The national government's debt to suppliers surged 39 per cent in the past year to a record Sh524.84 billion, piling pressure on small businesses....
Most estates in the eastern part of Nairobi are increasingly losing value due to poor drainage system and shoddy jobs done by construction firms and contractors....
Match Masters has filed a case against Tanzania seeking to quash provisions in the Finance Act, 2025, imposing a higher excise duty on goods supplied by EAC member states....
DBSA's CEO says the bank remains committed to its mandate of driving economic growth....
By Adedapo Adesanya The Governor of Lagos State, Mr Babajide Sanwo-Olu, has approved a 50 per cent fare cut for the blue rail line corridor, only for Thursday, September 4, 2025. The decision by the g...
By Modupe Gbadeyanka All roads will lead to Radisson Blu Hotel in Lagos for the first Rural Connectivity Summit (RuralConnect Summit) slated for Wednesday, October 22, 2025. The event is organised by...
By Modupe Gbadeyanka Two Nigerian students have been granted scholarships for their undergraduate studies in technology, including Artificial Intelligence (AI), at Plaksha University in Mohali, India....
The meeting brings together businesses in the automotive and agriculture sector...
By Aduragbemi Omiyale The suspension earlier placed on Universal Insurance Plc, which prevented its shareholders and other investors from trading the company’s shares at the stock market, has been lif...
By Adedapo Adesanya The chief executive of MTN Nigeria, Mr Karl Toriola, has said that Nigeria needs to invest in data infrastructure, power supply, and skills development to support the growth of Art...
By Abiodun Alade In just 12 months, the Dangote Petroleum Refinery has shifted Nigeria from fuel importer to regional energy supplier, stabilised its currency, slashed fuel costs, and sparked an indus...
By Adedapo Adesanya Operatives of the Federal Operations Unit (FOU) Zone A of the Nigeria Customs Service (NCS) have intercepted a cache of arms, ammunition, and two industrial drones, with a combined...
By Diana Tenebe September is here, and for many parents in Nigeria, that means the start of the back-to-school frenzy. The mornings become a blur of getting kids ready, packing lunch boxes, and making...
Kenya is drafting a Bill linking tax breaks to local car parts sourcing to revive vehicle assembly and speed up the shift to electric mobility....
By Adedapo Adesanya The Managing Director of the Nigerian Export-Import Bank (NEXIM), Mr Abba Bello, has urged the federal government to consider extending the recent six-month ban on Shea nut exports...
Becoming a young mother is a big change in life. If you’re not still ready, one of the biggest decisions is the breastfeeding. Teen breastfeeding might seem like a difficult task in the beginnin...
By Adedapo Adesanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that oil block holders who fail to meet their development obligations risk outright revocation of their lic...
Lesufi says the Gautrain expansion plan is aimed at connecting all areas of the province....
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, received at his Tripoli headquarters yesterday, Lieutenant General Edward Ahlgren, Senior Advisor to the UK Ministry of Defence for the M...
The Undersecretary General and Acting Minister of Health, Mohammed Al-Ghouj, received Italian Ambassador to Libya Gianluca Alberini at the Ministry’s Tripoli headquarters yesterday where they discu...
The Third Libyan Banks Forum (LBF), held under the banner “A Digital Launch for Libyan Banks” between 1 to 2 September in Tripoli, concluded its activities yesterday. The LBF says its e...
The French Embassy in Libya announced yesterday the arrival of its new ambassador to Tripoli, Thierry Vallat, to officially assume his duties. Vallat succeeds former ambassador Mostafa Mihraje who...
By Aduragbemi Omiyale The revenue target for the 2025 fiscal year has been met by Nigeria despite the prices of crude oil in global market declining, President Bola Tinubu has declared. Mr Tinubu disc...
The Magic in Old Stories Teen fantasy novels have found a sweet spot between old-world myths and modern imagination. From Greek gods walking in high school hallways to Norse creatures hiding in city s...
Tripoli Chamber of Commerce, Industry, and Agriculture announced yesterday that a delegation from the Confederation of Indian Industries will visit Tripoli for two days, from September 8-10, 2025....
