
Mombasa rail to improve cargo and commuter transport
Travellers and residents of Mombasa have every reason to smile after the launch of Mombasa Commuter Rail Services which is expected to improve transport within the city's logistics hubs....
Travellers and residents of Mombasa have every reason to smile after the launch of Mombasa Commuter Rail Services which is expected to improve transport within the city's logistics hubs....
American construction, mining and other engineering equipment manufacturer Caterpillar has marked 100 years of its operation in Kenya....
Harsh economic times, the high cost of living, and the denial of credit by banks to households and businesses have forced many Kenyans into backstreet borrowing....
By Modupe Gbadeyanka President Bola Tinubu on Wednesday announced an end to emergency rule in Rivers State, restoring the suspended Governor of the state, Mr Sim Fubara. In a statement issued barely 2...
The union accuses the company of going behind its back to negotiate directly with workers....
By Modupe Gbadeyanka The National Food Security Fund of the federal government of Nigeria has received a massive boost with a landmark deal signed between the Bank of Agriculture (BOA) and the African...
Transnet says the new fleet of cranes is part of a massive investment....
By Modupe Gbadeyanka The cooling of the country’s inflation for the fifth consecutive month to 20.12 per cent in August 2025 has been applauded by the Nigeria Employers’ Consultative Association (NECA...
Sanlam Kenya will hold a virtual Extra-Ordinary General Meeting on Thursday to seek shareholder approval for a formal name change to Sanlam Allianz Holdings (Kenya) PLC....
By Adedapo Adesanya The Presidential Fertiliser Initiative (PFI) said it is advancing efforts to secure a resilient and uninterrupted supply of fertiliser to Nigerian farmers, with over 560,000 metric...
By Aduragbemi Omiyale The N3.992 billion rights issue of Chams Plc earlier scheduled to close on Friday, September 12, 2025, has now been extended by two weeks. The company secured the approval of the...
By Adedapo Adesanya Nigeria has reaffirmed its commitment to achieving Sustainable Development Goal 6 (SDG 6), universal access to clean water and sanitation, while strengthening the nation’s water, s...
Growth in global innovation funding has fallen to its lowest rate since 2010, UN projections showed Tuesday...
By Aduragbemi Omiyale A primary school in Kano State, Hausawa Model Primary School, has been renovated by Stanbic IBTC Holdings Plc under its Adopt-A-School initiative. The renovation project was to c...
By Saifullahi Attahir I had the privilege of attending the Africa Youth Health Summit, organized by the Federation of African Medical Students’ Associations (FAMSA). The three-day event, held from Sep...
By Adedapo Adesanya The United Kingdom government has launched a sports initiative to empower youths in Lagos as part of efforts to support the Nigerian government in building safer communities and cr...
By Kestér Kenn Klomegâh Like many African countries, Zimbabwe’s economy needs sustainable resuscitation. On his mid-January 2019 official working visit to Moscow, President Emmerson Mnangagwa to...
The US Trade Representative (USTR) is soliciting comments from American businesses on trade barriers they face in Kenya...
The lottery industry represents one of the world’s most profitable entertainment sectors, generating billions of dollars annually. However, when examining whether online lotteries constitute goo...
By Adedapo Adesanya The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bashir Bayo Ojulari, says Nigeria will fill the gaps to be created by the complete phasing out of...
By Adedapo Adesanya Remittance fintech company, Chipper Cash, has announced reductions in fees on its Dollar virtual card, a move that comes as the Nigerian Naira records improved performance against...
Four out of 13 categories in the inflation basket registered monthly declines....
By Aduragbemi Omiyale To “mitigate risks associated with abrupt changes in leadership,” the Central Bank of Nigeria (CBN) has directed banks operating in the country, especially the Domestic Systemica...
By Aduragbemi Omiyale Africa’s richest man, Mr Aliko Dangote, has emphasised that he has no plans to play in the retail petroleum market at the moment, saying his major focus is to ensure the country...
