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Source: LibyaHerald

Acting Minister of Oil and Gas Khalifa Abdel Sadig and US Chargé d’affaires Berndt discussions include developing oil sector

Acting Minister of Oil and Gas, Khalifa Abdel Sadig, met US Chargé d’affaires, Jeremy Berndt, at the Ministry’s Tripoli headquarters last Wednesday (27 August). The meeting focused on enhanci...

Thu, 28 Aug 2025 13:20:21 +0000

No Image Available

Source: LibyaHerald

Libyan German discussions include resumption of flights, opening of German Embassy’s visa section and economic and investment cooperation

Tripoli based Libyan Acting Minister of Economy and Trade, Suhail Abu Sheha, held a meeting yesterday with the German Chargé d’affaires to Libya, Daniel Schimsky, to discuss economic and trad...

Thu, 28 Aug 2025 13:25:07 +0000

Source: The Exchange

Who’s Kilmar Abrego Garcia, the Salvadorian Trump wants sent to Uganda?

For years, besieged Kilmar Abrego Garcia worked as a construction worker in U.S. state of Maryland, where he lived with his wife and children. The Salvadoria...

Thu, 28 Aug 2025 12:47:37 +0000

Source: Business Post Nigeria

AI Can Drive Nigeria’s GDP Growth by 20%—NITDA

By Adedapo Adesanya The Director-General of the National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa, has projected that the digital economy, using Artificial Intelligence (AI)...

Thu, 28 Aug 2025 12:41:46 +0000

Source: Standard Media

SMEs, startups driving innovation and CSR to shine at 2025 Pacesetters Awards

Kenya is set to take centre stage in the global business calendar as it hosts the 9th edition of the prestigious Pacesetters International Awards (PIA) on September 12, 2025 in Nairobi....

Thu, 28 Aug 2025 14:18:00 +0300

Source: Business Post Nigeria

Immigration Raises 5-Year Passport Fee to N100,000, 10 Years to N200,000

By Modupe Gbadeyanka Nigerians will have to cough out more money to obtain their international passports because the Nigeria Immigration Service has increased the fees. In a statement signed on Thursd...

Thu, 28 Aug 2025 12:24:36 +0000

Source: Standard Media

Why Kenya wants to force foreign oil giants into local partnerships

Kenya's energy regulator has proposed new rules that would force giant foreign oil and gas companies to enter partnerships with local firms and prioritise Kenyan goods and services....

Thu, 28 Aug 2025 13:20:19 +0300

Source: Standard Media

Surveyors oppose government plan to value state assets policy

Surveyors have protested and opposed plans by the government to come up with a new policy to value government assets....

Thu, 28 Aug 2025 13:33:00 +0300

Source: SABC News

Women-owned businesses are the best clients: NEF

The NEF is encouraging those venturing into the business space to knock on their door....

Thu, 28 Aug 2025 10:56:34 +0000

Source: Business Post Nigeria

CBN Urges Manufacturers to Lead Nigeria’s FX Earnings Diversification Plan

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has urged manufacturers to lead efforts in diversifying Nigeria’s foreign exchange earnings from crude oil dependence. The Governor of the apex ba...

Thu, 28 Aug 2025 10:37:18 +0000

Source: Business Post Nigeria

DStv, GOtv to Air ROSHN Saudi League Live Via ESPN Africa

It’s On, and it’s massive! ESPN Africa, available on DStv and GOtv, has secured the broadcast rights to the ROSHN Saudi League, delivering live action from one of the fastest growing and most electrif...

Thu, 28 Aug 2025 10:44:08 +0000

Source: Standard Media

Kenya to force foreign oil giants into local partnerships under new rules

Kenya's energy regulator has proposed new rules that would force giant foreign oil and gas companies to enter partnerships with local firms and prioritise Kenyan goods and services....

Thu, 28 Aug 2025 13:20:19 +0300

Source: Standard Media

Afreximbank's A-rating affirmed by Japan's JCR

Afreximbank the multilateral financial institution with a mandate to finance and promote intra- and extra-African trade, has signed a multibillion-dollar deal with Kenya...

