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Last updated: 2025-05-02 21:03:29
Pope Francis Dies at 88 After Protracted Illness
Source: Business Post Nigeria

Pope Francis Dies at 88 After Protracted Illness

By Adedapo Adesanya Pope Francis has died at the age of 88 after battling illness in the last couple of months. The Vatican announced his demise on Monday morning, a day after Easter. The pontiff, who...

Ojulari, Lokpobori Promise Synergy to Drive Oil and Gas Sector
Source: Business Post Nigeria

Ojulari, Lokpobori Promise Synergy to Drive Oil and Gas Sector

By Adedapo Adesanya The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bashir Bayo Ojulari, has pledged unwavering commitment to forging strategic partnerships with crit...

Kwairanga Sees Dangote Refinery, NNPC Listing on NGX Soon
Source: Business Post Nigeria

Kwairanga Sees Dangote Refinery, NNPC Listing on NGX Soon

By Adedapo Adesanya The Chairman of the Nigerian Exchange (NGX) Group Plc, Mr Umaru Kwairanga, has expressed optimism about the listing of the $20 billion Dangote Refinery and the Nigerian National Pe...

Popular Gospel Artist Big Bolaji Dies
Source: Business Post Nigeria

Popular Gospel Artist Big Bolaji Dies

By Dipo Olowookere A famous Nigerian gospel singer, Mr Bolaji Olarewaju, otherwise known as Big Bolaji or Big B, has died after a brief illness. A statement from his family confirmed the death of the...

How to Get a Web3 Job Without Coding Experience
Source: Business Post Nigeria

How to Get a Web3 Job Without Coding Experience

The Web3 industry, built on blockchain technology and decentralized systems, is booming, offering exciting career opportunities for professionals from diverse backgrounds. While technical roles like b...

Coffee farmers oppose new payment proposal
Source: Standard Media

Coffee farmers oppose new payment proposal

The controversial proposal of paying coffee farmers through the Direct Settlement System (DSS) has been rejected by the growers....

Nigerian Government Launches Committee to Slash Food Cost by 50%
Source: Business Post Nigeria

Nigerian Government Launches Committee to Slash Food Cost by 50%

By Adedapo Adesanya The Nigerian government has inaugurated a special inter-ministerial committee on research and innovation to ensure food security in Nigeria and slash the cost of food by 50 per cen...

FG Promises Payment of 50% of N4trn Gencos Debt
Source: Business Post Nigeria

FG Promises Payment of 50% of N4trn Gencos Debt

By Adedapo Adesanya The federal government has made a pledge to electricity generating companies known as Gencos on the payment of 50 per cent of a N4 trillion debt to avert a promised halt in electri...

MTN Nigeria Rebrands Fibre Broadband Package to FibreX
Source: Business Post Nigeria

MTN Nigeria Rebrands Fibre Broadband Package to FibreX

By Dipo Olowookere The fibre broadband service of MTN Nigeria, MTN Fibre Broadband, has been rebranded to MTN FibreX as part of the company’s commitment to providing ultra-fast, reliable, and accessib...

SEC to go Tough on Illegal Investment Schemes After CBEX Crashing
Source: Business Post Nigeria

SEC to go Tough on Illegal Investment Schemes After CBEX Crashing

By Adedapo Adesanya The Securities and Exchange Commission (SEC) is moving to apply a more forceful and coordinated enforcement regime against unregistered and illegal “phony” investment schemes, othe...

NSIA Grows Nigeria’s Sovereign Wealth Fund by 56% in 13 Years
Source: Business Post Nigeria

NSIA Grows Nigeria’s Sovereign Wealth Fund by 56% in 13 Years

By Adedapo Adesanya The Nigeria Sovereign Investment Authority (NSIA) has reported that the country’s sovereign wealth fund grew by 56 per cent from an initial $1.82 billion in 2011 to a net ass...

US China trade war to drag global economy into recession
Source: Standard Media

US China trade war to drag global economy into recession

Chinese suppliers this week have been exposing the actual wholesale prices for world-renowned brands, appealing for US consumers to order their products directly from them online...

Unlisted Securities Exchange Soars 0.47%
Source: Business Post Nigeria

Unlisted Securities Exchange Soars 0.47%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.47 per cent on Thursday, April 17 on the back of gains recorded by three stocks in the final session before the Easter...

23 Equities Raise Customs Street by 0.37%
Source: Business Post Nigeria

23 Equities Raise Customs Street by 0.37%

By Dipo Olowookere A 0.37 per cent growth was recorded by Customs Street on Thursday, the last trading session of the week because of the public holiday declared by the federal government for Good Fri...

Naira Heads into Easter Break With 0.2% Gain, Trades N1,599/$1
Source: Business Post Nigeria

Naira Heads into Easter Break With 0.2% Gain, Trades N1,599/$1

By Adedapo Adesanya The value of the Naira improved against the United States Dollar by 0.2 per cent or N3.23 at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, April 17, trading...

Crude Oil up 3% on Possible US-Europe Trade Deal Signals
Source: Business Post Nigeria

Crude Oil up 3% on Possible US-Europe Trade Deal Signals

By Adedapo Adesanya Crude oil went up by more than 3 per cent on Thursday, supported by hopes for a trade deal between the United States and the European Union and new US sanctions to curb Iranian oil...

