Mbadi: Why we sold Safaricom shares to Vodacom
The planned sale faces growing scrutiny from citizens and lawmakers demanding clarity and transparency....
The planned sale faces growing scrutiny from citizens and lawmakers demanding clarity and transparency....
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 10 December 2025 – IKIGAI Corporation, a Japan-originated multi-sector enterprise, today announced the opening of its new headquarters...
CHONGQING, CHINA – Media OutReach Newswire – 11 December 2025 – China Changan Automobile Group today celebrated a historic achievement as its 30 millionth vehicle—an AVATR 12 Quad-Laser Ed...
SINGAPORE – Media OutReach Newswire – 11 December 2025 – Credo Assurance, an ACRA-registered audit firm in Singapore, has obtained the ISCA Professional Certification in Sustainabili...
SINGAPORE – Media OutReach Newswire – 11 December 2025 – For Polytechnic and SIM GE diploma graduates aspiring to pursue a degree, one common consideration is the time required to co...
Due to the nature of their work, the truckers have to contend with other diseases such as diabetes and hypertension....
This signals a transformation from purely functional homes to lifestyle-driven investments....
Most cargo in ESNA is shipped by big international companies based outside the continent...
The decision followed high-level talks between President Ruto and top IMF hierarchy in Washington....
The planned sale faces growing scrutiny from citizens and lawmakers demanding clarity and transparency....
The intention is to fuel long-term economic growth in the continent....
By Adedapo Adesanya The Nigeria Customs Service has uncovered a major petroleum smuggling network in Adamawa State, cutting off fuel supply lines that have been draining national revenue and strengthe...
By Modupe Gbadeyanka Entries for the Undergraduate Tech Scholarship in Nigeria by Airtel Africa Foundation have opened and applicants can register via candidate.scholastica.ng/schemes/airtelfellowship...
British oil giant, BP, celebrated the reopening of its Tripoli office yesterday, the National Oil Corporation (NOC) reported today. The NOC said the new BP Tripoli headquarters will serve as a laun...
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited and Heirs Energies have signed a deal to capture and use the gas flared at their onshore OML 17 joint venture in a bid to mon...
By Modupe Gbadeyanka The 2019 single released by Nigerian singer, songwriter, and producer, CKay, Love Nwantiti, has officially surpassed one billion streams on Spotify. This feat has made him one of...
By Adedapo Adesanya The federal government has begun the process of repaying the N4 trillion debt owed to Power Generation Companies (GenCos) with the launch of a N590 billion first-tranche bond issua...
By Adedapo Adesanya Data sourced from the latest Fact Sheet released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that daily petrol consumption in Nige...
The government is exploring avenues to deepen cooperation between Kenya and Saudi Arabia in coral reef protection and broader environmental stewardship....
The deal aims to expand and upgrade the Durban Container Terminal (DCT) Pier 2....
The Nairobi coffee market netted Sh1.4 billion after the sale of 22,572 bags of coffee that attracted 16 local and international buyers....
According to KTDA, all commodity loans highlighted were short term and have since been retired as of September 2025....
Kenyan tea weighing 48.8 million kgs was exported to 60 destinations in September 2025, reflecting a drop compared to 50,927,94 kgs in the same period last year....
KNCCI officials said the government should instead settle for their business entity and make it a statutory body, as indicated in an earlier letter by President William Ruto....
Billing and revenue collection will be ring-fenced and administered by Eskom....
The GameZone Online Arcade now shapes a clear path for modern digital entertainment because many Filipino players see it as a reliable space for relaxed sessions. The section continues to attract user...
By Adedapo Adesanya Electricity supply was restored to residents of some parts of Lagos on Wednesday morning following a blackout spurred by a jumper cut that occurred in the Powerline area of Mosan-O...
Online betting has changed with the rise of digital currencies, giving players new ways to manage deposits and payouts. Bitcoin and Ethereum stand out as the leading crypto options, while traditional...
