Taxpayers are facing a Sh243.2 million legal bill, nearly 20 times the original budget, for the controversial and ultimately cancelled plan to hand control of JKIA to to India's Adani Group....
Despite a big drop in the cost of imported cooking gas (LPG) and new players entering the market, the price of cooking gas in Kenya has remained unchanged over the past two years....
The government is set to table a Bill in Parliament to establish the National Infrastructure Fund, a key initiative by President Ruto aimed at mobilising Sh4 trillion for development projects....
Time zone settings for regional standard times now available TOKYO, JAPAN – Media OutReach Newswire – 14 October 2025 – ANDPAD Inc. (Head Office: Chiyoda-ku, Tokyo; Representative Di...
JAKARTA, INDONESIA – Media OutReach Newswire – 14 October 2025 – Swiss-Belhotel International, a leading global hospitality management group, has announced the signing of a Hotel Man...
By Dipo Olowookere The bulls maintained dominance on the floor of the Nigerian Exchange (NGX) Limited for another trading session despite an attempt by the bears to disrupt the growth in the portfolio...
Political instability and civil unrest have been ranked as the top hazards with the potential to disrupt economic activities in Kenya over the coming year....
Taxpayers are facing a Sh243.2 million legal bill, nearly 20 times the original budget, for the controversial and ultimately cancelled plan to hand control of JKIA to to India's Adani Group....
Economists and trade analysts have raised questions about the impact that the Sh5 billion Nyota programme will create in empowering new sustainable businesses for the youth....
The Kenya Pipeline Company IPO is also a two-in-one sale, with the Kenya Petroleum Refineries Ltd being part of the sale, which, to some extent, complicates the privatisation process....
This is the first time that the entity has surpassed the R4 billion mark....
By Modupe Gbadeyanka The price of Premium Motor Spirit (PMS), otherwise known as petrol, has been increased at retail stations of the Nigerian National Petroleum Company (NNPC) Limited. Business Post...
It is alleged that contacts are made by a Brian Williams who claims to be a government official....
By Faridat Yusuf A group known as Igbo National Union–Worldwide (INU-W) has called on the United Nations (UN) not to give Africa, particularly Nigeria, a permanent seat on its Security Council. At the...
By Aduragbemi Omiyale The landmark acquisition of CHI Limited by UAC Nigeria Plc was supported by Stanbic IBTC Holdings Plc, Business Post learned. The leading financial services provider helped UAC N...
By Aduragbemi Omiyale Subscription for the N50 billion Series 15 and 16 commercial paper sale of Dangote Sugar Refinery Plc has commenced. The exercise is under the N300 billion commercial paper issua...
It is alleged that procurement processes were flouted and R2 billion of public funds were misused....
Benghazi Chamber of Commerce reported yesterday that it had organised a training seminar in Benghazi from 11 to 12 October entitled “Producing Olives and Olive Oil with International Standard...
Libya’s state National Oil Corporation (NOC) reported today that its subsidiary, the Ras Lanuf Oil and Gas Processing Company, has begun restarting its ethylene plant after completing comprehensive...
Signing a contract to renovate and develop the Mahari Hotel and the guest palaces area in Sirte, in line with Libya’s 2030 Vision. The Sirte based and Hafter-controlled National Development A...
By Aduragbemi Omiyale A leading provider of shared communications infrastructure services, IHS Nigeria, has submitted that for Nigeria to experience an astronomical economic growth, it must pay specia...
By Adedapo Adesanya The Bank of Industry (BoI) has forged a strategic partnership with e-commerce solutions platform, Bumpa, to empower 200 youth-owned Micro, Small, and Medium Enterprises (MSMEs) in...
Nigeria ja uuden sukupolven liiketoiminnan nousu Nigeria on yksi Afrikan dynaamisimmista talouksista, jossa teknologia, luovuus ja rohkeus muovaavat tulevaisuutta. Liiketoimintaympäristö on täynnä mah...
Nigerian talous uudessa kasvuvaiheessa Nigerian talous on kulkenut pitkän tien öljyriippuvuudesta monipuolisempaan ja kestävämpään kasvuun. Afrikan väkirikkaimpana maana Nigeria on alueellinen talousv...
