By Adedapo Adesanya The federal government has confirmed suffering a significant shortfall in Nigeria’s oil revenue in the first half of the year despite surpassing the gross receipts recorded i...
The Attorney General’s Office reported yesterday that the Judicial Control Affairs Unit was able to identify and locate a ring of fuel smuggling suspects in the Al-Mutrad area of Al-Zawiya A...
Libya’s state Arabian Gulf Oil Company (AGOCO) announced last Wednesday (13 August) that it has realised a new technical achievement represented in the return of the HH91-65 well in the Masala fiel...
During his attendance at the graduation ceremony of students of military colleges and academies and the Military Technical Institute last Monday (11 August), Tripoli based Libyan Prime Minister an...
By Adedapo Adesanya Nigeria has rolled out a blueprint to reposition its long-stalled steel industry as the backbone of the country’s industrialisation drive, with new investments exceeding $1.3 billi...
By Modupe Gbadeyanka One of Nigeria’s leading non-interest banks, the Alternative Bank (AltBank), has ramped up its efforts to promote economic empowerment and financial inclusion for market traders a...
The Tripoli based Libyan Prime Minister’s plan for financing entrepreneurship and innovation projects and approving their executive programme was discussed during an extensive meeting held at...
Tanzania tax compliance key to growing domestic revenue. TRA launches initiative to increase compliance. AI adoption poised to fir...
By Adedapo Adesanya Nigerian indigenous oil company, Heirs Energies, plans to double its crude oil output by 2030 as it looks to expand its operations across Africa. In an interview in Windhoek, Namib...
By Modupe Gbadeyanka The Lagos chapter of the All Progressives Congress (APC) has been slammed by a support group of the African Democratic Congress (ADC) for criticising the opposition’s national sec...
By Adedapo Adesanya Five price gainers triggered a 1.02 per cent increase at the NASD Over-the-Counter (OTC) Securities Exchange on Thursday, August 14, raising the market capitalisation by N22.01 bil...
According to the Nielsen IQ consumer outlook report, millennials and boomers have been found to monitor the cost of the overall basket of goods to manage expenditure....
Saudi Arabia has embarked on a goal to increase oil output. With higher oil output, the global target to meet ideals of the Paris Agreement may not be reali...
Eight accountants from Kussco on Thursday recorded statements with the police at Capitol Hill Police Station amid a probe on fraud at the institution....
By Modupe Gbadeyanka A new report showing how small businesses in Nigeria are adopting Artificial Intelligence (AI) to scale up their operations has been released by the Enterprise Development Centre...
By Adedapo Adesanya The value of the Naira further appreciated by against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, August 14 by 37 Kobo or 0.02...
By Aduragbemi Omiyale Nigerian financial services provider, Access Holdings Plc, has reaffirmed its support for Zambia’s economy, promising to finance transformative projects that will strengthen the...
Morero says he has established a disciplinary board to probe allegations of financial misconduct...
By Dipo Olowookere The bears consolidated their control of the Nigerian Exchange (NGX) Limited on Thursday by further plunging it by 0.39 per cent at the close of transactions. The trading session wit...
Eight accountants from Kussco on Thursday recorded statements with the police at Capitol Hill Police Station amid a probe on fraud at the institution....
By Adedapo Adesanya Crude oil was up by about 2 per cent on Thursday as the market look forward to the outcome of a meeting between US President Donald Trump and Russian President Vladimir Putin on Fr...
Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets, including Mozambique, Tanzania and the DRC....
Earnings were supported by a 10.8 per cent growth in operating income, which increased to Sh43.5 billion....
Eight accountants from Kussco on Thursday recorded statements with the police at Capitol Hill Police Station amid a probe on fraud at the institution....
Of the 67 Strategic Projects and Initiatives under Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba’s government that are underway, 8 are completed and 29 to start by end of 2025. The rev...
Libya’s state National Oil Corporation (NOC) reported last Tuesday (12 August) that Algeria’s Sonatrach commercial oil discovery in the Ghadames Basin is expected to yield 4,200 barrels per day (b...
By Adedapo Adesanya Nigeria is seeking to deepen its long-standing energy partnership with a fellow member of the Organisation of the Petroleum Exporting Countries (OPEC), Venezuela, inviting the Sout...
The National Blue Economy Workshop will be held in September 2025. The revelation came during the visit last Monday (11 August) by the Tripoli based Libyan Minister of Economy and Trade, Mohamed...
Libya’s Customs Authority reported last Sunday (10 August) that the Misrata Free Zone Customs Centre successfully prevented the smuggling of a large container (45 feet) containing undeclared goods....
The Tripoli Business Hub, Libya’s first municipality‑led business hub was opened last Sunday (10 August) which the UNDP describes as the beginning of a new chapter for local entrepreneurship. Inspi...
The Energy and Petroleum Regulatory Authority (Epra) has cut fuel prices marginally by Sh1 in its latest review cycle....
