The new facility is available at competitive interest rates, with a repayment period of up to 25 years....
The lack of data on the number of landlords and rental properties in the country has been cited as a major hindrance to bringing them into the tax net....
Trump's trade war with China has also intensified with tit-for-tat exchanges...
Parliament managed to pass the fiscal framework with the slight margin early this month....
By Adedapo Adesanya Spotify users in Nigeria and around the world are currently experiencing challenges with the music streaming app. Checks by Downdetector, which tracks platforms, showed more than 2...
The opening aims to connect with the local community while highlighting the brand's dedication....
By Aduragbemi Omiyale Mr Peter Maila has been appointed as the chief executive of Zvilo Africa, with the mandate to strengthen the company’s market footprint on the continent and help the business go...
By Adedapo Adesanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed that the daily importation of Premium Motor Spirit (PMS), known as petrol, dropped by 67...
Equity Group Holdings Chief Executive James Mwangi has received the Freedom of the City of London Award....
By Ewajesu Akinola Medical negligence refers to a situation in which a healthcare provider deviates from the accepted standard of care, resulting in harm or injury to a patient. It is the failure of a...
By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has said the US imposition of 14 per cent tariff on imported products may have a significant impact on Nigeria’s trade and industrial...
By Modupe Gbadeyanka The need to serve Africans living in the United Kingdom with easy, fast, and reliable remittances from to Nigeria has inspired Moniepoint to introduce a remittance product known a...
By Adedapo Adesanya Nigeria issued 47 Licenses to Establish (LTE) and 30 Licenses to Construct (LTC) refineries in the last year as it seeks to boost oil production in the country. The move, according...
ICT Cabinet Secretary William Kabogo has said the government is working to ensure high-speed internet connectivity across the country, with the laying of cables underway....
Small-scale tea holder factories fetched Sh1 billion after the sale of 4,403,251kg....
Finance Minister Enoch Godongwana says parties' proposals on how to generate revenue have merit....
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, met on Tuesday with the European Union Ambassador to Libya, Nicola Orlando, to discuss several issues of mutual interest, most notably th...
The Attorney General’s Office reported yesterday the Tripoli Criminal Court sentenced a drug smuggler to life imprisonment. He was imprisoned for deliberately importing cannabis seeds using c...
The Chairman of the Administrative Control Authority (ACA) issued Decision No. (173) of 2025 yesterday ordering the provisional suspension of the following individuals: The ACA said the suspensions...
The Tripoli based Libyan Minister of Transport (and Financial Advisor to the Prime Minister) Mohamed Al-Shahoubi, received the Maltese Ambassador to Libya, Charles Saliba at his Tripoli Ministry ye...
What if the problem isn’t that there’s nothing to watch but that you’ve just not found it yet? Tunde has a ritual. Every evening after work, he slumps into his couch, picks up the remote, and begins t...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.21 per cent on Tuesday, April 15, helped by three stocks on the trading platform. During the session, the NASD Unliste...
The Central Bank of Libya issued instructions yesterday to Libyan commercial banks to begin issuing certificates of deposit. It is speculated that they will be set at a rate of 5 percent return on...
By Adedapo Adesanya The Naira appreciated against the US Dollar by 0.24 per cent or N3.85 at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, April 15, closing at N1,601.40/$1 compa...
Financial experts pointed out that duplicated roles within government, wastage of resources, and inefficiencies are major areas that need to be considered to reduce government expenditure....
By Adedapo Adesanya The acquisition of the National Bank of Kenya by Access Bank Plc may linger a bit because securing the approval of the Central Bank of Nigeria (CBN) may be a challenge despite its...
By Aduragbemi Omiyale An initiative aimed to challenge business leaders and innovators to transcend current horizons has been introduced by Stanbic IBTC Bank through a thematic campaign known as There...
The bank notes that household spending is expected to underpin economic activity....
By Dipo Olowookere The Nigerian Exchange (NGX) Limited bounced back to the green territory on Tuesday with a 0.03 per cent growth amid a bearish market sentiment. Data showed that the bourse finished...
By Adedapo Adesanya Oil prices fell slightly on Tuesday as investors weighed US President Donald Trump’s tariffs and tried to figure out how much the US-China trade war could reduce global econo...
Information asymmetry, whereby one party in a transaction or relationship has more or better information than the other....
The annual World Day for Safety and Health at Work will be marked on April 28 this year. It promotes the prevention of occupational accidents....
Zuckerberg testified for a second day in a landmark US antitrust trial, defending his conglomerate Meta against accusations it took over Instagram and WhatsApp to devour budding competitors....
SBM Bank Kenya Ltd posted an after-tax profit of Sh12.4 million in the first quarter of 2025, reversing a Sh370 million loss recorded last year....
Company has been involved in lucrative State deals including G2G oil import tender. Tullow has been trying to get a strategic partner for its operations in Turkana fields....
Manufacturers want the State CGS for small businesses to be increased by Sh15 million and the repayment period extended to eight years....
HAIKOU, CHINA – Media OutReach Newswire – 15 April 2025 – The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirme...
MANILA, PHILIPPINES – Media OutReach Newswire – 16 April 2025 – In a region rich with ambition, the Philippines continues to lead with sustainability and purposeful leadership. The A...
By Adedapo Adesanya The Nigerian government has officially gazetted and transmitted the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade Area (AfCFTA) to th...
By Adedapo Adesanya The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has instructed the Nigerian Maritime Administration and Safety Agency (NIMASA) to initiate the long-awaited disburse...
