Stock markets traded in a narrow range Tuesday and oil prices dipped after US President Trump held what he called "very good" talks with Ukrainian and European leaders on ending the war....
Competition Commission appeals alleged rand manipulation...
Authorities in Burkina Faso have kicked out UN diplomat saying they were not briefed on the outcomes of “Children and Armed Conflict in Burkana Faso” report....
The Libyan Authority for Scientific Research announced last Sunday (17 August) the imminent launch of the new Libyan Artificial Intelligence system, “LibiGPT”. Developed by one of its l...
The US Justice Department to investigate MTN’s operations in Afghanistan and Iran....
The General Authority for Communications and Informatics agreed on a draft MoU with the Joint Higher Committee for the Libya-Africa Transit Corridors Project. The agreement was concluded during a m...
The institutions approaching the court include FirstRand and Standard Bank among others....
By Adedapo Adesanya The Naira started the fresh week at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on a negative note on Monday as its value depreciated against the United States Dollar....
Libya’s state National Oil Corporation (NOC) discussed the results of the study conducted by US company Honeywell UOP (Universal Oil Products) on the economic feasibility of developing the Zawia Oi...
By Adedapo Adesanya Oil prices appreciated by 1 per cent on Monday after fresh talks between US President Donald Trump and his Ukrainian counterpart following an inconclusive US-Russia summit in Alask...
The International Organization for Migration (IOM) released yesterday its Libya – Climate Change, Food Security, and Migration Report (June 2025) report. The report highlights the complex and growi...
The Planning Ministry of the Tripoli based Libyan government is to hold a workshop on its ‘‘Libya Vision 2050’’ project at an unspecified date. The revelation came during the meeting of the Steeri...
The government is reconsidering its policy that guides approval of frequency applications by airlines to fly to Nairobi, a move that will see Kenya Airways face stiff competition....
The Bill will require state entities to employ workers to provide regularly required services....
The government is reconsidering its policy that guides approval of frequency applications by airlines to fly to Nairobi, a move that will see Kenya Airways face stiff competition....
The signing of seven MoUs in January by President William Ruto and UAE ruler Sheikh Mohammed bin Zayed Al Nahyan, has cleared the path for more economic and investment opportunities....
SINGAPORE – Media OutReach Newswire – 19 August 2025 – HMLY, an established provider of packaging and design as well as warehousing and storage solutions, has announced the renewal a...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 August 2025 – Malaysians use approximately 9 billion plastic bags every year, including trash bags that are difficult to fully decompo...
Millennials and Gen Zs lead the charge in proactive wealth planning; Gen Zs also have the highest expectations towards receiving an inheritance SINGAPORE – Media OutReach Newswire – 19 Aug...
SINGAPORE – Media OutReach Newswire – 19 August 2025 – Licensed moneylenders in Singapore often contend with an enduring set of negative stereotypes: predatory practices, exorbitant...
By Dipo Olowookere The bears lost the control of the Nigerian Exchange (NGX) Limited to the bulls on Monday on the back of renewed bargain-hunting by investors. The local stock market appreciated by 0...
By Adedapo Adesanya The Centre for the Promotion of Private Enterprise (CPPE) has warned that despite the recent cooling in headline inflation, there’s a need for cautious and sustained reforms....
Introduction to Stock Market Volatility No one does stock investing without understanding what volatility means. Stock Market volatility shows just how unpredictable the stock market really is. The hi...
I&M Group's profit before tax in the six months to June 30 grew by 34 per cent to Sh11.7 billion....
The mining sector, which had been in a free fall since 2022 posted a 10 per cent growth in the first quarter of this year, a sharp contrast to the successive contractions....
By Modupe Gbadeyanka From Friday, November 14 to Sunday, November 16, 2025, the Lagos Cultural Weekend will hold at iconic sites across the state, including the J. Randle Centre for Yoruba Culture and...
