By Dipo Olowookere The Nigerian Exchange (NGX) Limited recorded its first loss in six consecutive trading sessions on Friday, declining by 0.09 per cent at the close of business. The slip was influenc...
Middle Eastern country's location makes it an attractive hub that could unlock significant growth....
Waha Oil Company announced yesterday that it has successfully completed the drilling and completion of the new horizontal well B222H-59W at Daffah Station with an initial production capacity of app...
The high-level Tripoli based Libyan government delegation visiting Washington DC (from 3 to 12 September) continued its meetings, where it held a meeting with the US Department of Commerce and the...
By Adedapo Adesanya The Naira returned to winning ways as it appreciated against the Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, September 12 by 27 Kobo or 0.02 per ce...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange extended its loss by 0.62 per cent on Friday, September 12, with the market capitalisation dipping by N13.38 billion to close at...
By Adedapo Adesanya Crude oil rose on Friday after a Ukrainian drone attack suspended loading from the largest port in western Russia, but concerns about US demand capped gains. Brent crude futures se...
AI-Driven Innovation Unlocks the Missing Piece in Digital Entertainment HONG KONG SAR – Media OutReach Newswire – 12 September 2025 – The Digital Entertainment Leadership Forum 2025...
The cooking gas industry was thrown into chaos this week after conflicting reports emerged about a five-million-kilogramme gas shipment imported by Kilifi-based Tanzanian gas firm Lake Gas.Â...
New Generation of Taxpayers: SARS Focuses on Influencers and Gig Workers...
By Adedapo Adesanya Tension between Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote Refinery took a higher notch on Friday after the union mobilised truck drivers to block the...
By Modupe Gbadeyanka To expand digital financial access across the Democratic Republic of Congo (DRC), Onafriq has entered into a strategic partnership with Visa for the launch of a cloud-native Payme...
By Blaise Udunze In recent months, Nigerians have been grappling with yet another increase in the cost of acquiring and renewing international passports. The hike, announced by the Nigeria Immigration...
By Adedapo Adesanya Nigeria’s trade surplus widened to N7.46 trillion in the second quarter of 2025, as the country’s export continue to gain ground while imports cooled slightly. According to t...
Travis is scheduled to perform live at FNB Stadium on October 11, 2025...
The UN Economic Commission for Africa (ECA) Office for North Africa reported today that it had held a capacity building workshop from 9-12 September under the theme: “Unlocking AfCFTA Opportunities...
Kenya will this weekend host the inaugural PUBG Mobile Africa Cup (PMAC), the first continental championship for PUBG Mobile in Africa....
A validation workshop was held in Tripoli last week to finalise Libya’s National Drought Management and Mitigation Strategy and Action Plan UNDP Libya reports that the event was held in partnership...
The Tripoli based Libyan government reported today that its large, high-level delegation – visiting Washington DC from 3 to 12 September – held an expanded meeting in the US capital wit...
QMP a privately owned, fully integrated meat firm has taken a significant step into international markets with the launch of new processed Halal meat products in the Gulf Cooperation Council....
By Adedapo Adesanya The federal government has promised to protect all players in the downstream petroleum sector in order to sustain stability, affordability, and availability of petroleum products n...
By Omolola Makanjuola and Faridat Yusuf The Etsu Nupe, Mr Yahaya Abubakar, has been congratulated by President Bola Tinubu on his 73rd birthday. He was also greeted by the President for being on the t...
The Tripoli based Libyan government reported today that its high-level delegation held extensive meetings in Washington, DC, with US government institutions, including the Office of the United Stat...
The eastern based Libya Development and Reconstruction Fund announced yesterday that it had signed memoranda of understanding with Italian company GKSD S.r.L in the fields of health, infrastructure...
By Aduragbemi Omiyale The minimum capital requirement set by the Central Bank of Nigeria (CBN) for commercial banks with national licence in the country has been met and surpassed by Wema Bank Plc. Th...
The online casino industry is constantly changing, introducing new formats that bring a mix of entertainment, suspense, and strategic thinking. One of the most exciting innovations of recent years is...
