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Last updated: 2025-05-02 19:50:16
New Look, New Record: KLN Rebrands
Source: Business Post Nigeria

New Look, New Record: KLN Rebrands

Supporting UNICEF HK with 286-Child Coin Toss for The GUINNESS WORLD RECORDS™ Attempt HONG KONG SAR – Media OutReach Newswire – 27 April 2025 – KLN Logistics Group Limited (“KL...

Canada Brand Harlow Blend Launches Unique Cat Food Series
Source: Business Post Nigeria

Canada Brand Harlow Blend Launches Unique Cat Food Series

Featuring Expert-Formulated Cat Food Recipes with Over 28 Years of Nutritional Experience HONG KONG SAR – Media OutReach Newswire – 28 April 2025 – Harlow Blend Cat Food Series is sp...

Sh100m Bamburi Cement plant to ease construction
Source: Standard Media

Sh100m Bamburi Cement plant to ease construction

Bamburi Cement Plc, a subsidiary of Amsons Group, has launched a Sh100 million ready-mix concrete plant in Mombasa aimed at meeting the growing demand for quality concrete solutions....

EFCC Launches Manhunt for Eight CBEX Promoters
Source: Business Post Nigeria

EFCC Launches Manhunt for Eight CBEX Promoters

By Dipo Olowookere Eight persons, comprising four Nigerians and four foreigners, believed to have promoted the failed Ponzi scheme, Crypto Bridge Exchange (CBEX), in Nigeria have been declared wanted...

Nigeria’s Stock Market Gives up 0.30% Friday
Source: Business Post Nigeria

Nigeria’s Stock Market Gives up 0.30% Friday

By Dipo Olowookere A 0.30 per cent fall was recorded by the Nigerian Exchange (NGX) Limited on Friday as a result of profit-taking in the industrial goods sector. This was mainly caused by sell-offs i...

FrieslandCampina, Afriland Properties Weaken NASD Index by 0.24%
Source: Business Post Nigeria

FrieslandCampina, Afriland Properties Weaken NASD Index by 0.24%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.24 per cent on Friday, April 25 after the duo of FrieslandCampina Wamco Nigeria Plc and Afriland Properties Plc landed...

Crude Oil Market Grows Amid Tariffs, Oversupply Pressures
Source: Business Post Nigeria

Crude Oil Market Grows Amid Tariffs, Oversupply Pressures

By Adedapo Adesanya The crude oil market edged higher on Friday despite pressures from market expectations of oversupply and uncertainty around tariff talks between the US and China. Brent crude futur...

Legal win for firm in Marsabit wind power project standoff
Source: Standard Media

Legal win for firm in Marsabit wind power project standoff

High Court orders Energy Ministry to make public approved projects in the county after failure to comply with a similar Ombudsman's order. Gitson Energy wants assurance its is on the list....

NSSF eyes double growth as it turns 60
Source: Standard Media

NSSF eyes double growth as it turns 60

The National Social Security Fund (NSSF)on Friday, kicked off its 60th anniversary celebrations with its Annual General Meeting as it eyes growing to a Sh1 trillion fund by 2027....

Popular Artist Terry Apala in Ikoyi Prison for Naira Abuse
Source: Business Post Nigeria

Popular Artist Terry Apala in Ikoyi Prison for Naira Abuse

By Modupe Gbadeyanka A popular music act, Mr Terry Alexander Ejeh, otherwise known as Terry Apala, has been remanded in a correctional centre in Lagos for alleged mutilation of the Naira notes in Janu...

Nigeria Moves to Revive Textile Sector With Development Board
Source: Business Post Nigeria

Nigeria Moves to Revive Textile Sector With Development Board

By Adedapo Adesanya Nigeria’s National Economic Council (NEC) has approved the establishment of Cotton, Textile and Garment Development Board as part of efforts to drive non-oil revenues. This was dis...

Standard Group CEO feted among 2025's Most Influential CEOs
Source: Standard Media

Standard Group CEO feted among 2025's Most Influential CEOs

Global Peace Foundation's Kenya Country Director, Daniel Juma, Britam Holding CEO Tom Gitogo, KEPSA CEO Carole Karuga and Paul Russo of KCB bank are among 50 most influential CEOs in Kenya....

Spotify’s AI Playlist Now Available in Nigeria
Source: Business Post Nigeria

Spotify’s AI Playlist Now Available in Nigeria

By Modupe Gbadeyanka Global streaming platform, Spotify, has announced the availability of its Artificial Intelligence (AI) playlist in Nigeria. In a statement on Friday, it said the AI Playlist in be...

Libya and Cuba to sign MoU on health cooperation
Source: LibyaHerald

Libya and Cuba to sign MoU on health cooperation

Libya and Cuba have agreed to sign a comprehensive memorandum of understanding covering various areas of health cooperation, in addition to forming a joint technical committee to follow up the impl...

Nigeria Targets $90bn from Textile, Livestock by 2035
Source: Business Post Nigeria

Nigeria Targets $90bn from Textile, Livestock by 2035

By Modupe Gbadeyanka About $90 billion is expected to be generated in economic value by 2035 from new strategies developed by the Nigerian government for agribusiness expansion and livestock transform...

VFD Group Bounces Back to Profitability With N11.2bn PBT in 2024
Source: Business Post Nigeria

VFD Group Bounces Back to Profitability With N11.2bn PBT in 2024

By Adedapo Adesanya Proprietary Investment firm, VFD Group Plc, recorded a 1,202 per cent rise in its Profit Before Tax (PBT) in the 2024 financial year, closing December 31, 2024, at N11.2 billion. T...

Naira Value Remains N1,603/$1 at Official Market
Source: Business Post Nigeria

Naira Value Remains N1,603/$1 at Official Market

By Adedapo Adesanya The value of the Naira slightly appreciated against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, April 24, after coming under pressure in t...