Easter is almost here, and with it comes the perfect opportunity to escape the everyday hustle and embark on a memorable adventure. Whether you’re craving some ‘chilling’ time, quali...
By Adedapo Adesanya Nigeria’s inflation rate edged up to 24.23 per cent in March, according to the National Bureau of Statistics (NBS) on Tuesday. It was the first time since the Consumer Price Inde...
By Modupe Gbadeyanka To support innovative solutions that enhance financial accessibility and security in the digital asset ecosystem, Tether has made a strategic investment in a financial technology...
Prudential Assurance has announced plans to recruit and train more than 5,000 sales agents across Kenya over the next five years....
Tech champions have rooted for the use of artificial intelligence (AI) to ease operations and cut costs across the continent....
The global coffee industry for many years, it has been dominated by multinational corporations and male-led enterprises....
Mobile communication remains an essential component of our daily lives in the fast-paced digital age....
A senior Kenyan diplomat has called for the retraining of African diplomats to effectively navigate the evolving international landscape....
The Kenya Bankers Association has joined forces with the Chartered Institute for Securities & Investment to elevate standards in credit risk management within Kenya's banking sector....
Kenya cannot have a thriving textile Industry and at the same time remain a favourite export destination for second hand clothes....
Ramaphosa is on a two day oversight visit to the Nelson Mandela Bay metro....
Forex trading is booming across Nigeria, drawing in thousands of new traders eager to make money from currency markets. This beginner-friendly guide explains how to get started, where to learn the bas...
By Adedapo Adesanya Fitch Ratings has projected Nigeria’s external debt service to reach $5.2 billion this year from $4.7 billion in 2024, though it maintained a stable outlook for the country in its...
North West and Matlosana are launching the Urban Blue Gas Power project for energy solutions....
By Adedapo Adesanya The Katsina State government has attracted an investment worth about $500 million for the development, financing and execution of a series of major energy infrastructure projects a...
Presidency announced the appointment of Mcebisi Jonas as the special envoy....
SA government calls on the G20 Working Group nations to find solutions to illicit financial flows....
Days after U.S. President Donald Trump imposed a ten percent tariff on all goods exported from Kenya and other African countries, the manufacturing sector is facing potential job cuts....
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange opened the week on a sad note after it depreciated by 0.41 per cent on Monday, April 14. The loss was influenced by the decline...
Belgassem Khalifa Haftar, Director General of the eastern based Libya Development and Reconstruction Fund, signed several contracts for the implementation of new development projects with LIPCO Con...
By Aduragbemi Omiyale Offices of a popular Ponzi scheme operator, CBEX, in Ibadan and a few other places in Nigeria have been looted by some aggrieved investors. This followed news that the company ha...
By Adedapo Adesanya The Naira further strengthened against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, April 14, by N5.83 or 0.36 per cent to settle at N1,605.2...
Zawia Oil Refining Company launched yesterday the development project for its industrial oil blending and packaging plant, in the presence of representatives from the German company GTG. This effor...
Kotecha, who sued alongside its director Hemal Kotecha, had moved to the Court of Appeal, arguing that Justice Cherere did not give them a fair trial in a case filed by Amalo and Company Ltd....
Decision to implement proposed VAT increase rests solely with Finance Minister Enoch Godongwana....
By Dipo Olowookere The first trading session of this week at Customs Street ended with a marginal 0.03 per cent loss on Monday following profit-taking in financial and energy sectors. The counters clo...
By Adedapo Adesanya The oil market was slightly up on Monday on the back of exemptions for some electronics from US tariffs and data showing a sharp rebound in China’s crude imports in March. Du...
Across Africa, governments and private sector players have poured significant investments into digital infrastructure-from sprawling fibre optic networks to booming mobile payments platforms....
Acquisition of National Bank of Kenya by Access Bank Kenya was approved by CBK on April 4, and subsequently by the National Treasury Cabinet Secretary on April 10....
Over the past decade, Kenya's health sector has undergone significant policy evolution, shaped by two major national development frameworks - the Big Four Agenda and the BETA....
By Adedapo Adesanya The Lagos State government has expressed concerns over the growing number of rickety vehicles operating on Lagos roads, saying they pose a risk to commuters and road users in the c...
The digital revolution has impacted numerous industries, and online betting is among them. In Nigeria, technology is changing the manner in which gamblers engage in popular games such as Aviator. This...
By Adedapo Adesanya Nigeria’s oil output decreased by 4.1 per cent to 1.40 million barrels per day in March from 1.46 million bpd in the previous month, according to the Organisation of the Petroleum...
By Dipo Olowookere Additional shares of First HoldCo Plc worth about N149.6 billion have been listed on the Nigerian Exchange (NGX) Limited. The fresh equities were introduced to the stock exchange on...
HANOI, VIETNAM – Media OutReach Newswire – 14 April 2025 – The Center of Allergy and Clinical Immunology under the Vinmec Healthcare System has officially been chosen as a World Alle...
Hong Kong Students Pave the Future for Various Industries with AI After an 8-month innovation journey, with the record-breaking number of participating teams tripled compared to last year, the Univers...
BUEA, CAMEROON – Media OutReach Newswire – 14 April 2025 – In a major milestone for African journalism, three reporters from Pan African Visions (PAV) have been honored with internat...
HANOI, VIETNAM – Media OutReach Neswire – 14 April 2025 – Together with world-renowned scientists including Prof. