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Last updated: 2025-10-17 07:05:17
Mombasa rail to improve cargo and commuter transport
Source: Standard Media

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....

Sanlam Kenya to change name to SanlamAllianz
Source: Standard Media

Sanlam Kenya to change name to SanlamAllianz

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....

Nigeria Receives Raw Materials to Boost Fertiliser Value Chain
Source: Business Post Nigeria

Nigeria Receives Raw Materials to Boost Fertiliser Value Chain

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...

Chams Extends N3.992bn Rights Issue Deadline by Two Weeks
Source: Business Post Nigeria

Chams Extends N3.992bn Rights Issue Deadline by Two Weeks

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...

Nigeria Moves to Achieve SDG-6 to Boost Water, Sanitation Systems
Source: Business Post Nigeria

Nigeria Moves to Achieve SDG-6 to Boost Water, Sanitation Systems

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...

Stanbic IBTC Renovates Hausawa Model Primary School Kano
Source: Business Post Nigeria

Stanbic IBTC Renovates Hausawa Model Primary School Kano

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...

My Experience at the Africa Youth Health Summit
Source: Business Post Nigeria

My Experience at the Africa Youth Health Summit

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...

UK Backs Sports Initiative to Empower Lagos Youths Against Crime
Source: Business Post Nigeria

UK Backs Sports Initiative to Empower Lagos Youths Against Crime

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...

Russia Broadening its Economic Presence in Zimbabwe
Source: Business Post Nigeria

Russia Broadening its Economic Presence in Zimbabwe

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...

Are Online Lotteries Good Business? A Nigerian Perspective
Source: Business Post Nigeria

Are Online Lotteries Good Business? A Nigerian Perspective

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...

Ojulari Tasks Africa to Accelerate Energy Transition
Source: Business Post Nigeria

Ojulari Tasks Africa to Accelerate Energy Transition

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...

CBN Orders Banks to Announce New CEOs Three Months Ahead
Source: Business Post Nigeria

CBN Orders Banks to Announce New CEOs Three Months Ahead

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...

I Don’t Intend to Acquire Filling Stations—Dangote Declares
Source: Business Post Nigeria

I Don’t Intend to Acquire Filling Stations—Dangote Declares

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...

Five Securities Weaken Nigeria’s OTC Stock Market by 0.37%
Source: Business Post Nigeria

Five Securities Weaken Nigeria’s OTC Stock Market by 0.37%

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...

Austin Laz, 26 Others Pull Down Customs Street by 0.08%
Source: Business Post Nigeria

Austin Laz, 26 Others Pull Down Customs Street by 0.08%

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...

Naira Appreciates Further to N1,484/$1 at NAFEM
Source: Business Post Nigeria

Naira Appreciates Further to N1,484/$1 at NAFEM

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....

Tinubu Returns to Nigeria from European Vacation
Source: Business Post Nigeria

Tinubu Returns to Nigeria from European Vacation

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...

Calls for mentorship to beat youth unemployment
Source: Standard Media

Calls for mentorship to beat youth unemployment

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....

Ways to earn income from that idle plot
Source: Standard Media

Ways to earn income from that idle plot

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....

Access Bank Takes Cervical Cancer Campaign to Akwa Ibom
Source: Business Post Nigeria

Access Bank Takes Cervical Cancer Campaign to Akwa Ibom

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...

Emergency Rule Has Stabilised Rivers—Ibas
Source: Business Post Nigeria

Emergency Rule Has Stabilised Rivers—Ibas

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...

Bold Reforms Making Nigeria Open to Investments—Shettima
Source: Business Post Nigeria

Bold Reforms Making Nigeria Open to Investments—Shettima

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...

Africa launches first AI data centre
Source: Standard Media

Africa launches first AI data centre

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....

TPG, Sanabil, Others Invest $157m in Saudi’s Fintech HALA
Source: Business Post Nigeria

TPG, Sanabil, Others Invest $157m in Saudi’s Fintech HALA

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...

First Petrol Import From Dangote Refinery Lands in US
Source: Business Post Nigeria

First Petrol Import From Dangote Refinery Lands in US

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...

Which of BBNaija S10 Housemates Will Be Going Home This Sunday?
Source: Business Post Nigeria

Which of BBNaija S10 Housemates Will Be Going Home This Sunday?

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...

Customs Extends Overtime Cargoes Window to 120 Days
Source: Business Post Nigeria

Customs Extends Overtime Cargoes Window to 120 Days

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...

How e-Commerce is reshaping shopping in Kenya
Source: Standard Media

How e-Commerce is reshaping shopping in Kenya

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....

Atiku Kicks Against Planned Amendment to PIA 2021
Source: Business Post Nigeria

Atiku Kicks Against Planned Amendment to PIA 2021

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...

NASD OTC Exchange Expands 0.13%
Source: Business Post Nigeria

NASD OTC Exchange Expands 0.13%

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...

Absa Bank appoints Mohamed Nyaoga as board chair
Source: Standard Media

Absa Bank appoints Mohamed Nyaoga as board chair

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....

Naira Trades N1,500/$1 at Official Market, Now N1,497/$1
Source: Business Post Nigeria

Naira Trades N1,500/$1 at Official Market, Now N1,497/$1

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...

How high borrowing costs compound Kenya's debt challenges
Source: Standard Media

How high borrowing costs compound Kenya's debt challenges

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....

Nigerian Stock Market Opens Week With 0.79% Growth
Source: Business Post Nigeria

Nigerian Stock Market Opens Week With 0.79% Growth

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...

FG Suspends 4% FOB Levy on Imported Goods
Source: Business Post Nigeria

FG Suspends 4% FOB Levy on Imported Goods

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...

Brent, WTI Gain Amid Russian Supply Issues
Source: Business Post Nigeria

Brent, WTI Gain Amid Russian Supply Issues

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...

Allianz Trade in Asia Pacific appoints CEO for Hong Kong Hub
Source: Business Post Nigeria

Allianz Trade in Asia Pacific appoints CEO for Hong Kong Hub

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...

Elon Musk buys $1 billion in Tesla shares
Source: Standard Media

Elon Musk buys $1 billion in Tesla shares

The plan potentially provides Musk -- already the world's wealthiest person -- with up to 12 percent of additional total company shares....

Shettima Orders Disbursement of N250bn Credit Support to Farmers
Source: Business Post Nigeria

Shettima Orders Disbursement of N250bn Credit Support to Farmers

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...

Kredete Raises $22m Series A Fund to Boost Credit Expansion
Source: Business Post Nigeria

Kredete Raises $22m Series A Fund to Boost Credit Expansion

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...

Dangote to Launch CNG Trucks for Nationwide Petrol Supply
Source: Business Post Nigeria

Dangote to Launch CNG Trucks for Nationwide Petrol Supply

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...

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