Sirte Oil and Gas Company announced yesterday the successful drilling of a directional well in the Zilten field (C343H-6). The well flowed at a rate exceeding 1,400 barrels per day, with a natural...
As part of efforts to enhance coordination and integration between macroeconomic policies in Libya, the Governor of the Central Bank of Libya (CBL), Naji Issa, held an expanded meeting at the bank...
Libya’s Tatweer Research informed Libya Herald that the European Union has officially launched the civil society component of a two-year initiative, ‘‘Youth-Centred Dialogue for Peace and Justice i...
By Dipo Olowookere A 0.41 per cent rise recorded by the Nigerian Exchange (NGX) Limited on Wednesday returned its benchmark performance indicator, the All-Share Index (ASI), into the 140,000-point reg...
Waha Oil Company announced last Tuesday (9 September) that it had successfully drilled a new gas well (BB-19) in the Faragh field, overcoming significant technical challenges. The initial productio...
By Adedapo Adesanya Crude oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions, with Brent crude futures gaining $1.10 or 1.7 per cent...
According to the report, it takes 13 months to sell off a one-bedroom or two-bedroom apartment or flat....
The colonial centre was located in a strategic hilly position, overlooking the Gaturi hills and Sagana river on the Eastern side....
It is estimated that a modern training vessel costs at least Sh7.8 billion, and most institutions are unable to raise the money....
Kenyan units of global banking giants are offering the country's most competitive lending rates, using their expansive capital bases to undercut domestic rivals....
In Nigeria, it is common as many properties are built on borrowed money....
JAKARTA, INDONESIA – Media OutReach Newswire – 10 September 2025 – inDrive, a global urban mobility platform, reaffirms its commitment to prioritizing the welfare of drivers. As a su...
HONG KONG SAR – Media OutReach Newswire – 10 September 2025 – AUX Electric Co., Ltd. (Stock Code: 2580.HK), the core air conditioning business of AUX Group, listed on the Hong Kong S...
Investment to support accelerated expansion in APAC, including acquisition of hyperscale data center campus in Johor, Malaysia, strengthening Vantage’s position as a market leader in Asia Pacific DENV...
MUNICH, GERMANY – Newsaktuell – 10 September 2025 – REMA TIP TOP acquires significant assets and operations of the Canadian Almex Group. With the acquisition, the company expands its...
The move is meant to build capacity for the complex to be able to host more UN agency offices, events and activities in the future....
Restrictions on the use of drones has discouraged drone manufacturers from investing in the country....
By Modupe Gbadeyanka Approval has been given by the board of Indus Towers to penetrate African markets, with Nigeria, Uganda, and Zambia the first stops, though this is subject to necessary approvals...
New propositions bundle together connectivity, fuel discounts, insurance cover and financial wellness support for Kenya's transport operators....
By Modupe Gbadeyanka The immediate past chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, is being questioned by the Economic and Financial Crimes Commission (E...
The tariffs will impact countries that do not have trade deals with Mexico....
Oramah expressed particular frustration at the absence of African development banks, commercial lenders, and credit insurers....
By Modupe Gbadeyanka The Managing Director for Commercial Inclusion (Interswitch Inclusio) at Interswitch Group, Mr Muyiwa Asagba, has disclosed that the e-invoicing solutions of the organisation are...
The move signals a strategic bid to capture a share of East Africa's rapidly growing digital economy, which Euromonitor forecasts will account for 29 per cent of Africa's total GDP by 2040....
By Adedapo Adesanya Nigeria reportedly experienced another national grid collapse on Wednesday afternoon, with parts of the country without power supply, Business Post reports. While some parts of Lag...
According to the Central Bank of Libya’s latest financial statistics bulletin published yesterday for Libya’s state revenues and expenditure during the period January to end of August 2025, revenu...
Small-scale tea farmers would know their annual bonus in two weeks after a meeting of the directors of the Kenya Tea Development Agency slated for September 22 to 26, 2025....
