State urged to regulate scrap metal importation
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....
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....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further depreciated by 1.23 per cent on Monday following persistent selling pressure amid global financial markets crisis. All the major key sect...
By Adedapo Adesanya Oil prices slid by 2 per cent on worries that the US President Donald Trump’s latest trade tariffs could push economies around the world into recession and reduce global dema...
Toby Chance says they are concerned about the deteriorating situation at the Bureau...
Global shares have plummeted since Trump announced tariffs last week...
Kenyan fintech firm Tala has been recognised as the Best Digital Credit Provider in Risk Management at the inaugural Think Business Digital Lenders Awards 2025, the company said on Monday. 2...
Traditionally limited to informal savings groups, women are now thriving in financial markets, building wealth and driving economic growth....
Chaoyang, Beijing: Where Urban Vibrancy Meets Floral Splendor BEIJING, CHINA – Media OutReach Newswire – 7 April 2025 – A floral symphony is unfolding across Chaoyang District, trans...
New global thought leadership series spotlighting the HKSTP I&T powerhouse, uniting its soft power of visionaries to rally the world to keep up with Hong Kong’s innovation HONG KONG SAR – Me...
Coliwoo is a leading co-living space provider in Singapore, offering flexible rental solutions with fully furnished units, communal facilities, and a community-focused living experience for profession...
SELANGOR, MALAYSIA – Media OutReach Newswire – 8 April 2025 – Coffex Coffee Malaysia and MONO Origine are proud to announce its signature event, Coffee, Planet and Us 2025, themed &#...
Despite its vast potential, the sector's growth has been severely hampered by the combined effects of climate change and shortcomings in policy formulation and implementation....
KCB Group, the country's largest lender by assets, saw net loans and advances to customers fall by Sh99 billion in the 2024 financial year, a 10 per cent drop compared to 2023....
A statement from KTDA said these six operational power plants generated 3.28 MKWhrs in February 2025, and 4.33 MKWhrs in March 2025....
Christened RE-GAIN, the initiative is expected to support and drive adoption of food loss solutions across the continent....
The latest data shows 7,369 people lost their livelihoods in 2023....
By Modupe Gbadeyanka A partnership aimed to strengthen product safety and compliance measures has been entered into between Temu and Eurofins Consumer Product Testing and Eurofins Assurance. As part o...
By Adedapo Adesanya The federal government has pledged to deliver the first batch of a promised three million electricity meters, amounting to 275,000 units, in the next two months. The move is part o...
By Modupe Gbadeyanka Some food packs have been distributed to residents of the Federal Capital Territory (FCT) Abuja recently by Fidelity Bank Plc as part of its Corporate Social Responsibility (CSR)...
AIM Congress 2025 has opened in Abu Dhabi with strong call for global investment, sustainability, and innovation. AIM 2025 continues throughout the week, bri...
Aduragbemi Omiyale A Nigerian-based investment banking and advisory company, PAC Capital Limited, has promised transformative financial solutions that not only meet but exceed expectations of its clie...
By Adedapo Adesanya Berkeley-based startup, SigIQ.ai, has emerged from 18 months of stealth with $9.5 million in funding to transform education through personalized AI tutoring that delivers elite-lev...
By Adedapo Adesanya The chief executive of Ecobank Transnational Incorporated, Mr. Jeremy Awori, has called for an increase in intra-trade among African countries in response to recent tariff announce...
The rand briefly plummeted to a record low of R25 against the British Pound earlier in the day....
KTDA Power Company Limited, a subsidiary of Kenya Tea Development Agency (KTDA), has reported a 32 per cent surge in electricity production from its operational hydropower projects....
Minister Parks Tau has launched an investigation into corruption at SABS...
India's Adani Group said on Monday it had opened an $800 million container terminal in Sri Lanka....
Labour and Social Protection Cabinet Secretary Alfred Mutua said Kenyans have developed a habit of dependence on their children for sustenance, once they grow old...
Kenya Association of Manufacturers wants the government to do away with the two per cent withholding Value Added Tax (VAT) to improve liquidity in their businesses....
By Aduragbemi Omiyale Data from the Debt Management Office (DMO) showed that the Nigerian government used about N13.12 trillion to service the various debts in 2024. Business Post reports that this wa...
By Adedapo Adesanya The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) of Nigerian National Petroleum Com...
Italian airline ITA will launch a new route between Tripoli and Milan ”soon”, Undersecretary of the Ministry of Transportation Wissam Al-Idrissi for was quoted as saying by Libyan onli...
The latest data from Eskom shows they ramped up their use of open cycle gas turbines....
Libya’s Medsky airlines inaugurated its flight between Tripoli’s Mitiga airport and Milan Malpensa yesterday. The route will be serviced biweekly, flying once every Friday and once every Sunday. Th...