By Kestér Kenn Klomegâh Given the persistent complex nature of conflicts in Africa and within the context of local conditions, African leaders are feverishly in search for sustainable solutions. Ethio...
The Central Bank of Libya (CBL) was criticised for failing to participate in a workshop entitled “Decision-Making and Implementation Meet: A Direct Dialogue between the CBL and the Private Sector”...
By Faridat Yusuf Employees of the Unity Bank Plc have been praised by the chief executive of the company, Mr Ebenezer Kolawole, for their resilience and commitment to excellent service. The banker des...
Tatu City investment to provide modern homes, retail stores, offices, logistics centres as well as a mosque all covering roughly 60 acres of land. Investor A...
Atletico Madrid won the Reconstruction Cup held in the eastern Libyan city of Benghazi. The football competition was sponsored and organised by the Libya Development and Reconstruction Fund, contro...
The National Oil Corporation (NOC) reported yesterday that it had won the arbitration case brought against it by the owners of the Noor (1) tanker before the London Court of International Arbitrati...
By Modupe Gbadeyanka A famous Nigerian Christian cleric, Reverend Uma Ukpai, has reportedly died at the age of 80. However, the family of the popular televangelist has yet to issue a statement on the...
Today’s workplace has more noise than what’s on daytime TV. Chat app notifications, email threads that just don’t end, multiple overlapping apps, and updates sent twice all scream fo...
By Adedapo Adesanya The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to the trio of Joel Mokyr, Philippe Aghio...
By Adedapo Adesanya The federal government has reiterated its No Work, No Pay policy on the Academic Staff Union of Universities (ASUU), which embarked on a two-week warning strike on Monday. The gove...
By Aduragbemi Omiyale About N51.3 billion has been paid out to shareholders of Zenith Bank Plc as interim dividend for the first half of 2025, amounting to N1.25 per share, representing over 60 per ce...
By Modupe Gbadeyanka A yet-to-be-released survey conducted by Moniepoint Microfinance Bank has revealed the fragile financial position of millions of small businesses in Nigeria. The study, Nigeria’s...
By Aduragbemi Omiyale To strengthen investor confidence and transform Nigeria’s capital market into a globally competitive environment, the Securities and Exchange Commission (SEC0 is making efforts t...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange witnessed a 0.08 per cent rise in the 41st trading week of 2025, amid a cold and warm posture in the level of activity. Data fro...
By Kestér Kenn Klomegâh The geopolitical situation is driving the European Commission to step up its investment influence across Africa, making consistent efforts at capitalizing on and exploring seve...
Africa’s trade corridors, such as the Abidjan–Lagos Coastal Corridor, the Northern Corridor from Mombasa, and the Central Corridor from Dar es Salaam, were built to extract resources,...
By Dipo Olowookere The activity chart of the Nigerian Exchange (NGX) Limited was led last week by the trio of Ellah Lakes, Chams Holding Company, and Fidelity Bank, accounting for 430.968 million unit...
By Aduragbemi Omiyale The 100 billion CFA Francs cement plant of Dangote Cement Plc on a 50-hectare of land in Côte d’Ivoire has been commissioned. The Managing Director of the cement firm in t...
By Blaise Udunze Nigeria’s economy is bleeding, not from the absence of money, but from the silent, systemic outflow of capital that should be building industries, creating jobs, and stimulating innov...
For every Sh100 collected from taxpayers, about Sh76 is used to service the interest on loans, leaving little for education, health and other essential services....
A relaxed monetary policy saw manufacturers borrow Sh17.2 billion more in the second quarter of this year, even as growth in the sector slowed down compared to the same period in 2024....
For every Sh100 collected from taxpayers, about Sh76 is used to service the interest on loans, leaving little for education, health and other essential services....
Coffee trade at the Nairobi Coffee Exchange (NCE) in 2024/2025 financial year grew to Sh35.6 billion, marking an increase of Sh10.1 billion from the previous year....
