By Modupe Gbadeyanka Entries for the 2025 Google for Startups Accelerator Africa program have opened, with some benefits attached to selected participants, including a dedicated technical mentorship f...
By Adedapo Adesanya The Africa Export-Import Bank (Afreximbank) disbursed $50 billion for the execution of various projects in Nigeria in the last 19 years, the President of the Cairo-based lender, Mr...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Wednesday, April 16, as the market capitalisation remained unchanged at N1.915 trillion as well as the NASD Unlis...
The Libyan French Business and Development Forum was held in Tripoli yesterday. The forum was organised by Business France, in cooperation with the Libyan French Chamber, and under the supervision...
Kenya Airways diverts flights scheduled for JKIA, Nairobi, to Mombasa and Kilimanjaro due to poor visibility caused by bad weather....
By Adedapo Adesanya The Naira witnessed a N1.76 or 0.11 per cent depreciation on the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, April 16. During the trading ses...
In its Staff Concluding Statement of the 2025 Article IV Mission to Libya released yesterday, the IMF said: The post <a href="https://libyaherald.com/2025/04/libyas-economic-outlook-uncertai...
Tripoli based Libyan Prime Minister, Abdel Hamid Hamid Aldabaiba and the Governor of the Central Bank of Libya, Naji Issa, discussed during their meeting yesterday the repercussions of public spend...
The auction registered a decrease compared to last week's sale of Sh684 million following the sale of 14,486 bags....
By Aduragbemi Omiyale The further reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, from N865 to N835, effective from Wednesday, April 16, 2025, by Dangote Petroleum Refi...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered a 0.68 per cent loss on Wednesday as profit-taking in the banking space continued. Data showed that the banking index went down by 4.67...
By Adedapo Adesanya The oil market was up by nearly 2 per cent on Wednesday due to concerns about global supplies after the United States issued new sanctions targeting Chinese importers of Iranian oi...
Concern over the economic fallout from Trump's global tariffs mounted Wednesday, with Fed Chair Jerome Powell's warning of higher inflation sending stock markets tumbling....
SARB’s halt on SASSA's gold cards transition process sparks uncertainty....
Industry players say this is the only way for the sector to gain economies of scale. Kenya's pension assets under management surpassed Sh2.3 trillion as of the end of December 2024....
15 Tech Companies Showcase AI, Telecommunications, and Green and Construction Tech at HKSTP Pavilion HONG KONG SAR – Media OutReach Newswire – 16 April 2025 – The Hong Kong Science a...
SINGAPORE – Media OutReach Newswire – 17 April 2025 – Loft Logistics, a 3PL logistics service provider in Singapore, is proud to announce its business expansion into Malaysia with a...
The announcement has sparked an uproar among practitioners, who say they were not consulted and no explanation was provided for the increase....
The moratorium was intended to provide space for the strengthening of the Kenyan banking sector....
State now gives companies month's ultimatum to reveal their true owners...
The new facility is available at competitive interest rates, with a repayment period of up to 25 years....
The lack of data on the number of landlords and rental properties in the country has been cited as a major hindrance to bringing them into the tax net....
Trump's trade war with China has also intensified with tit-for-tat exchanges...
Parliament managed to pass the fiscal framework with the slight margin early this month....
By Adedapo Adesanya Spotify users in Nigeria and around the world are currently experiencing challenges with the music streaming app. Checks by Downdetector, which tracks platforms, showed more than 2...
The opening aims to connect with the local community while highlighting the brand's dedication....
By Aduragbemi Omiyale Mr Peter Maila has been appointed as the chief executive of Zvilo Africa, with the mandate to strengthen the company’s market footprint on the continent and help the business go...
By Adedapo Adesanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed that the daily importation of Premium Motor Spirit (PMS), known as petrol, dropped by 67...
Equity Group Holdings Chief Executive James Mwangi has received the Freedom of the City of London Award....
By Ewajesu Akinola Medical negligence refers to a situation in which a healthcare provider deviates from the accepted standard of care, resulting in harm or injury to a patient. It is the failure of a...
By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has said the US imposition of 14 per cent tariff on imported products may have a significant impact on Nigeria’s trade and industrial...
By Modupe Gbadeyanka The need to serve Africans living in the United Kingdom with easy, fast, and reliable remittances from to Nigeria has inspired Moniepoint to introduce a remittance product known a...
By Adedapo Adesanya Nigeria issued 47 Licenses to Establish (LTE) and 30 Licenses to Construct (LTC) refineries in the last year as it seeks to boost oil production in the country. The move, according...
ICT Cabinet Secretary William Kabogo has said the government is working to ensure high-speed internet connectivity across the country, with the laying of cables underway....
