By Adedapo Adesanya The African Export-Import Bank (Afreximbank) has announce the signing of a $1.35 billion financing facility to Dangote Industries Limited. According to a statement, the loan is par...
By Aduragbemi Omiyale A risk management expert, Mr John Okonkwo, has been appointed to the board of Abbey Mortgage Bank Plc, a statement from the firm has confirmed. In a notice to the Nigerian Exchan...
By Adedapo Adesanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the country’s oil production surpassed 1.8 million barrels per day in July 2025. The head of...
By Aduragbemi Omiyale In line with its strategic growth agenda, Caverton is actively repositioning its marine and aviation divisions, entering into a groundbreaking strategic partnership with a Chines...
By Modupe Gbadeyanka Results for the 2025 West African Senior School Certificate Examination (WASSCE) have been released by the West African Examinations Council (WAEC). In a statement on Monday, the...
The notice dated July 8, 2025 has caught the attention of Kenyans, considering that the levy imposed for the contracted services will increase the cost of imported motor vehicles....
The world's most valuable automaker is at a turning point with a sharp slump in its share price....
Afreximbank has signed a $1.35 billion loan financing for Dangote Industries Limited (DIL) as part of a larger $4 billion syndicated credit plan. Syndication...
By Modupe Gbadeyanka A multi-year and multi-million Dollar partnership has been signed between Airtel Africa and Xterlify, the digital arm of Airtel India or Bharti Airtel. Under this deal, Xtelify wi...
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said today that adopting digital transformation in the state-sector payroll management through the “Your instantaneous Salary”...
Participants at the RIKA Africa Summit in Nairobi, said the top leadership should incorporate youth due to their fresh perspectives on issues, knowledge of AI and willingness to learn....
By Adedapo Adesanya The NASD OTC Exchange Plc is planning to launch digitised securities as part of efforts to encourage young Nigerian investors to invest in the domestic market. This was disclosed b...
By Aduragbemi Omiyale The share price of Stanbic IBTC Holdings Plc surpassed the N100 threshold on Tuesday, July 29, 2025, some days after another player in the banking sector, GTCO Plc, crossed the m...
By Adedapo Adesanya Nigeria’s cocoa output is projected to fall by 11 per cent to 305,000 tons in the 2025-2026 harvest season, Bloomberg reported on Monday. Cocoa is one of Nigeria’s agricultur...
By Modupe Gbadeyanka The Lagos State Government has listed 176 estate developments spread across the state as illegal, giving them 21 days to process their layout approvals. In a document published by...
The Central Bank of Libya (CBL) will use all its capabilities to bring the foreign exchange (FX) rate of the Libyan dinar (LD) to below LD 7 per US$. At one point, the LD was trading at LD 7.65/dol...
By Adedapo Adesanya The Nigerian Guild of Editors (NGE) and the Socio-Economic Rights and Accountability Project (SERAP) have separately condemned the recent order for the closure of Badeggi Radio by...
By Dipo Olowookere Last week, at the Nigerian Exchange (NGX) Limited, the All-Share Index (ASI) appreciated by 5.07 per cent to 141,263.05 points and the market capitalisation rose by 5.08 per cent to...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 1.88 per cent appreciation in Week 31, extending its bullish run to the fourth straight trading week. In the week, th...
By Aduragbemi Omiyale The board of Fidson Healthcare Plc has been given the authority to raise up to N30 billion through equity by way of a rights issue and/or other equity raise methods. The approval...
The International Relations Minister says SA is responding to US tariffs with a comprehensive plan...
By Adedapo Adesanya The National Agency for Food and Drug Administration and Control (NAFDAC) has taken delivery of a batch of substandard and falsified goods seized by the Nigeria Customs Service (NC...
By Aduragbemi Omiyale The N157.8 billion rights issue of the United Bank for Africa (UBA) Plc is gradually gaining traction, with shareholders already taking their rights so as not to miss out. The ex...
Global Fund is procuring Kenyan-made HIV drugs for patients in Mozambique, making it the first time African-manufactured drug (TLD) has been deployed through this channel.</l...
Avhashoni Tshifhango faces corruption charges related to a R30 million investment towards the bank....
By Diana Tenebe Vegetables are such a rich source of vitamins, minerals and fiber. They play a vital role in maintaining good health as they are low in calories and fat; contributing to various aspect...
By Adedapo Adesanya Nigeria’s women basketball team, D’Tigress, on Sunday defeated Mali 78-64 to clinch an unprecedented fifth consecutive AfroBasket title. The victory was one of Nigeria’...
By Abiola Laseinde From the soil of Northern Nigeria from where grains are sourced, to the bubbling breweries in the South that bottle joy, and finally to your glass, beer is more than just a beverage...
