By Adedapo Adesanya The MTN Group expects its Nigerian subsidiary, MTN Nigeria Plc, to witness a significant increase in revenue after the federal government, through the Nigerian Communications Commi...
When businesses focus on "dead horses," they miss out on opportunities to innovate, grow, and improve, leading to erosion in market share and their competitive edge....
Respondents expect the economy to grow by 1.2% this year....
By Dalip Jaggi Launching a real estate tech startup requires a lot of focus. But at its core, the primary goal is to eliminate pain points commonly seen in the industry. Unfortunately, the process of...
By Adedapo Adesanya The Nigeria Employers’ Consultative Association (NECA) has condemned the Financial Reporting Council of Nigeria over the imposition of high annual dues on private and non-quoted co...
By Modupe Gbadeyanka As part of its commitment to deliver quality service to customers, Rand Merchant Bank (RMB) has finally embraced the trade finance software of Union Systems Limited (USL), Kachasi...
By Adedapo Adesanya The Dangote oil refinery has commenced operating its polypropylene facility in Lagos. Polypropylene is a thermoplastic polymer that is commonly used in plastic packaging, textiles,...
The Attorney General’s Office reported today that Misrata Criminal Court has convicted four Passports Department officers in Misrata for their involvement in forging official documents and counterf...
Small-holder tea growers affiliated with KTDA last week received Sh1.39 billion from the sale of 5.4 million kilogrammes of tea at the Mombasa auction....
More than R250 000 Ithala clients have not been able to withdraw or deposit funds since January....
By Adedapo Adesanya The candidate of the Peoples Democratic Party (PDP) in the 2023 governorship election in Lagos State, Mr Olajide Adediran, popularly known as Jandor, has announced his return to th...
The trade mission aims to enhance trade, investment, and economic diplomacy between the two nations, strengthening bilateral economic and diplomatic relations....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 6.65 per cent loss in Week 11 of 2025 trading year, the first decline it was posting in the last seven weeks. In the...
By Modupe Gbadeyanka The Rivers State House of Assembly may have commenced the process of removing Governor Siminalayi Fubara from office. This is because the legislative arm of government in the stat...
More than 3,000 residents of Denyenye in Matuga sub-county, Kwale county, are embroiled in a land tussle with Bamburi Portland Cement....
AIM Congress will conduct meetings delving into pressing economic issues, investment opportunities, and sustainable growth. Delegates to learn from dedicated...
By Aduragbemi Omiyale The Securities and Exchange Commission (SEC) has issued an operating licence to a Nigerian financial technology (fintech) firm, Sycamore, with over N10 billion in assets under ma...
By Dipo Olowookere Plans by the board of carry out a debt-to-equity conversion exercise have again been frustrated by minority shareholders. In a notice to the Nigerian Exchange (NGX) Limited over the...
By Adedapo Adesanya Nigerian non-interest bank, TAJBank, is finalising arrangements to raise the sum of N20 billion Mudarabah Sukuk to beef up its additional tier 1 capital with the aim of fueling its...
Uganda’s booming second-hand clothing market supports thousands of livelihoods but generates massive textile waste, with up to 48 tonnes discarded daily, most of it ending up in landf...
By Kestér Kenn Klomegâh South Africa, for the first time, heads the G20, a multilateral organization, and it is taking pecuniary measures to balance the heightening complexities around the world. With...
By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has sued the Senate and its President, Mr Godswill Akpabio, for not lifting the suspension of Senator Natasha Akpoti-Ud...
In Hollywood, reputation is everything, and for entertainment lawyer Ted Black, keeping the biggest names in showbiz out of trouble is his full-time job. Suits LA takes the high-stakes legal drama of...
By Dipo Olowookere Last week, investors bought and sold 3.281 billion shares worth N63.517 billion in 60,782 deals compared with the 1.818 billion shares valued at N47.226 billion transacted in 64,222...
By Adedapo Adesanya Nigeria was exempted from a provisional list of 43 countries that the United States, under the administration of President Donald Trump, is mulling a new travel ban for their citiz...
Hotels and gaming group Sun International has hiked its final dividend by 10%, boosted by a record performance for online sports betting business, SunBet, as well as a relatively better showing from i...
Since January 16, over 250 000 Ithala clients have not been able to withdraw or deposit funds....
RIYADH, SAUDI ARABIA – Media OutReach Newswire – 16 March 2025 – Sahm Capital is excited to announce its official membership in the Arab Federation of Capital Markets (AFCM), further...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 17 March 2025 – Ramadan is the ninth month of the Islamic calendar, a festive time marked by family gatherings, communal bonding, a...
Entries received for “New Places in Edo/Tokyo in metaverse” TOKYO, JAPAN – Media OutReach Newswire – 17 March 2025 – From Wednesday, December 25, 2024 through Friday, January 10, 202...