Thu, 28 Aug 2025 12:27:40 +0300

Source: Standard Media

Mergers likely to boost shareholder value revealed

Mergers and acquisitions (M&As) in the communication and non-essential consumer goods sectors are more likely to derive shareholder value, a new report shows....

Thu, 28 Aug 2025 12:40:00 +0300

Source: Standard Media

Xinhua hosts workshop for journalists to shed light on AI-driven media transformation

The half-day training workshop themed "The rise of AI and its impact on journalism" took place in Nairobi, organised by Xinhua News Agency Africa Regional Bureau....

Thu, 28 Aug 2025 12:02:53 +0300

Source: LibyaHerald

Aldabaiba-British Ambassador discussions include resumption of British Airways Libya flights and creating attractive Libyan investment environment for foreign companies

Prime Minister Abd Alhamid Aldabaiba received last Tuesday the UK Ambassador to Libya, Martin Longden, in the presence of the Prime Minister’s Financial Advisor, Mohammed Al-Shahoubi, and the...

Thu, 28 Aug 2025 06:30:00 +0000

Source: Business Post Nigeria

PICTURES: Tinubu Returns to Nigeria After Japan, Brazil Trips

By Modupe Gbadeyanka President Bola Tinubu on Thursday returned to Nigeria after travelling to Japan and Brazil for official functions. He landed at the Nnamdi Azikiwe International Airport in Abuja i...

Thu, 28 Aug 2025 08:12:55 +0000

Source: Business Post Nigeria

Access Holdings Appoints Innocent Ike as New CEO

By Adedapo Adesanya Mr Innocent Ike has been announced as the new chief executive of Access Holdings Plc, effective August 29, 2025, replacing Ms Bolaji Agbede, who held the acting role for the last 1...

Thu, 28 Aug 2025 07:56:37 +0000

Source: Business Post Nigeria

FrieslandCampina Buoys NASD OTC Exchange Growth by 0.05%

By Adedapo Adesanya FrieslandCampina Wamco Nigeria helped the NASD Over-the-Counter (OTC) Securities Exchange up by 0.05 per cent on Wednesday, August 27. The milk producer was the solitary price gain...

Thu, 28 Aug 2025 07:46:30 +0000

Source: Business Post Nigeria

Naira Chalks up 42 Kobo Against Dollar at Official Market

By Adedapo Adesanya The Naira appreciated against the United States Dollar by 42 Kobo or 0.03 per cent in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Wednesday, August 27 to sell for N1...

Thu, 28 Aug 2025 07:33:32 +0000

Source: LibyaHerald

Aldabaiba and Shakshak discuss use of international auditors to enhance transparency and accountability in public institutions

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, and the Audit Bureau head, Khaled Shakshak discussed strengthening the role of the Audit Bureau in following up on government expenditure...

Thu, 28 Aug 2025 07:00:00 +0000

Source: Business Post Nigeria

Customs, NACCIMA Move to Cut High Cost of Doing Business

By Adedapo Adesanya The Nigerian Customs Service (NCS) has announced fresh measures to strengthen collaboration with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (...

Thu, 28 Aug 2025 06:45:24 +0000

Source: Business Post Nigeria

Lafarge Africa Introduces EcoCrete Low-Carbon Ready-Mix Concrete

By Aduragbemi Omiyale A new product has been launched into the Nigerian market by a leading innovative and sustainable building solutions company, Lafarge Africa Plc. The cement miller, renowned for t...

Thu, 28 Aug 2025 06:40:52 +0000

Source: Business Post Nigeria

Bearish Investor Sentiment Weakens Nigerian Exchange Index by 0.36%

By Dipo Olowookere The key performance indicators of the Nigerian Exchange (NGX) Limited succumbed to profit-taking on Wednesday as they closed lower by 0.36 per cent. The midweek trading session was...

Thu, 28 Aug 2025 06:08:20 +0000

Source: Business Post Nigeria

Oil Prices up on Significant Decline in US Crude Inventories

By Adedapo Adesanya Oil prices were up on Wednesday after data showed a large drop in US crude inventories and as investors weighed the potential impact of new tariffs on India by the US. Brent crude...

