By Eric Ojo, Abuja (AFRICAN EXAMINER) – President Muhammadu Buhari has signed the instrument of accession of the agreement for the establishment of the African Trade Insurance Agency. The Agreement and the Agency are registered with the Secretariat of the United Nations in accordance with Charter of the United Nations. The agreement recognizes the fact […]
(AFRICAN EXAMINER) – The Dangote Refinery Group in collaboration with the National Directorate of Employment (NDE) has begun a six-month skills’ acquisition programme for the second batch of 200 youths in Ibeju-Lekki Community in Lagos State. The training, which was flagged-off by Dangote Group Executive Director, Strategy, Capital Projects and Portfolio Development, Mr. Devakumar Edwin, […]
By Eric Ojo, Abuja (AFRICAN EXAMINER) – Minister of Mines and Steel Development, Olamilekan Adegbite has declared that Nigeria will soon become a major gold producing hub in the West African sub-region. The minister said the development will diversify the country’s revenue away from crude oil and create jobs for its teeming youthful population. In […]
Photo: L-R: MD SAPETRO, Mr. Toyin Adenuga; NNPC GMD, Mallam Mele Kyari, and MD CNOOC, Mr. Xie Vincent Wensheng …Resolution Will Immediately Unlock About $510million Gas Revenue (AFRICAN EXAMINER) – In its bid to meet the target of revving up production to 3 million barrels per day and unlock gas revenues to the tune of […]
(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) has recorded an encouraging 43 per cent drop in cases of willful damage of its oil pipeline infrastructure by suspected oil thieves in May, 2020. The corporation, in a release by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, explained that details of […]
(AFRICAN EXAMINER) – Pan-African investment company, Heirs Holdings this week announced the appointment of Dan Okeke as Group Executive Director. The appointment took effect from August 01, 2020. Mr Okeke joins following a distinguished three-decade career at the United Bank for Africa Plc (UBA), where he most recently served as an Executive Director, responsible for […]
(AFRICAN EXAMINER) – The National Association of Aircraft Pilots and Engineers (NAAPE), has issued a two-week ultimatum to airlines, who have sacked or plan to sack their pilots and engineers under the guise of COVID-19, to reverse the decision. Its President, Mr Abednego Galadinma, at a news conference on Wednesday in Lagos, said pilots and […]
…Acts as Lead Arranger for $1.5 Billion Facility to Boost Nigerian Oil Production and Govt Revenue (AFRICAN EXAMINER) – The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as the lead arranger of a consortium of Nigerian commercial and international banks in a $1.5 Billion Pre-Export Finance Facility for […]
From Ignatius Okpara, Enugu (AFRICAN EXAMINER) – Following the hard times currently being faced by Air Peace, occasioned by the novel COVID-19, pandemic which has grounded various sectors of the global economies, the company has announced the sacking of 69 of its pilots. A statement issued on Monday by the Airline’s Spokesman, Stanley Olisa, explained that the […]
(AFRICAN EXAMINER) – The on-going Dangote ‘Bag of Goodies Season 2 Consumer Promo’ has triggered excitement in the country as more winners continue to emerge, winning millions of Naira, goodies bags, recharge cards, and several others mouthwatering prizes. Just last week, the company sent credit alerts of One Million Naira each to the first […]
(AFRICAN EXAMINER) – The Group Chairman, United Bank for Africa (UBA) Plc, Tony O. Elumelu has said that the Corona virus pandemic has presented a perfect opportunity for foreign investors to invest in Africa, owing to the huge opportunities that are inherent in the African economy. “This is the time to invest. Africa is a […]
PRESS RELEASE FAILED ATTEMPT BY AN INTERNATIONAL CRIME SYNDICATE TO INTIMIDATE, EXTORT AND DEFRAUD THE NIGERIAN NATIONAL PETROLEUM CORPORATION AND THE FEDERAL GOVERNMENT OF NIGERIA We act as Counsel to the Nigerian National Petroleum Corporation. The attention of the Nigerian National Petroleum Corporation (NNPC) has been drawn to several online publications, particularly the Sahara Reporters’ […]
(AFRICAN EXAMINER) – Fidelity Bank Plc on Wednesday donated medical supplies and personal protection kits to the Oyo State Governmentto aid the fight against COVID-19. The bank’s Regional Head for South West 1, Mr Adebayo Adeyinka, said 600 units of Personal Protective Equipment (PPE), 20,000 pieces of glovesand 1,000 pieces of face mask were donated […]
By Our Reporter (AFRICAN EXAMINER) – Frantic efforts by syndicates of fake foreign businessmen who attempted to swindle the Nigerian Government through its top officials in shady crude oil deals had suffered a serious setback. The alleged fraudsters – Marco A. Ramirez, a wanted American and who has since been on a business expedition in […]
(AFRICAN EXAMINER) – President of African Development Bank (AfDB) Dr Akinwumi Adesina has been completely absolved of ethical wrongdoings. A report of an Independent Review Panel led by a former Irish President, Mary Robinson, said Adesina is not guilty of any infraction alleged by petitioners. The Independent Review Panel was set up by the Bureau […]
(AFRICAN EXAMINER) – In its continuous bid to support the growth of Micro Small and Medium Enterprises(MSME) and equip them with the necessary tools aimed at strengthening and sustaining their businesses, Pan African Financial Institution, United Bank for Africa (UBA) Plc is set to organise another MSME Workshop for entrepreneurs. The workshop which will hold […]
(AFRICAN EXAMINER) -First Bank of Nigeria Limited has offered to give financial support to Small and Medium Enterprises (SMEs) in Education Sector to cushion the effects of the COVID -19 pandemic. Mr. Bankole Adediran, Head, Transaction Banking Products, FirstBank, made this known at the Bank’s SMEConnect webinar with theme: “Managing Your School through the Pandemic: […]
(AFRICAN EXAMINER) – The Nigeria Railway Corporation (NRC) has declared its facilities and environs a no-mask no-entry zone in preparation for resumption of operations on July 29. Mr Pascal Nnorli, Manager, Abuja-Kaduna train service told newsmen that the corporation has put measures in place to ensure passengers obeyed all COVID-19 guiedlines on the trains. “We […]
(AFRICAN EXAMINER) – The Naira on Friday weakened marginally against the dollar at both the parallel market in Lagos and the investor’s window. The Nigerian currency traded at N472.5 to the dollar at the parallel market, down by 0.5 points from N472 exchanged on Thursday. The Pound Sterling and the Euro closed at N582 and […]
(AFRICAN EXAMINER) – Google on Tuesday said it had launched its Sub-Saharan African website- `thinkwithgoogle.com/ssa’- to help marketers on the continent get the locally-relevant insights they need. Asha Patel, Head, Google SMB Marketing, Sub-Saharan Africa made this known in a statement. According to her, Think with Google Sub-Saharan Africa walks alongside marketers and business leaders […]