RBA wants umbrella schemes and individual benefit schemes to concentrate their investments in tradable assets. It also seeks to lock pension contributions up to 50 years....
More than 30,000 Saccos could soon launch an inter-lending facility, following the cabinet's recent approval of a framework for a multi-billion Central Liquidity Facility....
BARSA and other stakeholders in the aviation sector have committed to grow the industry....
Libya’s state National Oil Corporation reported yesterday that Sirte Oil and Gas Company has completed drilling operations at the horizontal development well J5-H in the Matkhandoush field. This pr...
The Attorney General’s Office reported today that the Tripoli based Minister of Education has been imprisoned for three years and six months for corrupt contracting procedures for the printing and...
The Tripoli based Libyan government announced last Friday (14 March) that concrete foundation works for the first phase of the 28-storey Conference Palace Tower project’s Southern Tower in Tripoli...
It isn’t a good idea to be guessing about what will happen should you die....
Recently, KRA reported that the value of smuggled and counterfeit goods seized at Kenya's entry points reached Sh243.5 million in 2024 from Sh200 million in 2023....
Mark* thought he was booking a stay at Mount Grace Hotel & Spa in Magaliesburg directly but unknowingly used a third-party site, which added an extra night to his reservation. Wendy Knowler took up hi...
Market cycles show predicting winners, especially when consensus is as extreme as it is now, is risky....
Several companies have come together to deliver a new fleet of 69 vehicles for oil marketer Vivo Energy Kenya, the distributor of Shell products....
Residents have welcomed provincial government's efforts to revive their chicken hatchery project....
Bracket creep is a term that is used to describe an increase in taxes that occurs when the marginal tax brackets are not adjusted annually for inflation....
The global health financing system is failing Africa, leaving its health systems fragile and overly dependent on external aid, writes Selemo Nkwe....
VBS was declared insolvent in 2018 and placed under curatorship....
After telling his local supermarkets for months that their lean beef mince was not at all lean, to no avail, a Cape Town man asked government officials to buy samples and analyse their fat content. Th...
A new study by researchers has found that brown locusts are carriers of harmful yeasts that can cause infections in humans....
R7.5 billion has been allocated towards capacity building at SARS. If Commissioner Kieswetter is right, SA should see the benefits soon. But there is a very narrow window for execution, writes Khaya S...
Experts say that the decision to host RSF is damaging Ruto's credentials on international relations by appearing to promote rebellion dissidence in sister republics....
Relive 15 Greatest WrestleMania Title Matches on GOtv WrestleMania has always been the biggest stage of them all. It is where legends are made and dreams are realised. Over the last 15 years, WWE has...
Title-chasing Arsenal will, on Sunday, host London rivals, Chelsea, in a Premier League clash of huge importance to both teams. The match, which kicks off at 2.30 PM, is available for live streaming o...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered a 0.25 per cent hair cut on Friday after investors offloaded some stocks, including Tantalizers, which topped the losers’ chart. The com...
By Adedapo Adesanya The Naira recorded its first gain against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) this week on Friday, March 14, firming up by 1.19 per...
By Adedapo Adesanya There was a 0.6 per cent decline at NASD Over-the-Counter (OTC) Securities Exchange on Friday, March 14, with the Unlisted Security Index (NSI) dropping 20.44 points to close at 3,...
By Adedapo Adesanya Crude oil went up by about 1 per cent on Friday as investors considered the prospects of an end to the three-year Russia-Ukraine war, which could bring back more Russian energy sup...
A new report has revealed that most Kenyans are not saving for retirement due to high cost of living....
Consumer Goods and Services Ombud says efforts are being made to protect consumers....
Macadamia farmers urged to deliver mature, high-quality nuts to collection centers nationwide as harvesting underway, MACNUT warns against accepting payments below Sh100 per kg....
Godongwana tabled the 2025 budget in the National Assembly on Wednesday....
Eskom has announced that it will release its winter plan in the coming weeks....
Saudi Arabia’s Neom futuristic city estimated to costs in excess of $8.8 trillion. Neom features a floating industrial complex, global trade hub, touri...
HANOI, VIETNAM – Media OutReach Newswire – 14 March 2025 – KVB emerged as the ultimate winner of the prestigious Most Popular Broker 2024 award presented by Followme, after breaking throug...
HONG KONG SAR – Media OutReach Newswire – 14 March 2025 – UU Wallet, a leading global Web3 payment platform, recently announced that it has officially obtained the Money Services Bus...
Kenyan tea traders are counting huge losses following the ban on imports by Sudanese authorities....
SAMATU has been very vocal on the unemployment in healthcare....
The 48-month agreement also involves Caetano Kenya, which will manage vehicle maintenance; Stanbic Bank, the financing partner; and Heritage Insurance, which will provide coverage for the fleet....
Sudan suspends importation of all products from Kenya effective immediately, in protest of Nairobi's decision to host RSF, Trade Minister Omar Mohamed says....