The Tripoli based Libyan government issued a statement yesterday blaming the eastern based ‘‘parallel’’ Libyan government’s unaccountable spending for the weakness of the Libyan dinar’s foreign exc...
By Adedapo Adesanya African telecommunications giant, MTN Group, may be foraying into the streaming landscape as part of plans to expand its footprint. The company planning to develop a new video stre...
By Modupe Gbadeyanka The second edition of Oja Oge by Ecobank Nigeria Limited will attract more than 100 exhibitors, who will showcase their products to potential customers. The 3-day fashion, beauty,...
By Kestér Kenn Klomegâh Moscow is increasingly becoming popular among foreigners due to multiple reasons among them is its fashionable architecture and friendly people. Moscow’s architecture is...
The Governor of the Central Bank of Libya (CBL), Nji Issa, issued a statement yesterday hours before announcing a 13.3 percent devaluation of the Libyan dinar. In summary, the Governor said the exp...
By Adedapo Adesanya The market capitalisation of the NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.44 per cent or N3.87 billion decline to close at N1.911 trillion in the 14th trading w...
The Central Bank of Libya announced yesterday, by virtue of its Board of Directors Resolution No. (18) of 2025, the devaluation of the Libyan dinar against foreign currencies by 13.3 percent As a...
World markets crashed on Monday with Asia leading the rout, as US President Donald Trump held firm on his swingeing tariffs despite China retaliating and global recession warnings growing louder....
GDP Global and DAJANI Consulting hosted the workshop “How to Implement a Municipal Investment Promotion Plan”, guiding participants through the development of strategic frameworks to...
By Dipo Olowookere The shares of Med-View Airline Plc, Capital Oil Plc, and Goldlink Insurance Plc have been delisted from the trading platform of the Nigerian Exchange (NGX) Limited. This action foll...
By Timi Olubiyi, PhD Internet users are growing at an unprecedented rate, and in Nigeria, for instance, internet users have expressed concerns and frustration over the data price increase in recent ti...
By Dipo Olowookere Investors bought and sold 1.183 billion stocks worth N28.868 billion in 42,397 deals on the floor of the Nigerian Exchange (NGX) Limited last week compared with the 7.521 billion st...
By Adedapo Adesanya Nigeria will focus on economic resilience and accelerating export diversification, the Minister of Industry, Trade and Investment, Mrs Jumoke Oduwole, said in response to the Unit...
HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – Huatai Securities recently hosted a FinTech knowledge-sharing session with the Hong Kong Securities and Futures Commission (...
Adds delivery locations in Davao, Manila and Taipei Eyes opportunities to support foundation model and autonomous vehicle companies SINGAPORE – Media OutReach Newswire – 7 April 2025 – TDC...
Expanding Regional Expertise and Localized Solutions to Meet the Growing Demands of Asia-Pacific Healthcare. CRANSTON, RHODE ISLAND US – Media OutReach Newswire – 7 April 2025 – Nelipak® C...
The three firms will lower the freight and premium cost by between six and 13 per cent up to 2027....
Ramaphosa has added that although it's unlikely that Treasury will be scrapping the VAT increase....
Kenya is positioning itself to become Africa's leading hub for artificial intelligence (AI) model innovation, with a vision focused on sustainable development, economic growth, and social inclusion....
Members of the business sector wrote a letter to both Ramaphosa and DA leader John Steenhuisen....
The emergence of bancassurance has proven to be a critical factor in increasing insurance penetration in Kenya, a sector that has traditionally struggled to reach a broad audience...
CODI has a coverage limit of up to R100 000 and has been running for more than a full year now...
By Modupe Gbadeyanka A former governor of Oyo State, Mr Victor Omololu Olunloyo, has died some days to his 90th birthday, precisely April 14, 2025. He was said to have breathed his last in the early h...
The Free State Development Corporation cracking down on rent and business loan defaulters....
The resurgence of illegal refilling of gas cylinders has made firms wary of putting out more of their equipment....
Treasury CS John Mbadi claimed past loans taken to implement long-term development projects had strained the country, but the results would be felt after 30 years....
HONG KONG SAR – Media OutReach Newswire – 6 April 2025 – Associate Director-General of Investment Promotion at Invest Hong Kong (InvestHK) Mr Charles Ng will commence his duty visit...
By Dipo Olowookere About $197.71 million has been injected into the foreign exchange (FX) market by the Central Bank of Nigeria (CBN) to boost liquidity. This intervention by the apex bank is expected...
By Dipo Olowookere The Debt Management Office (DMO) has revealed that the total public debt stock of Nigeria increased by 48.58 per cent or N47.32 trillion to N144.67 trillion ($94.23 billion) as of D...
The US has imposed tariffs on more than 180 countries....
By Modupe Gbadeyanka One Mr Igboezue Emeka has been convicted and sentenced to one month imprisonment for money laundering by Justice A.O. Owoeye of the Federal High Court in Ikoyi, Lagos. He was ask...