Thu, 28 Aug 2025 06:13:55 +0000

Source: LibyaHerald

Ministry of Health to launch National System for Dispensing and Monitoring Insulin‎

‎Libya’s Tripoli based Ministry of Health announced last Tuesday (26 August) the imminent launch of an advanced electronic system linked to the National ID Number aimed at eliminating the duplicati...

Thu, 28 Aug 2025 06:00:00 +0000

Source: Business Post Nigeria

Trucks Delivery Setback Delays Dangote Refinery Nationwide Distribution Plan

By Adedapo Adesanya Plans by the 650,000 barrels per day Dangote Refinery to start nationwide fuel delivery across Nigeria from this month has been delayed after facing logistics setbacks from Chinese...

Thu, 28 Aug 2025 05:33:02 +0000

Source: Standard Media

Why Kenya's developers struggle to recoup capital

The slower the buyers come, the slower you get to recoup your capital and invest in the next new project....

Thu, 28 Aug 2025 08:15:00 +0300

Source: Standard Media

Kenya doubles down on plan to give foreign carriers more access

The government has made another attempt to further open up Kenyan skies to foreign carriers, giving them greater freedom and flexibility in flying into Kenya....

Thu, 28 Aug 2025 08:00:00 +0300

Source: SABC News

Coal and gas will continue to play a big role in Africa: Expert

The Continental Energy and Infrastructure Investment Forum is under way in Sun City....

Thu, 28 Aug 2025 03:57:46 +0000

Source: Standard Media

No more hidden fees as CBK moves to enforce new loan pricing model

Risk-Based Credit Pricing Model, which kicks in on September 1, seeks to eliminate opacity while creating a fairer, more competitive lending environment....

Thu, 28 Aug 2025 06:00:00 +0300

Source: Standard Media

Fast builds, slow buyers: Why Kenya's developers struggle to recoup capital

The slower the buyers come, the slower you get to recoup your capital and invest in the next new project....

Thu, 28 Aug 2025 06:00:00 +0300

Source: Standard Media

Trading of Orthodox tea to debut at Mombasa Auction

Orthodox tea will now be offered at the Mombasa Tea Auction, Tea Board of Kenya (TBK) Chief Executive Willy Mutai has said....

Thu, 28 Aug 2025 06:00:00 +0300

Source: Business Post Nigeria

Finding Stillness in a Chaotic World: “Peace in Solitude” a solo exhibition by Bongkojthip Bhirombhakdi

BANGKOK, THAILAND – Following her previous series Journey to Tranquility, which explored a personal quest for inner peace through imagined natural landscapes from seas, skies and mountains to tr...

Wed, 27 Aug 2025 11:38:00 +0000

Source: Business Post Nigeria

Momcozy Ergonest Maternity Belly Band Nominated for Prestigious Kind+Jugend Innovation Award 2025

LONDON, UK – Media OutReach Newswire – 27 August 2025 – Momcozy, a leading maternity and baby brand trusted by over 3.6 million mothers worldwide, is proud to announce that its Ergon...

Wed, 27 Aug 2025 12:17:00 +0000

Source: Business Post Nigeria

Event Captions And Video Search Bring Evolving Intelligence To Arlo Secure Subscribers

Smarter experiences, automatically. Stay equipped with the latest AI-driven features. SINGAPORE – Media OutReach Newswire – 28 August 2025 – Arlo Technologies, Inc. (NYSE: ARLO), a l...

Thu, 28 Aug 2025 02:00:00 +0000

Source: Standard Media

New 'Jahazi' project charts sustainable course for EAC's blue economy

In this brutal calculus, the region loses over $415 million (Sh53.535 billion) annually to IUU fishing, a staggering drain on both economies and ecosystems....

Thu, 28 Aug 2025 00:00:00 +0300

Source: Standard Media

Collapse of Banda Homes leaves off-plan investors in financial ruin

This marks a dramatic collapse of a firm that once promised affordable housing but left investors with undelivered homes and lost savings in the millions of shillings....

