By Modupe Gbadeyanka The new management of the Nigerian National Petroleum Company (NNPC) Limited has been asked to provide incentives for local refineries. This call was made by the Conference of Nig...
By Adedapo Adesanya African telecommunications giant, MTN Group, has announced plans to reduce its shareholding in MTN Nigeria through a public offer as it foresees the return of the Nigerian subsidia...
Abdullah Almusaibeeh has been appointed the new president of the Arab Bank for Economic Development in Africa (BADEA)....
ICT Cabinet Secretary William Kabogo said it's time for the continent to leverage its regional integration, strategic leadership and governance for advanced digital transformation....
Introduction Trading in futures and options (F&O) has become a popular way to diversify investments and hedge risks in the financial markets. With the right knowledge and strategy, anyone can star...
By Adedapo Adesanya Dangote Petroleum Refinery and Petrochemicals has reviewed its ex-gantry loading cost of petrol downward by 1.7 per cent to N865 per litre. According to a report by Channels Televi...
CBK Governor Kamau Thugge said that CBK's interventions in the foreign exchange market were aimed at smoothing out volatility, not manipulating the shilling's exchange rate for trade advantage....
Eskom fails to achieve energy availability target of 70%...
Just when you thought GOtv was done bringing top-tier entertainment, it’s back with more! If you’ve been sleeping on Our Husband and The Yard, now is the time to catch up. Plus, a brand-new drama, Win...
By Adedapo Adesanya Africa Finance Corporation (AFC), the continent’s top infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year...
Italy’s Eni will invest around € 8 billion in Libya over the next four years to boost energy production, Reuters reported Eni CEO Claudio Descalzi saying last Tuesday. The amount will be part...
The Libyan Iron and Steel Company reported yesterday that it had achieved a record 210,00-tons in exports of Hot Briquette Iron (HBI) in the first quarter of 2025. The HBI was exported to several A...
UNSMIL urged in a statement released yesterday all Libyan parties to set aside the blame game and agree on urgent measures to stabilise Libya’s economy. The bout of public accusations by Libyan sta...
The Italian Embassy in Libya revealed last Tuesday (8 April) that Italian exports to Libya were up by €2.27 billion in 2024, a sharp increase of 34.2 percent. The export increases were led by the m...
By Adedapo Adesanya For the third consecutive trading session, the NASD Over-the-Counter (OTC) Securities Exchange ended in red territory, losing 0.10 per cent on Wednesday, April 9. The market capita...
The high-stakes nature of the real estate sector means that any decision made has serious financial implications and is very personal; therefore, it takes a lot of insight to find an appropriate prope...
By Adedapo Adesanya The Naira maintained stability against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, April 9 at N1,612.97/$1 as traders weighed development...
South Africa is officially one of the countries that will see a 90 pause in US president Donald Trump’s higher reciprocal tariffs, according to Trade, Industry and Competition Minister Parks Tau....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited reserved the previous day’s gains to close lower by 0.18 per cent on Wednesday due to renewed profit-taking. This occurred despite the market bre...
Fifty-five members of the House of Representatives (HoR) issued a statement last Tuesday (8 April) on the devaluation of the dinar, stressing that the solution to the economic crisis is not through...
By Adedapo Adesanya The oil market climbed more than 4 per cent on Wednesday after the US President, Mr Donald Trump, said he would further increase tariffs on China but pause the tariffs he announced...
Most containers used to import cargo through major Kenyan ports are contaminated and pose health risks to consumers, a new survey shows....
China's blue-chip CSI300 Index and the Shanghai Composite Index both rose 1.4%....
It is now two weeks since students at Kenya's premier maritime training institute - Bandari Maritime Academy (BMA)- were sent home indefinitely following unrest....
Construction projects are inherently risky, involving complex tasks, heavy machinery, and numerous workers....
The affordable housing programme driven by the Kenya Kwanza regime to deliver an average of 200 units in every constituency is backed by a public land bank and an unpopular housing levy....