Driving Two Key Agendas to Strengthen Global Competitiveness BANGKOK, THAILAND – Media OutReach Newswire – 4 August 2025 – SCG organized the ESG Symposium 2025 under the concept R...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 August 2025 – In an effort to deepen cultural and tourism cooperation between China and Malaysia and further expand into the Sout...
Shutdown, while significant, is a temporary measure designed to accommodate the commissioning of a new kiln....
At the Siaya National Polytechnic, more than 2,000 youth participated in technical masterclasses in plumbing, electricals, hospitality, fashion, and design....
The Port of Mombasa has maintained Uganda as its leading transit market despite competition from the nearby Dar es Salaam Port in Tanzania....
Four in five families in Africa still cook with polluting fuels like wood, charcoal or dung....
The department attributed it's clean audit to commitment to clean governance and accountability....
Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a day....
Tata Chemicals Magadi has announced a significant expansion plan for its soda ash mining activities at Lake Magadi, which aims to increase production to 600,000 tonnes within five years....
Firms have been urged to embrace International Financial Reporting Standards and International Public Sector Accounting Standards to attract capital and boost investor confidence....
Government plans to sell at least 60 per cent of the shareholding in Kenya Pipeline Company through an initial public offering on NSE, which could net more than Sh80 billion....
MPs have warned against the National Oil Corporation of Kenya and Rubis Energy Kenya deal, saying the transaction could quietly hand over critical State assets to private interests....
Cape Town Mayor, Geordin Hill-Lewis says the city successfully spent R9.5b in infrastructure...
Premier Mandla Ndlovu announced that the market would be opened at the end of July....
Government says it's committed to continue negotiating with the US to reach a deal...
Ramokgopa spoke on the sidelines of the of ANC NEC meeting underway in Germiston...
By Modupe Gbadeyanka A bold new global advocacy initiative, Fearless Freedom, designed to address inequality and champion economic inclusion across the world has been launched. This is nearly one year...
Looking for the best crypto casino in 2025? Compare Bitcasino, 20 Bet Casino, and Toshi.bet. No KYC, instant withdrawals, and top bonuses—Toshi.bet is setting a new global standard. Introduction: The...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed the week 0.33 per cent higher on Friday, August 1, supported by three price rises, which neutralised the loss posted by t...
By Dipo Olowookere The first trading day of August 2025 on the floor of the Nigerian Exchange (NGX) Limited ended on a positive note, with a 1.00 per cent appreciation. The bourse continued its upward...
By Adedapo Adesanya The crude oil market fell by 2 per cent on Friday due to the possible increase in production by the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) amid wo...
By Adedapo Adesanya The Naira still moved in different directions in the various segments of the foreign exchange (FX) market on Friday, closing flat against the US Dollar at the black market at N1,54...
President Donald Trump has imposed a 30% tariff on South Africa....
Golden Arrows Bus Services’ 14% fare increase will take effect on August 11....
Thank you for always keeping us informed on various issues relating to livestock health and production....
FlySafair says strike has ended following an agreement with Solidarity....
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 August 2025 – In commemoration of Breastfeeding Week 2025, XIXILI shows its commitment to inclusivity by collaborating with Ricca...
Finance Minister Enoch Godongwana says it's important to clarify his position on this issue....
The disturbances were caused by a failure in the Flight Plan Management system....
By Aduragbemi Omiyale Lower trading activity, especially from Premium Motor Spirit (PMP), otherwise known as petrol, and weaker realised prices amid stronger performance in the Exploration and Product...
By Modupe Gbadeyanka One of the leading telecommunications and digital service providers in the country, Airtel Nigeria, has taken its commitment to employee wellness and public health advocacy higher...
Disgruntled countries can approach the World Trade Organisation to register their dissatisfaction....
By Adedapo Adesanya The Independent National Electoral Commission (INEC) has said that the 2025 Continuous Voter Registration (CVR) exercise would begin nationwide on August 18. The electoral body dis...
By Modupe Gbadeyanka No fewer than 600 top-performing drivers of the global mobility and urban services platform, inDrive, will receive insurance coverage in the newly introduced loyalty programme in...
The Libya Africa Investment Portfolio, part of Libya’s sovereign wealth fund holding entity, the Libyan Investment Authority (LIA), said that as part of its focus on internal investment, it seeks...
He says, despite her requiring quality care due to her advanced age, very few insurance companies are willing to fully insure her, claiming that she is a high-risk client....
By Aduragbemi Omiyale The founder of Fidson Healthcare Plc, Mr Fidelis Ayebae, has retired as the chief executive of the company, with Mr Abiola Adebayo succeeding him. Mr Ayebae stepped down from the...
Kenya's affordable housing programme is gaining momentum, with thousands of units under construction and more planned....
