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....
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...
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...
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...
By Adedapo Adesanya Nigeria’s crude oil output recorded a 9,9 per cent growth to 1.71 million barrels per day in July 2025, according to statistics from the Nigerian Upstream Petroleum Regulatory Comm...
By recalibrating supply chains, countries grappling with U.S. tariffs hit can transition beyond exporting raw materials to manufacturing value-added goods, potentially giving rise to...
Gaza now is the most lethal assignment in modern journalism. At least 197 journalists and media workers have been killed since October 2023, often while reporting on the aftermath...
Numsa says Macsteel retrenched workers and pressured them to accept voluntary severance packages....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.25 per cent on Monday, August 22, spurring the market capitalisation growing by N6.84 billion to N2.184 trillion from...
By Adedapo Adesanya The Naira traded at N1,536.51/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, August 25 compared with the N1,536.51/$1 it was traded last Friday after it d...
By Dipo Olowookere Investors were upbeat about the local stock market on Monday, resulting in a 0.31 per cent growth recorded at the close of transactions. It was the second straight win for the Niger...
EUBAM Libya announced yesterday that it has enhanced Libya’s capacity to counter illicit trafficking by training 30 officers from the Narcotics and Psychotropic Drugs Control Agency and the Libyan...
By Adedapo Adesanya Crude oil gained about $1 on Monday as traders anticipated more US sanctions on Russian oil and Ukrainian attacks on Russian energy infrastructure that could disrupt supplies. Duri...
Toyota Libya announced last Sunday (24 August) that it had started training eight Libyan trainees in bodywork and painting. The training will take place at its Misrata Free Zone headquarters as par...
Mayor says the municipality wants to attract investors for its energy hub....
Kenya will introduce a pump price model for liquefied petroleum gas (LPG), applying the state-controlled pricing mechanism for kerosene, petrol and diesel, to curb rising costs and boost adoption....
National Treasury Cabinet Secretary John Mbadi has defended President Ruto's administration, outlining how government economic policies have eased the cost of living in the country....
Peak in electricity demand poses challenges for Kenya, whose power production has not kept pace with the growth in demand....
MACAU SAR – Media OutReach Newswire – 25 August 2025 – Galaxy Macau™’s world-class Galaxy Arena is proud to announce the renewal of its three-year strategic partnership with TM...
Thailand’s newest global attraction elevates ICONSIAM’s standing as a premier Global Experiential Destination, offering fans rare access to exclusive collections and limited editions found nowhere els...
SHENZHEN, CHINA – Media OutReach Newswire – 25 August 2025 – Recently, Linklogis (9959.HK), a leading Chinese supply chain fintech service provider, announced a strategic partnership...
HONG KONG SAR – Media OutReach Newswire – 25 August 2025 – On August 25, 2025, Lens Technology (300433.SZ, 06613.HK) released its 2025 half-year financial report, highlighting robust...
TAIPEI, TAIWAN – Media OutReach Newswire – 26 August 2025 – CyCraft Technology, a leading AI-driven solution provider based in Taiwan, announces its partnership with Serbia-based DAR...
LONDON, UNITED KINGDOM – Media OutReach Newswire – 26 August 2025 – On 12 August 2025, De Beers Group, together with Angola’s national diamond company, Endiama, announced a sig...
Banks have taken a hit on their financials with reduced income charged on loans following the low interest regime that the Central Bank of Kenya (CBK) started in August 2024....
Kenya will introduce a pump price model for liquefied petroleum gas (LPG), applying the state-controlled pricing mechanism for kerosene, petrol and diesel, to curb rising costs and boost adoption....
The National Treasury insists that allocations for the year to the State agencies will be based on the robustness of their public participation engagement in the budgeting process....
By Adedapo Adesanya The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bashir Ojulari, has accused specialised international and continental gangs of stealing crude in N...
By Adedapo Adesanya One of Nigeria’s youngest banks, Premium Trust Bank, said it has met the N200 billion minimum capital requirement for commercial banks with national reach in the country. The...
Afriland Properties Plc has successfully paid an interim dividend of 13 Kobo per share, amounting to N178.6 million, to its shareholders for the half-year ended June 30, 2025. The chairman of the boar...
ACSA has more than doubled its profit after tax from R472-million to R1.1 billion...
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, chaired a meeting at his Tripoli Cabinet Office yesterday, with the attendance of Acting Minister of Economy and Trade, Suhail Abu Sheha,...
Libya’s Malta-based carrier, Medsky, announced yesterday that it will be launching a new direct route between Libya and Athens ‘‘soon’’. It did not reveal from which Libyan cities the flights will...
Growing agribusiness and small-scale trade in central Kenya are fueling new demand for financial services as farmers and entrepreneurs seek easier access to credit....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange bounced back to the green zone in the 34th trading week of 2025 after it closed higher by 1.45 per cent. During the week, the NA...
The Customs Authority announced last Thursday (21 August) the launch early next month of the full implementation of the Automated System for Customs Data (ASYCUDA) protocol. The Authority said the...