By Modupe Gbadeyanka President Bola Tinubu on Sunday, October 12, 2025, departed Abuje for Rome, the capital of Italy for the Aqaba Process Heads of State and Government Level Meeting starting on Tues...
The drugs were handed over to SAPS, DPCI for further investigation, prosecution and destruction....
By Aduragbemi Omiyale Latest figures from the Debt Management Office (DMO) have revealed that the total public debt of Nigeria increased by N3.01 trillion or 2.01 per cent to N152.40 trillion in the s...
By Modupe Gbadeyanka University lecturers in Nigeria under the aegis of the Academic Staff Union of Universities (ASUU) will on Monday, October 13, 2025, commence a two-week industrial action. The act...
By Adedapo Adesanya The decline in crude oil production recorded by Nigeria in September 2025 has been attributed to the short industrial action embarked upon by members of the Petroleum and Natural G...
The day of fun family activities is aimed at benefiting a school bursary fund...
More vocational students are creating jobs before leaving school as Kenya expands dual training that combines classroom learning with job market experience....
Libya’s Grand Mufti, Sheikh Al-Sadeg Al-Ghiriani said that the ‘‘Absolute Speculative’’ (referred to as Mudaraba in Islamic – Sharia) certificates of deposit proposed for sale by the Ce...
Experts have cautioned that Africa continues to lag behind in the adoption of AI and ML...
By Modupe Gbadeyanka The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, on Friday declared an end to the Ife-Modakeke crisis when he visited the Ogunsua of Modakeke, Oba Joseph Olubiyi Toriola, Ajibise Ogo...
By Adedapo Adesanya The Presidency on Saturday released the comprehensive list of 175 convicts and former convicts granted presidential pardon and clemency by President Bola Tinubu. The list, which in...
Kifwa has signed a Sh10.3 billion partnership with Capital Pay International Ltd to develop a Centralised Clearing and Forwarding Management System....
Any new IMF programme is expected to come with stringent conditions, likely including deep spending cuts, reforms to bloated State-owned enterprises, and enhanced tax measures....
HAIKOU, CHINA – Media OutReach Newswire – 11 October 2025 – From September 28 to October 8, Haikou, the capital of China’s Hainan Province, won global attention with its colorf...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 11 October 2025 – For XIXILI, support is more than a design principle; it is a mission woven into every seam. In conjunction with B...
HANOI, VIETNAM – Media OutReach Newswire – 11 October 2025 – VinFast has officially become the first automobile brand in Vietnam to surpass 100,000 vehicle sales within the first thr...
BEIJING, CHINA – Media OutReach Newswire – 11 October 2025 – An article published by CGTN highlights China’s upcoming Global Leaders’ Meeting on Women in Beijing, marking...
Any new IMF programme is expected to come with stringent conditions, likely including deep spending cuts, reforms to bloated State-owned enterprises, and enhanced tax measures....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange depreciated by 0.54 per cent on Friday, October 10 as result of losses posted by three stocks on the trading platform. The culp...
Lucky Montana laid criminal charges against SARS officials....
Motsoaledi has warned about the dangers of investing in healthcare for profit instead of well-being....
The public spat erupted after Montana laid criminal charges against SARS officials...
By Adedapo Adesanya The Naira sustained its positive performance against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, October 10, due to waning forex...
By Dipo Olowookere The market capitalisation of the Nigerian Exchange (NGX) Limited crossed the N83 trillion valuation on Friday, helped by the duo of industrial goods and consumer goods sectors. The...
Old Mutual Group CEO Arthur Oginga has been appointed to the Governing Council of the Africa Natural Capital Alliance (ANCA)....
By Adedapo Adesanya Crude oil declined by more than 3 per cent on Friday as the United States President, Mr Donald Trump, threatened to impose additional tariffs on China. Brent crude reacted with a $...
Most poultry farmers in Kenya are practising the deep-litter system of farming....
Beijing has called for Washington to abandon unilateral trade restrictions....
SAMWU is mobilising support from other unions for a mass demonstration....
The state has been mulling over tolling various roads in Kenya. The move to charge motorists using this road that has reduced congestion on the Likoni-Ferry channel will have a major impact....
Southern Africa’s most influential energy and investment leaders will gather at the Zimbabwe–Zambia Energy Projects Summit (ZimZam) on 26–28 November 2025, in Livingstone, Zambia LIVINGSTONE, ZAMBIA &...
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HANOI, VIETNAM – Media OutReach Newswire – 10 October 2025 – The Vietnamese music scene is experiencing an unprecedented seismic event: G-DRAGON has assented to fan demands, official...
The Attorney General’s Office reported yesterday that the Public Prosecution ordered the detention of the Aman Bank for Trade and Investment branch manager in Ajdabiya. The Anti-Corruption Prosecut...
Artificial Intelligence (AI) is rapidly transforming the global film industry, presenting both opportunities and challenges. The MultiChoice Talent Factory (MTF), a leading pan-African film and TV pro...
By Faridat Yusuf Professor Joash Ojo Amupitan (SAN) has been congratulated on his appointment as the new chairman of the Independent National Electoral Commission (INEC). The felicitation came from th...
The Insurance sector in Kenya has recorded strong growth and stable business in all its segments in the second quarter of 2025....
By Adedapo Adesanya Dangote Petroleum Refinery has dismissed allegations that it is importing finished petrol with high sulphur content into the Nigerian market. Reacting to the widely reported develo...
The return on investment in the MyCiti service is said to be R5.39 billion in the medium term....
By Fridat Yusuf Government-backed e-taxi platform, Lagride, has introduced more ride options for its app users and plans to the introduction of a new mini bus service called Lagride Omni, developed fo...
By Modupe Gbadeyanka The chief executive of Unity Bank Plc, Mr Ebenezer Kolawole, has praised the resilient frontline staff of the company for their unwavering dedication and reaffirmed the institutio...
By Adedapo Adesanya The Revenue Mobilization Allocation and Fiscal Commission (RMAFC), in conjunction with the Federal Ministry of Solid Minerals Development, has introduced a new solid minerals data...
The race to the 2026 FIFA World Cup is reaching its breaking point. Across Africa and Europe, nations face make-or-break fixtures, none more so than Nigeria, whose qualification hopes now hang by a th...
IOM’s latest Libya Displacement Tracking Matrix (DTM) programme identified a total of 894,890 migrants from 45 nationalities across the 100 Libyan municipalities during the reporting period of May-...
By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) and Nigerian Export Import Bank (NEXIM) have disbursed about $42 million to Small and Medium Enterprises (SMEs) to boo...
As the world becomes increasingly digital, staying connected on the go is no longer a luxury but a necessity. This is because the human nature in you is expected to come into play in socializing, whic...
The Ministry of Tourism and Handicrafts reported last Wednesday (8 October) that it had inaugurated a national dialogue at an event held in a leading Tripoli hotel the National Dialogue entitled:...
With Zambia approving a new transmission line into the Democratic Republic of Congo and live power wheeling across the Eastern Africa Power Pool, the Congo DRC mining industry stands...
By Faridat Yusuf The 2025 edition of the prestigious Stanbic IBTC FUZE Talent show is back and airs on DStv and YouTube, a statement from the organisers said. The programme is in its fourth edition an...
The Kenya Tanzania Power Trade corridor promises lower tariffs, greater uptime, and more predictable energy supply for manufacturers across Tanzania. Many Ta...
By Adedapo Adesanya The Special Offences Division of the Lagos High Court in Ikeja has admitted more documents tendered as exhibits by the prosecution in the trial of the former Governor of the Centra...
Government has urged farmers to restrict the movement of cloven-hoofed animals....
By Diana Tenebe In a country as vibrant and diverse as Nigeria, the food industry is a cornerstone of our culture and economy. From the bustling food markets of Lagos to the farm-to-table restaurants...
By Adedapo Adesanya Venezuelan activist, Ms Maria Corina Machado was on Friday awarded the Nobel Peace Prize for 2025 goes. The Norwegian Nobel Committee, which awards the prizes yearly, said she is a...