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...
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...