By Modupe Gbadeyanka In recognition of their outstanding performance and in commitment to its merit-based career progression, a total of 3,530 personnel of the Nigeria Customs Service (NCS) have been...
By Adedapo Adesanya Coronation Registrars Limited, a subsidiary of Coronation Group, has announced the launch of a fully automated bond processing workflow covering onboarding, computation, and electr...
By Modupe Gbadeyanka Friday, September 5, 2025, has been declared as a public holiday to celebrate Eid-ul-Mawlid, the birth of Prophet Muhammad (Peace Be Upon Him). In a statement issued by the Perman...
By Adedapo Adesanya Three securities plunged the NASD Over-the-Counter (OTC) Securities Exchange further by 0.58 per cent on Tuesday, September 2, with the market capitalisation declining by N12.39 bi...
By Adedapo Adesanya The value of Naira improved against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, September 2 by 34 Kobo or 0.02 per cent to settle at N1,525...
By Modupe Gbadeyanka The Nigerian National Petroleum Company (NNPC) Limited has a new spokesperson and he is Mr Andy Odeh, replacing Mr Femi Soneye, who resigned from the position in June 2025. In a s...
Strengthening Africa's next investors and entrepreneurs, supporting tech-enabled enterprises are among the top agendas at the "Africa Venture Finance Programme."...
Parents will also receive notifications from ChatGPT "when the system detects their teen is in a moment of acute distress", OpenAI added....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further depreciated by 0.67 per cent on Tuesday, with investors maintaining their stance to minimise their exposure to equities for low-risk asse...
As Africa heads into this year's Africa Food Systems Forum (AFSF) in Dakar, the numbers paint a grim picture: more than 307 million people-nearly one in five Africans-are going hungry....
By Adedapo Adesanya Oil prices closed higher by more than 1 per cent on Tuesday after the US imposed sanctions targeting Iran’s oil revenue stream while the market weighed the expected outcome o...
HONG KONG SAR – Media OutReach Newswire – 2 September 2025 – ZHUOYU Technology (ZYT), a leading advanced driver-assistance systems (ADAS) brand, officially announced its European deb...
While these imports from China have no doubt unsettled the small and medium-scale traders, eating into their profits, major retailers say these stores are complementary....
Kenya's Controller of Budget Margaret Nyakang'o has issued a stark warning over the country's rapidly growing public debt, which reached Sh11.73 trillion by the end of June 2025....
All ministries, state departments and independent commissions have registration on the e-government procurement system....
Kenya is preparing to host the 24th Common Market for Eastern and Southern Africa (Comesa) Summit in October, at a pivotal moment for regional economic cooperation and diplomacy....
By Adedapo Adesanya The chief executive of the Nigerians in Diaspora Commission (NIDCOM), Mrs Abike Dabiri-Erewa, has attributed the recent increase in diaspora remittances to the economic reforms of...
In Nigeria, more and more people are enjoying games online. It’s fun, simple, and sometimes you even win real money. One platform that stands out is PinUp online – a place where great games and...
By Adedapo Adesanya The Dangote refinery has exported its first petrol (gasoline) cargo to the US markets, Argus reported, citing data from global trade analytics platform Kpler and market sources. Th...
By Aduragbemi Omiyale Failure to release financial results for the 2024 fiscal year has led to the suspension of three insurance companies on the Nigerian Exchange (NGX) Limited. The affected underwri...
Business tourism is also a major driver of economic growth for Cape Town....
The Kenya Property Developers Association (KPDA) has signed a strategic partnership with the Kenya National Chamber of Commerce and Industry (KNCCI) to unlock new financing models....
Okonjo-Iweala warned that world trade could experience the effects of tariffs "later down the line"...
By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has urged the Nigerian government to turn recent global trade agreements into actionable results. The Director-General of LCCI, Mr...
This week in Big Brother’s house is one for the books, literally the week of firsts. Not only did we see Faith step up as the most influential housemate and Head of House, but for the first time ever,...
By Adedapo Adesanya Unity Bank Plc will hold a Court-Ordered Meeting on September 26, 2025, in Abeokuta, Ogun State, to vote on the proposed merger with Providus Bank Limited. Shareholders will consid...