Uber Safari’s debut in Kenya builds on the taxi firm’s 2024 pilot in South Africa’s Kruger National Park, which, despite initial challenges, is paving the way for scalable digit...
By Modupe Gbadeyanka More than N22 million in educational grants and consolation prizes are up for grabs in the 2025 National Essay Competition (NEC) of UBA Foundation, the Corporate Social Responsibi...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange was plunged into danger zone on Tuesday, September 16 by 0.37 per cent due to profit-taking in five stocks on the platform. Duri...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited experienced a pullback of 0.08 per cent on Tuesday, influenced by profit-taking in 27 equities led by Austin Laz. The selling on Customs Street y...
By Adedapo Adesanya The Naira further appreciated against the Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, September 16 by N12.61 or 0.84 per cent to settle at N1,484....
By Modupe Gbadeyanka President Bola Tinubu on Tuesday returned to Nigeria from his two-week vacation in Europe. He arrived at the Nnamdi Azikiwe International Airport, Abuja yesterday evening, at abou...
By Adedapo Adesanya Crude prices were up on Tuesday as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its ports and refineries, while the markets...
There is a certain saying among Nairobi residents that if you have never sold GNLD products, then you haven't seen the hard part of this city....
The additional support is expected to increase the bulk of Transnet's freight transportation....
Stakeholders have underscored the need for mentorship programmes as a sustainable way to tackle youth unemployment in Kenya, citing the gap between academic training and workplace readiness....
Energy Minister Kgosientsho Ramokgopa says the increase in the cost of electricity is too high....
KDB and International Livestock Research Institute (ILRI) have signed a MoU aimed at accelerating inclusive growth, innovation, and sustainability in Kenya's dairy sector....
The cost of electricity will go up this month after the Energy and Petroleum Regulatory Authority (Epra) increased the fuel cost charge component of the power bill....
At only 24, Beatrice Achieng, a mother of one from Ugunja in Siaya County, is breaking gender barriers with every spark from her welding machine....
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 September 2025 – AlphaMove, a Malaysian blockchain startup building a public, permissionless ecosystem for Real-World Asset (RWA...
Throughout the week, visitors will be invited to attend equestrian performances of the highest caliber, featuring both Moroccan and international troupes in a sophisticated and engaging mise en scène...
HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Hengan International Group Company Limited (“Hengan International” or the “Company”, SEHK stock...
Thirteen years after the launch of Kenya's first fintech, M-Shwari, the country has made tremendous strides in expanding access to credit and advancing financial inclusion for everyday Kenyans....
Many who acquire small plots of land, such as an eighth of an acre, often do not view these parcels as immediate opportunities for generating side income, leaving them largely unused....
The Capital Markets Authority approved the controversial sale of 29.2 per cent of EAPC to a Tanzanian cement baron at a price it acknowledged was a steep discount....
Tier one lender, Standard Chartered Bank Kenya Ltd, has projected at least a 25 per cent fall on its 2025 full-year net profit....
Kenya plans to grow its leather industry from Sh10.3 billion to Sh109.6 billion through new investor packages and the launch of the Bipingo Special Economic Zone....
The Monetary Policy Committee decided to cut rates by 25 basis points at its last meeting....
By Modupe Gbadeyanka An initiative designed to improve early detection, promote preventive healthcare, and empower women across Akwa Ibom State has been launched by Access Bank Plc. The scheme, Projec...
By Adedapo Adesanya The Sole Administrator of Rivers State, Mr Ibok-Ete Ekwe Ibas, has declared that his temporary administration has successfully stabilised the state, laying a crucial foundation for...
Nersa is responsible for determining the electricity tariffs that Eskom charges....
By Blaise Udunze Nigeria today sits at a troubling crossroads where official statistics clash with the bitter truth of daily survival. Each month, the National Bureau of Statistics (NBS) and the Feder...