By Adedapo Adesanya Renaissance Africa Energy Company Limited and the Nigerian Navy have committed to a partnership to strengthen maritime security that would support improved crude oil and gas produc...
What account protection technologies does Pin-Up AZ use? Modern online gambling platforms, including services localized for Azerbaijan, build a multi-layered security architecture that combines crypto...
By Adedapo Adesanya Lagos State is targeting cutting down malaria prevalence to 1 per cent, according to a new government report. The report released by the Lagos State Government on Thursday said the...
By Modupe Gbadeyanka Some communities in Ondo State have been given food items by Fidelity Bank Plc as part of its commitment to improving lives and supporting residents of the state. The items were d...
By Adedapo Adesanya Nigeria is making a renewed push to expand its footprint in the global liquefied natural gas (LNG) market, with a goal to addressing supply gaps across Europe and Asia. This comes...
Showcase offered enriching discussions by political, business and other leaders on key Intra-African trade issues during the conference segment of the trade fair, with some of the mos...
By Aduragbemi Omiyale A new chief executive has been appointed by Fortis Global Insurance Plc and she is Mrs Nomwen Imariagbotua Emeghalu. She is taking over from Mr Paulinus Offorzor, who resigned fr...
Stanbic Bank Kenya, a unit of South Africa's Standard Bank Group, at 12.30 per cent; Standard Chartered Bank Kenya at 12.81 per cent; and Ecobank Kenya at 12.87 per cent.Â...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange dropped 0.45 per cent on Thursday, September 11, influenced by the decline in the share prices of Central Securities Clearing Sy...
By Adedapo Adesanya The Naira recorded its first drawback against the US Dollar in over a week in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, September 11. It lost 0.06 per ce...
By Adedapo Adesanya The oil market slid by about 2 per cent on Thursday amid concerns over possible softening of US demand and broad oversupply. Brent crude futures declined by $1.12 or 1.7 per cent t...
By Modupe Gbadeyanka The much-awaited free direct supply of premium motor spirit (PMS), otherwise known as petrol, to retainers, petrol stations and other large consumers by Dangote Refinery will comm...
By Aduragbemi Omiyale Two business leaders of a leading international energy and infrastructure conglomerate, Sahara Group, have been named in the 20 Under 40 Energy Women Rising Stars list of African...
By Dipo Olowookere The local stock market gained 0.21 per cent on Thursday on renewed buying interest in mid and large-cap equities across the key sectors, though the insurance space was under selling...
AACHEN, GERMANY – Newsaktuell – 11 September 2025 – FEV, a leading global engineering and consulting service provider for the energy industry has announced a strategic partnership wi...
A report by UNCTAD shows that while developing economies struggled to frontload their exports to beat the August 1, tariff deadline, Kenya's exports to the US increased by 11 per cent....
By Adedapo Adesanya Crude oil losses in Nigeria have dropped to a 16-year-low, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The commission said daily losses in Nigeria,...
By Aduragbemi Omiyale The board of C&I Leasing Plc has been authorised to acquire about 71.15 per cent equity stake in a Ghanaian firm, Leasafric Logistics Limited. The transaction will involve th...
By Modupe Gbadeyanka A subsidiary of Standard Bank Group, Stanbic IBTC Holdings Plc, is investing about N160 million in Nigeria’s educational future by awarding full-tuition scholarships to 200...
By Adedapo Adesanya The Court of Appeal has set aside a High Court ruling in the case between First Bank and General Hydrocarbons Ltd (GHL). First Bank had alleged fraudulent diversion of proceeds of...
By Modupe Gbadeyanka Ghanaian R&B and Afro-fusion sensation, Jackline Acheampong, professionally known as Gyakie, has described her selection as Spotify’s EQUAL Africa Ambassador for September 202...
By Aduragbemi Omiyale In order to make Africa self-sufficient in cement and clinker, Dangote Cement Plc is planning to increase its installed capacity to 66.4 million metric tonnes per annum (Mta) by...