BEIJING, CHINA – Media OutReach Newswire – 9 April 2025 – A scene even science fiction has yet to depict—humans and humanoid robots running side by side in a half-marathon — will bec...
Charlotte Tilbury and WOKE UP LIKE THIS Introduce Pop-up Stores Curated selection from Aesop, BEYORG, Burberry Beauty, Chloé Atelier des Fleurs, DFS, L’Artisan Parfumeur and Slowood HONG KONG SA...
SINGAPORE – Media OutReach Newswire – 10 April 2025 – Bizcap, an Australia-headquartered leading provider of fast, flexible business loans, has officially launched its Singapore oper...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 April 2025 – A recent quiz conducted by global broker Octa and World of Buzz media discovered that 62% of Malaysian traders are...
The New Cities Summit 2025 will showcase pioneering urban development projects and connect developers with top financiers, policymakers, and experts for strategic guidance....
Majority of tenants would rather build their units - a bungalow or maisonnette - rather than purchase the unit they are renting at the moment....
President William Ruto has broken his silence on the 10 per cent tariff imposed on Kenyan exports to the US, asserting that the country will safeguard its interests amid the global trade war....
AGOA allows Sub-Saharan countries preferential trade with the US....
China is also the biggest trade partner for Africa to lean on....
By Aduragbemi Omiyale An organisation known as Jesin Games on Monday, April 7, 2025, launched a new educational game, AfriTrivia, in Lagos. The trivial game was designed to promote facts about the Afr...
The BETI measures the value of all electronic transactions cleared through BankservAfrica....
By Edwin Uhara The various telecommunication companies in the country have come under intense pressure from the Nigerian consumers over rapid depletion of mobile data services despite the high cost of...
By Adedapo Adesanya Nigeria recorded a Balance of Payments (BOP) surplus amounting to $6.83 billion in 2024, according to the Central Bank of Nigeria (CBN). The apex bank, in a statement signed by its...
The war on plastic pellets received a major boost at the International Maritime summit in London after the IMO team agreed on a draft 2025 Action Plan to address marine plastic litter from ships....
In a significant move aimed at accelerating Nigeria’s digital economy, Egbin Power, Nigeria’s leading power generation company, has been identified as the ideal location to host the nation’s first Nat...
By Adedapo Adesanya The latest signals from the global crude oil market suggest a rocky road for Nigeria’s 2025 budget as Brent oil price falls to $60 per barrel over a United States-triggered t...
Analysts note that emerging markets typically struggle during times of uncertainty...
In a public notice, KCB stated it would lower its base lending rate from 14.6 per cent to 13.85 per cent per annum....
With the emergence of cryptocurrencies and alternative assets, the prospect of increasing your fortune has never been more alluring. “What if you could turn your digital assets into real wealth?...
By Adedapo Adesanya More reactions continue trail the recent tariffs introduced by the administration of President Donald Trump of the United States, and the latest to add his input is the presidentia...
By Chiamaka Happiness Madueke What’s worse than being taxed? Being taxed invisibly and twice. When the government tightens monetary policy; hikes taxes, and removes subsidies, all in one breath, you w...
By Adedapo Adesanya The federal government has said its Naira-for-crude initiative remains in effect and will continue despite its recent suspension by the Nigerian National Petroleum Company (NNPC) L...
By Adedapo Adesanya The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has tasked Mr Bashir Bayo Ojulari, the new chief executive of the Nigerian National Petroleum Company...
There were 589 human rights violations in Libya during 2024, NGO Libya Crimes Watch (LCW) revealed in its 2024 Annual report released yesterday. These included arbitrary arrests, enforced disappear...
A high-level Libyan delegation headed by the Tripoli based Minister of Transport, Mohamed Al-Shahoubi, including Undersecretary of the Ministry of Defence, Abdessalam Zoubi, paid an official visit...
President William Ruto has called on African countries to seize the moment and claim their rightful place in the global economy....