By Adedapo Adesanya The Vice-President of Nigeria, Mr Kashim Shettima, has said the country’s doors are open to investments, following reforms from the current administration. He made this known on Mo...
Millions of Kenyans struggling to afford reliable smartphones could soon get a lifeline through a new financing plan aimed at bridging the country's digital divide....
By Modupe Gbadeyanka The eighth edition of Verve’s flagship lifestyle and active consumer engagement initiative, VerveLife, is expected to be very exciting with Google Play as a strategic partne...
In today’s scenario, technology is much more than a tool; it is a driving force shaping the world around us. As we move toward the future, it is clear that technology has become a powerful ally...
Africa has unveiled its first AI data centre in Uganda, a project hailed as a turning point that will shift African data from foreign servers back to the continent....
By Dipo Olowookere A leading fintech and provider of embedded financial services in Saudi Arabia, HALA, has raised about $157 million in a Series B investment round. This came after an impressive year...
By Adedapo Adesanya The first US import of Premium Motor Spirit (PMS), popularly known as petrol, from the Dangote Refinery in Lagos landed on Monday, Reuters reported. According to media platform, to...
It’s Week 7 in Big Brother’s house, and the game is tougher than ever. Out of the original 29 contestants, 13 housemates have already said their goodbyes, leaving the rest to battle it out for surviva...
By Modupe Gbadeyanka Stanbic IBTC Holdings Plc has updated its mobile application, renaming it as APPbility. The platform was enhanced to revolutionize digital financial transactions in Nigeria. APPbi...
By Adedapo Adesanya The Nigeria Customs Service (NCS) has automated the clearance process for overtime cargoes and extended the window to 120 days to facilitate trade. The Comptroller-General of the N...
For Abdimalik, e-commerce is more than a business idea; it is a response to the growing demand for convenience among Kenya's expanding digital generation....
Activists say coastal communities have been sidelined in decisions that affect their livelihood....
By Adedapo Adesanya Former Vice President and presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general elections, Mr Atiku Abubakar, has raised alarm over ongoing moves to amen...
By Aduragbemi Omiyale Over 1.1 billion litres of Premium Motor Spirit (PMS), otherwise known as petrol, have been exported by Dangote Refinery. The owner of the facility, Mr Aliko Dangote, revealed th...
The Liquor Amendment Bill calls for govt to actively counter the normalisation of alcohol use....
The call was reinforced during the launch of the inaugural cohort of the MD Mentorship Program, spearheaded by Treasure Communications in partnership with Generation Kenya....
Many players in livestock farming across Africa remain unaware of the relationship between this sector and greenhouse gas emissions. Currently, livestock far...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.13 per cent on Monday, September 15, pushing the market capitalisation of the bourse higher by N2.67 billion to N2.138...
Former CBK chairperson Mohamed Nyaoga appointed Absa Bank Board chair, effective October 1, he replaces Charles Muchene who has been at the helm for nine years....
By Adedapo Adesanya For the first time in a while, the exchange rate of the Naira to the US Dollar closed below the N1,500-mark in the Nigerian Autonomous Foreign Exchange Market (NAFEX). At the offic...
Kweli Capital Limited, an East African technology-driven investment company, has acquired a majority stake in Old Mutual Securities Limited....
Former CBK chairperson Mohamed Nyaoga appointed Absa Bank Board chair, effective October 1, he replaces Charles Muchene who has been at the helm for nine years....
Moody's has sounded an alarm that the Kenyan government is currently battling sharply high borrowing costs, which are worsening fiscal strains and limiting credit availability for private businesses....
Equity Bank trade mission has attracted a diverse group of entrepreneurs from Kenya, DRC, Tanzania, Zimbabwe, Ethiopia, South Sudan, Poland, Germany, and the U.S. <s...
