMINER) – The CBN says online media reports purporting the sacking of the bank’s governor, Mr Godwin Emefiele, is untrue. Head of Corporate Communications at the CBN, Osita Nwanisiobi, made the rebuttal on Wednesday in Abuja . Emefiele is currently out of the country on official assignment. African Examiner reports that Emefiele has been […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria has Stated that paper currency will soon be out of circulation tasking market men and women to key into the e-Naira. The Delta State Branch Controller of CBN, Mr Godwin Okafor, disclosed this on Friday at the popular Ogbogonogo market in a market sensitisation on e-Naira. Okafor […]
(AFRICAN EXAMINER) – The Naira, on Wednesday, exchanged at 419.25 to the dollar at the Investors and Exporters window, compared to 418.50 traded on Tuesday, representing 0.18 per cent depreciation. The open indicative rate closed at N418.00 to the dollar on Wedneday. An exchange rate of N444.00 to the dollar was the highest rate recorded […]
(AFRICAN EXAMINER) – The new Nigerian National Petroleum Company Ltd (NNPC Ltd.) will be unveiled by President Muhammadu Buhari on July 18, 2022. The Chief Executive Officer of the company, Malam Mele Kyari, said this on Tuesday while receiving the CEO of the Year 2021 Award of the Leadership Newspapers Group in Abuja. The Leadership […]
(AFRICAN EXAMINER) – Africa’s largest Cement manufacturer, Dangote Cement Plc Dangote Cement Plc has emerged the Best Performing Stock of the Year 2021 by the Nigeria Exchange Group (NGX). Dangote Cement pride as the most capitalized company on the Nigeria Stock Exchange was named the best stock ahead of BUA Cement Plc and CAP Plc, during the 2022 Nigerian Investor […]
(AFRICAN EXAMINER) – The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. The rate at the Importers and Exporters Window was, however, N415.75 on Monday, widening the exchange rate spread to N184.25. At Zone 4 in Abuja, which is the hub of the […]
(AFRICAN EXAMINER) – The Investment Officer in charge of Global Partners of the European Investment Bank (EIB), Moussa Nakoulima said the Bank successfully invested over €10 billion in Africa in the 2021 fiscal year. Nakoulima disclosed this while speaking in Abidjan at the capacity-building workshop on addressing land degradation and ecosystem restoration. The EIB which […]
(AFRICAN EXAMINER) – The Naira on Wednesday appreciated at the Investors and Exporters window exchanging at N418 to the dollar, a -0.24 per cent appreciation, stronger than N419.00 it traded on April 29. The open indicative rate closed at N417.00 to the dollar on Wednesday. An exchange rate of N444 to the dollar was the […]
(AFRICAN EXAMINER) – Media Rights Agenda (MRA) has urged the Federal Government to urgently stop the spate of disruption of access to the Internet and other digital technologies in Nigeria. MRA said the government should henceforth prevent security agencies and regulatory bodies from intentionally interfering in different ways with the rights of individuals to seek, […]
(AFRICAN EXAMINER) – African Development Bank has commenced stakeholder consultations on its Integrated Safeguards System to adequately address emerging environmental and social issues in Africa. As part of its commitment to continuously improve environmental and social management and governance, the AfDB has prepared a draft of its updated Integrated Safeguards System, which is being consulted […]
