…Describes Their Entrance as Progressive (AFRICAN EXAMINER) – At the just concluded meeting of the Nigerian Council of Registered Brokers (NCRIB), which was held on Tuesday, July 6, President of the Nigerian Council of Registered Insurance Brokers, Dr. Mrs. Bola Onigbogi endorsed Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA) describing both companies […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria Oil and […]
(AFRICAN EXAMINER) – Fidelity Bank Plc has refuted the alleged probe of its former Managing Director/Chief Executive Officer, Mr Nnamdi Okonkwo. The bank disclosed this in a statement made available to the Newsmen Tuesday in Lagos. The bank in the statement refuted a publication alleging that the board of directors had approved the probe of […]
(AFRICAN EXAMINER) – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, has provided €20 million to further strengthen private sector development in Burkina Faso. This is coming under the aegis of ITFC’s Murabaha financing agreement with Coris Bank International (CBI), which is aimed at improving access to […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA) executed Thursday at the NNPC Towers. The agreements which […]
(AFRICAN EXAMINER) – Lagos State Ferry Service Company (LAGFERRY) has distributed 100 cowry cards to encourage customers as it starts a promo to woo Lagos residents to be travelling by water. The Managing Director of LAGFERRY, Mr Ladi Balogun, made the distribution at the Day One of the Sailing’ N Smiling Promo raffle draw in […]
(AFRICAN EXAMINER) – Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc, one of Nigeria’s leading power producers, announced an alternative energy solution to Nigeria, as part of its broader integrated energy strategy. Unveiling Transcorp’s alternative energy plan at a meeting with the Honourable Minister of Science & Technology, Dr. Ogbonnaya Onu, Peter […]
(AFRICAN EXAMINER) – Pan African financial Institution, United Bank for Africa (UBA) Plc has emphasized its unwavering commitment to the support of businesses and financial inclusion in Africa through its array of consumer lending products. There has been clear evidence that credit remains a major economic stimulant and growth driver; but this has been largely […]
(AFRICAN EXAMINER) – As part of the Bank’s mandate to empower female entrepreneurs with financial and business skills, Access Bank Plc has unveiled the third edition of its Womenpreneur Pitch-a-ton Africa programme. The Womenpreneur Pitch-a-ton Africa programme is designed to provide female owned businesses across Africa an opportunity to access finance, world-class business trainings as […]
(AFRICAN EXAMINER) – Acting Vice President for Agriculture, Human and Social Development, Africa Development Bank (AfDB), Atsuko Toda has said that the bank has supported African countries with $10 billion in their fight against COVID-19 pandemic since March 2020. Toda disclosed this in a statement distributed by APO Group on behalf of AfDB and endorsed […]
(AFRICAN EXAMINER) – Eighteen companies are to face sanctions from the Reserve Bank of Zimbabwe (RBZ) for allegedly abusing the country’s foreign exchange auction system. Dr John Mangudya, the RBZ governor on Tuesday said the companies face allegations of flouting the Statutory Instrument 127 of 2021 (SI 127) put in place to provide for penalties […]
… Excites Marketers, Farmers in North (AFRICAN EXAMINER) – After months of speculations, Dangote Urea fertilizer is now finally on sales nationwide and it currently pushes out a minimum of 120 trucks per day across the country Group Executive Director, (Strategy, Capital Projects & Portfolio Development) · Dangote Industries Limited, Devakumar Edwin, revealed to the […]
(AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility […]
(AFRICAN EXAMINER) – While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remains a strong motivating factor in doing good persistently, it helps when virtue gets recognition from time to time. Even though anyone or organisation committed to doing good will keep doing so […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) says it remains committed to the promotion of sustainable environment across it operations, stressing that its energy transition programme and support for carbon neutral projects are proofs of that commitment. The Group Managing Director of the Corporation, Mallam Mele Kyari, stated this at an event organized […]
(AFRICAN EXAMINER) – To the admiration of key financial sector operators present, the Dangote Fertilizer Limited announced on Friday the formal commencement of production of Urea in commercial quantity and the plan to hit the Nigerian market on Monday. In what industry watchers have described as a potent step to liberalize of the fertilizer market […]
(AFRICAN EXAMINER) – First Bank of Nigeria has urged Nigerians to disregard the news making the rounds that its South East branches are closed. The rebuttal was contained in a statement sent to African Examiner and signed by Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications of the bank. The statement simply reads: “Public Announcement […]
…Heirs Insurance, Heirs Life To Offer Reliable Insurance To Nigerians (AFRICAN EXAMINER) – Heirs Holdings (HH) announced the Group’s transformative insurance industry play, with the launch of Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), on Tuesday, June 1, 2021, at the companies’ Victoria Island headquarters in Lagos. Heirs Holdings will bring a dynamic, […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of private refineries in the country in line with a Federal Government policy directive which stipulates the mandatory participation of the Corporation in any privately-owned refinery that exceeds 50,000 barrels per day capacity in keeping […]
…As Dangote Sugar Records 13.7 Percent Increase In 2020 Production (AFRICAN EXAMINER) – Dangote Sugar Refinery Plc has urged government to faithfully follow through the Backward Integration Policy in the sugar industry as the nation stands to rake in foreign exchange up to $700millon yearly from Sugar production self-sufficiency. Chairman of Dangote Sugar Refinery Aliko […]