The Attorney General’s Office reported yesterday that the Criminal Court has convicted the former Branch Manager and the Credit Officer of the Agricultural Bank – Qasr Bin Ghashir. The Publi...
During the First Ordinary Cabinet Meeting for 2025 held yesterday in Tripoli at the Victory Forest Halls Complex (Rixos Complex), Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba embarked...
Libya’s state National Oil Corporation (NOC) announced yesterday that Mellitah Oil and Gas Company is preparing to drill eight gas wells in water depths of up to 100 meters in the offshore formatio...
A stroll along the beachlines stretching from Dunga to Kisumu West reveals hidden gems that are slowly turning the area into a tourism masterpiece....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell further by 0.79 per cent on Tuesday, April 8, triggered by decline in the prices of Central Securities Clearing System (CSC...
By Aduragbemi Omiyale A Senior Advocate of Nigeria (SAN), Mr Anthony Ikemefuna Idigbe, has been appointed to the board of PZ Cussons Nigeria Plc as an independent non-executive director. A regulatory...
By Adedapo Adesanya The Naira appreciated against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, April 8, by N55.66 or 3.5 per cent to N1,612.97/$1 from the prece...
If you’ve been exploring the world of trading—whether you’re just starting out or already have experience—you’ve probably come across the concept of funded trading programs. These programs are b...
By Adedapo Adesanya The value of Brent crude shrank by 2.16 per cent or $1.39 to $62.82 per barrel on Tuesday as investors smell an increasing likelihood of a recession due to the escalating trade war...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited appreciated by 0.15 per cent on Tuesday, though weak investor sentiment remained as market participants watch happenings in the global economy. D...
Macadamia farmers are enjoying a remarkable turnaround, with farm-gate prices soaring past Sh100 per kilo, a dramatic rise from the Sh20 it traded last year....
Kenya's tourism sector is on a trajectory of significant growth, with projections indicating that earnings will reach Sh650 billion in 2025, up from Sh452.2 billion in 2024....
Stephen Isaboke's nomination as PS State Department for Broadcasting and Telecommunications on the spot over a conflict of interest owing to his shareholding in GOtv Kenya....
The latest projections indicate that 2.8 million Kenyans will face acute food insecurity in the coming months is worrying....
DHAKA, BANGLADESH – Media OutReach Newswire – 9 April 2025 – ShopUp, Bangladesh‘s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in...
MANILA, PHILIPPINES – Media OutReach Newswire – 9 April 2025 – Philippine small and medium-sized businesses (SMEs), particularly those in the retail and food & beverage (F&B)...
Kenya Power begins sixth phase of electricity connection under the Last Mile Connectivity Project (LMCP) funded by the African Development Bank...
By Aduragbemi Omiyale The presidency has responded to an outburst by the Senator representing Borno South Senatorial District in the National Assembly, Mr Ali Ndume, that the appointments by President...
By Modupe Gbadeyanka The Financial Inclusion Vehicle (FIVE) of AfricInvest has received the injection of €26 million from Swedfund to boost access to financial services in Africa. About a fifth of the...
By Aduragbemi Omiyale A foremost telecommunications company in Nigeria, MTN Nigeria, has paid a glowing tribute to its founding chairman, Mr Pascal Gabriel Dozie, who died in the early hours of Tuesda...
Daniel Saoke has turned livestock bones and horns into beautiful handcrafts. He recently showcased his unique products at an exhibition held at the Kenyatta KICC Nairobi....
Kenya stands as Africa's third-largest e-commerce market, driven by rising internet penetration, a tech-savvy youth population, and mobile adoption rates exceeding 40 per cent....
CBK slashed the Central Bank Rate by 75 basis points to 10.00 per cent in March, down from 10.75 per cent in February....
Wrong categorisation of businesses and the lack of a standard definition of SMEs have stood out as major challenges to the government's ability to get precise data from the private sector....