A new wave of Bitcoin wealth in 2025 · TALL Miner makes mining within reach At the beginning of 2025, the global financial market once again focused on Bitcoin. As “digital gold,” BTC has...
By Adedapo Adesanya The Nigeria Data Protection Commission (NDPC) has commenced a sector-by-sector investigation into organisations suspected of breaching the Nigeria Data Protection Act (NDP Act), 20...
By Aduragbemi Omiyale The national scale long-term and short-term issuer ratings of Presco Plc have been upgraded by GCR Ratings, with a stable outlook. In a statement by the rating agency, it was dis...
New AfDB President Ould Tah has set out a four-point agenda including, listening intently; fast-tracking reforms; deepening partnerships and accelerating real solutions as his core pr...
By Adedapo Adesanya Nigerian veteran filmmaker, Mr Tade Ogidan, has been appointed to the board of a top Nigerian food company, Tantalizers Plc, in a bid to deepen its strategic plan to evolve into a...
By Modupe Gbadeyanka The need for critical stakeholders to have a constructive dialogue on the impact of the tax reforms on the free zones in the country has been emphasised by the Nigeria Economic Zo...
The Arabian Gulf Oil Company (AGOCO) reported today that it had achieved, in cooperation with Schlumberger SLB, what it referred to as ‘‘a quantum leap in the productivity’’ of the O5-NC8 in the Ha...
By Modupe Gbadeyanka The need for critical stakeholders to have a constructive dialogue on the impact of the tax reforms on the free zones in the country has been emphasised by the Nigeria Economic Zo...
A US Treasury report reveals that 83 per cent of AfDB's sanctioned cases involved fraud, with Kenya identified as a top beneficiary of loans and a primary source of corruption complaints....
East Africa has become a key frontier for economic expansion so as to have a balance of power against the West and as a source of competition, given Russia’s expanding influence in the region...
From an average of KES122 billion annual collections in mid 1990s, KRA’s tech-powered reforms have seen it collect over KES2.5 trillion in fiscal year 2024/25. <li...
By Adedapo Adesanya Airtel Africa Plc has picked Citigroup Incorporated as advisors for the planned Initial Public Offering (IPO) of its mobile money unit scheduled for listing n the first quarter of...
By Aduragbemi Omiyale Investors can keep shares of Ellah Lakes in their portfolios because plans by the board to raise N250 billion from the capital market for investments could “drive a stronger reve...
NCC conducted compliance inspections in KZN including, Pinetown, Pietermaritzburg, Durban CBD....
A US Treasury report reveals that 83 per cent of AfDB's sanctioned cases involved fraud, with Kenya identified as a top beneficiary of loans and a primary source of corruption complaints....
The Ocean Centre Kenya will be under the United Nations Global Compact Network in partnership with the Lloyd's Register Foundation, an independent global safety charity....
Glencore confirmed it had initiated a Section 189 retrenchment process, effective from September 1...
By Adedapo Adesanya Central Securities Clearing System (CSCS) Plc crashed the NASD Over-the-Counter (OTC) Securities Exchange by 0.42 per cent on Monday, September 1. This happened the price of the Ni...
By Adedapo Adesanya The exchange rate of the Naira to the United States Dollar ended at N1,526.10/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, September 1, 2025, compared w...
By Aduragbemi Omiyale The N157.8 billion rights issue of the United Bank for Africa (UBA) Plc will close on Friday, September 5, 2025. The exercise commenced on Wednesday, July 30, 2025, and offered a...
By Adedapo Adesany Nigeria has signed a new deepwater oil contract with French oil and gas giant, TotalEnergies. The contract, which is a Production-Sharing Contract (PSC), also includes local firm S...
By Dipo Olowookere The first trading session of September 2025 on the domestic stock market ended on a bearish note on Monday with a 0.41 per cent loss aggravated by persistent selling pressure. Data...
By Adedapo Adesanya Brent crude oil appreciated by 63 cents or 1 per cent to $68.15 per barrel on Monday as concerns mounted that airstrikes in Russia and Ukraine could lead to supply disruptions. Als...