By Kehinde Ogundare Business growth should feel energising — not like a daily struggle. When operations begin to scale, the software systems need to scale as well, and adapt to the new processes and n...
By Adedapo Adesanya The Director General of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala, has called on the federal government to put social safety nets in place for poor Nigerians to c...
A new global study by Salesforce reveals a fundamental shift in how Chief Financial Officers (CFOs) approach Artificial Intelligence (AI). Once seen as a cautious investment, AI is now a core strategi...
Tyre giant Goodyear, once a source of hundreds of jobs, is closing its doors in Kariega....
By Adedapo Adesanya The National Identity Management Commission (NIMC) has announced the completion of an upgrade to its diaspora enrolment platform. A statement by the commission said the upgrade was...
By Aduragbemi Omiyale The sum of N20 million has been won by some start-ups at the Ecobank InnovateX challenge organised by the financial institution to empower youth to transform passion into scalabl...
The largest negative contributor has been workshop income and fuel sales....
By Adedapo Adesanya The Nigerian government may issue bonds and other instruments for the payment of N4 trillion owed players inn the electricity sector to help stabilise the nation’s ailing power ind...
By Modupe Gbadeyanka A WhatsApp-based self-service chatbot known as Airtel Assist has been introduced by Airtel Nigeria to offer real-time support to millions of customers on its network. This is anot...
By Adedapo Adesanya President Bola Tinubu has ordered the review of deductions and revenue retention by the Nigerian National Petroleum Company (NNPC) Limited and other major revenue-generating agenci...
By Aduragbemi Omiyale The need for the creation of a single financial statements portal for companies to strengthen corporate governance has been emphasised by the chief executive of the Financial Re...
For Kenya, the housing deficit is on the rise with many urban areas experiencing a growth in high-density informal settlements....
CEO Sim Tshabalala highlighted the Corporate and Investment Banking unit as one of their standouts...
Commercial banks have six months to revise their lending rates to reflect the risk-based credit pricing model spearheaded by the Central Bank of Kenya (CBK)....
StatsSA numbers show that while 8.4m people are unemployed, making up 33.2% of the labour force....
By Adedapo Adesanya Africa-focused venture capital firm, TLcom Capital, has reached a 50 per cent deployment milestone in its $5 million pre-seed fund, TAPSI (TIDE Africa Pre Seed Investments), follow...
By Aduragbemi Omiyale To streamline disbursements and ensure every Naira is deployed towards productive investments, the federal government has integrated unspent 2024 capital funds into the 2025 budg...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell further by 0.63 per cent on Wednesday, August 13 after closing with two price losers led by Okitipupa Plc and Mixta Real Es...
By Adedapo Adesanya The Naira moved in different directions at the foreign exchange (FX) market on Wednesday, August 13, appreciating against the United States Dollar in the Nigerian Autonomous Foreig...
By Modupe Gbadeyanka President Bola Tinubu will today, Thursday, August 14, 2005, leave Nigeria for a two-nation trip to Japan and Brazil, though he is expected to have a stop-over in Dubai in the Uni...
By Modupe Gbadeyanka The judgment of the Federal High Court sitting in Abuja mandating the Nigerian National Petroleum Company (NNPC) Limited to pay its former board chairman, Mr Ifeanyi Ararume, the...
By Adedapo Adesanya Oil prices fell on Wednesday after rising supply expectations from the United States government and the International Energy Agency (IEA), with Brent crude down by 49 cents or 0.7...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited surrendered its control to the bears on Wednesday, closing lower by 0.13 per cent when trading activities ended for the day. The decline was infl...
The first phase of the National Dialogue process will at place in Pretoria on Friday....
China has plentiful soybeans on hand after stepping up imports with purchases hitting record highs...
SonicWall’s latest release features built-in Zero Trust, embedded warranty, and co-managed services empowering partners to deliver scalable, smart security with simplicity and confidence SINGAPORE ...
SYDNEY, AUSTRALIA – Media OutReach Newswire – 14 August 2025 – Australian clean energy innovation takes a leap forward as W Energy, a new energy technology company, teams up with lon...
SINGAPORE – Media OutReach Newswire – 14 August 2025 – Zenith Yacht Charters, a luxury yacht charter in Singapore, introduced its latest offering—Sunset Dinner Cruise (SDC) Package—i...
NCTTCA says the construction of the Nadopal-Nakodok road link would improve inter-trade between Kenya and South Sudan, whose value stood at Sh29.5 billion in 2013....
Mr Mwangura explained that the significance of this initiative extends beyond Kenya's borders, touching the heart of Africa's economic future....
Close to 110 units in the Gichugu Affordable Housing Programme (AHP) in Kirinyaga County have been completed....
Superior Homes chief executive Shiv Arora says the bulk offtake provides the speed which developers want....
KCB Group board of directors has recommend a Sh13 billion payout, which includes a special dividend related to the sale of the National Bank of Kenya (NBK)....
Nairobi`s population has more than doubled to 5.7 million, further straining the Capital`s housing, with World Urban Forum keen to bring solutions to such challenges....