By Modupe Gbadeyanka The chairman of Rite Foods Limited, Mr Sulaiman Adebola Adegunwa, has been commended for donating an ultra-modern Trauma Centre to the Olabisi Onabanjo University Teaching Hospita...
By Adedapo Adesanya The Nigeria Employers’ Consultative Association (NECA) has commended the Nigeria Customs Service (NCS) for the recent policy reforms and operational improvement, which have boosted...
By Philip Odiakose Let us be honest — if I had a Naira for every time a CEO said or thinks PR is a “cost center,” I would probably have built a second agency by now. And I get it — PR feels intangible...
By Adedapo Adesanya The United States has lamented Nigeria’s import ban on 25 different products, particularly in agriculture, pharmaceuticals, beverages, and consumer goods, as it rationalised the re...
By Adedapo Adesanya A data insights company, Veriv Africa, has called for increased focus on tackling insecurity and boosting private sector involvement in the Nigerian agriculture to help staunch the...
By Kehinde Ogundare Artificial Intelligence (AI) is revolutionising industries globally, and Nigeria is no exception to this trend. Businesses in Nigeria are increasingly exploring AI-driven automatio...
By Aduragbemi Omiyale Nigerian students interested in getting funds for their tertiary education can now apply for the scholarship programme of MTN Foundation. In the past 15 years, MTN Foundation has...
Scrap metal dealers have appealed to the government to urgently protect the industry, which is threatened by importation of low priced steel reinforcement and steel billet into the country....
Many say they are there to gain more information on how they can benefit from the money....
By Modupe Gbadeyanka A partnership to advance high-quality patient-centred healthcare in Nigeria has been entered into between Iwosan Investments Limited and Mayo Clinic Global Consulting. The aim is...
By Adedapo Adesanya Nigeria and Japan have launched a strategic venture capital initiative that will channel Naira-denominated investments into high-growth startups, shielding them from currency risks...
By Adedapo Adesanya The Minister of Finance, Mr Wale Edun, has said the country’s Economic Management Team (EMT) would meet to assess the likely impact of the 14 per cent tariff on goods exporte...
Libya and Greece discussed mechanisms to activate the memorandum of understanding signed between the Libyan Investment Authority and Enterprise Greece in 2021 on renewable energy projects in Libya....
The Acting Chairman of Libya’s National Oil Corporation (NOC), Masoud Suleiman Mousa, launched the Third Phase of the Public Tender Round in London yesterday to grant investment licenses to intern...
Tải App FIVE88 – một ứng dụng giải trí đang thu hút sự quan tâm của nhiều người yêu th...
Libya and Tunisia agreed to develop cooperation in the field of training and vocational training, by transferring Tunisian expertise to Libya in the areas needed by the Libyan labour market. The...
Monetary Policy Committee meets today to deliberate on key lending rate. CBK has previously denied claims of shoring up the shilling against the dollar....
Sanlam Kenya chairman John Simba said the Sh2.5 billion rights issue will enable the company to recapitalise its balance sheet by settling a loan facility from Stanbic Bank Kenya....
The EU’s Civil Protection Mechanism reported yesterday that, in response to Libya’s request for assistance, its team of experts from Finland, Estonia and Malta are offering support – both remotely...
On Tuesday the euro was last up 0.3% at $1.0931, down from an earlier rise of more than 0.7%...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.08 per cent on Monday, April 7, as the global market meltdown takes its toll on the local economy. During the first tr...
By Modupe Gbadeyanka A veteran bank and founder of the defunct Diamond Bank Plc, Mr Pascal Gabriel Dozie, has died at the age of 85. The former chairman of MTN Nigeria, a leading telecommunications fi...
By Adedapo Adesanya The Naira experienced a significant decline against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, April 7, amid a wider roil caused by tariffs...
The American Chamber of Commerce in Libya (AmCham Libya) hosted a U.S. – Libya Executive Business Roundtable at the U.S. Chamber offices in Washington DC last Thursday (3 April), Debbie Hirst, AmCh...