By Abba Dukawa Despite political scepticism from opposition politicians, Governor Mai Mala Buni has proven his commitment to serving Yobe State’s people, prioritizing their needs over personal i...
By Adedapo Adesanya Nigeria’s inflation rate is projected to average 22.1 per cent in 2025, according to the World Bank. The global lender disclosed this in a statement published Monday on its website...
By Aduragbemi Omiyale A new rapid diagnostic test (RDT) production plant has been opened in Sagamu, Ogun State by Codix Bio Limited in a bid to strengthen healthcare manufacturing in Nigeria. The Gove...
The power utility has spent R2.43 billion on diesel for their open cycle has generators since April....
KZN government hopes the event will inject millions into the province's economy....
By Aduragbemi Omiyale One of the leading destinations for electronics and home appliances in Nigeria, Jamara Home, has joined others across the globe to celebrate mothers on Monday’s Day observed on S...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has again reacted to the activities of individuals and groups falsely claiming to represent or act on its behalf, warning Nigerians against fallin...
When it comes to scaling up Bitcoin operations, every miner hits a wall sooner or later. Whether it’s rising energy bills, cooling issues, or limited rack space, home setups just don’t cut it at scale...
By Adedapo Adesanya Nigerian Maritime Administration and Safety Agency (NIMASA) has said that its resolve to embrace technology as a means of enhancing capacity to deliver on its regulatory mandate mo...
As the Nigerian Idol Season 10 auditions continue, Episode 3 brought even more passion, surprises, and stand-out moments that reminded us why this show remains a fan favorite. This week, a few familia...
By Adedapo Adesanya The Joint Admissions and Matriculation Board (JAMB) has ordered an immediate review of the 2025 Unified Tertiary Matriculation Examination (UTME) following public outcry over techn...
Maile earlier announced that Gauteng underspent by R1.8 billion by the end of the financial year....
Ramaphosa says this partnership will allow for significant economic growth....
By Modupe Gbadeyanka Professor Chris Piwuna has been elected as the next president of the Academic Staff Union of Universities (ASUU), replacing Professor Emmanuel Osodeke. The new ASUU chief was elec...
By Adedapo Adesanya The global markets are experiencing relief as the United States and China, the world’s two largest economies, have agreed to slash tariffs on each other, to ease effects of a...
The strategic partnership between Cassava Technologies and Zindi aims to empower local talent to drive AI innovation by leveraging GPU-powered resources to solve Africa’s unique chall...
The Attorney General’s Office reported last Friday (9 May) that the Public Prosecution has ordered the detention of the General Manager of Al-Madar Mobile Phone Company, and officials of the compa...
Latest economic indicators show mining down and electricity production up...
The strategic partnership between Cassava Technologies and Zindi aims to empower local talent to drive AI innovation by leveraging GPU-powered resources to solve Africa’s unique chall...
The submarine cable project “Medusa”, referred to as one of the strategic projects that will connect Libya with Europe through a submarine cable extending for 8,700 km, was inaugurated...
By Adedapo Adesanya Innovate Africa, the product-led fund backing bold early-stage innovators, has announced it will host the Lagos edition of World Product Day 2025 on Wednesday, May 21, 2025, at Th...
By Modupe Gbadeyanka The best graduating students of the Aliko Dangote University of Science and Technology, Wudil (ADUSTECH), Kano State have been assured automatic jobs. This gesture was from Mr Ali...
A delegation from the Saudi Civil Aviation Authority and several security managers of Saudi air transport companies conducted an inspection tour of Tripoli’s Mitiga airport yesterday. Mitiga airpor...
By Modupe Gbadeyanka The Governor of Osun State, Mr Ademola Adeleke, has praised prominent Nigerian businessman, Mr Aliko Dangote, for the distribution of 30,000 bags of rice to economically challenge...
The Tripoli based Libyan Minister of Transport, Mohammed Al-Shahoubi, held a meeting with the President of the Saudi General Authority of Civil Aviation, Abdulaziz Al-Duailej, on the sidelines of...
