(AFRICAN EXAMINER) – An international network organization, Solidaridad, working in over 40 countries of the globe in various sectors of the economies, has signed a memorandum of understanding (MOU) with Nigeria’s federal Ministry of Agriculture and rural Development to improve Agricultural productivity in the country. The organization also has eight regional offices in five continents, […]
(AFRICAN EXAMINER) – First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. FirstBank Chief Executive Officer, Dr Adesola Adeduntan, disclosed this in a statement in Lagos. Adeduntan said that the FGT initiative was specifically designed to ensure safe, timely and improved […]
(AFRICAN EXAMINER) – The Independent Petroleum Marketers Association (IPMAN) Kano state branch has commended the Nigerian National Petroleum Corporation (NNPC) for the prompt measures it has taken to address the fuel scarcity which resurfaced a few days ago. The IPMAN Chairman, Alhaji Bashir Danmalam, made the commendation on Tuesday in Kano while inaugurating an ad-hoc […]
A Coalition of Nigerian Civil Society Organizations for Petroleum and Energy Security (CONCSOPES) on Saturday sought the sustenance of deregulation of the price of the Premium Motor Spirit (PMS). Speaking in a press conference in Abuja, the convener, Mr. Timothy Ademola, noted that a reversal of the deregulation that started in March 2020 will lead […]
Photo: Managing Director/CEO NIRSAL, Mr Aliyu Abdulhameed (AFRICAN EXAMINER) – The Nigeria Incentives- Based Risk Sharing System For Agricultural Lending (NIRSAL) has stated that it has helped in providing over N148 billion in finance and investments for agriculture and agribusiness. The Managing Director of NIRSAL, Mr Aliyu Abdulhameed disclosed this in Lagos on Thursday in […]
(AFRICAN EXAMINER) – In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021. This was disclosed in a press release by the Group General Manager, Group Public […]
(AFRICAN EXAMINER) – The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban on crypto currency in the country. The Senate also invited the Director General of […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to, henceforth, accept Machine Readable Travel Documents (MRCTD) and Refugee Identification Card, as means of identification for financial transactions. The directive was given by Dr Kevin Amugo, Director, Finance Policy Regulation Department, on Wednesday, in Abuja, through a […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working towards reducing operations cost to achieve the $10 or less per barrel production cost target. A press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that […]
(AFRICAN EXAMINER) – In furtherance of the need to promote the business activities of its foremost agent banking platform – Firstmonie Agents – Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities – up to one million naira – to its banking agents. The Bank currently […]
(AFRICAN EXAMINER) – Following reactions trailing a recent Central Bank of Nigeria (CBN) directive to Deposit Money Banks (DMBs) to desist from cryptocurrencies transactions, the apex bank has clarified that the intention is to ensure accountability. Making the clarification in a statement in the CBN official website, Mr Osita Nwanisobi, the bank’s Acting Director […]
(AFRICAN EXAMINER) -The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs) and Other Financial Institutions (OFls) to close the accounts used for crypto currency operations. The CBN in a circular BSD/DIR/GEN/LAB/14/001 issued on Friday, ordered all financial institutions “to identify persons and/or entities transacting in or operating […]
(AFRICAN EXAMINER) – Kenechukwu Agu is an Electrical/ Electronics Engineer. He is also the Chief Executive Officer (CEO), EvanPower Engineering limited. In this interview with Our Correspondent, Ignatius Okpara, he spoke on how his Blueprint, which he referred to as his intellectual property was alledgdly “stolen” by Heineken via the Nigerian Breweries. The Blueprint which […]
(AFRICAN EXAMINER) – The National Association of Nigeria Travel Agencies (NANTA) has decried the latest COVID-19 protocol from Dubai Airport Authority requesting Nigerian passengers to undergo a rapid response COVID-19 antigen test before departure to Dubai. NANTA also expressed shock at UAE’s insistence that Nigerians bound to Dubai must fly only Emirates airlines, foreclosing and […]
(AFRICAN EXAMINER) – The management of peace Mass transit (PMT) company, has appealed to members of the public and the media, to always publish only veried information on issues concerning road accidents so as not to cause unnecessary panic and tension among victims’ families. This was contained in a statement issued by Mr. David Okoroafor, […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timeous completion of the $3.6bn Integrated Gas Processing and Methanol Plant in Odioma, Brass Island, Bayelsa State. The Group Managing Director of NNPC, Mallam Mele Kyari, made the commitment at the signing of the Final […]
(AFRICAN EXAMINER) – The Standards Organisation of Nigeria (SON), on Thursday, destroyed over 6,000 expired and substandard imported tyres confiscated in Port Harcourt, Rivers. Supervising the destruction in Enugu, Mr Obinna Manafa, the Director, Inspectorate and Compliance Directorate of SON, said that the destruction was to prevent access of such tyres into the markets and […]
(AFRICAN EXAMINER) – ) Gov. Babajide Sanwo-Olu of Lagos State, has promised a conducive business climate for investors participating in the mass housing initiative of his administration to bridge the huge shelter gap. Sanwo-Olu made the pledge while inaugurating the 252 units of the first environment friendly estate in Idale in Badagry Local Government Area […]
(AFRICAN EXAMINER) – President of the African Development Bank, AfDB, Akinwumi Adesina, has kicked at the situation where Nigerians pay high taxes and still provide basic infrastructure for themselves. The former Nigeria’s minister of agriculture disclosed this on Thursday at the first national tax dialogue organized by the Federal Inland Revenue Services (FIRS). Adesina satted […]
(AFRICAN EXAMINER) – Some analysts have made projections on the trajectory of the nation’s economy in 2021, saying the year will be challenging but there will be light at the end of the tunnel. They spoke during an interactive zoom webinar by the Nigerian-British Chamber of Commerce with theme, “ 2021 Economic Outlook’’. Mr Bismarck […]
