…As Gas Production Goes up 4% (AFRICAN EXAMINER) – A total sum of ₦203.73billion was made on the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the Nigerian National Petroleum Company (NNPC) Ltd. This was contained in the July 2021 figures of […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Company Limited (NNPC) has drawn the attention of the general public to a fake competition trending online which claims to celebrate its so-called “Anniversary Event”. Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC, in a statement on Monday said the NNPC had nothing to do with […]
(AFRICAN EXAMINER) – First Bank of Nigeria has unveiled the calendar of events for its yearly DecemberIssaVybe campaign which, it says, will impact much on the entertainment industry. The Group Head of Marketing/Corporate Communications, FirstBank, Ms Folake Ani-Mumuney, made the disclosure in a statement on Friday in Lagos. Ani-Mumuney said that the campaign which started […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Company (NNPC) Limited has announced a huge leap in trading surplus of ₦141.96billion recorded in June 2021 compared to a deficit of ₦37.46Billion in May 2021. This is contained in the June 2021 figures of the NNPC Monthly Financial and Operations Report (MFOR). A trading surplus or trading […]
(AFRICAN EXAMINER) – The Alliances for Africa (AfA) Mission, an NGO, has launched ‘Kpoturum App’ for reporting and documenting cases of violence against women and girls in South-East, Nigeria. The App was launched during a One-Day Media Engagement to Launch and Popularise ‘Kpoturum App’: A Registry for Reporting and Documenting Cases of Violence Against Women […]
(AFRICAN EXAMINER) – Mr Kim Young-Chae, Ambassador of Korea to Nigeria, has said that his country would provide US$12.4 million for the construction of solar mini-grids in Nigeria. Kim said this in his address at the “Stand-alone mini grid project” presentation ceremony, granted by the Korean Government, held in Abuja. Kim said, “The project to […]
(AFRICAN EXAMINER) – President of African Development Bank (AfDB), Dr Akinwumi Adesina, on Monday disclosed that the travel ban placed on some African countries over Omicron, the new COVID-19 variant, is “very unfair, non-scientific and discriminatory”. African Examiner recalls that because of the newly detected coronavirus variant in South Africa, many developed countries have been […]
(AFRICAN EXAMINER) – First Bank Nigeria Ltd. says it will leverage its vast experience in supporting trade businesses, especially the SME to support the Federal Government’s efforts to diversify the revenue base of the economy. Dr Adesola Adeduntan, Chief Executive Officer, FirstBank, said this during the bank’s Non-Oil Webinar Series on Tuesday. The News Agency […]
(AFRICAN EXAMINER) – The South East Amalgamated Markets Traders Association (SEAMATA) has rejected the recent astronomical and indiscriminate increment of import duty on cargoes charged by Nigerian Customs Service. African Examiner reports that the body is the umbrella union of traders in all the markets in the South-East Geo-political Zone of Nigeria and traders of […]
(AFRICAN EXAMINER) – Africa’s global bank, United Bank for Africa, through its UBA Foundation has been spreading joy across Africa for many years as they continue to give back to the underprivileged in the communities in which they operate. At the UBA Foundation gardens in Lagos where the bank is headquartered, a lights up ceremony […]
(AFRICAN EXAMINER) – The National President of Nigeria Society of Chemical Engineers (NSCh) has revealed that Dangote Oil Refining Company will be the highest employer of chemical engineers in the country when the refinery comes on stream. The Society’s National President, Engr. Saidu A. Muhammed, disclosed this during the NSCh’s visit/tour of the Dangote Refinery […]
(AFRICAN EXAMINER) – The federal government has stated that it has rejected over 90 percent of the applications by airline operators for expert quotas in their business. Hadi Sirika, minister of aviation, disclosed this in his office in Abuja. According to Sirika, the rejection was to make sure that Nigerians are prioritised for such jobs, […]
(AFRICAN EXAMINER) – The Nigerian Maritime Law Association (NMLA) on Saturday in Lagos expressed concerns about the killing of four alleged pirates in the Gulf of Guinea. The alleged pirates were reported to have been killed by the Danish Navy from their frigate, ESBERN SNARE, operating within the waters of the gulf. NMLA president Mrs […]
(AFRICAN EXAMINER) – The Securities and Exchange Commission (SEC) has condemned the resurgence of Ponzi schemes and illegal fund managers in the country’s financial sector. The Director-General of SEC, Mr Lamido Yuguda, frowned at the development at an enlightenment workshop with the staff of the Federal Ministry of Finance, Budget and National Planning on Wednesday […]
(AFRICAN EXAMINER) – EFCC has declared that banking sector fraud is largely perpetrated by insider Information, Communication Technology (ICT) employees. Mr Abbah Sambo, Head, Cybercrime Section of the EFCC, made the disclosure at a national seminar on Banking and Allied Matters for judges. Sambo represented the EFCC chairman, Mr Abdulrasheed Bawa, at the seminar. He […]
(AFRICAN EXAMINER) – Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari, has stated that petrol will sell for between N320 and N340 per liter from February, next year. Kyayi, who said Nigeria would be out of the subsidy regime in the first quarter of 2022, explained that subsidy […]
The Federal Government stated that it has no control over the rising price of cooking gas. This is even as President Muhammadu Buhari expressed concern over the development, especially as gas prices are determined by global market. He also directed the Minister of State for Petroleum Resources, Timipre Sylva, to proceed to Nembe, Bayelsa State, […]
(AFRICAN EXAMINER) – Nigerian Airspace Management Agency ( NAMA) has announced the death of one of its Air Traffic Controllers (ATCO), Mr Aniekan Effiong, while on duty . Mr Khalid Emele, NAMA spokesman, confirmed the sad news in a statement in Lagos . Emele said that Effiong died on duty at the approach radar control […]
(AFRICAN EXAMINER) – Trading on the Nigerian bourse opened on Monday on a positive note with turnover appreciating by 1,103.94 per cent due to off-market trade in Oando Plc. Specifically, a total of 2.40 billion units valued at N16.47 billion were exchanged by investors in 4,811 deals. This was in contrast with 199.52 million shares […]
(AFRICAN EXAMINER) – The Bayelsa Government has expressed worry over Aiteo Production Company’s failure to plug the leaks at its oil field in Nembe, two weeks after the incident was reported. The government’s reaction is contained in a statement issued on Friday by the Commissioner for Information, Orientation and Strategy, Mr Ayibaina Duba, and made […]