By Adedapo Adesanya The Minister of State for Petroleum Resources, Mr Ekperikpe Ekpo, has expressed his frustration towards the partial progress in Nigeria’s flagship Decade of Gas Initiative, advocat...
The lack of emotional connection is becoming as apparent as the need to adopt new technologies in businesses....
By Modupe Gbadeyanka A non-bank credit card issuer, 03 Capital, has introduced a travel card designed to unlock the N95 billion festive spending boom in Nigeria. The new initiative, known as the 03 Ca...
By Adedapo Adesanya Lagos State’s representative, Team Nevo, won the 3 Million Technical Talent (3MTT) South-West Regional Hackathon, on Tuesday, December 9, 2025. The host state took the victor...
Treasury CS John Mbadi reveals Kenya can no longer rely on higher taxes or fresh borrowing to fund major infrastructure, warning that nearly half of all tax revenue now goes to debt repayment....
The government announced a new strategy designed to spur domestic pharmaceutical production, aiming to drastically reduce the country's heavy reliance on imported medicines and medical supplies....
Safaricom said on Tuesday evening its debut green bond was oversubscribed by 175.7 per cent drawing Sh41.6 billion in investor bids and allowing it to raise Sh20 billion for sustainability projects....
By Adedapo Adesanya The Naira maintained stability against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, December 9, at N1,451/$1. Equally, it closed...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rallied by 0.15 per cent on Tuesday, December 9, helped by a sole price gainer at the close of business, which suppressed the ef...
The Tripoli based Libyan Ministry of Health reported (yesterday / Tuesday 9 December) that the Undersecretary and Acting Minister of Health, Mohammed Al-Ghouj, and representatives from the Ministry...
The Tripoli Chamber of Commerce announced to all Libyan companies and institutions operating in the construction, building materials, and related sectors, in coordination with MUSIAD Libya (the Lib...
There will be selective statements about where we are coming from and where we are today. You can also expect new "third to first world" exhortations about where we are headed next....
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba participated last Tuesday (9 December) in the events of International Anti-Corruption Day, organized by the Administrative Control Authori...
Kenya is targeting fairer taxation; however, it strongly relies on VAT and other consumption taxes that burden the poor, while the wealthy hold most of the country's wealth....
The Ministry of Oil and Gas, in partnership with the National Oil Corporation, concluded the Libya-Africa International Gas Forum, held in Tripoli from 6 to 7 December, with, the Ministry said, bro...
In customer experience leadership, it is easy to get swept up in the urgency of daily operations-handling complaints, fixing broken processes, and responding to customer issues as they arise....
By Adedapo Adesanya Crude oil was down on Tuesday, with investors keeping a close eye on peace talks to end Russia’s war in Ukraine. Brent crude futures lost 55 cents or 0.88 per cent to trade a...
Crypto futures have transitioned from retail playgrounds to institutional boardrooms, offering leveraged bets on digital assets without ownership. In 2025, with the market hitting $1.7 trillion in Bit...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited tasted its first defeat in six consecutive trading sessions on Tuesday after it slipped by 0.33 per cent due to profit-taking by investors. Sell-...
By Kestér Kenn Klomegâh Lukoil, Russia’s energy giant, has seriously lost its grounds across Africa, due to United States sanctions. Sanctions have complicated the company’s potential cont...
CBK has cut its benchmark lending rate in a move aimed at stimulating credit to businesses and households ahead of the crucial Christmas spending....
A boda boda rider in Kiambu navigates through traffic with surgical precision. In the Silicon Savannah, a young coder transforms simple scripts into genuine income....
Jihadist uprisings in the Sahel, ethnic conflicts in the Horn of Africa, and a up to eight coup d’états that brought down governments in West and Central region stain Africa’s next investment...
BANGKOK, THAILAND – Media OutReach Newswire – 10 December 2025 – Shaun Pham, Founder and CEO of Spotlight Asia, has been named Male Icon – Businessman of the Year in PR & Communi...