By Aduragbemi Omiyale Shareholders of Abbey Mortgage Bank Plc will meet on Wednesday, May 28, 2025, for their yearly gathering to discuss the dividend payment proposed by the board and other issues. T...
By Adedapo Adesanya The Nigerian Postal Service (NIPOST) and the KLM Royal Dutch Airlines have signed a direct international mail partnership to boost delivery and ease bottlenecks around Nigerian log...
In a statement released today, the United Nations Support Mission in Libya (UNSMIL) said it is closely following reports of military movements and escalating tensions in Tripoli and the western re...
By Adedapo Adesanya The chief executive of Pan-African Payment & Settlement System (PAPSS), Mr Mike Ogbalu, has welcomed the recent circular from the Central Bank of Nigeria (CBN) announcing a sig...
By Adedapo Adesanya Shareholders of the Central Securities Clearing System (CSCS) Plc at the weekend approved the 17.3 per cent increase in total dividend for the financial year ended December 31, 202...
By Dipo Olowookere For now, investors will no longer be able buy or sell shares and securities of Golden Guinea Breweries Plc on the floor of the Nigerian Exchange (NGX) Limited. This is because the s...
Tanzania, Malawi, and South Africa have entered into talks with a view to end a devastating trade war. Malawi, South Africa ea...
By Dipo Olowookere Last week, investors bought and sold 2.645 billion stocks valued at N77.005 billion in 86,110 deals at Customs Street compared with the 2.200 billion stocks worth N75.409 billion tr...
By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has urged the Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, to let Nigerians know whether the bank ha...
The government has promised to clear arrears owed to sugar cane farmers for the crop delivered to the four State-owned factories and staff before handing them over for leasing....
Malaysia will be moving its palm oil business headquarters from South Africa to Kenya as the country looks to position Nairobi as its base for re-exports to the rest of the Sub-Saharan region....
The officers used state vehicles to block highways, demanding increased pay...
Bessent said he had informed President Donald Trump of the progress of the talks...
This was ahead of Africa's Travel Indaba, which will open in Durban on Tuesday....
Afreximbank is set to equip traders with vital tools to navigate both tariff and non-tariff barriers in AfCFTA. In a June 30 to July 2, 2025, forum in Abuja,...
For Africa, the answer to “how many registered voters in the United States” is more than a number. It influences the course of global partnerships, including US and Africa trade ties....
In DRC, millions of people remain at risk of anthrax outbreak, a disease that demands the hospitalization of infected patients for better outcomes. One case...
Collaboration marks a step towards leveraging stablecoins and blockchain infrastructure to boost Onafriq’s payment network. Companies say by integrating USDC...
In 2024, seven out of eight member states of Eastern Africa’s IGAD were staring down an alarming food crisis. This threat has triggered a rallying cry...
African children in poor remote zones continue to die from measles, diphtheria, tetanus, polio, and whooping cough vaccination due to poor infrastructure. Ad...
African countries said to have ‘very high’ tariffs. US imposes 50% tariffs on Lesotho. Trump tariffs on Africa feared t...
The boost to creative industry is part of the Afreximbank’s Creative Africa Nexus Programme (CANEX), which seeks to enhance growth and impact of the entertainment sector in the...
The strategy focuses on transforming food security systems in a holistic way—from soil to shelf—targeting the most vulnerable countries. AU Plan envisages tu...
Safaricom CEO Dr. Peter Ndegwa credits performance to strategic investments in technology, expansion into Ethiopia, and a diversified digital services portfolio. <st...
HONG KONG SAR – Media OutReach Newswire – 10 May 2025 – Invest Hong Kong (InvestHK) announced today (May 10) that the Director-General of Investment Promotion at InvestHK, Ms Alpha...
Banks are racing to increase the amount of loans advanced to environmentally friendly projects to combat the effects of climate change....