Questions are now being raised on the latest acquisition foray by the Tanzanian businessman, which will likely create a dominant player in the Kenyan and regional market....
It will be the second tallest, after the JW Marriott, which has 35 floors and 315 rooms that was opened to the public in March last year....
Kenyan pension schemes delivered their strongest returns in years, outpacing inflation by a staggering 26 per cent in the 12 months to June 2025....
The investment accelerates its efforts to build the most impactful creator-powered ecosystem, where creators are not just influencers, but entrepreneurs and job creators...
By Aduragbemi Omiyale An Artificial Intelligence (AI) startup, Refold AI, has completed a $6.5 million round in seed funding to develop a platform that removes API complexity into repeatable, producti...
By Modupe Gbadeyanka Twenty new millionaires have emerged in the seventh and eighth monthly draws of the Get Alert in Millions (GAIM) Season 6 Savings Promo of Fidelity Bank Plc. The campaign was tail...
By Adedapo Adesanya The National Sugar Development Council (NSDC) has urged investors to tap into Nigeria’s sugar market valued at over $2 billion. This call was made by the Executive Secretary...
NUMSA disputes the severance package Goodyear has offered workers ahead of plant closure...
By Adedapo Adesanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that average litres of fuel consumed daily by the country decreased by about 18.6 per ce...
By Aduragbemi Omiyale No fewer than 1,000 Nigerian developers are expected to benefit from a training programme put together by Google in collaboration with GOMYCODE. The initiative is to educate part...
By Adedapo Adesanya An Ikeja Magistrates’ Court on Wednesday discharged the embattled Ms Comfort Emmason of charges bordering on unruly behaviour and assaulting the flight crew aboard an Ibom Air airc...
By Modupe Gbadeyanka The $1 million Hedera Africa Hackathon for the development of blockchain solutions has got bigger with the inclusion of Orange, through its Orange Digital Center (ODC) network. Mo...
Retail sales were flat in June compared with May 2025...
Ethiopian Airlines: “With forecasts projecting up to 60 million passengers annually by 2040, expanding Bole International Airport further is not feasible, making a new mega-hub...
The Minister gave an update on the state of the national grid in Pretoria today....
By Adedapo Adesanya The federal government has gotten a September 2025 deadline to close the prosecution of former National Security Adviser (NSA), Mr Sambo Dasuki, over alleged money laundering, a ca...
The initiative, which is also supported by Dunlop Tyres, aims to equip underprivileged youth with practical job-ready skills for the automotive industry....
Infected farms and communal areas have been placed under quarantine....
By Michael Owhoko, PhD Who will restore Warri back to its glorious days? A city that was once the pride of all Wafarians, is now a shadow of itself, rusty and reeking with aroma of poverty occasioned...
By Aduragbemi Omiyale The federal government has been urged to consider selling crude in Naira to private refinery like Dangote Petroleum Refinery to allow Nigerians enjoy lower fuel prices. This appe...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has once again appealed to Nigerians to protect and preserve the dignity of the Naira. This call was made on Tuesday as the apex book took its cur...
By Modupe Gbadeyanka Two prestigious awards were clinched by Stanbic IBTC Bank Limited at the Cosmopolitan The Daily Business Awards held recently. The Cosmopolitan The Daily Business Awards is a repu...
By Adedapo Adesanya The federal government has announced the withdrawal of a criminal complaint against Ms Comfort Emmanson, an Ibom Air passenger arrested over alleged unruly behaviour, as well as th...
Ramokgopa says his ministry is working to make electricity more affordable....
Paul Biya’s plan to seek re-election has brought up debate among African scholars, who have long cautioned against the dangers of overstaying in office, but these warnings have...
Masuku says the situation will worsen with the new US 30% tariff increase....
African startups under cleantech lead in attracting financing with two massive funding deals sealed by Sun King and d.light. FinTech follows in funding volu...
By Dipo Olowookere A marginal gain of 0.12 per cent was recorded by the Nigerian Exchange (NGX) Limited on Tuesday as investors slowed their appetite for stocks as they recalibrated their portfolios f...
Electricity Minister Kgosientsho Ramokgopa briefs the media on the state of the national grid....
The reality facing Kenyan entrepreneurs today is a triple threat of burdensome trade regulations, an increasingly complex tax regime, and a labyrinthine licensing system....
By Adedapo Adesanya Four stocks pulled down the NASD Over-the-Counter (OTC) Securities Exchange by 1.46 per cent on Tuesday, August 12, a day after it welcomed a new member, MRS Oil Nigeria Plc. At th...
By Adedapo Adesanya The Naira weakened further against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, August 12 amid renewed foreign exchange (FX) pressures. At t...
Consumers are being warned to stay alert and take extra precautions....
By Adedapo Adesanya Oil prices dipped on Tuesday as traders awaited an inventory report from the US Energy Information Administration (EIA) and began looking toward declining demand at the end of the...
Canada is now in trade conflicts with the world's two largest economies...