Small-scale tea holder factories fetched Sh1 billion after the sale of 4,403,251kg....
Finance Minister Enoch Godongwana says parties' proposals on how to generate revenue have merit....
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, met on Tuesday with the European Union Ambassador to Libya, Nicola Orlando, to discuss several issues of mutual interest, most notably th...
The Attorney General’s Office reported yesterday the Tripoli Criminal Court sentenced a drug smuggler to life imprisonment. He was imprisoned for deliberately importing cannabis seeds using c...
The Chairman of the Administrative Control Authority (ACA) issued Decision No. (173) of 2025 yesterday ordering the provisional suspension of the following individuals: The ACA said the suspensions...
The Tripoli based Libyan Minister of Transport (and Financial Advisor to the Prime Minister) Mohamed Al-Shahoubi, received the Maltese Ambassador to Libya, Charles Saliba at his Tripoli Ministry ye...
What if the problem isn’t that there’s nothing to watch but that you’ve just not found it yet? Tunde has a ritual. Every evening after work, he slumps into his couch, picks up the remote, and begins t...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.21 per cent on Tuesday, April 15, helped by three stocks on the trading platform. During the session, the NASD Unliste...
The Central Bank of Libya issued instructions yesterday to Libyan commercial banks to begin issuing certificates of deposit. It is speculated that they will be set at a rate of 5 percent return on...
By Adedapo Adesanya The Naira appreciated against the US Dollar by 0.24 per cent or N3.85 at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, April 15, closing at N1,601.40/$1 compa...
Financial experts pointed out that duplicated roles within government, wastage of resources, and inefficiencies are major areas that need to be considered to reduce government expenditure....
By Adedapo Adesanya The acquisition of the National Bank of Kenya by Access Bank Plc may linger a bit because securing the approval of the Central Bank of Nigeria (CBN) may be a challenge despite its...
By Aduragbemi Omiyale An initiative aimed to challenge business leaders and innovators to transcend current horizons has been introduced by Stanbic IBTC Bank through a thematic campaign known as There...
The bank notes that household spending is expected to underpin economic activity....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited bounced back to the green territory on Tuesday with a 0.03 per cent growth amid a bearish market sentiment. Data showed that the bourse finished...
By Adedapo Adesanya Oil prices fell slightly on Tuesday as investors weighed US President Donald Trump’s tariffs and tried to figure out how much the US-China trade war could reduce global econo...
Information asymmetry, whereby one party in a transaction or relationship has more or better information than the other....
The annual World Day for Safety and Health at Work will be marked on April 28 this year. It promotes the prevention of occupational accidents....
Zuckerberg testified for a second day in a landmark US antitrust trial, defending his conglomerate Meta against accusations it took over Instagram and WhatsApp to devour budding competitors....
SBM Bank Kenya Ltd posted an after-tax profit of Sh12.4 million in the first quarter of 2025, reversing a Sh370 million loss recorded last year....
Company has been involved in lucrative State deals including G2G oil import tender. Tullow has been trying to get a strategic partner for its operations in Turkana fields....
Manufacturers want the State CGS for small businesses to be increased by Sh15 million and the repayment period extended to eight years....
HAIKOU, CHINA – Media OutReach Newswire – 15 April 2025 – The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirme...
MANILA, PHILIPPINES – Media OutReach Newswire – 16 April 2025 – In a region rich with ambition, the Philippines continues to lead with sustainability and purposeful leadership. The A...
By Adedapo Adesanya The Nigerian government has officially gazetted and transmitted the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade Area (AfCFTA) to th...
By Adedapo Adesanya The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has instructed the Nigerian Maritime Administration and Safety Agency (NIMASA) to initiate the long-awaited disburse...
Easter is almost here, and with it comes the perfect opportunity to escape the everyday hustle and embark on a memorable adventure. Whether you’re craving some ‘chilling’ time, quali...
By Adedapo Adesanya Nigeria’s inflation rate edged up to 24.23 per cent in March, according to the National Bureau of Statistics (NBS) on Tuesday. It was the first time since the Consumer Price Inde...
By Modupe Gbadeyanka To support innovative solutions that enhance financial accessibility and security in the digital asset ecosystem, Tether has made a strategic investment in a financial technology...
Prudential Assurance has announced plans to recruit and train more than 5,000 sales agents across Kenya over the next five years....
Tech champions have rooted for the use of artificial intelligence (AI) to ease operations and cut costs across the continent....
The global coffee industry for many years, it has been dominated by multinational corporations and male-led enterprises....
Mobile communication remains an essential component of our daily lives in the fast-paced digital age....
A senior Kenyan diplomat has called for the retraining of African diplomats to effectively navigate the evolving international landscape....