Nominations Open for Wave 2 of ACES Awards 2025
Source: Business Post Nigeria

Nominations Open for Wave 2 of ACES Awards 2025

Malaysia’s Changemakers Continue to Set the Bar for Leadership and Sustainability KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 April 2025 – As Kuala Lumpur prepares to host the 46...

Hong Kong: A whole new world of sportainment
Source: Business Post Nigeria

Hong Kong: A whole new world of sportainment

HONG KONG SAR – These two very different events achieved the same result: a resounding success that has launched an exciting new era of sportainment in Hong Kong. “It was amazing. People w...

Amur Gas Chemical Complex 75% Complete, Reports SIBUR
Source: Business Post Nigeria

Amur Gas Chemical Complex 75% Complete, Reports SIBUR

MOSCOW, RUSSIA – Media OutReach Newswire – 18 April 2025 – SIBUR, Russia’s largest producer of polymers and rubber, announces that its Amur Gas Chemical Complex (Amur GCC) is now 75%...

State taps new team to review Sacco laws
Source: Standard Media

State taps new team to review Sacco laws

CS Oparanya revealed that the team will be chaired by Marlene Shiels, Chief Executive of Capital Credit Union, Scotland....

Afrexim pushes for Africa trade bloc as protectionism bites
Source: Standard Media

Afrexim pushes for Africa trade bloc as protectionism bites

The African Export-Import Bank is urging African nations to aggressively pursue internal trade integration through AfCFTA as a critical buffer against a rising tide of global protectionism....

FAAC Disbursement for April 2025 Drops to N1.578trn
Source: Business Post Nigeria

FAAC Disbursement for April 2025 Drops to N1.578trn

By Aduragbemi Omiyale The amount shared by the federal government, the 36 state governments and the 774 local government areas of the federation from the Federation Account Allocation Committee (FAAC)...

Nigeria, South Africa Sign Agreement to Boost Mining
Source: Business Post Nigeria

Nigeria, South Africa Sign Agreement to Boost Mining

By Adedapo Adesanya Nigeria and South Africa have signed a Memorandum of Understanding (MoU) to boost mining cooperation, focusing on investment, knowledge exchange, and technology transfer. The agree...

Onne Port Customs Generates N190.57bn in Q1 2025
Source: Business Post Nigeria

Onne Port Customs Generates N190.57bn in Q1 2025

By Adedapo Adesanya The Nigeria Customs Service (NCS) has announced that it generated N190,569,212,397.42 from January to March 2025, at Onne port, Rivers State. The Customs Comptroller for Area II Co...

ARM-Harith Secures £10m to Unlock Nigerian Pension Funds
Source: Business Post Nigeria

ARM-Harith Secures £10m to Unlock Nigerian Pension Funds

By Modupe Gbadeyanka About £10 million has been injected into ARM-Harith’s Climate and Transition Infrastructure Fund (ACT Fund) to unlock local institutional capital for climate infrastructure....

EFCC Gives Lifeline to CBEX Investors
Source: Business Post Nigeria

EFCC Gives Lifeline to CBEX Investors

By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) is investigating an alleged fraud perpetrated on thousands of Nigerians by a digital investment platform, CryptoBank Exchange (C...

Afreximbank Disburses $50bn to Nigeria in 19 Years
Source: Business Post Nigeria

Afreximbank Disburses $50bn to Nigeria in 19 Years

By Adedapo Adesanya The Africa Export-Import Bank (Afreximbank) disbursed $50 billion for the execution of various projects in Nigeria in the last 19 years, the President of the Cairo-based lender, Mr...

NASD OTC Exchange Closes in Stalemate at Midweek
Source: Business Post Nigeria

NASD OTC Exchange Closes in Stalemate at Midweek

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Wednesday, April 16, as the market capitalisation remained unchanged at N1.915 trillion as well as the NASD Unlis...

Libyan French Business and Development Forum held in Tripoli
Source: LibyaHerald

Libyan French Business and Development Forum held in Tripoli

The Libyan French Business and Development Forum was held in Tripoli yesterday. The forum was organised by Business France, in cooperation with the Libyan French Chamber, and under the supervision...

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Source: Standard Media

Kenya Airways forced to divert flights over fog

Kenya Airways diverts flights scheduled for JKIA, Nairobi, to Mombasa and Kilimanjaro due to poor visibility caused by bad weather....

0.68% Loss Drops NGX All-Share Index Below 104,000 Points
Source: Business Post Nigeria

0.68% Loss Drops NGX All-Share Index Below 104,000 Points

By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered a 0.68 per cent loss on Wednesday as profit-taking in the banking space continued. Data showed that the banking index went down by 4.67...

Trump tariffs provoke growing economic uncertainty
Source: Standard Media

Trump tariffs provoke growing economic uncertainty

Concern over the economic fallout from Trump's global tariffs mounted Wednesday, with Fed Chair Jerome Powell's warning of higher inflation sending stock markets tumbling....

Loft Logistics Ventures into Malaysia with New Warehouse
Source: Business Post Nigeria

Loft Logistics Ventures into Malaysia with New Warehouse

SINGAPORE – Media OutReach Newswire – 17 April 2025 – Loft Logistics, a 3PL logistics service provider in Singapore, is proud to announce its business expansion into Malaysia with a...

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