Kenyans are grappling with reduced disposable income as increased statutory deductions and higher taxes-both direct and indirect-weaken their spending power....
A security team from Turkish Civil Aviation visited Misrata airport on yesterday to review security measures in preparation for the return of Turkish Airlines flights to the airport, Misrata Airpo...
The Libyan Investment Authority (LIA) today refuted circulating news alleging that it is discussing (reportedly with the U.S. Trump administration) the possibility of unfreezing of its assets abro...
The United Nations Development Programme (UNDP) and the Libyan Iron and Steel Company (LISCO) signed a Memorandum of Understanding (MoU) yesterday to strengthen their joint efforts to improve energ...
The Attorney General’s Office reported yesterday that the Public Prosecutor has ordered the detention of the head of the National Cancer Authority and the head of the Public Tender Committee. The...
The Renewable Energy Authority of Libya (REAoL), in cooperation with GIZ Libya, through the Sustainable Transition, Energy and Environmental Partnership (STEP), hosted a high-level ceremony at REAo...
The number of newly registered vehicles dropped 21.4 per cent, the lowest since 2017. Motorcycles registered also continued a multi-year decline and hit a low in 16 years....
Safaricom has reported a 10.8 per cent rise in net income to Sh69.8 billion for the year ending Monday, March 31, as total revenue surged past $3 billion....
The government has completed the leasing of four sugar factories: Nzoia, Chemelil, Sony and Muhoroni, and agreed to pay Sh. 6 billion owed to farmers by July this year....
KENAFF has raised the alarm over several proposals in the Finance Bill, 2025, warning that the changes could cripple smallholder farmers and undo recent gains in the agricultural sector....
The Group's full-year net profit rose to Sh45.7 billion, with the Kenyan business booking a Sh95.4 billion profit.The Ethiopian unit, however, saw its loss widen to Sh49.8 billion....
The Bank of Canada has warned that growth would take a major hit in coming months....
The platform offers audiences access to SABC's 19 radio stations, SABC 1, SABC 2 and S3 and more....
Hlubi-Majola says the union rejects the reasons advanced by the bosses as feeble and unfortunate....
High Court rules that Ithala will continue to operate normally, but will not be taking deposits....
By Modupe Gbadeyanka The Media and External Relations Lead of United Bank for Africa (UBA) Plc, Mr Abiodun Coker, has been crowned the Future Leader in Media Management. He clinched this award at The...
By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has decried the worsening condition of manufacturing in Nigeria’s economy as the sector delivered a 1.38 per cent growth in 202...
The countdown is on as the continent turns its eyes to Lagos for the grand finale of Africa’s biggest celebration of film and television, the 11th edition of the Africa Magic Viewers’ Choice Awards (A...
By Adedapo Adesanya Top telecommunication service provider, Airtel Africa Plc, saw its revenue fall by 30.4 per cent to $4.955 billion, significantly impacted by derivative and foreign exchange losses...
By Aduragbemi Omiyale At the close of the first quarter of 2025 on March 31, the pre-tax profit of Fidelity Bank Plc stood at N105.8 billion, 167.8 per cent higher than the 39.5 billion achieved in th...
By Adedapo Adesanya The Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, has set a target of increasing the Information Communication Technology sector’s contribution...
By Adedapo Adesanya Oil prices closed almost 2 per cent higher on Friday as a US trade deal with the United Kingdom turned investors optimistic ahead of talks between top officials from the US and Chi...
By Adedapo Adesanya The Naira was relatively flat against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, May 9, though it marginally shed 0.2 per cent o...
By Adedapo Adesanya Four stocks weakened the NASD Over-the-Counter (OTC) Securities Exchange by 0.46 per cent on Friday, May 9, bringing down the market capitalisation by N9.02 billion to N1.935 trill...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered its first loss this week with a 0.46 per cent decline on Friday, influenced by profit-taking. The market was under selling pressure yest...
