By Aduragbemi Omiyale The value of Fidelity Bank Plc stocks on the Nigerian Exchange (NGX) Limited is now N1.055 trillion, closing at N21.00 per unit at the close of business on Wednesday, May 14, 202...
By Adedapo Adesanya The African Union (AU), in collaboration with the All Africa Music Awards (AFRIMA), has announced Lagos, Nigeria, as the host city for the 2025 edition of the music awards. The ann...
Kenya and Germany have launched the first Eastern Africa Regional Green Hydrogen Symposium in Nairobi, opening a rare forum to chart a shared green hydrogen agenda across borders....
By Adedapo Adesanya The Registrar of the Joint Admission and Matriculation Board (JAMB), Mr Ishaq Oloyede, has admitted to errors from the examination body leading to mass failure during the 2025 Unif...
The organisation was updating Standing Committee on Public Accounts on its audit outcomes...
The cost of fuel has generally been reducing over the last year, with the cost of petrol going down from above Sh200 seen at the start of last year to the current levels....
The maximum pump prices will remain at Sh174.73 for Super Petrol....
The High Court also ruled that the bank can resume operations....
In the aftermath of Monday’s still-to-be-confirmed, but widely accepted, killing of the Support and Stability Apparatus (SSA) militia leader, Abdelghani Ghnewa Al-Kikly, Tripoli based Libyan Prime...
Three of the CEF Group subsidiaries include iGas, Strategic Fuel Fund and PetroSA....
By Modupe Gbadeyanka To strengthen its position in decentralized derivatives, Synthetix is considering the acquisition of a decentralized onchain options AI-powered platform, Derive. Derive, known for...
By Adedapo Adesanya Nigerian cross-border logistics company, Cargoplug, is making inroads into the United Kingdom market with the launch of its first self-managed hub, which will allow the firm to man...
For those who want to make the most of their bets, the Surebet247 app has become an indispensable assistant. It provides access to the unique features of arbitrage betting directly from your mobile de...
Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba issued a package of decrees that he described as “decisive within the measures to impose the prestige of the state and extend the ru...
Western Cape Premier Alan Winde says the province has maintained a rate below 20-percent...
By Adedapo Adesanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the first cargo of the new Obodo crude blend has been shipped. Business Post gathered that the first cargo could...
By Adedapo Adesanya Dangote Oil Refinery has reportedly cancelled planned maintenance on its 204,000 barrels per day petrol-producing unit for June. This comes as the $20 billion structure has carried...
By Aduragbemi Omiyale The customer experience (CX) platform of Zoho Corporation has been updated with new features designed to make CRM more accessible across organisations, not just for sales teams....
Tripoli based Libyan Prime Minister Abdel Alhamid Aldabaiba announced the appointment of Mustafa Ali Al-Wahishi yesterday as the new head of the Internal Security Agency (ISA). Al-Wahishi replaces...
By Modupe Gbadeyanka A prominent phone maker, Tecno, has launched Camon 40 Premier 5G to revolutionise mobile photography and everyday smartphone use. The new product from the global innovative techno...
The Tripoli based Aldabaiba Ministry of Defence announced a ceasefire this morning after heavy fighting broke out overnight in Tripoli, including central and residential areas. The fighting was bet...
The success of Africa’s LNG sector hinges on strategic infrastructure development, inclusive local participation, and access to capital.</li...
Harambee Sacco is on the path of financial stability after it cleared Sh6 billion in bad debt and its asset base grew from Sh38.6 billion last year to Sh38.73 billion in 2025....
By Adedapo Adesanya The Central Bank of Nigeria (CBN) is eyeing $1 billion monthly in remittances as it launched the Non-Resident Bank Verification Number (NRBVN) platform alongside the Nigeria Inter-...
The power utility implemented stage two rolling blackouts on Tuesday....
Eskom announced its latest power system update and 2025 winter outlook....
By Diana Tenebe Nigeria stands at the cusp of an agricultural revolution with the ambitious plan to significantly transform its food and agriculture sector through the launch of the $510 million Speci...
Many of Kenyan women working in Saudi Arabia said their employers call them highly derogatory and racist names, including “hayawana” (animal), “khaddama” (servant) and “sharmouta” (pr...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose further by 1.02 per cent on Tuesday, May 13, buoying the market capitalisation by N19.77 billion to close at N1.967 trillio...
In an era defined by digital transformation and rapid technological advancement, data has emerged as one of the most valuable assets an organization can possess. From driving operational efficiency to...
By Adedapo Adesanya The Naira appreciated further against the US Dollar by 28 Kobo or 0.02 per cent in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, May 13. Data obtained from th...
Eskom implemented stage two load shedding yesterday....
Longevity in business is all about building lasting relationships, and relationships do not just happen; they require a lot of effort to cultivate....
The government has included medium-sized enterprises in the new policy in works for small businesses....