Thu, 28 Aug 2025 00:00:00 +0300

Source: Standard Media

Reprieve for cargo owners as agency halts vessel inspection levies

The measures were implemented on a pilot basis, beginning 1 March 2025, following what Kephis termed "extensive consultations" with industry players....

Thu, 28 Aug 2025 00:00:00 +0300

Source: Standard Media

Somaliland gets its first international five-star hotel

The new property marks a major milestone as the first internationally branded five-star hotel to open in Somaliland....

Thu, 28 Aug 2025 00:00:00 +0300

Source: Business Post Nigeria

Nigeria Next Frontier for Investment Amid Disruptions, Shifts—Idahosa

By Adedapo Adesanya The President of the Lagos Chamber of Commerce and Industry (LCCI), Mr Gabriel Idahosa, has declared Nigeria as the next frontier for investments amid recent disruptions and shifts...

Wed, 27 Aug 2025 16:19:56 +0000

Source: Business Post Nigeria

Dangote Equips CNG Trucks With Cameras, Drivers to Undergo Drug, Other Tests

By Aduragbemi Omiyale Certain measures are being taken by the management of Dangote Group to curb auto crashes and one of them is the installation of cameras across its fleet of thousands of CNG truck...

Wed, 27 Aug 2025 16:01:48 +0000

Source: Business Post Nigeria

Tinubu to Unveil National Counter-Terrorism Strategy in October

By Adedapo Adesanya President Bola Tinubu is expected to officially unveil Nigeria’s revised National Counter-Terrorism Strategy in October, following an extensive review process designed to align the...

Wed, 27 Aug 2025 15:38:38 +0000

Source: Business Post Nigeria

Industrial and Medical Gases Begins N6.4bn Rights Issue for Expansion Plans

By Aduragbemi Omiyale A leading maker and distributor of industrial and medical gases, Industrial and Medical Gases (IMG) Plc, has commenced a rights issue aimed at raising funds for its expansion pla...

Wed, 27 Aug 2025 15:36:12 +0000

Source: Standard Media

How technology is impacting conservation efforts in Africa

Three storytellers and technology experts have collaborated to utilise video games and virtual reality in raising awareness about conservation efforts in Africa....

Wed, 27 Aug 2025 17:42:53 +0300

Source: Standard Media

Farmers earn Sh638 million from coffee auction

The Nairobi Coffee Exchange netted Sh638.8 million after the sale of 9,886 bags of coffee, as the stakeholders celebrated the high prices....

Wed, 27 Aug 2025 16:15:03 +0300

Source: Standard Media

Transporters decry over delays at Mombasa port

Transports have decried delays in the evacuation of cargo from the Port of Mombasa, warning that the problem could spiral to a total gridlock at the facility....

Wed, 27 Aug 2025 15:56:25 +0300

Source: Business Post Nigeria

Access Bank CEO Roosevelt Ogbonna Exits Access Holdings Board

By Adedapo Adesanya Access Holdings Plc has announced that Mr Roosevelt Ogbonna, a Non-Executive Director, has stepped down from the board after three and a half years of service. The announcement was...

Wed, 27 Aug 2025 12:49:18 +0000

Source: Business Post Nigeria

Fidelity Bank Limits International Transactions on Naira Card to $1,000 Per Quarter

By Aduragbemi Omiyale Customers of Fidelity Bank Plc can now “spend up to $1,000 quarterly for international POS and online transactions,” the lender’s Divisional Head of eBanking, Ms Ifeoma Onibuje....

Wed, 27 Aug 2025 12:44:01 +0000

Source: Business Post Nigeria

CBN Gives Operators 60 Days to Geotag POS Machines

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has mandated Point of Sale (PoS) operators to geotag their terminals within 60 days or risk being shut down. In a circular released on August 25,...

Wed, 27 Aug 2025 11:06:57 +0000

Source: Business Post Nigeria

Aregbe Invites China to 72 Hours Lagos Weekend Experience in November

By Modupe Gbadeyanka The Special Adviser to Governor Babajide Sanwo-Olu of Lagos State on Tourism, Arts and Culture, Mr Idris Aregbe, has sought the participation of a Chinese delegation for the 72 Ho...