Filipino card games hold a special place in the hearts and homes of millions across the Philippines. Games like Pusoy and Tongits have been core components of social gatherings—from family reunions an...
By Adedapo Adesanya The federal government has directed that all Nigerian National Petroleum Company (NNPC) Limited Tax Credit road contracts below N20 billion be reserved exclusively for indigenous c...
Kenya's banks are expanding rural branches despite global closures, chasing micro, small and medium enterprise and farm lending in a shift from the digitalâ€'only focus seen elsewhere....
The businessmen accuse the bank of allegedly breaching the duplum rule as the amount they have paid so far is four times more than the loan they had taken....
By Adedapo Adesanya The Federal Competition and Consumer Protection Commission (FCCPC) has found out that banking and fintech sector lead consumer complaints in Nigeria. This was contained in an updat...
Fund is targeting agribusinesses, logistics, and light manufacturing firms that are already profitable but need extra financing to scale. Similar opportunities are being pursued in Egypt and Nigeria....
Fund is targeting agribusinesses, logistics, and light manufacturing firms that are already profitable but need extra financing to scale. Similar opportunities are being pursued in Egypt and Nigeria....
The US struggles to consolidate the influence of top economies to counter China's momentum. Absence of domestic fossil fuels in both China and India makes them reliant on foreign energy markets....
Ethiopia's role in stabilising Kenya's power supply is set to expand following the completion of its Grand Ethiopian Renaissance Dam (GERD), launched Tuesday this week....
Libya and Nigeria discuss the reactivation of the Nigeria to Libya gas pipeline project to deliver Nigeria’s gas to European markets, Libya’s Tripoli based Ministry of Oil and Gas reported yesterda...
By Nosa Iyamu The COVID-19 pandemic forever changed how we work. It accelerated a digital transformation that was already underway, forcing businesses to embrace new technologies and rethink tradition...
The government has been urged to create a more predictable and supportive environment for investors....
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited has said the country was targeting $60 billion in new investments over the next five to seven years to expand gas infrastruct...
There is nothing more frustrating than settling down for your favourite show only to be cut off by a weak signal. One minute, you’re glued to the screen; the next, frozen scenes and that dreaded ‘No S...
Up to 14 U.S. deportees comprising of nationals from Nigeria and The Gambia have already been received in Ghana. President John Mahama says ECOWAS protocols...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has begun the development of a new strategic framework for the country’s payments ecosystem with the launch of the Nigeria Payments System Vision...
By Aduragbemi Omiyale A fresh 24-hour ultimatum has been given to the federal government by the Nigerian Association of Resident Doctors (NARD) to meet their demands. This new deadline followed the ex...
By Adedapo Adesanya Three stocks buoyed the NASD Over-the-Counter (OTC) Securities Exchange by 0.93 per cent on Wednesday, September 10, with the market capitalisation up by N19.90 billion to N2.159 t...
By Adedapo Adesanya The Naira showed no sign of waning, as its value improved against the US Dollar in the two key segments of the foreign exchange (FX) market; the black market and the Nigerian Auton...
Sirte Oil and Gas Company announced yesterday the successful drilling of a directional well in the Zilten field (C343H-6). The well flowed at a rate exceeding 1,400 barrels per day, with a natural...
As part of efforts to enhance coordination and integration between macroeconomic policies in Libya, the Governor of the Central Bank of Libya (CBL), Naji Issa, held an expanded meeting at the bank...
Libya’s Tatweer Research informed Libya Herald that the European Union has officially launched the civil society component of a two-year initiative, ‘‘Youth-Centred Dialogue for Peace and Justice i...
By Dipo Olowookere A 0.41 per cent rise recorded by the Nigerian Exchange (NGX) Limited on Wednesday returned its benchmark performance indicator, the All-Share Index (ASI), into the 140,000-point reg...
Waha Oil Company announced last Tuesday (9 September) that it had successfully drilled a new gas well (BB-19) in the Faragh field, overcoming significant technical challenges. The initial productio...
By Adedapo Adesanya Crude oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions, with Brent crude futures gaining $1.10 or 1.7 per cent...