By Faridat Yusuf and Omolola Makanjuola A new report from Google Search Trends has showed that the adoption of Artificial Intelligence (AI) by students was increasing. In the study made available to B...
A Libyan Indian Economic Forum will be held in Tripoli in the last quarter of this year. The news was revealed during the meeting held yesterday between Mohamed Hwej, the Tripoli based Libyan Mini...
By Adedapo Adesanya The federal government has officially published Nigeria’s new tax reform laws in the government gazette, marking a historic overhaul of the country’s fiscal framework. This was rev...
By Aduragbemi Omiyale In recognition of its outstanding work in strategic communications and brand storytelling, Mediacraft Associates has been announced as the winner of the Most Outstanding Corporat...
By Adedapo Adesanya The outgoing Customs Area Comptroller of Apapa Command of the Nigeria Customs Service (NCS), Mr Babatunde Olomu, has said his administration laid a solid foundation for sustained r...
By Aduragbemi Omiyale The largest power generation firm in Nigeria, Egbin Power Plc, has promised to maintain its support for education and community development. The company reaffirmed this at a cere...
Speaking yesterday during a panel discussion at Milan’s Gastec 2025 conference dedicated to discussing the future of energy in North Africa in light of current challenges, and ensuring gas supplies...
The Tripoli based Libyan Ministry of Economy and Trade reported yesterday the launch of the Blue Economy Strategy 2025 workshop under the slogan “Sustainability of Marine Resources for Compre...
The grading, sorting, and packaging of miraa for export at JKIA, Nairobi, verandas and walkways has been banned effective September 9, 2025....
By Adedapo Adesanya The Minister of Finance, Mr Wale Edun, has clarified that there are no immediate plans to implement the proposed 5 per cent tax on petroleum products, backing up an initial asserti...
By Dipo Olowookere One of the players in the Nigerian brewery landscape, Champion Breweries Plc, has formally asked for an approval to list its proposed rights issue on the Nigerian Exchange (NGX) Lim...
By Adedapo Adesanya African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) to catalyse large-scale trade in raw materials, minerals and value-added pro...
By Modupe Gbadeyanka A new song titled FLEX has been released by an international Afrobeats artist, producer, and songwriter known as Jesse Flames. He teamed up with Nigerian rap icon, Jesse Jagz, to...
The Tripoli based state Administrative Control Authority (ACA), in charge of the oversight of state-sector employees, announced yesterday that its head had suspended eight current and former member...
By Adedapo Adesanya Lagos State Government has commenced its consultative forum for the 2026 budget cycle, with a focus on infrastructure and social welfare. The forum, which has been an annual exerci...
By Aduragbemi Omiyale The next Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) has been fixed for Monday, September 22 and Tuesday, September 23, 2025. This information wa...
By Adedapo Adesanya The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reaffirmed the government’s commitment to modernising trade systems and boosting revenue as Nige...
The 21st-century technological revolution has broken new ground and redefined the way we live, work, and connect. Modern technology is not just a tool; it is a force shaping our present and shaping ou...
By Adedapo Adesanya A marginal fall of 0.03 per cent was recorded by the NASD Over-the-Counter (OTC) Securities Exchange on Tuesday, September 9, after three securities closed lower, overpowering the...
By Adedapo Adesanya The exchange rate of the Naira to the US Dollar moved in different directions on Tuesday at the foreign exchange (FX) market, according to data collated by Business Post. In the pa...
The partnership with the UAE is helping Kenya write a story, and every Kenyan-indeed, every East African-should take pride in the chapters being created....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further appreciated by 0.20 per cent on Tuesday on the back of sustained buying pressure on stocks across sectors, though the energy space was do...
This is the story of 35-year-old Vincent Machuka, a dog breeder, trainer and also the owner of K9 Machuka Fly Dog security agency....
By Adedapo Adesanya The Lagos State Government on Monday disbursed a total of N1.52 billion to another set of 798 retirees of the Lagos State Public Service. The retirement bond certificates were pres...