Wed, 27 Aug 2025 10:58:00 +0000

Source: LibyaHerald

General Authority for Telecommunications and Informatics launches 2025 Frequency Allocation Plan

The General Authority for Telecommunications and Informatics announced yesterday the launch of the Libyan National Frequency Allocation Plan (LNFP 2025). The Authority says this comprehensive regul...

Wed, 27 Aug 2025 08:30:00 +0000

Source: LibyaHerald

Ministry of Planning launches Libya 2050 Vision

At an official ceremony at its Tripoli headquarters, the Ministry of Planning yesterday launched the “Libya Vision 2050” project. Hosted by Planning Minister Mohamed Al-Zaidani, the cer...

Wed, 27 Aug 2025 08:00:00 +0000

Source: The Exchange

Will Interpol’s Serengeti 2.0 crackdown change the cybercrime game in Africa?

Interpol’s June to August operation in Angola, Zambia and Ivory Coast leads to the recovery of over $97.4 million. Sleuths from 18 countries in Africa...

Wed, 27 Aug 2025 07:55:38 +0000

Source: Business Post Nigeria

NASD Index Falls 0.15% as Two Price Losers Overpower Five Price Gainers

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.15 per cent on Tuesday, August 23 after two price losers overpowered five price gainers. This brought down the market...

Wed, 27 Aug 2025 07:36:38 +0000

Source: LibyaHerald

Qatari shipping line Milaha begins its Libya operations from Misrata Free Zone

Misrata Free Zone (MFZ) announced yesterday that Qatari shipping company Milaha launched its first maritime voyage to Libya through the Misrata Free Zone Port with the docking of its vessel “...

Wed, 27 Aug 2025 07:00:00 +0000

Source: Business Post Nigeria

Rise in Forex Demand Crashes Naira to N1,537/$1 at Official Market

By Adedapo Adesanya The Naira came under foreign exchange (FX) pressure on Tuesday, August 26, as its value further weakened against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (N...

Wed, 27 Aug 2025 06:54:24 +0000

Source: LibyaHerald

Total fish exports ban reimposed to deflate local prices – exceptional export licenses issued by Economy Ministry cancelled

The Tripoli based Libyan Ministry of Marine Resources confirmed Monday that based on advice by its Minister to Prime Minister Abd Alhamid Aldabaiba, the Prime Minister has issued instructions to th...

Wed, 27 Aug 2025 06:30:00 +0000

Source: Business Post Nigeria

Brent, WTI Dip 2% on Uncertainties in Oil Market

By Adedapo Adesanya The two major oil grades in the global crude oil market declined by about 2 per cent on Tuesday as investors watched developments around US tariffs, the war in Ukraine and the pote...

Wed, 27 Aug 2025 06:22:03 +0000

Source: Business Post Nigeria

Customs Street Firms by 0.23% Despite Profit-Taking in Insurance Sector

By Dipo Olowookere The Nigerian Exchange (NGX) Limited further appreciated by 0.23 per cent on Tuesday despite witnessing profit-taking in the insurance sector. The index for shares under the underwri...

Wed, 27 Aug 2025 06:23:29 +0000

Source: LibyaHerald

Libyans still need visas to travel to China

The Embassy of the People’s Republic of China in Libya confirmed yesterday that the reports circulating on some social media pages regarding the cancellation of visa requirements for Libyan p...

Wed, 27 Aug 2025 06:00:00 +0000

Source: Standard Media

Why KQ is back down to earth

Kenya Airways (KQ) has slid back into loss-making, reporting a net loss of Sh12.15 billion for the half year to June 30 this year, from a profit of Sh513 million reported last year....

Wed, 27 Aug 2025 08:00:00 +0300

Source: Standard Media

How boda boda fatal crashes are costing Kenya billions in losses

The boda boda industry which is largely informal has been growing tremendously, and so are the accident risks, causing a massive loss for owners, operators and also their victims....