By Adedapo Adesanya The House of Representatives Ad hoc Committee on the Rehabilitation and Operationalisation of Baro Inland Port has decried the poor quality of work done at the facility. Mr Idris W...
By Adedapo Adesanya The Nigerian Insurers Association (NIA) has inaugurated its 2025 Innovation Lab, a facility designed to accelerate digital solutions and reshape insurance practice in the country....
DCI attached to Kenya Power arrests key suspect believed to be the mastermind behind illegal electricity connections in Igembe North and Igembe South, Meru County....
Mthenjane welcomes the criminalisation of illegal mining and the introduction of artisanal mining...
By Rachel Irvine Africa may not boast the largest economies or deepest pockets, but it has what many regions lack: energy, youth, abundance, and innovation. While the rest of the world gets older and...
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited, Sahara Group, and WAGL Energy Limited (formerly West African Gas) have announced an expansion of their joint venture fleet c...
Lufthansa International Consulting has been accredited by the Tripoli based Libyan government to oversee the establishment of a new state airline. The revelation was made during today’s Tripoli me...
By Adedapo Adesanya For the second consecutive month, Nigeria maintained its crude production quota of 1.5 million barrels per day in July 2025. According to the August 2025 Monthly Oil Market Report...
Experienced drivers are able to assess the condition of tires not only by how they feel on the steering wheel, but also by the sound the wheels make when they come into contact with the asphalt. At sp...
By Modupe Gbadeyanka For its consistent commitment to the highest levels of data privacy, security, and compliance, Access Bank Plc has been awarded the ISO/IEC 27701:2019 Certification for Privacy In...
By Adedapo Adesanya The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commenced the process for review of a new Revenue Allocation Formula (RAF) among the federal, states, and loca...
Ebuka did not come to play during the live eviction show last night. Aside from the obvious agenda, evicting at least two housemates, he had a hidden one: shaking tables and scattering the house dynam...
Subcontractors are accusing Tshwane Metro of not paying them for their work....
The Kenya Electricity Generating Company (KenGen) is in the process of exploring more geothermal fields in the country as electricity demand rises....
African heads of state will gather in Luanda from October 28-31 for a high-stakes summit aimed at closing the continent's $100 billion annual infrastructure funding gap....
In June, the company initiated a Section 189A process to restructure manufacturing operations in EC....
A growing financial crisis looms over millions of Kenyan households and the embattled economy, driven by a sharp, two-month drop in critical diaspora remittances....
Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange further depreciated by 1.84 per cent in the 33rd trading week of 2025 despite the addition of MRS Oil Nigeria Plc in the week, thou...
By Modupe Gbadeyanka Stanbic IBTC Bank has reiterated its commitment to inclusive growth, especially by providing support to female business owners because of their vital role in Nigeria’s economy. Th...
The UNDP announced that, in partnership with the Centre of Entrepreneurship and Innovation at the University of Tripoli, the Innovation Summer Season will start from today until 31 August at Tripol...
Brought into focus by last week’s fuel shortage crisis in Western Libya, the Attorney General reported yesterday that 86,000 litres of petrol and diesel were seized. The quantities were seized foll...
Numsa committed to securing a better retrenchment package for workers at Goodyear....
By Aduragbemi Omiyale In a bid to digitise Nigeria’s cultural heritage, the National Commission for Museums and Monuments (NCMM) has launched the country’s first digital museum of antiquities. This in...
By Adedapo Adesanya The presidential candidate of the Labour Party in the 2023 general elections, Mr Peter Obi, has decried Nigeria’s dwindling Foreign Direct Investment (FDI) inflows, warning poor le...
Government of Tanzania launches fund for NGOs. Tanzania NGOs urged to wean off donor dependency. NGOs encouraged to seek alternati...
By Dipo Olowookere Over the weekend in Lagos, Zenith Bank Plc rolled out drums for its pioneer customers and members of staff, who have served meritoriously for 25 years and above. The event, which pr...