By Adedapo Adesanya Oil prices jumped on Tuesday on fresh tension in the Middle East after the Israeli military said it carried out an attack on Hamas leadership in Doha, the capital of Qatar. Brent c...
Literacy has always been a gateway to freedom. It is the skill that unlocks knowledge, gives people access to opportunity, and helps communities rise above inequality. UNESCO calls literacy a basic hu...
Lean Energy Solutions has launched its inaugural University essay award competition on renewable energy. It is aimed at aligning youth innovation with Kenya's renewable energy agenda....
Agriculture is the backbone of Kenya's economy, employing over 70 per cent of the rural population and contributing significantly to the country's gross domestic product (GDP)....
Kenya is set to host the first Waste Electrical and Electronic Equipment (WEEE) Innovation Summit from September 16-18, 2025, at Strathmore Business School, Nairobi....
The Meetings, Incentives, Conferences and Exhibition (MICE) tourism segment, stakeholders say, has been held back by a lack of data for decision-making and political instability....
The Energy Ministry has invited bids from firms to distribute 6kg cylinders to households in rural and peri-urban areas.The State will cater for 40 per cent of the costs....
This is the story of 35-year-old Vincent Machuka, a dog breeder, trainer and also the owner of K9 Machuka Fly Dog security agency....
HONG KONG SAR – Wechat: 优质建筑大奖https://weibo.com/u/7876441170 The issuer is solely responsible for the content of this announcement....
BERLIN, GERMANY – Media OutReach Newswire – 9 September 2025 – At IFA 2025, the Deutscher Tennis Bund (DTB) presented CHiQ with an “Honorary Partner” certificate for its...
HONG KONG SAR – Media OutReach Newswire – 10 September 2025 – HKGSEO, a leading SEO company in Hong Kong, today announced the launch of its revolutionary “SEO+GEO” dual-e...
SINGAPORE – Media OutReach Newswire – 10 September 2025 – SKINARMA has dropped its new iPhone 17 case lineup, larger than last year’s, featuring fresh colorways and survivalist-inspi...
Kenya's microfinance banks (MFBs), once hailed as critical vehicles for financial inclusion, are now the weakest link in the country's banking sector, with six consecutive years of losses....
Kenya's property market is safe from a possible housing bubble due to the cash-based nature of transactions in the real estate sector, where just two per cent of units are bought through mortgage....
By Adedapo Adesanya The United Kingdom Government has announced a £19 million funding commitment to develop climate resilient health and education facilities in Nigeria. The announcement was made at a...
By Modupe Gbadeyanka The nationwide strike embarked upon by members of the Nigeria Union of Petroleum and Natural Gas (NUPENG) has been suspended. The industrial action was called off after the union...
While AI will not replace human journalists, the technology is largely assistive and can be utilised to boost efficiency in news-gathering, packaging, and dissemination....
By Dipo Olowookere The N3.992 billion rights issue of Chams Holding Company (Chams Holdco) Plc seems to be witnessing a last minute rush as the deadline of the exercise draws closer. Feelers from indu...
The stores will offer fresh produce, technology, household necessities including clothing....
By Adedapo Adesanya Nigerians have been assured that the proposed five per cent surcharge on fuel will not take effect from January 2026, as previously speculated. This was hinted by the Chairman of t...
By Dipo Olowookere Nigerian businesses in Nigeria are beginning to embrace Artificial Intelligence (AI), using the technology to execute some of their operations, a study by Zoho has revealed. On the...
A new initiative is set to empower young professionals with the knowledge and tools needed to reshape the narrative and unlock the benefits of cultural tourism....
By Adedapo Adesanya The National Assembly has prevented Senator Natasha Akpoti-Uduaghan, who represents Kogi Central Senatorial District, from resuming her legislative duties, maintaining that her sus...
The trade union accuses government of not doing enough to come up with solutions....