By Anastasia Chabaniuk The crypto landscape is increasingly cluttered with airdrops, but Nodepay’s approach appears more calculated than most. By integrating with major exchanges like OKX and of...
By Modupe Gbadeyanka The Rivers State House of Assembly has adjourned its legislative duties indefinitely, frustrating the re-presentation of the 2025 budget by Governor Siminalayi Fubara. Recall that...
By Kestér Kenn Klomegâh An initiative, designed to foster a strategic collaboration between educational institutions from Russia and Africa, is set to bring together exceptional young professionals in...
Libya and Austria discussed the possibility of holding an economic forum. The matter arose during a meeting yesterday between the Director of the International Cooperation Department at the Tripoli...
Kenya Revenue Authority (KRA) has set up three trade facilitation centres in the northern region to boost trade between the neighbouring countries....
Godongwana announced an addition of R28.9 billion to the health budget....
Kenya Revenue Authority (KRA) has set up three trade facilitation centres in the northern region to boost trade between the neighbouring countries....
The Libyan Business Council (LBC) will lead a trade delegation to the 4th Arab British Economic Summit and Expo 2025 to be held in London on 23 June. The event will include within it “The Sec...
Fuel prices remain unchanged in latest EPRA review; Petrol to retail at Sh176.58, Diesel at Sh167.06 and Kerosene at Sh151.39 per litre in Nairobi....
Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, followed up on the upcoming opening of a British visa issuance centre in Tripoli, after more than 10 years of hiatus, with the aim of fac...
Fuel prices remain unchanged in latest EPRA review; Petrol to retail at Sh176.58, Diesel at Sh167.06 and Kerosene at Sh151.39 per litre in Nairobi....
By Adedapo Adesanya Savannah Energy Plc, a British independent energy company, has announced the completion of its acquisition of Sinopec International Petroleum Exploration and Production Company Nig...
Libya will not be a home for illegal migrants, and it is not Europe’s security guard. The statement was made by Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, yesterday at an expande...
Godongwana told MPs that the VAT increase is necessitated by the need to improve social services...
By Aduragbemi Omiyale No fewer than one million bags of rice weighing 10kg each will be distributed in the 774 local government areas of Nigeria by the Aliko Dangote Foundation. The organisation made...
By Modupe Gbadeyanka A working capital lender, Zvilo, has appointed a former employee of British International Investment (BII), Mr Admir Imami, as its new full-time chief executive. Mr Imami was the...
A new Nollywood short film, Amira, is set to confront the realities of Female Genital Mutilation (FGM), a practice that continues to affect millions of women and girls worldwide. With some of Nigeria’...
In the past year, ChatGPT developed by OpenAI has had great success in the Artificial intelligence (AI) space but that has come at a cost of over $5 billion (Sh645 billion)....
Across the globe, digital transformation has revolutionised industries and businesses. Technology is ever-evolving and with it the digital landscape....
There were 22.71 million internet users in Kenya at the start of 2024, with internet penetration standing at 40.8 per cent, according to new official data....
By Adedapo Adesanya Renaissance Africa Energy has finally completed the acquisition of the entire 100 per cent equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This is accordin...
Since January, GOtv has been talking about the Step Up offer, but let’s be honest, most people just hear “Upgrade and get more channels” and keep it moving. Sounds nice, but what does it actually mean...
By Ahmad Dambazau The National Assembly is a constitutional locomotive for any purposeful democratic government, it provides checks to the government of the day and a legal basis for the system in gen...
AI is no longer a buzzword but a technology tool that will take away some jobs and create others....
By Adedapo Adesanya The Naira closed flat against the Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, March 13 at N1,540.68/$1, though FX pressure remained. It was the f...
By Adedapo Adesanya For the second consecutive session, FrieslandCampina Wamco Nigeria Plc plunged the NASD Over-the-Counter (OTC) Securities Exchange by 0.04 per cent on Thursday, March 13. The milk...
Finance Minister Enoch Godongwana appears before Parliament's finance-related committees....
Tanzania to import 100MW of electricity from Ethiopia via Kenya. Regional power pools enhance power trade and reliability. Power tr...
VAT zero-rate items include chicken feet, organ meats, canned vegetables and dairy liquid blends....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded by 0.12 per cent on Thursday on the back of a renewed bargain-hunting by investors. The bourse closed higher during the session despite...
By Adedapo Adesanya Oil prices fell by over 1 per cent on Thursday as markets weighed macroeconomic concerns from the United States as well as other countries, with Brent futures losing $1.07 or 1.5 p...
It’s news of joy learning that Nigeria’s betting market is doing great at different levels. The intense passion for sports, particularly soccer, coupled with the desire of the majority of the young po...
By Adedapo Adesanya On Thursday, the House of Representatives rejected changes to consumption and company taxes that President Bola Tinubu had proposed in the controversial tax bills as it adopted the...