By Adedapo Adesanya A social video intelligence platform, Dig, which gives enterprises the visibility and speed to detect and respond to fast-moving narratives across the most influential video platfo...
By Prince Charles Dickson PhD Nigeria, Africa’s most populous nation, holds two remarkable distinctions: it has both the highest number of Muslims on the continent and the largest population of Christ...
The United Nations Support Mission in Libya (UNSMIL) announced yesterday the results of its online survey, which was open for two months, on the four options proposed by the Advisory Committee to...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited posted a turnover of 8.564 billion shares worth N99.936 billion in 177,870 deals last week versus the 8.736 billion shares valued at N134.577 bil...
With Agentic AI, there will be significantly decreased need for travel to banking halls or to engage banking agents. Innovation signals that businesses must...
By Modupe Gbadeyanka A mobile platform tailored to transforms the way people learn to code by combining interactive challenges and real-time AI-powered feedback has been launched. The application, Efi...
By Adedapo Adesanya The Nigeria Liquefied Natural Gas Limited (NLNG) has called on the Nigerian National Petroleum Company (NNPC) Limited to promote deliberate investment in the gas sector to stabilis...
The Tripoli based Libyan General Authority for Communications and Informatics announced yesterday the suspension of all the activities of China’s Huawei in Libya for violating national and internat...
Many SMEs start by asking how to make customers choose their brand. But the real question is—if customers don’t like a brand, there’s no reason for them to choose it. KUALA LUMPUR, MALAYSI...
At least nine ships are scheduled to dock at the Lamu Port in August, signifying its growing importance in East Africa's seaborne trade as the region's small ports struggle with congestion....
The United Nations Support Mission in Libya (UNSMIL) today congratulated the citizens of 26 Libyan municipalities for the successful conduct of Municipal Council Elections today with a reported hig...
Over 14 counties will benefit from the Sh15 billion Kenya Off-Grid Solar Access Project, which aims to provide access to modern energy in low-density and underserved areas....
Small-scale tea holder factories earned Sh882.4 million from the sale of 3,543,878kg at the Mombasa Tea Auction....
Over 11 years after the project was first announced, Naji Issa, Governor of the Central Bank of Libya (CBL), inaugurated the CBL’s construction project for its new headquarters in the Gurji area o...
Coinciding with the recent fuel shortage crisis in Western Libya, and as part of the continuation of its wider anti-fuel smuggling campaign manifested in a series of raids, arrests and seizures, th...
The Financial Times (FT) will host the 12th edition of its Africa Summit from October 21-22, 2025 at The Peninsula, London....
Coinciding with a fuel shortage crisis in Western Libya and as part of its wider anti-fuel smuggling campaign manifested in a series of raids, arrests and seizures, the Attorney General’s Office re...
Libya’s Tripoli based Air Ambulance Service announced last Friday (15 August) the arrival of two ”state-of-the-art” Bell 429 helicopters. It said the helicopters are equipped with the l...
KTDA Power-run Nyambunde small hydropower plant in Kisii County has been connected to the national grid, earning extra revenue from the sale of excess power....
The devolution of critical functions such as agriculture, health and pre-primary education was meant to bring government closer to the people, empowering local leaders to effect change....
Iracemápolis, São Paulo – Media OutReach Newswire – 16 August 2025 – In the early hours of August 16 (Beijing time), GWM’s Brazil plant officially commenced operations, marked...
TAIPEI, TAIWAN – Media OutReach Newswire – 16 August 2025 – Lung cancer continues to be the leading cause of cancer-related deaths worldwide. Yet, progress is within reach. In Taiwan...
E Cape Agriculture MEC, Nonceba Kontsiwe recognized women at the Women's Entrepreneur Awards....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered a loss on Friday, the third consecutive day it was closing lower. It lost 0.46 per cent when trading activities ended yesterday. The dec...
Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell by 1.13 per cent on Friday, August 15 after recording three price gainers and three price gainers. During the trading day, the...
Sofax Fluorspar Kenya signed an MoU with China's Mizztech Group on Thursday to refurbish its Kerio Valley processing plant, a move that could significantly boost Kenya's mining sector....
By Adedapo Adesanya The Naira appreciated against the United States Dollar in the black market segment of the foreign exchange (FX) market on Friday by N10 to trade at N1,550/$1 compared with the prec...
By Adedapo Adesanya The oil market was down by 1 per cent on Friday as traders awaited the outcome of talks between US President Donald Trump and Russian leader Vladimir Putin. Brent crude futures los...
For years, overreliance on exchequer allocations and donor funding has slowed progress, leaving flagship projects underfunded or incomplete....
Traders at the port of Mombasa have been caught in the crossfire of escalating trade wars between the United States and China as costs rise....
The market share of Tanzania tea is gaining ground globally. To boost growth momentum, Tanzania has appointed former beauty pageant as tea ambassador. </stro...
Tangshan has been ordered to stop operations, from the 25th of August....
Tanzania sugar output increasing. New factory launch to bridge demand gap. President Samia urges sustainability in sector....
– Public funds and public welfare capital accelerate circular technology – DÜSSELDORF/BERLIN – Newsaktuell – 15 August 2025 – The non-profit cooldown°earth foundation congratul...
BANGKOK, THAILAND – Media OutReach Newswire – 15 August 2025 – Recently, alongside a Chinese lantern festival held in Thailand, UnionPay’s Poetry POS Machine public welfare ini...
The continent has a annual finance gap of US $30b when in comes to water investment....
Homa Bay town was a beehive of activity on Friday, August 15, as traders scrambled to make a kill on the last day of the 2025 Devolution Conference hosted at Homa Bay Secondary School....
By Modupe Gbadeyanka A veteran in the Nigerian movie industry, Mr Segun Remi, fondly called Chief Kanran, has reportedly passed on. He was said to have died on Friday morning at the age of 72, though...
By Adedapo Adesanya The Nigerian Communications Commission (NCC) has confirmed that its decision to return to market-driven pricing in the telecoms sector has spurred over $1 billion in infrastructure...
For more than three decades, MultiChoice has been known for telling Africa’s stories, from Nollywood to live sports and real-life documentaries. But today, it’s telling a different kind of story. One...
By Aduragbemi Omiyale The private investment vehicle of a Cameroonian banker, Mr Alain Nkontchou, Bosquet Investments Limited, has acquired a 21.22 per cent stake of Nedbank Group in Ecobank Transnati...
By Aduragbemi Omiyale A total of 679,364,206 shares have been distributed to eligible shareholders of Oando Plc in the first tranche of its Share Distribution Programme. The stocks were given to share...
By merging technology with culturally relevant storytelling and bold creativity, SHIFT aims to equip businesses with tools, strategies and inspiration to stay ahead in competitive markets....
Kruger is tasked with repaying people who opened normal bank accounts with Ithala....
The private sector has urged the East African Community member states to honour commitments and remove barriers hindering cross-border trade....
By Modupe Gbadeyanka About 40 tons of plastic waste has been removed by Rite Foods Limited in Lagos through the award-winning Riteonthebeach project. The campaign was carried out in partnership with P...
![CAC Removes Honeywell Oil, Equity Concept, 245 Other Companies from Database [FULL LIST]](https://businesspost.ng/wp-content/uploads/2021/01/CAC.jpg)
By Aduragbemi Omiyale About 247 companies have been removed from the database of the Corporate Affairs Commission (CAC), a statement from the agency said on Friday. The affected firms were yanked off...
By Aduragbemi Omiyale The National Bureau of Statistics (NBS) on Friday disclosed that inflation rate in Nigeria moderated by 0.34 per cent to 21.88 per cent in July 2025 from the 22.22 per cent recor...