Wed, 27 Aug 2025 08:00:00 +0300

Source: Business Post Nigeria

South Africa to Attend BRICS+ Fashion Summit in Moscow

By Stephen Manzini A delegate from South African will be at the upcoming BRICS+ Fashion Summit, a major international platform shaping the future of the global fashion industry, taking place in Moscow...

Wed, 27 Aug 2025 05:19:00 +0000

Source: Business Post Nigeria

The Happiness Budget: Why Spending Less on Things Can Buy You More Joy

We live in a world where happiness is often sold to us with a price tag. A new phone, a bigger car, a better wardrobe—advertisers make us believe these things will make us feel complete. But here’s th...

Wed, 27 Aug 2025 05:19:32 +0000

Source: Business Post Nigeria

How Social Media Algorithms Are Secretly Controlling Your Money Habits

You probably think you’re in full control of your spending decisions, right? You decide what to buy, when to invest, and how to save. But here’s the uncomfortable truth: social media algorithms are qu...

Wed, 27 Aug 2025 04:59:39 +0000

Source: Business Post Nigeria

Nigeria Records 46% Decline in Variant Polio Cases in One Year

By Adedapo Adesanya Nigeria recorded a 46 per cent decline in variant poliovirus cases compared to the previous year, according to the National Primary Healthcare Development Agency (NPHCDA). The NPHC...

Wed, 27 Aug 2025 04:51:47 +0000

Source: Standard Media

Brewing dreams on the streets of Kisumu

The smell of hot street coffee in Kisumu streets fills the air. For many, it is a quick, affordable drink to warm the body and start the day....

Wed, 27 Aug 2025 07:25:00 +0300

Source: Standard Media

Incubation hubs and AI guidelines now a must for digital lenders

The Office of the Data Protection Commissioner is mulling a sandbox where digital credit providers (DCPs) can host new technologies....

Wed, 27 Aug 2025 06:00:00 +0300

Source: Standard Media

Japanese agency commits Sh5.2b to boost businesses in Africa and Asia

SMEs in Asia and Africa are set to get more financing after the Japan International Cooperation Agency (JICA) announced a $40 million (Sh5.2 billion) investment....

Wed, 27 Aug 2025 06:00:00 +0300

Source: Standard Media

Why M-Pesa could not gain traction in South Africa

M-Pesa, one of the most successful innovations in Kenya could not gain traction in South Africa (SA)....

Wed, 27 Aug 2025 06:00:00 +0300

Source: Business Post Nigeria

2025 Seafood Excellence Asia Awards Finalists

Eight products were selected as finalists and will compete for the best new seafood product at Seafood Expo Asia, taking place 10-12 September in Singapore. SINGAPORE – Media OutReach Newswire &...

Wed, 27 Aug 2025 01:00:00 +0000

Source: Business Post Nigeria

HID Unveils Next-Generation FIDO Hardware and Centralized Management at Scale

The Next Generation of HID’s FIDO Portfolio Features Hardware Authenticators and a Centralized Management Experience that Simplifies Passkey Deployment HONG KONG SAR – Media OutReach Newswire &#...

Wed, 27 Aug 2025 02:00:00 +0000

Source: Business Post Nigeria

Marking 30 Years of Excellence, EtonHouse International Education Group Pledges $3 Million to EtonHouse Community Fund to Strengthen Community Impact

SINGAPORE – Media OutReach Newswire – 27 August 2025 – Marking 30 years of excellence in education, EtonHouse International Education Group, together with E-Bridge Pre-School, has pl...

Wed, 27 Aug 2025 02:00:00 +0000

Source: Business Post Nigeria

Jupiter Neurosciences Launches Nugevia™ Website and Opens Pre-Orders for Groundbreaking Longevity Supplements

Targeting the Multi-Trillion Dollar Longevity Market HONG KONG SAR – Media OutReach Newswire – 27 August 2025 – Jupiter Neurosciences, Inc. (NASDAQ: JUNS) (“Jupiter” or t...