The Kenya Bankers Association has joined forces with the Chartered Institute for Securities & Investment to elevate standards in credit risk management within Kenya's banking sector....
Kenya cannot have a thriving textile Industry and at the same time remain a favourite export destination for second hand clothes....
Ramaphosa is on a two day oversight visit to the Nelson Mandela Bay metro....
Forex trading is booming across Nigeria, drawing in thousands of new traders eager to make money from currency markets. This beginner-friendly guide explains how to get started, where to learn the bas...
By Adedapo Adesanya Fitch Ratings has projected Nigeria’s external debt service to reach $5.2 billion this year from $4.7 billion in 2024, though it maintained a stable outlook for the country in its...
North West and Matlosana are launching the Urban Blue Gas Power project for energy solutions....
By Adedapo Adesanya The Katsina State government has attracted an investment worth about $500 million for the development, financing and execution of a series of major energy infrastructure projects a...
Presidency announced the appointment of Mcebisi Jonas as the special envoy....
SA government calls on the G20 Working Group nations to find solutions to illicit financial flows....
Days after U.S. President Donald Trump imposed a ten percent tariff on all goods exported from Kenya and other African countries, the manufacturing sector is facing potential job cuts....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange opened the week on a sad note after it depreciated by 0.41 per cent on Monday, April 14. The loss was influenced by the decline...
Belgassem Khalifa Haftar, Director General of the eastern based Libya Development and Reconstruction Fund, signed several contracts for the implementation of new development projects with LIPCO Con...
By Aduragbemi Omiyale Offices of a popular Ponzi scheme operator, CBEX, in Ibadan and a few other places in Nigeria have been looted by some aggrieved investors. This followed news that the company ha...
By Adedapo Adesanya The Naira further strengthened against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, April 14, by N5.83 or 0.36 per cent to settle at N1,605.2...
Zawia Oil Refining Company launched yesterday the development project for its industrial oil blending and packaging plant, in the presence of representatives from the German company GTG. This effor...
Kotecha, who sued alongside its director Hemal Kotecha, had moved to the Court of Appeal, arguing that Justice Cherere did not give them a fair trial in a case filed by Amalo and Company Ltd....
Decision to implement proposed VAT increase rests solely with Finance Minister Enoch Godongwana....
By Dipo Olowookere The first trading session of this week at Customs Street ended with a marginal 0.03 per cent loss on Monday following profit-taking in financial and energy sectors. The counters clo...
By Adedapo Adesanya The oil market was slightly up on Monday on the back of exemptions for some electronics from US tariffs and data showing a sharp rebound in China’s crude imports in March. Du...
Across Africa, governments and private sector players have poured significant investments into digital infrastructure-from sprawling fibre optic networks to booming mobile payments platforms....
Acquisition of National Bank of Kenya by Access Bank Kenya was approved by CBK on April 4, and subsequently by the National Treasury Cabinet Secretary on April 10....
Over the past decade, Kenya's health sector has undergone significant policy evolution, shaped by two major national development frameworks - the Big Four Agenda and the BETA....
By Adedapo Adesanya The Lagos State government has expressed concerns over the growing number of rickety vehicles operating on Lagos roads, saying they pose a risk to commuters and road users in the c...
The digital revolution has impacted numerous industries, and online betting is among them. In Nigeria, technology is changing the manner in which gamblers engage in popular games such as Aviator. This...
By Adedapo Adesanya Nigeria’s oil output decreased by 4.1 per cent to 1.40 million barrels per day in March from 1.46 million bpd in the previous month, according to the Organisation of the Petroleum...
By Dipo Olowookere Additional shares of First HoldCo Plc worth about N149.6 billion have been listed on the Nigerian Exchange (NGX) Limited. The fresh equities were introduced to the stock exchange on...
HANOI, VIETNAM – Media OutReach Newswire – 14 April 2025 – The Center of Allergy and Clinical Immunology under the Vinmec Healthcare System has officially been chosen as a World Alle...
Hong Kong Students Pave the Future for Various Industries with AI After an 8-month innovation journey, with the record-breaking number of participating teams tripled compared to last year, the Univers...
BUEA, CAMEROON – Media OutReach Newswire – 14 April 2025 – In a major milestone for African journalism, three reporters from Pan African Visions (PAV) have been honored with internat...
HANOI, VIETNAM – Media OutReach Neswire – 14 April 2025 – Together with world-renowned scientists including Prof. Joel F. Habener, Prof. Jens Juul Holst and Assoc. Prof. Svetlana Moj...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 April 2025 – In online trading, speed is king. Below, the experts at Octa, a regulated and trusted broker since 2011, break down...
Kenya Revenue Authority (KRA) has launched a patrol boat for their Marine Unit fleet to enhance the fight against illicit trade and maritime border security....