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Last updated: 2025-09-08 15:09:51
Oil Prices Tumble Ahead of Trump’s Tariffs Deadline
Source: Business Post Nigeria

Oil Prices Tumble Ahead of Trump’s Tariffs Deadline

By Adedapo Adesanya Oil prices declined on Thursday as US President Donald Trump’s August 1 tariff deadline loomed over investors, with uncertainty surrounding countries yet to negotiate a trade...

Nairobi protests Tanzania's new rules on traders
Source: Standard Media

Nairobi protests Tanzania's new rules on traders

Kenya has formally complained to Tanzania over orders restricting foreigners from engaging in 15 categories of small-scale business activities....

Acorn reports Sh457 million half-year profit
Source: Standard Media

Acorn reports Sh457 million half-year profit

This growth is driven by a gain in value of investment properties as a result of rent increases and operational efficiencies....

Nigerian Breweries Revenue Soars 53% to N733.2bn in Q2 2025
Source: Business Post Nigeria

Nigerian Breweries Revenue Soars 53% to N733.2bn in Q2 2025

By Aduragbemi Omiyale The unarguably dominant player in the country’s brewery sector, Nigerian Breweries Plc, impressed shareholders in the second quarter of 2025 with a 53 per cent year-on-year rise...

Customs Warn Nigerians Against Misuse of US Entry Visa
Source: Business Post Nigeria

Customs Warn Nigerians Against Misuse of US Entry Visa

By Adedapo Adesanya The Nigeria Customs Service (NCS) has raised an alarm over growing concerns from the United States government regarding the misuse of American entry visas by Nigerian travellers. T...

Nigeria Calls for Calm Amid Deportation Threats from Ghana
Source: Business Post Nigeria

Nigeria Calls for Calm Amid Deportation Threats from Ghana

By Adedapo Adesanya The Nigerians in Diaspora Commission (NiDCOM) has moved to quell rising worries amid an alleged call for the deportation of Nigerians from Ghana. The Chairman of the commission, Mr...

Sterling HoldCo Improves Post-Tax Profit by 157% in H1 2025
Source: Business Post Nigeria

Sterling HoldCo Improves Post-Tax Profit by 157% in H1 2025

By Aduragbemi Omiyale Between January and June 2025, Sterling Financial Holdings Company Plc posted a profit after tax of N41.8 billion, which is about 157 per cent higher than the N16.3 billion recor...

Tinubu Extends Tenure of Customs CG Adewale Adeniyi
Source: Business Post Nigeria

Tinubu Extends Tenure of Customs CG Adewale Adeniyi

By Adedapo Adesanya President Bola Tinubu has extended the tenure of the Comptroller-General (CG) of the Nigeria Customs Service (NCS), Mr Bashir Adewale Adeniyi, which is due to expire on August 31,...

Wema Bank Grows Pre-Tax Profit by 231% in H1 2025, NPL at 3.17%
Source: Business Post Nigeria

Wema Bank Grows Pre-Tax Profit by 231% in H1 2025, NPL at 3.17%

By Aduragbemi Omiyale In the first half of 2025, Nigeria’s oldest indigenous bank, Wema Bank Plc, increased its profit after tax by 231 per cent to N101.2 billion from N30.55 billion in the same perio...

What Influences Results in Major Football Tournaments
Source: Business Post Nigeria

What Influences Results in Major Football Tournaments

Football tournaments draw massive global attention precisely because their outcomes are often wildly unpredictable. Think of Brazil’s unexpected collapse in the 2014 World Cup semifinal on home soil,...

Wema Bank Grows Pre-Tax Profit by 231% in H1 2025, NPL at 3.17%
Source: Business Post Nigeria

Wema Bank Grows Pre-Tax Profit by 231% in H1 2025, NPL at 3.17%

By Aduragbemi Omiyale In the first half of 2025, Nigeria’s oldest indigenous bank, Wema Bank Plc, increased its profit after tax by 231 per cent to N101.2 billion from N30.55 billion in the same perio...

Fitch Warns Nigeria, Others Over Gold Reserves Backing
Source: Business Post Nigeria

Fitch Warns Nigeria, Others Over Gold Reserves Backing

By Adedapo Adesanya BMI, a unit of Fitch Group, has warned Nigeria and other sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity cri...

NASD OTC Exchange Records 0.21% Loss
Source: Business Post Nigeria

NASD OTC Exchange Records 0.21% Loss

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange extended its loss by 0.21 on Wednesday, July 30, after two securities ended on the laggards’ chart. During the trading ses...

Naira Tumbles to N1,534/$1 in Official FX Market
Source: Business Post Nigeria

Naira Tumbles to N1,534/$1 in Official FX Market

By Adedapo Adesanya The Naira closed south against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) segment of the foreign exchange (FX) segment on Wednesday by N1.1...