The web is developing at a frantic rate, fueled by the most recent artificial intelligence advancements. Among the most exciting of developments in this regard is Character AI, a development that allo...
By Modupe Gbadeyanka President Bola Tinubu has appointed Mr Nasir Naeem Abdulsalam as the Managing Director of the Ajaokuta Steel Company, Kogi State. A statement from Mr Segun Imohiosen, the Director...
A new Constitutional Court judgement provides interesting reading for legal scholars, but it has unfortunately created widespread confusion the law on dismissal after retirement. Jan Truter and Barney...
US has a trade surplus from export of services which experts say are now vulnerable to global tariffs....
Northern Cape municipalities are violating the Pension Fund Act by withholding third-party payments....
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, as it considers how to mitigate the cost of President Donald Trump's 25% tariff, according to a report...
The government has launched an exercise to map, geo-locate industries, and develop a database and directory....
China said on Saturday "the market has spoken" in rejecting U.S. President Donald Trump's tariffs, and called on Washington for "equal-footed consultation" after global markets plunged in reaction to...
The new US trade tariffs vary wildly between southern African countries — from 10% in Eswatini to 50% in Lesotho....
The sweeping 31% tariff measures will affect several industries across South Africa, including automotive industry, agriculture, processed food and beverage, chemical, and metals.</st...
In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it....
Cybercriminals never rest and one of the easiest ways for them to get your money is by getting past your password and into your account....
By Aduragbemi Omiyale The chief executive of SAO Group, Mr Ayo Sotirin, has been appointed by President Bola Tinubu as the Managing Director of the Bank of Agriculture (BoA). A statement from the Spec...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited ended Friday’s trading session lower with a marginal decline of 0.01 per cent as a result of continued market volatility. Customs Street was down...
By Adedapo Adesanya The duo of FrieslandCampina Wamco Nigeria Plc and Food Concepts Plc weakened the NASD Over-the-Counter (OTC) Securities Exchange by 0.21 per cent on Friday, April 4. FrieslandCampi...
If you receive an income above a certain amount, it will be taxed, but there are a few tax-relief measures available to retirees. Ensure that when you retire, you make the most of these and plan your...
Khan anticipates investors will adopt a "wait and see" approach...
The 10-year plan aims to construct 14 000 km of transmission lines through PPP....
By Adedapo Adesanya The Naira extended its loss against the United States Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) by 1.45 per cent or N22.49 on Friday, April 4. Data from the...
By Kestér Kenn Klomegâh After taking office early 2025, U.S. President Donald Trump has embarked on rewriting American foreign policy and plans to create a new geopolitical history under the “America...
By Adedapo Adesanya Crude oil prices plunged by 7 per cent on Friday as China ramped up tariffs on US imports, escalating a trade war that has led investors to believe a recession is near. This brough...
Wall Street stocks suffered another bruising sell-off Friday as major indices slumped more than 5% following President Donald Trump's aggressive tariff policies....
SARS makes provisions to go ahead with the 0.5% VAT increase on May 1....
Trump introduced additional 34% tariffs on Chinese goods as part of steep levies...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 April 2025 – Octa, a global broker since 2011, recently received the FXDailyInfo award as ‘The Most Innovative Broker 2025&...
MIAMI, USA – Media OutReach Newswire – 4 April 2025 – Bigo Live’s Harmony Showdown talent competition will come to a thrilling conclusion on April 9, 2025, at BIGO Fest: Miami...
Elevate Corporate Team-Building Events with Fun and Engaging Carnival Activities SINGAPORE – Media OutReach Newswire – 5 April 2025 – Ditch the dull boardroom activities—The Carnival...
Kenya's private sector activity registered growth in March, but it was also marked by a deterioration in confidence among businesses, which dropped to its lowest level in a decade....
By Modupe Gbadeyanka The new chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bayo Ojulari, has promised to consolidate on the legacy and achievements of his predecessor,...
By Aduragbemi Omiyale Some persons living around the Ibese Plant of Dangote Cement Plc have been equipped with some skills that could make them stand on their own and contribute to the economic develo...
Africa’s creative landscape is transforming, driven by the dynamic voices of Generation Z. This tech-savvy, socially conscious, and unapologetically authentic generation are not just consuming content...
ANC Secretary General Fikile Mbalula says the ball is in the DA's court....
By Adedapo Adesanya Nigeria’s first-ever domestic US Dollar bond has been named as the West Africa Deal of the Year at the 2025 Global Banking & Markets Africa Awards, following a highly successfu...
By Kenechukwu Aguolu As the year 2027 draws closer, political manoeuvrings and calculations are already underway across Nigeria. The landscape is expected to shift, with new alliances and coalitions f...
By Adedapo Adesanya The Director-General of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala, has said the recent tariffs announced by the United States would have substantial implications...