According to the report, it takes 13 months to sell off a one-bedroom or two-bedroom apartment or flat....
The colonial centre was located in a strategic hilly position, overlooking the Gaturi hills and Sagana river on the Eastern side....
It is estimated that a modern training vessel costs at least Sh7.8 billion, and most institutions are unable to raise the money....
Kenyan units of global banking giants are offering the country's most competitive lending rates, using their expansive capital bases to undercut domestic rivals....
In Nigeria, it is common as many properties are built on borrowed money....
JAKARTA, INDONESIA – Media OutReach Newswire – 10 September 2025 – inDrive, a global urban mobility platform, reaffirms its commitment to prioritizing the welfare of drivers. As a su...
HONG KONG SAR – Media OutReach Newswire – 10 September 2025 – AUX Electric Co., Ltd. (Stock Code: 2580.HK), the core air conditioning business of AUX Group, listed on the Hong Kong S...
Investment to support accelerated expansion in APAC, including acquisition of hyperscale data center campus in Johor, Malaysia, strengthening Vantage’s position as a market leader in Asia Pacific DENV...
MUNICH, GERMANY – Newsaktuell – 10 September 2025 – REMA TIP TOP acquires significant assets and operations of the Canadian Almex Group. With the acquisition, the company expands its...
The move is meant to build capacity for the complex to be able to host more UN agency offices, events and activities in the future....
Restrictions on the use of drones has discouraged drone manufacturers from investing in the country....
By Modupe Gbadeyanka Approval has been given by the board of Indus Towers to penetrate African markets, with Nigeria, Uganda, and Zambia the first stops, though this is subject to necessary approvals...
New propositions bundle together connectivity, fuel discounts, insurance cover and financial wellness support for Kenya's transport operators....
By Modupe Gbadeyanka The immediate past chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, is being questioned by the Economic and Financial Crimes Commission (E...
The tariffs will impact countries that do not have trade deals with Mexico....
Oramah expressed particular frustration at the absence of African development banks, commercial lenders, and credit insurers....
By Modupe Gbadeyanka The Managing Director for Commercial Inclusion (Interswitch Inclusio) at Interswitch Group, Mr Muyiwa Asagba, has disclosed that the e-invoicing solutions of the organisation are...
The move signals a strategic bid to capture a share of East Africa's rapidly growing digital economy, which Euromonitor forecasts will account for 29 per cent of Africa's total GDP by 2040....
By Adedapo Adesanya Nigeria reportedly experienced another national grid collapse on Wednesday afternoon, with parts of the country without power supply, Business Post reports. While some parts of Lag...
According to the Central Bank of Libya’s latest financial statistics bulletin published yesterday for Libya’s state revenues and expenditure during the period January to end of August 2025, revenu...
Small-scale tea farmers would know their annual bonus in two weeks after a meeting of the directors of the Kenya Tea Development Agency slated for September 22 to 26, 2025....
By Faridat Yusuf and Omolola Makanjuola A new report from Google Search Trends has showed that the adoption of Artificial Intelligence (AI) by students was increasing. In the study made available to B...
A Libyan Indian Economic Forum will be held in Tripoli in the last quarter of this year. The news was revealed during the meeting held yesterday between Mohamed Hwej, the Tripoli based Libyan Mini...
By Adedapo Adesanya The federal government has officially published Nigeria’s new tax reform laws in the government gazette, marking a historic overhaul of the country’s fiscal framework. This was rev...
By Aduragbemi Omiyale In recognition of its outstanding work in strategic communications and brand storytelling, Mediacraft Associates has been announced as the winner of the Most Outstanding Corporat...
By Adedapo Adesanya The outgoing Customs Area Comptroller of Apapa Command of the Nigeria Customs Service (NCS), Mr Babatunde Olomu, has said his administration laid a solid foundation for sustained r...
By Aduragbemi Omiyale The largest power generation firm in Nigeria, Egbin Power Plc, has promised to maintain its support for education and community development. The company reaffirmed this at a cere...