Oil Soars on Trump’s Russia Move, Tariffs Threats
Source: Business Post Nigeria

Oil Soars on Trump’s Russia Move, Tariffs Threats

By Adedapo Adesanya Oil was up by about 1 per cent on Wednesday as investors focused on developments on US President Donald Trump’s tighter deadline for Russia to end the war in Ukraine and his...

Auditor General questions State's hefty funding of KNSL
Source: Standard Media

Auditor General questions State's hefty funding of KNSL

Auditor-General Nancy Gathungu has identified a series of irregular expenses, unexplained loans, and blatant disregard of the law by Kenya National Shipping Line's (KNSL) management....

NNPC Makes U-Turn, Says Port Harcourt Refinery Not For Sale
Source: Business Post Nigeria

NNPC Makes U-Turn, Says Port Harcourt Refinery Not For Sale

By Aduragbemi Omiyale The Nigerian National Petroleum Company (NNPC) Limited has disclosed that the Port Harcourt Refining Company is not for sale. The chief executive of the NNPC, Mr Bayo Ojulari, sa...

CAC to Delist Non-CAMA Compliant Companies in 90 Days
Source: Business Post Nigeria

CAC to Delist Non-CAMA Compliant Companies in 90 Days

By Adedapo Adesanya The Corporate Affairs Commission (CAC) has given companies that have failed to comply with the provisions of the Companies and Allied Matters Act (CAMA) 2020 a 90-day window before...

Defamation: Court Grants Osun TV Presenter Segun Makinde Bail
Source: Business Post Nigeria

Defamation: Court Grants Osun TV Presenter Segun Makinde Bail

By Modupe Gbadeyanka A presenter with Rave FM and Western Spring Television in Osun State, Mr Segun Makinde, has been granted bail by a Magistrate Court in Osogbo, the state capital. The broadcast jou...

LASUED Wins Lagos Campus Beach Soccer 2025
Source: Business Post Nigeria

LASUED Wins Lagos Campus Beach Soccer 2025

By Aduragbemi Omiyale The Lagos Campus Beach Soccer 2025 has been won by the Lagos State University of Education (LASUED) after clinching the gold medal. The higher institution of learning emerged the...

Coffee auction earns farmers Sh553 million
Source: Standard Media

Coffee auction earns farmers Sh553 million

Kenya's coffee market netted Sh553.1 million after the sale of 10,494 bags of coffee to 12 buyers at the Nairobi Coffee Exchange....

NRC Alerts Passengers of Fake Train Ticket Platforms
Source: Business Post Nigeria

NRC Alerts Passengers of Fake Train Ticket Platforms

By Adedapo Adesanya The Nigerian Railway Corporation (NRC) has informed passengers to desist from patronising fraudulent booking platforms. This call was made in a statement signed by Mr Callistus Uny...

Airtel Nigeria Promotes 91 Employees Across Departments
Source: Business Post Nigeria

Airtel Nigeria Promotes 91 Employees Across Departments

By Modupe Gbadeyanka A total of 91 employees of Airtel Nigeria have been promoted in recognition of their performance and value to the company. The chief executive of the telecommunications firm, Mr D...

Why Kenya will pay 'odious' debt after all
Source: Standard Media

Why Kenya will pay 'odious' debt after all

Kenyan taxpayers have little choice but to repay the country's Sh11.5 trillion debt, as long as it was legally contracted by the National Treasury and ratified by Parliament....

Khoms port discusses development with Turkish company Orbitel
Source: LibyaHerald

Khoms port discusses development with Turkish company Orbitel

The Libyan Ports Company reported yesterday that the development team of Etisalat Libya for Telecommunications Services, in coordination with the Turkish company Orbitel, paid a field visit on the...

Brent Crude Jumps Above $72 Per Barrel on Trade Optimism
Source: Business Post Nigeria

Brent Crude Jumps Above $72 Per Barrel on Trade Optimism

By Adedapo Adesanya Brent crude rose above $72 per barrel on Tuesday, gaining $2.47 or 3.53 per cent to close at $72.51 per barrel, as President Donald Trump ramped up pressure on Russia over its war...

Strong Corporate Earnings Buoy Customs Street by 2.03%
Source: Business Post Nigeria

Strong Corporate Earnings Buoy Customs Street by 2.03%

By Dipo Olowookere Investors were swayed to sustain their appetite for the equity market on Tuesday as a result of the encouraging financial statements of companies on the Nigerian Exchange (NGX) Limi...

State-funded hustlers pension fund fails to take off
Source: Standard Media

State-funded hustlers pension fund fails to take off

The AG has poked holes into the Hustler Fund pension kitty, Kenya National Entrepreneurs Savings Trust (Knest), detailing how the agency gobbles up Sh130 million annually....

Inside Konza's plan to net investors
Source: Standard Media

Inside Konza's plan to net investors

Konza Technopolis, the government's flagship project, is being developed as a science park and innovation hub within the country's largest smart city....

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