SINGAPORE- Media OutReach Newswire – 10 December 2025 – The Singapore Institute of Management (SIM) underscores its commitment to accessible, high-quality education by providing structured entry...
HONG KONG SAR – Media OutReach Newswire – 10 December 2025 – SWISS REJU has earned “Best AI Slimming Treatment Award” at the prestigious JESSICA Beauty and Wellness Award...
Promotion of exercise culture and therapy may boost physical and mental health SINGAPORE – Media OutReach Newswire – 10 December 2025 – Despite mounting stress due to sustained concerns wi...
SINGAPORE – Media OutReach Newswire – 10 December 2025 – A brand-new documentary A Mona Lisa Obsession explores various perspectives of the Mona Lisa, an iconic masterpiece by Leonardo da...
CBK has cut its benchmark lending rate in a move aimed at stimulating credit to businesses and households ahead of the crucial Christmas spending....
Isuzu East Africa has resumed full local assembly of luxury Sports Utility Vehicle after an 18-year lull since it stopped in 2002....
Director Tshepo Khoza of Grey Apple Trading gets 6-year suspended sentence for R3.6m tax fraud....
By Dipo Olowookere The Governor of Rivers State, Mr Siminalayi Fubara, has left the Peoples’ Democratic Party (PDP) for the ruling All Progressives Congress (APC). Mr Fubara, who was restored as Gover...
By Adedapo Adesanya The flagship upstream subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, NNPC E&P Limited (NEPL), has achieved a record production level of 355,000 barrels o...
By Aduragbemi Omiyale Approval has been given to Summit University, Offa, Kwara, to operate a Campus FM Radio State, the chancellor of the higher institution of learning, Mr Sulaiman Adebola Adegunwa,...
The Central Bank of Libya (CBL) announced today the granting of new final practice permits to 91 companies and foreign exchange bureaux. The announcement comes with the background of the Libyan di...
The 6th Annual Libyan Banking Sector Development Forum (SDF) held in Tunis from 7 to 8 December concluded optimistically yesterday with a set of strong recommendations. The optimism stems from the...
By Adedapo Adesanya The federal government has directed Ministries, Departments and Agencies (MDAs) to carry over 70 per cent of their 2025 capital allocations into the 2026 fiscal year. The directive...
By Aduragbemi Omiyale Scores of qualified students from host communities in Ijebu-Igbo, Ogun State have been awarded bursaries by Dangote Granite Mines, a subsidiary of Dangote Industries Limited (DIL...
By Adedapo Adesanya The Senate has approved President Bola Tinubu’s request to deploy Nigerian troops to the Republic of Benin in support of efforts to restore peace and stability following SundayR...
PowerElec 2025 trade fair (8 to 11 December) opened at Tripoli International Fairgrounds yesterday with the participation of more than 40 specialized local and international companies, amidst a lar...
By Kehinde Ogundare Artificial intelligence is everywhere–in polished social media posts, in the recommendations that guide our viewing habits, and in the bots that handle customer queries before a hu...
By Busayo Cole There’s an unacknowledged marvel in Nigeria, a national institution so revered and influential that its very mention invokes awe; and not a small dose of amnesia. I’m speaking, of cours...
Libya’s Customs Authority announced yesterday that it held an expanded meeting at its Tripoli headquarters dedicated to discussing enhanced controls on goods related to food and health security, co...
The Minister of Housing and Construction, Abubaker Awidat, held a meeting yesterday with officials from the China State Construction Engineering Corporation (CSCEC), one of China’s largest co...
The UEFA Champions League reaches a decisive point as Matchday 6 delivers high-stakes fixtures across Europe. All matches will be broadcast live on SuperSport on DStv and GOtv. Real Madrid host Manche...
By Adedapo Adesanya The federal government has banned the use of physical cash for revenue payments and directed all Ministries, Departments, and Agencies (MDAs) to deploy Point of Sale (PoS) terminal...