By Aduragbemi Omiyale In the coming weeks, Sterling Financial Holding Company Plc will be at the capital market to raise additional funds for its flagship banking segment, Sterling Bank. A statement f...
By Adedapo Adesanya Oil stakeholders under the aegis of Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have called for the establishment of a joint distribution framework between the Da...
By Modupe Gbadeyanka Air travelers intending to fly this winter season have been given the choice to plan ahead and explore more destinations through Qatar Airways. The airline company is increasing f...
By Timi Olubiyi, PhD The bustling heart of Nigeria’s maritime economy is Apapa Lagos, and has long been the epicenter of trade and commerce in West Africa if I am not mistaken. Yet, beneath the...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has shown that Nigeria’s provisional Balance of Payments (BOP) data for the first quarter of 2025 dropped by 1.8 per cent to the current acc...
Du Plessis says pilots will get a 6% wage increase in the first year, to 6.9% in the final year...
The Tripoli Libyan government’s official tendering and procurement website, ‘‘Attaat’’ (Tenders), is operational, the General Information Authority (GIA) announced yesterday. The GIA says the web...
July inflation rate rose to 4.1 percent, up from 3.8 pc in June, driven by higher prices of food, transport, fuel, and electricity, KNBS says....
The Undersecretary General of the Ministry of Health / Acting Minister, Mohamed Al-Ghouj, issued Circular No. (3) of 2025 yesterday on regulating the acceptance by the Ministry and its departments...
FlySafir says all its aircrafts will return to active duty with schedules being normalised....
The 30% per cent tariffs on exports to the US will only take effect in a week's time....
By Adedapo Adesanya The Federal Executive Council (FEC) on Thursday approved N68.7 billion for key electricity projects in universities and teaching hospitals across Nigeria. This was disclosed by the...
By Aduragbemi Omiyale A leading figure in the global cryptocurrency landscape, Tether, has revealed that its exposure to the United States treasuries stood at $127 billion in the second quarter of 202...
By Modupe Gbadeyanka A $46 million loan has been approved by the board of the African Development Bank (AfDB) Group to enhance healthcare access and quality in Sokoto State. The lender provided the fu...
The Central Bank of Libya yesterday announced the launch of the “Your / Instant Salary Payment” system to transfer the salaries of public sector employees directly into their bank acco...
By Aduragbemi Omiyale Despite the macroeconomic challenges in Nigeria, Beta Glass Plc demonstrated resilient, closing the first half of 2025 strong with a 334 per cent surge in profit after tax after...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange jumped by 3.23 per cent on Thursday, July 31, with the Unlisted Security Index (NSI) rising by 17.23 points to close at 3,689.43...
By Adedapo Adesanya Guaranty Trust Holding Company (GTCO) Plc has completed the cancellation of its Global Depositary Receipts (GDRs) listing on the London Stock Exchange (LSE). The company said in a...
South Africa is among several countries affected, with the new tariff rate set at 30%....
By Adedapo Adesanya The exchange rate of the Naira to the United States Dollar in the parallel market remained unchanged at N1,540/$1 on Thursday, the last trading session of July 2025. However, the N...
By Dipo Olowookere The last trading day of July on the floor of the Nigerian Exchange (NGX) Limited struggled to end on a positive note on Thursday with a 0.42 per cent appreciation. This was because...
What happens to your business when things fall apart? If the answer is "start over" or "hope for help," it may be time to consider a new layer of protection and that is, insurance....
By Adedapo Adesanya Oil prices declined on Thursday as US President Donald Trump’s August 1 tariff deadline loomed over investors, with uncertainty surrounding countries yet to negotiate a trade...
The new United States tariff rates have been set at 30% for South Africa....
KAIFENG, CHINA – The summit, themed “Upholding the ‘Shanghai Spirit’ to Build a More Beautiful Home”, designated Kaifeng as a key destination for foreign guests from its...
ORDOS, CHINA – Media OutReach Newswire – 31 July 2025 – From September 8 to 9, 2025, the 10th Kubuqi International Desert Forum will convene in Ordos, Inner Mongolia Autonomous Regio...
HONG KONG SAR – Media OutReach Newswire – 1 August 2025 – ShopBack, Asia’s foremost cashback platform, proudly announces its official entry into the Macau market, introducing a...
The High Court has issued fresh orders gagging a section of shareholders of Directline Assurance from publishing information related to the business in the latest fiasco....
Kenya has formally complained to Tanzania over orders restricting foreigners from engaging in 15 categories of small-scale business activities....
This growth is driven by a gain in value of investment properties as a result of rent increases and operational efficiencies....
In 2024, the beverage company recorded a net profit of Sh10.87 billion....
In a company bulletin, it was reported that the workers are on-site to set up a drilling rig....
The National Transmission Company of South Africa, is expected to lead the R440 billion project....
Most households struggle to cover the cost of living....