Residential property prices in Kenya experienced a jaw dropping 425% increase since 2000 compared to 201% in the U.S., 151% in France, and 122% in Singapore. <strong...
Data by Stats SA revealed that country’s economy grew by 0.8% in the second quarter....
Libya’s Tripoli based Tax Authority announced today that it is to launch an anti-tax evasion drive. It revealed that as part of its strategy to support the public treasury and preserve public funds...
The jump was supported by production growth in the manufacturing, mining and trade sectors....
By Adedapo Adesanya There are plans to list Eko Rice Classic Spots Contracts valued at N23.4 billion by the Lagos Commodities and Futures Exchange (LCFE). This followed a pre-launch meeting with key s...
Big Brother Naija Season 10 delivered yet another unexpected twist, reminding viewers that nothing in Biggie’s house is ever straightforward. The drama began when the house phone rang, a now infamous...
By Adedapo Adesanya The Nigeria Customs Service Board (NCSB) has confirmed the commencement of the $300 duty-free limit for imports. The spokesperson of the Nigeria Customs Service (NCS), Mr Abdullahi...
The rise of forex trading reflects investors’ desire to diversify beyond traditional stocks and bonds. In this area, economic data, geopolitical events, and policy movements all influence curren...
Waha Oil Company announced yesterday that it had achieved a production rate of 365,000 barrels per day (bpd) of crude oil – the highest number it had reached in recent years. Waha said the f...
Officials hope the facility -- which replaces Phnom Penh's old airport as the capital's main aviation transport hub -- will boost Cambodia's struggling tourism industry....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange opened the new week on a positive note after it ended 0.31 per cent higher on Monday, September 8, turning the tide from last we...
Police spokesperson Wesley Twigg says five men and two women were arrested....
By Modupe Gbadeyanka The chief executive of Sujimoto Luxury Construction Limited, Mr Sijibomi Ogundele, has been questioned by the Economic and Financial Crimes Commission (EFCC) on what he knows abou...
By Adedapo Adesanya The Naira has continued to show resilience in the foreign exchange (FX) market on the back of enhanced forex inflows, strengthening against the United States Dollar in the differen...
By Adedapo Adesanya Crude oil was up on Monday after the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) opted for a modest output hike and investors priced in the possibility...
Up to a dozen Kenyan banks face mergers, acquisitions or collapse unless they raise a collective Sh19.8 billion in capital by year-end, a new report by the Central Bank of Kenya has indicated....
Kenya Institute of Supplies Management CEO Kenneth Matiba says e-procurement system has the potential to eradicate graft, accelerate economic growth, and boost the country's GDP....
MetaTrader 4 has been the cornerstone of retail trading for nearly two decades, establishing itself as the go-to platform for millions of traders worldwide. As we navigate through 2025, questions abou...
By Dipo Olowookere Trading activity resumed on the floor of the Nigerian Exchange (NGX) Limited on Monday after it closed last Thursday due to the public holiday observed on Friday to celebrate Eid-ul...
Kenya is staring at a double-digit budget deficit as the government plans to include pending bills and other liabilities in the budgeting process in line with the accrual accounting system....
The sustained low interest regime by the CBK gave room for the government to borrow more through overdraft in the financial year that ended in June 2025, but still paid less in interest charges....
Up to a dozen Kenyan banks face mergers, acquisitions or collapse unless they raise a collective Sh19.8 billion in capital by year-end, a new report by the Central Bank of Kenya has indicated....
By Modupe Gbadeyanka Policymakers in Africa have been charged to make deliberate efforts to provide fertile landscape for entrepreneurs in the digital economy to yield bountiful harvests. This plea wa...
Award-winning consultant Judd Labarthe launches a much-anticipated book, Swimming Downstream, challenging conventional marketing wisdom with practical, evidence-based guidance SINGAPORE – Media...
Buzz in Silicon Valley as It Redefines the Future of the “One-Person Company” HONG KONG SAR – Media OutReach Newswire – 9 September 2025 – A pioneering AI team today announced the la...