Wed, 27 Aug 2025 01:00:00 +0000

Source: Business Post Nigeria

Navy Seizes 105,000 Litres of Diesel, Arrests 8 in Bonny Operation

By Adedapo Adesanya The Nigerian Navy has uncovered and neutralized an illegal petroleum products camp in Bonny, Rivers State, seizing over 105,000 litres of Automotive Gas Oil (AGO) illegal bunkering...

Wed, 27 Aug 2025 00:53:49 +0000

Source: Business Post Nigeria

Tinubu Bans Raw Shea Nut Export for Six Months to Curb Informal Trade

By Aduragbemi Omiyale In order to curb informal trade, boost local processing, protect and grow Nigeria’s Shea industry, President Bola Tinubu has ordered the immediate ban of raw Shea nut export for...

Tue, 26 Aug 2025 23:03:15 +0000

Source: Standard Media

KQ back down to earth after Sh12.15b half-year loss

Kenya Airways (KQ) has slid back into loss-making, reporting a net loss of Sh12.15 billion for the half year to June 30 this year, from a profit of Sh513 million reported last year....

Wed, 27 Aug 2025 00:00:00 +0300

Source: Standard Media

Safaricom expands role as enterprise technology partner

Safaricom PLC has reaffirmed its position as a trusted technology partner for businesses of all sizes since marking 16 years of supporting enterprises in Kenya....

Wed, 27 Aug 2025 00:00:00 +0300

Source: Standard Media

The two-wheeled killer rides costing Kenya billions in losses

The boda boda industry which is largely informal has been growing tremendously, and so are the accident risks, causing a massive loss for owners, operators and also their victims....

Wed, 27 Aug 2025 00:00:00 +0300

Source: Standard Media

Returns from State bonds drive HF Group's profit by 150pc

HF Group nearly doubled interest income on government paper in the six months to June 2025, raising its profit before tax by 148 per cent to Sh702.9 million....

Wed, 27 Aug 2025 00:00:00 +0300

Source: Business Post Nigeria

Spotify Introduces Direct Messaging Feature

By Adedapo Adesanya Spotify has introduced a direct messaging feature that allows users to share music, podcast, and audiobook recommendations with other people without leaving the app. The feature kn...

Tue, 26 Aug 2025 20:34:30 +0000

Source: SABC News

Pityana denies political pressure in Lotteries Commission exit

Pityana cites personal reasons for stepping down, amid questions on Commission’s reform efforts....

Tue, 26 Aug 2025 20:16:18 +0000

Source: Business Post Nigeria

Midweek Football Action: Champions League Play-offs, Carabao Cup Battles on GOtv

Football fans are in for a thrilling midweek as Europe’s most intense knockout drama takes centre stage in Champions League play-offs and Carabao Cup clashes. The games will be broadcast live on Supe...

Tue, 26 Aug 2025 20:31:31 +0000

Source: The Exchange

Prince Rahim Aga Khan visits Kenya

His Highness Prince Rahim Aga Khan, the 50th hereditary Imam (spiritual leader) of the Shia Ismaili Muslims, is in Kenya for a three-day official visit that mixes diplomacy, herita...

Tue, 26 Aug 2025 19:39:58 +0000

Source: Business Post Nigeria

PenCom Recovers N4.57bn Pension Funds from 138 Defaulting Employers

By Adedapo Adesanya About N4.57 billion in pension funds have been recovered from defaulting employers between the first quarter of 2024 and the first quarter of 2025 by the National Pension Commissio...

Tue, 26 Aug 2025 16:15:35 +0000

Source: Business Post Nigeria

The Price of Fake Life at This Time!

By Timi Olubiyi, PhD In Lagos, Nigeria, like other African cities, Johannesburg, Cairo, and Nairobi, among others, the pressure to appear rich has reached disturbing heights. Amid a backdrop of rapid...

Tue, 26 Aug 2025 15:39:46 +0000

Source: Business Post Nigeria

TikTok for Artists Launches in Nigeria

By Modupe Gbadeyanka A new all-in-one insights platform, TikTok for Artists, has launched in Nigeria to provide artists, their labels, and their teams with the data and tools needed to better understa...

