(AFRICAN EXAMINER) – Driven by its resolve to build a stronger and more resilient health systems in Africa, the European Investment (EIB), has promised to support the sector with € 500 million. The EIB is the long-term lending institution of the European Union (EU) owned by its Member States. It makes long-term finance available for […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation Limited says it is distributing one billion litres of safe Premium Motor Spirit, known as petrol, in its stock to various fuel stations nationwide. The NNPC also noted that 2.3 billion litres of PMS would arrive in Nigeria between now and February ending to address the current […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Company (NNPC) has disclosed the names of the companies that brought adulterated Premium Motor Spirit (PMS) into the country. The Group Managing Director/Chief Executive Officer, Mele Kyari, spoke with reporters Wednesday night in Abuja. According to available information, the contaminated petrol damaged vehicles of an unknown number of […]
(AFRICAN EXAMINER) – The World Bank has stated that if the necessary action is not taken, the average inflation rate would not reach the single-digit as projected by the CBN. According to the World Bank, the Federal Government of Nigeria did not take any concise effort in 2021 towards curbing the rising inflation and an […]
(AFRICAN EXAMINER) – The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe and a host of dignitaries including two state governors to commission a 400 metric tons per day mega rice mill in Kano state constructed by Gerawa Group of […]
(AFRICAN EXAMINER) – Nigeria’s four major aviation unions on Wednesday vowed to ground activities in the sector from Tuesday, February 8, 2022, over the failure of the Federal Government to release the negotiated conditions of service of aviation agencies since 2013 and the non-implementation of the National Minimum Wage/consequential adjustment since 2019. In a notice […]
(AFRICAN EXAMINER) – In apparent reflection of the improved liquidity in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, fell by 46 per cent, month-on-month, MoM, to N1.3 trillion in January. On the other hand banks increased deposit of idle funds with the CBN by 29 per cent, MoM, to […]
(AFRICAN EXAMINER) – Dangote Cement Plc yesterday announced that it mopped up about 126.75 million ordinary shares of 50 kobo each worth N35.1 billion during its just concluded share buyback programme. In a regulatory filing at the Nigerian Exchange (NGX), Dangote Cement indicated that 126.748 million shares, representing 0.74 per cent of the company’s issued […]
(AFRICAN EXAMINER) – Chief Executive Officer (CEO) of EEK Fertility, a herbal based company, Dr. Ekinyi Ochete has urged the Federal Government to make the registration of natural and alternative medicines easy for practitioners in the country. Dr. Ochete, a certified natural and alternative specialist, said the current registration process with the appropriate authorities in […]
(AFRICAN EXAMINER) – President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of not only Nigeria […]
(AFRICAN EXAMINER) – Leading African financial institution, Fidelity Bank PLC, has announced the second set of millionaires in its Get Alert in Millions Season 5 promo (GAIM 5) which held recently in Victoria Island, Lagos. The event was witnessed by representatives of regulatory organisations which include: Ms Oyinkan Kusamotu, Senior Legal Officer, Lagos State Lotteries […]
(AFRICAN EXAMINER) – A new date has been fixed for the opening of the latest super event center in Lagos: HighPoint. With Thursday, February 3 2022 confirmed as the D-day, the opening of the HighPoint Event Center will be nothing but spectacularly grand. The brains behind HighPoint, Mrs Omolara Adebiyi intends to give the guests […]
(AFRICAN EXAMINER) – Nigeria’s Vice President, Prof. Yemi Osinbajo has urged key players and stakeholders in the insurance industry in Africa to brace up to the challenge of addressing damages arising from climate change across the continent. Prof. Osinbanjo gave the charge at the closing of the 2021 Conference of African Insurance Practitioners, with the […]
AFRICAN EXAMINER – President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries. Speaking at the formal launch of the Pan-African Payment & Settlement System (PAPSS), which is a centralised payment and settlement infrastructure platform […]
(AFRICAN EXAMINER) – The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, in her presentation of the 2022 approved budget, disclosed that the government borrowed N6.7tn between January and November 2021, according to a copy of […]
(AFRICAN EXAMINER) – As the Federal Government commenced full implementation of the Petroleum Industry Act (PIA) in earnest, the new legislation has been tipped to provide business opportunities that will enable the Nigerian National Petroleum Company Limited (NNPC) earn more revenue for the country. Chief Executive Officer (CEO) of the company, Mallam Mele Kyari disclosed […]
(AFRICAN EXAMINER) – Nigeria’s Minister of Mines and Steel Development, Olamilekan Adegbite has called on investors from Saudi Arabia and across the globe to invest in the mining sector of the Nigerian economy. The minister made the call while addressing international investors during the just concluded Mining Conference in Riyadh Saudi, Saudi Arabia. Describing the […]
(AFRICAN EXAMINER) – President Mohammadu Buhari has reassured Nigerians that his administration will deliberately leverage Information Communication Technology (ICT) platforms to create more jobs this year. The ICT sector of the Nigerian economy has recorded impressive performance in the last two years. According to the Q4 2020 Report on Nigeria’s Gross Domestic Product (GDP) released […]
(AFRICAN EXAMINER) – THEWILL NEWSPAPER has named the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, as its Person of the Year for 2021. The announcement was made on the double cover stories of newspaper’s CHRISTMAS EDITION, captioned “Emefiele: Passionate Central Banker in Turbulent Times” and “Godwin Emefiele: Revolutionary Banker That Walks His Talk,” […]
(AFRICAN EXAMINER) – A full-fledged commercial bank in Nigeria, Fidelity Bank has given out over N4.1 billion in rewards to more than 10,000 customers through its Yuletide promotional campaign. With about 6 million customers who are serviced across its 250 business offices and various other digital banking channels, Fidelity Bank has in recent times won […]