Weak Dollar, OPEC+ Output Increase Issues Lift Oil Prices
Source: Business Post Nigeria

Weak Dollar, OPEC+ Output Increase Issues Lift Oil Prices

By Adedapo Adesanya Oil prices rose on Thursday as investors weighed a weaker US Dollar as potential troubles may emanate from planned output increase by the Organisation of the Petroleum Exporting Co...

Court Authorises EFCC to Detain Six CBEX Promoters
Source: Business Post Nigeria

Court Authorises EFCC to Detain Six CBEX Promoters

By Modupe Gbadeyanka The Economic and Financial Crimes Commission (EFCC) has been given the power to arrest and detain six promoters of the troubled investment scheme operator, Crypto Bridge Exchange...

Flight Operations to Resume as NiMET Workers Suspend Strike
Source: Business Post Nigeria

Flight Operations to Resume as NiMET Workers Suspend Strike

By Modupe Gbadeyanka The indefinite strike embarked upon by labour unions in the Nigerian Meteorological Agency (NiMET) has been suspended. The industrial action was called off on Thursday after a mee...

World Bank Appoints Dangote to Private Sector Investment Lab
Source: Business Post Nigeria

World Bank Appoints Dangote to Private Sector Investment Lab

By Modupe Gbadeyanka The World Bank Group has appointed a Nigerian businessman, Mr Aliko Dangote, to its elite group, the Private Sector Investment Lab, tasking him to drive investment and job creatio...

NNPC Audit to Commence Soon—Wale Edun
Source: Business Post Nigeria

NNPC Audit to Commence Soon—Wale Edun

By Adedapo Adesanya The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has announced that a forensic audit of the Nigerian National Petroleum Company (NNPC) Limited would...

No Image Available
Source: Standard Media

Warning lights flash at Nissan after monster profit warning

The road ahead looks treacherous for Nissan after the Japanese auto giant predicted an enormous loss just as US President Donald Trump's tariffs on car imports hit the industry....

The Impact of Live Betting on the Future of Sports Wagering
Source: Business Post Nigeria

The Impact of Live Betting on the Future of Sports Wagering

Live betting has changed how fans place wagers. It allows decisions during the match, not just before. This trend continues to grow fast in Ethiopia, especially with mobile users. Fans now interact wi...

Aldabaiba proposes three methods of fuel subsidy reform
Source: LibyaHerald

Aldabaiba proposes three methods of fuel subsidy reform

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, proposed three alternative methods to reforming the country’s current unsustainable fuel subsidies. The proposals came during his opening...

NIMASA to Disburse $700m Cabotage Fund Within Four Months
Source: Business Post Nigeria

NIMASA to Disburse $700m Cabotage Fund Within Four Months

By Adedapo Adesanya The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced plans to commence the disbursement of the $700 million Cabotage Vessel Financing Fund (CVFF) within th...

Removing Bottlenecks Boosting FX Inflows—Cardoso
Source: Business Post Nigeria

Removing Bottlenecks Boosting FX Inflows—Cardoso

By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says removing identified bottlenecks is helping the country in terms of foreign exchange inflows. He disclosed t...

Sports Betting Trends: What Bettors Are Focusing On
Source: Business Post Nigeria

Sports Betting Trends: What Bettors Are Focusing On

Over the past five years, the sports betting landscape across English speaking African regions has completely changed. For instance, Afropari.com notes that advances in technology in mobile phone and...

Shippers Council Reiterates Promise to Boosting Trade
Source: Business Post Nigeria

Shippers Council Reiterates Promise to Boosting Trade

By Adedapo Adesanya The Nigerian Shippers Council (NSC) has reiterated its commitment to prioritising shipping activities and promoting importers and exporters in the country. The Executive Secretary...

Exploring the Popularity of Online Slots Among African Players
Source: Business Post Nigeria

Exploring the Popularity of Online Slots Among African Players

Online slots at platforms like http://bizbet.africa/ have rapidly become a favourite form of digital entertainment for many players across Africa. This article explores the reasons behind their popula...

Nigeria Achieves Peak One Terabit Per Second Internet Traffic
Source: Business Post Nigeria

Nigeria Achieves Peak One Terabit Per Second Internet Traffic

By Adedapo Adesanya Nigeria has reached a historic peak in internet traffic, recording one terabit per second (Tbps) for the first time ever due to the rise in streaming interest. According to Interne...

You Are Too Poor for Pay-Per-View
Source: Business Post Nigeria

You Are Too Poor for Pay-Per-View

It is 8:30 pm on a Saturday. You have fought your way through Lagos traffic, spent too much on suya that burns more than it pleases, and finally settled in to watch the Champions League final. But not...

FG to Sell N1.2trn Bonds in Q2 2025
Source: Business Post Nigeria

FG to Sell N1.2trn Bonds in Q2 2025

By Aduragbemi Omiyale Between April and June 2025, the federal government intends to sell bonds between N900 billion and N1.2 trillion to investors. This information was revealed by the Debt Managemen...

UBN Property Sinks OTC Bourse by 0.48% at Midweek
Source: Business Post Nigeria

UBN Property Sinks OTC Bourse by 0.48% at Midweek

By Adedapo Adesanya UBN Property Plc further sank the NASD Over-the-Counter (OTC) Securities Exchange in the red territory by 0.48 per cent on Wednesday, April 23. The property investment company lost...

Naira Loses 35 Kobo Against Dollar at Official Market
Source: Business Post Nigeria

Naira Loses 35 Kobo Against Dollar at Official Market

By Adedapo Adesanya The Naira marginally depleted against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, April 23. During the session, it lost 35 Kobo or 0.02 p...

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