Tue, 26 Aug 2025 16:01:46 +0000

Source: Business Post Nigeria

Manufacturers Kick Against Silent Reintroduction of 4% FOB Charge

By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has kicked against an alleged reintroduction of the controversial 4 per cent Free on Board (FOB) charge by the Nigeria Customs Servic...

Tue, 26 Aug 2025 15:44:27 +0000

Source: Business Post Nigeria

ntel Eyes 2026 Return to Nigeria’s Telco Market

By Adedapo Adesanya Nigeria’s pioneering telecoms operator, ntel (formerly NITEL), is eyeing a return from dormancy, with a preliminary target of first quarter of 2026. According to a report from a te...

Tue, 26 Aug 2025 15:30:44 +0000

Source: Business Post Nigeria

Ogun Praises Dangote Cement for Exemplary Tax Compliance

By Aduragbemi Omiyale Leading cement maker, Dangote Cement Plc, has been commended by the Ogun State Internal Revenue Service (OGIRS) for being a responsible corporate citizen, which contributes immen...

Tue, 26 Aug 2025 15:28:22 +0000

Source: Standard Media

Kenya Airways swings to pretax loss in first half-year results

KQ CEO Kilavuka cites capacity and maintenance challenges....

Tue, 26 Aug 2025 17:52:55 +0300

Source: Standard Media

Why it's cheaper to drink wine outside Kenya

With a relatively high excise taxation, it is difficult for a consumer to have a glass of wine or a bottle of wine when compared to a beer or a local spirit, the cost differential is so high....

Tue, 26 Aug 2025 15:44:02 +0300

Source: Business Post Nigeria

Nigeria Imports 1,721 MW of Solar Panels in 12 Months

By Adedapo Adesanya Between June 2024 and June 2025, Nigeria overtook Egypt to become the second-largest importer of solar panels in Africa, with 1,721 MW of solar panel imports, according to a new an...

Tue, 26 Aug 2025 12:48:53 +0000

Source: Business Post Nigeria

Organisers Extend Deadline for 2025 Maltina Teacher of the Year Entries

By Modupe Gbadeyanka The deadline for entries for the 2025 Maltina Teacher of the Year competition has been extended to Friday, September 5 from Friday, August 22, a statement from the organisers has...

Tue, 26 Aug 2025 12:42:07 +0000

Source: LibyaHerald

NOC discusses exploration and production with US oil giant Chevron in its 4 billion reserves, 18 bn barrels of shale oil and 123 trillion cubic ft of natural gas

Libya’s state National Oil Corporation (NOC) revealed today that it had held a coordination meeting in London with US oil giant Chevron Corporation to discuss technical and investment cooperation i...

Tue, 26 Aug 2025 11:52:49 +0000

Source: LibyaHerald

Oil Ministry discusses creating attractive investment environment for sector, including issuing Investor Guide booklet

Libya’s Ministry of Oil and Gas reported today that it held a meeting yesterday at its Tripoli headquarters to discuss creating an attractive and encouraging investment environment for the sector....

Tue, 26 Aug 2025 11:22:08 +0000

Source: Business Post Nigeria

Analysts Project Nigeria’s Foreign Reserves Rising to $45bn

By Adedapo Adesanya Nigeria’s external reserves could rise to about $45 billion by the end of the year, market analyst say, following established trends. Last Tuesday, the foreign exchange reserves of...

Tue, 26 Aug 2025 11:31:23 +0000

Source: Business Post Nigeria

AXA Mansard’s Adebisi Tasks Insurers to Rebuild Trust With NIIRA 2025

By Aduragbemi Omiyale Insurance operators in Nigeria have been charged to match the landmark Nigerian Insurance Industry Reform Act (NIIRA) 2025 with disciplined execution so as to improve insurance p...

Tue, 26 Aug 2025 11:25:32 +0000

Source: LibyaHerald

Tripoli City Metro options reviewed including financing mechanisms and investment opportunities

Libyan Railroads announced yesterday that it is reviewing the various updated options available for the Tripoli City Metro Project. The review came during a working meeting held last Sunday (24 Aug...

Tue, 26 Aug 2025 10:58:18 +0000