(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 […]
(AFRICAN EXAMINER) – Chevron Nigeria Limited (CNL) declared on Friday that reported leaks near its operational areas at Funiwa offshore facilities off the Atlantic coast was not from its facilities and pledged to support regulators in tracing the source. The fishermen around the Atlantic Ocean coastline reported an oil leak suspected to be from the […]
(AFRICAN EXAMINER) – An agrometeorologist, Dr Adewale Adetayo, has recommended mitigation and adaptation strategies as part of measures to reduce the effects of climate change on the environment. Adetayo, who works at the Institute of Agricultural Research and Training (IAR &T), Ibadan, made the recommendation in an interview on Thursday in Ibadan. He said mitigation […]
By Tajudeen Balogun, Head, Nigeria Bureau, Lagos (AFRICAN EXAMINER) – Business institutions and budget specialists in the country have agreed to constitute implementation, monitoring and supervision body, so as to influence the economic policies makers to be more proactive, disciplined and efficient, as well as ensure excellent budget performance in every fiscal year. The Abeokuta Business […]
(AFRICA EXAMINER) – Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so many mind-blowing discoveries, better facilities, and better luxuries, which has in-turn helped […]
(AFRICAN EXAMINER) – At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020. A press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru, stated that the figure is contained in […]
(AFRICAN EXAMINER) – First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. The FirstBank Virtual Payment Card […]
(AFRICAN EXAMINER) – The Registrar-General, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has said the organisation raked in more than N19 billion as Internally Generated Revenue (IGR) last year. Abubakar made this known in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. According to him, in spite of the COVID-19 […]
(AFRICAN EXAMINER) – Mrs Nneka Onyeali-Ikpe, has formally assumed office as the 4th Managing Director and Chief Executive Officer and first female to occupy the position at Fidelity Bank Plc, effective on Jan. 1. The bank disclosed that Onyeali-Ikpe took over from Mr Nnamdi Okonkwo, whose contract tenure ended on Dec. 31, 2020, in line […]
(AFRICAN EXAMINER) – A cross section of Nigerians has taken to their social media account to call out First City Monument Bank (FCMB), to sack the managing Director, Adam Nuru, who allegedly had an affair with a subordinate, Moyo Thomas. According to reports, the affair between Nuru and Moyo produced two kids when Moyo was […]
(AFRICAN EXAMINER) – The Tony Elumelu Foundation (TEF), on Friday in Lagos unveiled the TEF Entrepreneurship programme for 2021, to empower women and men across the African continent. The Chief Executive Officer of TEF, Mrs Ifeyinwa Ugochukwu, disclosed this during an Online news briefing with Journalists across Africa. She said: ”I want to welcome all […]
(AFRICAN EXAMINER) – The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed the purported takeover of Kidney Island asset of the SPDC Joint Venture in Port Harcourt by the Rivers State Government in the exercise of rights purportedly acquired through a court auction process that is still the subject of ongoing appeals at […]
(AFRICAN EXAMINER) – Kenya Airways and Air France-KLM Group said on Saturday that they had agreed to mutually terminate their Africa-Europe joint venture partnership from September 2021. Allan Kilavuka, Kenya Airways CEO said the Kenyan carrier will continue to serve the European market through its gateways of London, Paris, Amsterdam with Rome slated for resumption […]
By Jørgen Arnesen (AFRICAN EXAMINER) – Africa is a key focus for Opera and we believe there is significant growth ahead. The region is the fastest growing continent in terms of internet penetration. Recent reports from GSMA show that only 300 million out of the total population of 1.1 billion people are connected to the internet […]
(AFRICAN EXAMINER) – The Federal Government has agreed to slash the pump price of Premium Motor Spirit (PMS), known as petrol, by N5 from Monday next week. Sen. Chris Ngige, Minister of Labour and Employment, disclosed this while addressing newsmen at the end of a closed-door meeting with the organised labour on Tuesday in Abuja. […]
(AFRICAN EXAMINER) – The Lagos State Health Management Agency (LASHMA), in its commitment to ensure that residents at the grassroots have access to affordable, effective and quality healthcare, has partnered with First Bank of Nigeria Limited to utilise its over 13,000 Firstmonie Agents as payment channels for the Lagos State Health Scheme (LSHS). The General […]
(AFRICAN EXAMINER) – The Nigerian National petroleum Corporation (NNPC) has expressed its readiness to support indigenous fleet owners to enjoy greater patronage and participation in the oil and gas maritime business in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, gave the assurance while playing host to members of the Nigerian Fleet Implementation […]
(AFRICAN EXAMINER) – In obvious recognition of its brand acceptance and its role in facilitating economic development across Africa, six subsidiaries of pan African financial institution, United Bank for Africa (UBA) Plc have been named ‘Bank of the Year 2020’ by the Banker Magazine, leading global finance news publication published by Financial Times of London. […]
…Spearheads Innovation In Electronic Banking (AFRICAN EXAMINER) – In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of the FastTrack ATM which […]