By Dipo Olowookere The loss recorded by Customs Street on Monday was reversed on Tuesday after closing higher by 0.46 per cent due to renewed buying interest from investors. Almost all the key sectors...
By Adedapo Adesanya The federal Government has approved a new policy known as Medipool, which targets lowering the cost of drugs and other medical consumables for Nigerians. This was part of the decis...
By Adedapo Adesanya Crude oil prices climbed by about 2 per cent a barrel on Tuesday, lifted by a temporary cut in US-China tariffs and a better-than-expected inflation report. The Brent crude grade w...
Eskom's announced yesterday that it would implement stage two load shedding....
By Adedapo Adesanya Amid the resurgence of attacks by Boko Haram in Borno and Yobe States, the Senate on Tuesday asked the military to urgently redeploy personnel and advanced equipment to tackle terr...
By Adedapo Adesanya The National Agency for Science and Engineering Infrastructure (NASENI) will adopt President Bola Tinubu’s Nigeria First Policy in science and technology to drive local entrepreneu...
In an environment where chemical residues threaten export markets, farmers and producers must think creatively and seek innovative ways to manage pests and diseases....
EIB Global and Family Bank are mobilising Sh14.7 billion (Euros 100 million) to finance women-owned and led businesses, and youth entrepreneurs in the country....
PARIS, FRANCE – Media OutReach Newswire – 13 May 2025 – Malaysia calls on the international community to strengthen cooperation in addressing the global water crisis – a transboundar...
Visa-free travel arrangement and 35 bilateral accords signed HONG KONG SAR – Media OutReach Newswire – 13 May 2025 – Hong Kong Special Administrative Region (HKSAR)’s Chief Exe...
Q1 data follows $74B economic loss in Asia Pacific from natural disasters in 2024 Earthquake in Myanmar estimated to be the costliest event of the year so far, with only a fraction insured SINGAPORE &...
HONG KONG SAR – Media OutReach Newswire – 14 May 2025 – The Chinese University of Hong Kong (CUHK) continues to attract international talent in specialised fields, as demonstrated by...
PENANG, MALAYSIA / SINGAPORE – Media OutReach Newswire – 14 May 2025 – The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), is ramping...
The superness of the Thika superhighway is debatable. The superhighway is now 13 years old....
Shaka Kariuki, the chief executive of Kuramo Capital, is quick to dispel the claim that small businesses are high-risk to trade with....
The report released showed that a majority of the super-rich attributed inheritance to 30 to 40 per cent of their wealth....
Kenya's private sector is straining under the weight of systemic challenges, according to a nationwide survey conducted by the Kenya National Chamber of Commerce and Industry....
"You can grow the economy without using labour rather than using technology and machinery.”...
Currently, logistical hurdles mean Kenyan flowers are primarily sold on order in China, bypassing the dynamic auction system that defines Dounan's daily rhythm....
Over 1,000 stakeholders from across the aviation sector have convened in Nairobi to discuss the challenges and opportunities surrounding ground operations, braces for long-term expansion....
Creecy says government has received overwhelming responses on investment in the rail infrastructure....
The Attorney General’s Office reported last Saturday (10 May) that the Public Prosecution ordered the pretrial detention of the administrative and financial affairs officer, the head of the procure...
The Libya Development and Reconstruction Fund and the Swiss company Mapco Construction SE signed a contract last Sunday (11 May) for the construction, equipping and operation of Al-Hawari General H...
The Minister of Housing and Construction, Abu Bakr Al-Ghawi, inaugurated yesterday the seventeenth edition of the Libya Build exhibition at the Tripoli International Fairgrounds, regarded as the m...
As Kenya pushes forward with its green transition, the showcase will equip students with insights into a rapidly growing sector that is shaping the future of global transport....
The state Libyan Iron and Steel Company (LISCO) announced last Friday (9 May) the loading of 29,000 tons of hot briquetted iron (HBI) began on Thursday on the ship “KEREM,” which will h...
Scholarship programmes and flexible payment options have made quality hospitality education accessible to students from all backgrounds....
Calm seems to have returned to Tripoli this morning after overnight clashes between various state-recognised militias and army forces from within Tripoli – with support from Misrata based for...
The Central Bank of Kenya (CBK) has dismissed commercial lenders' claims that its proposed loan pricing reforms amount to a return to "interest rate capping."...
Eskom says the decision is due to a delay in the return of generation units...
By Michael Owhoko, PhD The astronomical rise in banks’ profits as reflected in the 2024 full year financial report has exposed the banking industry as a lucrative enterprise powered by arbitrary charg...
By Adedapo Adesanya APM Terminals Apapa has reported a 31.5 per cent increase in export volumes for April 2025, reaching its highest monthly figure since operations began in 2006. The terminal handled...
Unlike traditional software programs that follow pre-ordained paths of logic dictated by programmers, generative AI (gen AI) models are trained to find their own way to success once prompted....