HAMBURG, GERMANY – EQS Newswire – 1 September 2025 – Preferred Supply Agreements (PSAs) have been awarded for supply of monopile foundations to EEW Special Pipe Construction GmbH, tr...
As the first event held at the newly inaugurated Vietnam Exposition Center in Hanoi, the exhibition titled “80 Years of Independence – Freedom – Happiness” has become a symbol of a modern,...
HUZHOU, CHINA – Media OutReach Newswire – 2 September 2025 – A series of activities highlighting ecological progress were held on August 15th as the country embraces its third Nation...
The two Heads of State instructed their respective ministers in charge of trade to urgently convene and address bottlenecks affecting cross-border business....
By Adedapo Adesanya President Bola Tinubu has reiterated his administration’s commitment to ensuring equitable infrastructure development across Nigeria’s six geopolitical zones under his Renewed Hop...
That relationship is set to take a significant step forward later this year when Malaysian Prime Minister Anwar Ibrahim makes his first official visit to Kenya in November....
By Modupe Gbadeyanka Passengers flying first class on Emirates across all routes departing Dubai will be served the Dom Pérignon Rosé Vintage 2009 Champagne over the next few months. This has been mad...
The petrol, diesel and paraffin prices take effect from Wednesday....
Former Tourism Deputy Minister Fish Mahlalela is touted to lead Mpumalanga Tourism and Parks Agency...
By Adedapo Adesanya Customers have been assured of a smooth transition as one of Nigeria’s oldest banks, Union Bank of Nigeria, completed its merger with Titan Trust Bank Limited, following fina...
By Aduragbemi Omiyale Subscription for the September 2025 edition of the FGN savings bond has commenced and the Debt Management Office (DMO), which is selling the debt instrument, is offering the 2-ye...
By Adedapo Adesanya Nigeria, the United Arab Emirates (UAE) and Qatar are currently in talks to create a shared shipping network, a move aimed at expanding Africa–Asia Liquefied Natural Gas (LNG) conn...
By Modupe Gbadeyanka In August 2025, the private sector in Nigeria recorded a Purchasing Managers’ Index (PMI) of 54.2 points, higher than the 54.0 recorded in July, pointing to a solid strengthening...
Retirement Benefits Authority (RBA) Statistical Digest 2024 data show that in previous years, the average increase in pension assets in government securities was nine per cent....
By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) has disbursed over $350 million under its Nigerian Content Intervention Fund (NCIFund) to support indigenous oil and g...
East Africa has become a key frontier for economic expansion so as to have a balance of power against the West and as a source of competition, given Russia’s expanding influence in the region...
By Adedapo Adesanya The Nigerian Electricity Regulatory Commission (NERC) has threatened to disconnect power-generating companies (GenCos) from the national grid if they fail to implement the Free Gov...
By Modupe Gbadeyanka A court in Finland has sentenced controversial Nigerian-born politician to six years in prison for terrorism-related offences in the country. The 40-year-old Nigerian, based in Fi...
The downturn in August was led by a reversal in new sales orders...
By Modupe Gbadeyanka Global streaming platform, Spotify, has launched Global Afrobeats Playlist, designed to celebrate the sound that has moved from the club to the charts and beyond. According to dat...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange decreased by 0.55 per cent in the 35th trading week of 2025 after five stocks lost weight and six stocks gained weight. In the w...
The world is moving toward automating tasks in workplaces so that employees spend less time on repetitive work. Beyond this, most industries try to take advantage of smart solutions and introduce auto...
South Africa ports moved up to 18,689 Twenty-Foot Equivalent Units (TEUs) in a single day in August despite continued challenges of ageing infrastructure that often leads to processin...
By Modupe Gbadeyanka A framework for the administration of the Student Loan Scheme established under the Student Loans (Access to Higher Education) Act, 2024 for public tertiary institutions has been...
By Adedapo Adesanya About N1.011 trillion was earned by Nigeria from the oil and gas sector in June 2025, according to data released by the Office of the Accountant General of the Federation (OAGF). T...
By Aduragbemi Omiyale More than N60 million in cash rewards will be won by loyal customers of Ecobank Nigeria in the new edition of the Super Rewards campaign running from September 2025 to January 20...