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Last updated: 2025-09-17 07:07:03
TCN Confirms Fire Incident at Egbin Power Station
Source: Business Post Nigeria

TCN Confirms Fire Incident at Egbin Power Station

By Adedapo Adesanya The Transmission Company of Nigeria (TCN) has confirmed a fire incident at the Egbin Power Plc facility in the early hours of Tuesday, August 5, 2025, affecting power supply in par...

EFCC Chairman Denies Forcing NNPC CEO to Resign
Source: Business Post Nigeria

EFCC Chairman Denies Forcing NNPC CEO to Resign

By Adedapo Adesanya The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has denied reports that he forced the chief executive of the Nigerian National Petroleum Comp...

Developers, banks eye sweet spot in residential market
Source: Standard Media

Developers, banks eye sweet spot in residential market

Beneath the push to meet the country's housing deficit of two million units, is an industry that is quite conflicted between the existing demand and what is affordable....

FrieslandCampina Triggers Third Straight NASD OTC Exchange Loss
Source: Business Post Nigeria

FrieslandCampina Triggers Third Straight NASD OTC Exchange Loss

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange extended its stay in the red territory with a 0.05 per cent decline on Wednesday, August 6. At the close of business, the market...

Oil Market Falls 1% on Possible Russian Sanctions Uncertainty
Source: Business Post Nigeria

Oil Market Falls 1% on Possible Russian Sanctions Uncertainty

By Adedapo Adesanya The oil market slid by about 1 per cent on Wednesday after remarks by the United States President, Mr Donald Trump, about progress in talks with Russia created uncertainty on wheth...

Kenyan exporters to access China duty-free after deal
Source: Standard Media

Kenyan exporters to access China duty-free after deal

Kenyan exporters of agricultural produce will now access the Chinese market duty-free after the two countries concluded bilateral trade talks initiated in April....

Solace Appoints Yo Ohara as Country Manager for Japan
Source: Business Post Nigeria

Solace Appoints Yo Ohara as Country Manager for Japan

Veteran enterprise software leader to drive adoption of event-driven architecture and expand Solace’s footprint in Japan TOKYO, JAPAN – Media OutReach Newswire – 7 August 2025 – Sola...

HDBank Hits Record H1 Pre-tax Profit
Source: Business Post Nigeria

HDBank Hits Record H1 Pre-tax Profit

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 7 August 2025 – HDBank (HoSE: HDB) has reported a record pre-tax profit of VND10.1 trillion (US$383 million) for the first half...

NCC Launches New Corporate Governance Guidelines for Telcos
Source: Business Post Nigeria

NCC Launches New Corporate Governance Guidelines for Telcos

By Adedapo Adesanya The Nigerian Communications Commission (NCC) has launched its new guidelines on corporate governance for the telecommunications industry. The guidelines, which build on previous re...

NCAA Suspends Two ValueJet Pilots Over Safety Breach
Source: Business Post Nigeria

NCAA Suspends Two ValueJet Pilots Over Safety Breach

By Adedapo Adesanya The Nigerian Civil Aviation Authority (NCAA) has suspended two ValueJet pilots following a serious breach of aviation safety protocols at the Nnamdi Azikiwe International Airport,...

Tax Evasion: Gombe Seals MTN Office
Source: Business Post Nigeria

Tax Evasion: Gombe Seals MTN Office

By Adedapo Adesanya The Gombe State Internal Revenue Service (GIRS) has sealed the office of telecommunications firm, MTN Nigeria, located at Buba Shongo, in Gombe metropolis, over alleged failure to...

How to Checkmate Crime in Our Communities—Ifo DPO
Source: Business Post Nigeria

How to Checkmate Crime in Our Communities—Ifo DPO

By Emmanuel Udom In line with the community policing vision of the Nigeria Police Force (NPF), the Divisional Police Officer (DPO) for Ifo Police Division in Ogun State, Mr Olabisi Kamorudeen, on Tues...

WhatsApp Removes 6.8 million Scam-Linked Accounts in Six Months
Source: Business Post Nigeria

WhatsApp Removes 6.8 million Scam-Linked Accounts in Six Months

By Adedapo Adesanya WhatsApp has banned over 6.8 million accounts linked to criminal scam centres and introduced new safety features to protect users and prevent fraud on the social messaging platform...