By Aduragbemi Omiyale President Bola Tinubu’s Senior Special Assistant on Entrepreneurship Development in Communications, Innovation and Digital Economy, Ms. Chalya Shagaya, has commended Legend Inter...
By Adedapo Adesanya UK-based business-to-business cross-border payments platform, Verto, has been announced as the winner of the $1 million Milken-Motsepe Prize in fintech. The award recognises compan...
Kenya’s wealthy are leading a strategic shift from luxury homes and foreign assets to energy-efficient, revenue-generating investments in 2025. Knight...
By Adedapo Adesanya The Nigerian Maritime Administration and Safety Agency (NIMASA) has selected Fidelity Bank, UBA, Zenith Bank, First Bank, Jaiz Bank, Lotus Bank, and six other Primary Lending Insti...
The unemployment rate increased by one percentage point to 32.9% in the first quarter of 2025....
The Gauteng Departments of Health and Education accounted for 58% of the unspent funds....
The National Treasury has quietly reintroduced a controversial proposal in the 2025 Finance Bill that seeks to grant the Kenya Revenue Authority (KRA) access to personal data and trade secrets....
Finance Minister, Enoch Godongwana postponed the Budget Speech in February....
Veteran seafarers and maritime experts have sounded the alarm over the activities of an unregistered firm allegedly recruiting Kenyans to work aboard foreign ships without authorisation....
As part of the buildup to the 11th Africa Magic Viewers’ Choice Awards (AMVCA), Africa Magic and MultiChoice hosted Young Filmmakers’ Day, an inspiring platform designed to mentor and celebrate the ne...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.64 per cent increase on Monday, May 12, with its total value rising by N12.46 billion to N1.947 trillion from the N...
The Labour Court ruling exempts the City of Tshwane from increasing its employees' salaries....
By Dipo Olowookere The Minister of State for Finance, Ms Doris Uzoka-Anite, has advised global investors to quickly key into the federal government’s economic reforms so as not to bite their fingers l...
By Adedapo Adesanya The Naira closed stronger against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) by N9.35 or 0.58 per cent on Monday, May 12 at at N1,600.29/$1...
By Dipo Olowookere Ms Idu Okwuosa-Okeahialam has been appointed as the new Managing Director of Royal Exchange Plc after successfully undergoing the necessary process prior to her appointment. Her app...
By Dipo Olowookere The federal government is looking to borrow about N300 billion from investors through the issuance of a fresh Sukuk, with an annual rental income of 19.75 per cent. The Islamic debt...
By Dipo Olowookere The first trading session of the new week on the floor of the Nigerian Exchange (NGX) Limited ended on a negative note, with a 0.43 per cent loss, driven by sustained profit-taking....
The results of the previous survey showed a slight improvement in SA's employment landscape...
This year's event is held under the theme "Unlimited Africa"....
By Adedapo Adesanya The oil market appreciated by more than 1 per cent to settle at a two-week high on Monday, after the US and China agreed to temporarily slash tariffs, raising hopes of an end to th...
The developers of the PariPulse app do not stand still, regularly releasing updates with new features and improvements. The application becomes faster and more stable with each update, correcting mino...
By Adedapo Adesanya The National Pension Commission (PenCom) has said it hopes to achieve about 20 million pension contributors by the end of year 2027, as against the over 10.65 million it currently...
The entity held a stakeholder ceremony to outline its engineering strategy and boost its brand....
By addressing the underlying challenges and embracing innovative solutions, Africa can transform the AfCFTA from a hopeful vision into a tangible reality, of a prosperous and integrated continent....
The Kenya National Bureau of Statistics report shows an increase of 29.9 per cent in the number of camels slaughtered in 2024....
KRA has launched a crackdown on VAT fraud, targeting the notorious "missing trader scheme" and reinforcing internal controls to curb staff collusion....
Kenya power is already working with the Kenya Industrial and Research Development Institute on the possibility of coming up with a battery assembly plant....
Safaricom has hired an army of developers to build the products and services on which it would anchor its transition into a technology company....
Equity Group Holdings and the African Guarantee Fund have strengthened their commitment to supporting MSMEs with a $500 million (Sh64.5 billion) facility....
The European Union has launched the European Chamber of Commerce in Kenya aimed at enhancing economic ties and private sector collaboration...
Stronger economic growth in other EAC countries is slowly edging out Kenya as the gateway of goods to the rest of the region, the latest report by the government statistician shows....
By Abba Dukawa Despite political scepticism from opposition politicians, Governor Mai Mala Buni has proven his commitment to serving Yobe State’s people, prioritizing their needs over personal i...
By Adedapo Adesanya Nigeria’s inflation rate is projected to average 22.1 per cent in 2025, according to the World Bank. The global lender disclosed this in a statement published Monday on its website...