By Aduragbemi Omiyale A Nigerian start-up in the financial technology (fintech) space, Rendcore, has taken a significant step to tap into the Nigerian $20.5 billion annual remittance landscape. The fi...
The corridor is the key logistics artery that facilitates movement from Africa's eastern seaboard through Kenya to numerous landlocked countries in the region....
By Dipo Olowookere The first trading session of this week on the floor of the Nigerian Exchange (NGX) Limited ended on a positive note, with a 0.79 per cent appreciating driven by renewed interest in...
By Modupe Gbadeyanka The sophomore edition of the Creative Economy Week Nigeria 2025 has official kicked off and the train will touchdown in five Nigerian cities and a British city courtesy the Britis...
By Aduragbemi Omiyale The contentious 4 per cent free on board (FOB) levy collected by the Nigeria Customs Service (NCS) on items imported into the country has been suspended by the federal government...
By Adedapo Adesanya The two major crude oil grades appreciated on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of US President Donald Trump pressing cou...
For decades, Africa's Industrialisation story has been written in the margins of global growth....
Experts say government, which is the top borrower, is taking more but paying less in terms of interest rates....
There are at least 35 approved PSPs by the Central Bank of Kenya (CBK)....
In line with Vision 2030’s Saudisation programme, Zutari has committed to developing local talent and creating employment opportunities JOHANNESBURG, SOUTH AFRICA – EQS Newswire – Septembe...
HONG KONG SAR – Media OutReach Newswire – 16 September 2025 – Allianz Trade in Asia Pacific is pleased to appoint Hassan Omaish to the role of CEO for Hong Kong, South Korea and Taiw...
HONG KONG SAR – Media OutReach Newswire – 16 September 2025 – From now until 2 November 2025, LEGOLAND® Discovery Centre Hong Kong, part of Merlin Entertainments Group, invites LEGO®...
The corridor is the key logistics artery that facilitates movement from Africa's eastern seaboard through Kenya to numerous landlocked countries in the region....
By Modupe Gbadeyanka The 30th edition EvaluatePR organised by Nigeria’s foremost independent media intelligence and PR measurement agency, P+ Measurement Services, will examine how the rapid rise of a...
The plan potentially provides Musk -- already the world's wealthiest person -- with up to 12 percent of additional total company shares....
By Modupe Gbadeyanka African leaders have been urged to design effective policy frameworks and invest in technology to be able to feed itself and the rest of the world. This advice was given by the ch...
By Adedapo Adesanya Nigeria’s headline inflation rate eased to 20.12 per cent in August 2025, marking a fifth straight month of decline, from the 21.88 per cent recorded in July 2025. This is accordin...
By Adedapo Adesanya The Vice President of Nigeria, Mr Kashim Shettima, has directed the Presidential Food Systems Coordinating Unit (PFSCU) to expedite action on the disbursement of the federal govern...
By Aduragbemi Omiyale Some critical stakeholders in the African film industry are already arriving in Lagos for the 2025 Africa Film Finance Forum (AFFF). The event is slated for September 16–18, 2025...
By Aduragbemi Omiyale The implementation of the global sustainability disclosure standards developed by the International Organisation of Securities Commissions (IOSCO) in Nigeria would be gradual, th...
By Adedapo Adesanya Kredete, a fintech focused on helping African immigrants build credit and access financial services, has raised $22 million in a Series A round to expand credit-building infrastruc...
By Modupe Gbadeyanka The Ecobank Design and Build Exhibition 2025 slated for September 24 to 28 at the Ecobank Pan African Centre (EPAC), Lagos, will have two personalities in the real estate business...
Predictions are that inflation will be at 4.2% over the long-term....
Commercial banks in Kenya have been urged to finance green projects, that they have shied away from for long citing high risk....
By Adedapo Adesanya The Dangote Refinery and Petrochemicals will launch its Compressed Natural Gas (CNG) trucks for the commencement of nationwide distribution of Premium Motor Spirit (PMS) today (Mon...