FG to Plant 100 million Oil Palm Trees, Revive Cocoa Industry
Source: Business Post Nigeria

FG to Plant 100 million Oil Palm Trees, Revive Cocoa Industry

By Adedapo Adesanya The Vice President, Mr Kashim Shettima, has said the federal government would plant 100 million oil palm trees across the country and revive the failing cocoa industry. He stated t...

Nigerian Lotteries – Popularity Continues to Rise!
Source: Business Post Nigeria

Nigerian Lotteries – Popularity Continues to Rise!

Nigeria’s lottery industry stands as a shining example of sustained business growth in Africa’s evolving gaming landscape. With market revenues reaching impressive heights and regulatory f...

NASD Exchange Records Further 0.63% Loss
Source: Business Post Nigeria

NASD Exchange Records Further 0.63% Loss

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange witnessed a further 0.63 per cent drop on Tuesday, August 5 despite closing with no single price gainer and loser. During the se...

Oil Prices Slip Over Worries of Rising OPEC+ Supply
Source: Business Post Nigeria

Oil Prices Slip Over Worries of Rising OPEC+ Supply

By Adedapo Adesanya Oil prices slipped on Tuesday due to rising supply from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) and worries of weaker global demand. Brent crud...

Industrial Goods, Insurance Stocks Strengthen NGX by 0.50%
Source: Business Post Nigeria

Industrial Goods, Insurance Stocks Strengthen NGX by 0.50%

By Dipo Olowookere The signing of the Nigerian Insurance Industry Reform Bill 2025 into law by President Bola Tinubu triggered a significant interest in insurance stocks on the Nigerian Exchange (NGX)...

How firm's bid to turn waste into cash is paying off
Source: Standard Media

How firm's bid to turn waste into cash is paying off

On the shores of Lake Victoria, where water hyacinth often chokes fishing boats and piles of waste paper gather in the backstreets, two brothers saw an opportunity....

No Image Available
Source: LibyaHerald

Brega begins its fuel truck e-tracking system to counter smuggling

‎Libya’s Brega Oil Marketing Company, the National Oil Corporation’s (NOC) subsidiary charged with fuel imports and distribution, announced today that it has started its automated fuel truck tracki...

Cabinet gives nod for 80MW geothermal power plant
Source: Standard Media

Cabinet gives nod for 80MW geothermal power plant

The multi-billion-shilling project is a collaboration between the governments of Kenya and Japan and the European Investment Bank, with a projected completion by 2027....

Nigeria’s Capital Inflows Surge 67% to $5.6bn in Q1 2025
Source: Business Post Nigeria

Nigeria’s Capital Inflows Surge 67% to $5.6bn in Q1 2025

By Adedapo Adesanya Capital inflows into Nigeria surged by 67.1 per cent to $5.6 billion in the first quarter of 2025 from the $3.4 billion recorded in the same period of 2024. This is according to th...

NASD Index Witnesses 0.04% Loss Despite Gains by Five Securities
Source: Business Post Nigeria

NASD Index Witnesses 0.04% Loss Despite Gains by Five Securities

By Adedapo Adesanya Despite closing with five prices gainers, the NASD Over-the-Counter (OTC) Securities Exchange witnessed a 0.04 per cent drop on Monday, August 4. The loss was influenced by Central...

Naira Gains N1.29 to Trade at N1,532$1 at NAFEM
Source: Business Post Nigeria

Naira Gains N1.29 to Trade at N1,532$1 at NAFEM

By Adedapo Adesanya The value of the Naira appreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, August 4 by N1.29 or 0.08 per cent to quot...

Value of Nigerian Stocks Surpasses N91trn After 1.99% Rise
Source: Business Post Nigeria

Value of Nigerian Stocks Surpasses N91trn After 1.99% Rise

By Dipo Olowookere It was another positive start to the week on the Nigerian Exchange (NGX) Limited on Monday after it further appreciated by 1.99 per cent at the close of business. The growth was dri...

How Kenyan banks are losing billions to fraud
Source: Standard Media

How Kenyan banks are losing billions to fraud

The revelations come as the Central Bank of Kenya (CBK) faces public scrutiny for failing to prevent bank failures linked to ill health and governance weaknesses....

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