The Ministry of Labor and Rehabilitation announced in the first week of August that it is to hold the “Libya Experts Forum” which will act as a bridge between creative Libyan minds a...
Libya’s state National Oil Corporation (NOC) announced yesterday that, in partnership with the American company “Freedom First,” it is preparing to organize the first Libyan Ameri...
By Modupe Gbadeyanka No fewer than 253 Small and Medium Enterprises (SMEs) have undergone a training on exports in collaboration with the African Export-Import Bank (Afreximbank). The beneficiaries un...
By Adedapo Adesanya Dangote Petroleum Refinery has increased production to 610,000 barrels per day in August 2025, nearing its full capacity of 650,000 barrels per day. According to global energy and...
Africa is set to add 1.2 million barrels per day of new refining capacity by 2030 – driven by landmark projects across Nigeria, Angola and Uganda. These inve...
By Dipo Olowookere A total of 43 equities appreciated at the Nigerian Exchange (NGX) Limited last week compared with the 50 equities recorded in the previous week. In the five-day trading week, the bo...
Airports Company South Africa (ACSA) releases its Annual Financial Statements...
By Adedapo Adesanya The Coronation Infrastructure Fund (CIF), which made headlines in 2024 for achieving the largest capital raise in a Series I issuance for an infrastructure fund in Nigeria, has off...
By Aduragbemi Omiyale Shareholders of Presco Plc have given approval to the board of the company to raise fresh capital of up to N250 billion. The board was asked to source the funds “by way of rights...
The findings come despite women making up 53% of the adult population....
By Atiklit Atnafu Naramo Ethiopia, a nation with over 3,000 years of civilisation and home to more than 80 ethnic groups, is set to host the second Africa Climate Summit (ACS2) from September 8 to 10,...
Commercial banks have been criticised by CBK for keeping lending rates elevated, stifling borrowing even as inflation stabilises and the economy shows signs of resilience....
By Adedapo Adesanya The federal government is having discussions for a $238 million loan from the Japan International Cooperation Agency (JICA) to expand Nigeria’s national electricity grid network, e...
By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to stop the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) from impl...
Thoughtfully engineered with a motion-locking sway, elevated design, and naturally flame-resistant fabrics, the Tavo Shell blends safety, style, and serenity into one elegant, pet-ready sanctuary. SIN...
Honouring Tradition: The Noodle Craft That Started It All SINGAPORE – Media OutReach Newswire – 25 August 2025 – From humble Chinatown beginnings to global recognition, Woh Hup has b...
SINGAPORE – Media OutReach Newswire – 25 August 2025 – Agile Labs, a leading software innovation company, has announced the launch of Southeast Asia’s first AI Risk Matrix Asse...
SINGAPORE – Media OutReach Newswire – 25 August 2025 – The Institute of Singapore Chartered Accountants (ISCA) and Ernst & Young LLP (EY Singapore) have signed a three-year Memor...
SINGAPORE – Media OutReach Newswire – 25 August 2025 – Saint Clare School has launched a powerful new Learning Management System (LMS) designed to transform how teachers plan lessons...
Commercial banks have been criticised by CBK for keeping lending rates elevated, stifling borrowing even as inflation stabilises and the economy shows signs of resilience....
The Kenya Ports Authority (KPA) has received 10 new Rubber-Tyred Gantry (RTG) cranes as part of the ongoing agency's equipment modernisation programme....
A contract worth nearly R900 million was awarded to the French company, Idemia....
Eskom says its team has been working hard to stabilise the grid....
Kgalalelo says together, these municipalities have reduced their Eskom debt by over R354m...
Ship-to-ship operations will now be banned in marine protected areas and aquaculture zones....
TBK Chief Executive Willy Mutai said that in every 21,000 kilos being ferried to Mombasa, farmers lose Sh0.5 of their bonus to Mombasa County....
President William Ruto's cash-strapped administration has secured a vital endorsement after the global rating agency S&P upgraded Kenya's credit rating....
A boda boda rider is not just a transporter but a breadwinner. Yet predatory loans and harsh repossession cycles have trapped many....
Equity, KCB, I&M Group and Coop Bank have seen EA subsidiaries contribute more than a third to their earnings, despite domestic economy grappling with bad loans and market volatility....
BEIJING, CHINA – With an average elevation of over 4,000 meters, this region was once described as “the limit of human survival.” Yet on the “roof of the world,” China ca...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 23 August 2025 – YTL Cement, in partnership with The Edge, successfully concluded its third annual sustainable construction symposi...
FUJIAN, CHINA – Media OutReach Newswire – 23 August 2025 – On August 16, 2025, in Hanoi, Vietnam, Chinese maternal and infant brand BB Kitty ushered in a significant moment – the gra...
By Aduragbemi Omiyale The sum of N2.001 trillion has been disbursed to the federal government, the 36 state governments, and the 774 local councils as allocation for August 2025 from the N3.836 trilli...