By Adedapo Adesanya Beta Glass Plc, a leading manufacturer of glass packaging solutions in West and Central Africa, will soon have a new major shareholder as Frigoglass Group has agreed to sell its en...
The government has rebranded the Public Benefit Authority as part of an ambitious plan to overhaul oversight in the non-profit sector, signalling a new phase of transparency and professionalism....
FNB/BER index improves signalling a modest lift in consumer sentiment and spending outlook....
The Kenya Bureau of Standards has urged institutions to integrate their management systems and use audits to drive national development, efficiency and accountability....
Ithala is fighting a liquidation application filed by the SARS Prudential Authority....
By Modupe Gbadeyanka Technology leaders from across Nigeria’s digital finance ecosystem recently converged on Eko Convention Centre in Lagos to explore pathways for expanding credit access to underser...
By Adedapo Adesanya The Nigerian Air Force (NAF) has refuted reports that 11 of its personnel are currently being held by the Burkinabe military regime in Bobo-Dioulasso, southwest Burkina Faso. It wa...
Kenya's electricity reliability crisis is attracting new foreign interest in clean energy, positioning hydrogen technology as one of the latest frontiers in the country's quest to curb blackouts....
323 Jeep wrangler vehicles and 18 600 Kia model vehicles are being recalled due to airbag failures...
NUMSA's demanding the urgent intervention in the ongoing crisis at SA Steel Mills....
The Engineers Board of Kenya (EBK) has embarked on digital registration of all engineering projects to strengthen professionalism in the sector....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange was lifted by 6.06 per cent on Monday, December 8 by four stocks led by Central Securities Clearing System (CSCS) Plc, which gai...
By Adedapo Adesanya The Naira depreciated further against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, December 8 by N1.43 or 0.09 per cent to close at N1,451.86...
By Felix Aganbi Churches in the Niger Delta region are set to honour Itsekiri Bible Translator and dominant political force during the Second Republic, Deacon Stephen Ejueyitsi Aganbi. “Hundreds of pe...
By Adedapo Adesanya Oil prices slipped 2 per cent on Monday after Iraq restored production at one of its oilfields while investors weighed ongoing talks to end the war in Ukraine. Brent crude futures...
By Dipo Olowookere Trading activities resumed on the floor of the domestic stock market after the weekend break on Monday and the positive momentum continued. Yesterday, Nigerian stocks further apprec...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has issued final operating licences to 82 Bureaux De Change (BDC) operators under its revised regulatory framework. In a statement released on Mon...
A US-backed consortium has proposed a value chain approach in the extraction and development of rare-earth minerals at Kwale County's Mrima Hills....
The National Treasury Cabinet Secretary John Mbadi has invited ordinary Kenyans and businesses to propose new tax policies, a move framed as a democratic exercise....
In Africa’s 2025 race for investments, winners showed how reform works: Namibia’s index jumped because of green policies, Morocco made $4.8Bn because of stability, and Egypt’s IMF...
An easy, secure and private way to accept contactless payments with only an iPhone, no additional hardware needed HONG KONG SAR – Media OutReach Newswire – 9 December 2025 – SoéPay n...
An easy, secure and private way to accept contactless payments with only an iPhone, no additional hardware needed HONG KONG SAR – Media OutReach Newswire – 9 December 2025 – SoéPay n...
An easy, secure and private way to accept contactless payments with only an iPhone, no additional hardware needed HONG KONG SAR – Media OutReach Newswire – 9 December 2025 – SoéPay n...
The government has emphasised the tourism sector's potential in job creation, with Tourism and Wildlife CS Rebecca Miano, noting the workforce extends beyond the three million documented....
When traders register, file accurate returns and remit taxes, they help build a market where success is driven by merit, innovation, quality and service rather than by evasion or manipulation....
MPs now wants the Tea Board of Kenya to conduct a lifestyle audit on the directors, clerks and other influential persons in tea factories, following complaints of exploitation by small-holder farmers....