Several business associations argue that the levy targeting waste management from their operations will drive up consumer prices due to the high cost of compliance....
Interest expense on customer deposits declined by 25 per cent as the cost of funding declined in the first quarter of the year, further creating a buffer on the revenue....
The NSE EmpowerHER Patrons Circle aims to ensure women's meaningful representation from grassroots education through boardroom leadership....
By Dipo Olowookere A white smoke was seen from the Sistine Chapel at the Vatican City on Thursday evening, signalling the election of a new pope for the Catholic Church. This is coming a few days afte...
By Adedapo Adesanya The International Monetary Fund (IMF) has removed Nigeria from its Total IMF Credit Outstanding list after repaying the $3.4 billion pandemic loan. The global lender provided fundi...
By Kestér Kenn Klomegâh Russian President Vladimir Putin invited 29 world leaders to witness the main military parade at Moscow’s Red Square, and used the high-level occasion to review Russia...
By Aduragbemi Omiyale The seven-year jail term slammed on one Mr Onyekachi Nwosu by Justice R. O. Dugbo Oghoghorie of Federal High Court, sitting in Independence Layout, Enugu on January 14, 2021, has...
By Adedapo Adesanya The federal government is fast-tracking the implementation phase of its economic and financial inclusion strategy aimed at improving access to economic opportunities for Nigerians....
By Adedapo Adesanya Nigeria has called for deeper collaboration with Norway in the areas of debt restructuring, tax transparency, and climate finance, as part of its broader strategy to unlock sustain...
By Modupe Gbadeyanka Over 5,000 lives were impacted through the nationwide malaria initiative of Stanbic IBTC Holdings Plc across Enugu, Delta, and Kano States last month. The company delivered free m...
Seven of the ten manufacturing industries have negative growth rates over this period...
By Tutu Akanni As the 11th edition of the Africa Magic Viewers’ Choice Awards (AMVCA) approaches, public attention, once again, has been drawn to MultiChoice’s consistent excellence and ability to del...
Benghazi Chamber of Commerce announced today that the second edition of the Libyan Russian Economic Forum will be held in Moscow and St. Petersburg from 18 to 22 May. The Chamber said this comes wi...
By Adedapo Adesanya Justice James Omotosho of a Federal High Court in Abuja has said the Federal Competition and Consumer Protection Commission (FCCPC) cannot determine what MultiChoice Nigeria can ch...
The executive programme for 2025 of the memorandum of understanding signed between the Libya Export Promotion Centre (LEPC) and the Tunisian Export Promotion Centre (Centre de Promotion des Exporta...
Putin and Xi have met dozens of times and signed a "no limits" strategic partnership in 2022...
Last Tuesday (6 May), the Libyan Ministry of Environment hosted a high-level strategic seminar in Tripoli underscoring the country’s ongoing commitment to the Paris Agreement, which it ratified in...
The Attorney General’s Office reported today that Tripoli Criminal Court has convicted employees authorised to perform compliance and receipt duties at the Ministry of Health, as well as the commis...
Asked at a press conference in the Whitehouse yesterday if the U.S. is sending migrants to Libya, President Trump replied ‘‘I don’t know. You will have to ask Homeland Security’’. Trump’s response...
By Modupe Gbadeyanka Stakeholders have projected that the maritime law book authored by Mrs Mfon Ekong Usoro will drive judicial and economic reforms in Nigeria. At the presentation of the book titled...
By Adedapo Adesanya The Senate has passed two out of four major tax reform bills, marking a significant milestone in the ongoing overhaul of the nation’s tax administration framework. The two bills, o...
Absa Bank Kenya advanced close to Sh60 billion in sustainable financing in 2023, highlighting the bank's ongoing commitment to driving sustainable development....
Minister Chikunga outlined three main priorities that emerged from the conference....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange made a 0.10 per cent rise on Wednesday, May 7, buoyed by the N1.48 jumped posted by Afriland Properties Plc to close at N16.38 p...