By Adedapo Adesanya The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public warning regarding the circulation of counterfeit Cowbell 12g sachets across Nigeria. T...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded by 0.48 per cent on Friday after enduring a run of losses in the past few trading sessions due to profit-taking. Yesterday, traders pic...
By Blaise Udunze When the Nigerian government scrapped the decades-old fuel subsidy in 2023, it promised relief for the nation’s bleeding finances. Nearly $10 billion was to be freed up annually, and...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange lost 0.02 per cent on Friday, August 22 after recording two price losers and a solitary price gainer. Data from the platform sho...
By Adedapo Adesanya The Naira appreciated against the US Dollar by 81 Kobo or 0.1 per cent in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, August 22 to close at N1,535.08/$1 comp...
Key stakeholders at the Port of Mombasa have lauded the Kenya Ports Authority's (KPA) notice to remove long-stay containers and condemned cargo from the port premises....
Lobby cites operational challenges posed by the multiplicity of regulatory requirements, especially on data management....
By Adedapo Adesanya Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine as Brent crude gained 6 cents or 0.09 per cent to close at $67.73 per b...
Most poultry producers in Kenya have not invested much in new chicken processing technologies, which are more efficient and ensure food safety for consumers....
Leveraging B2C and B2B Synergies to Capitalize on the Global K-Beauty Boom Results Highlights Revenue rose by 49.3% to US$243.93 million. Operating profit increased by 31.9% to US$18.68 million. Net p...
The gathering is discussing a regulatory policy framework for pesticides....
Responding yesterday to UNSMIL head and Special Representative of the Secretary-General for Libya, Hanna S. Tetteh’s remarks to the Security Council on the same day, Tripoli based Libyan Prime Mini...
The Attorney General’s Office reported yesterday that the Public Prosecution has ordered the detention of eighteen defendants involved in fuel smuggling gangs to neighbouring countries. It reported...
In her remarks to the Security Council yesterday, UNSMIL head and Special Representative of the Secretary-General for Libya, Hanna S. Tetteh announced the details of her new political Roadmap for L...
results show the leaves contain a large number of bioactive molecules that are very interesting....
The new football season has kicked off in style, and this weekend promises even more drama across England, Spain, and Italy. Fans are in for a feast of goals, rivalries, and fresh storylines, all live...
By Modupe Gbadeyanka To boost operation efficiency, Dangote Cement Plc has organised a training session for its truck drivers at an event tagged 2025 Annual Drivers’ Retreat. The training exerci...
By Aduragbemi Omiyale In a bid to provide cost-effective services to more people and deepen digital inclusion in key markets, including Mozambique, Tanzania and the Democratic Republic of Congo (DRC),...
By Modupe Gbadeyanka A new feature has been added to premium account holders of Spotify, allowing eligible users to customise their playlists with seamless transitions. The custom playlist transitions...
Kenya's largest telco Safaricom, has unveiled a new data package that will see customers access bundles based on time and not megabytes....
By Dipo Olowookere A high-performing broker, award-winning team leader, and respected mentor, Mr Julián David Londoño Franco, has been appointed to lead the operations of eXp Realty in Colombia. A sta...
By Adedapo Adesanya The Federal Ministry of Health and Social Welfare has launched a collaborative initiative to integrate sexual and reproductive health and rights (SRHR) with communicable disease in...
Weekends are made for relaxation, entertainment, and quality screen time with family and friends. Luckily, GOtv has lined up an exciting mix of blockbuster movies, thrilling series, and live reality T...
By Adedapo Adesanya The Nigeria Customs Service (NCS) has intensified efforts to advance the federal government’s trade reform agenda through closer collaboration with the Federal Inland Revenue Servi...
From Nollywood to Afrobeats to the influencer economy, Nigerian youth are redefining Africa’s digital landscape. Across film, music, and online media, a new generation of creators is building careers...
By Adedapo Adesanya The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has recommended that private operators handle a chunk of operations in order to drive efficiency in Ni...
By Kestér Kenn Klomegâh In an interview (Q&A) in mid-August 2025, Ms Tandiwe Thelma Mgxwati, Minister Plenipotentiary and Charge d’Affaires a.i. at the South African Embassy, discussed South...
Rights activists fault Uganda-U.S. deal on accepting deportees, asking: “Are they refugees or prisoners?” Human rights lawyer Nicholas Opio: R...
By Adedapo Adesanya The Nigerian Export Promotion Council (NEPC) has reiterated its commitment to standardising Nigeria’s solid minerals sector, with a renewed focus on formalising artisanal mining ac...
By Adedapo Adesanya A marginal loss of 0.02 per cent was recorded by the NASD Over-the-Counter (OTC) Securities Exchange on Thursday, August 21, with the pull back caused by the fall in the price of I...
By Bon Peters The Federal Operations Unit Zone C of the Nigeria Customs Service (NCS) in Owerri, Imo State, has intercepted contraband and unregistered products with a Duty Paid Value (DPV) of over N5...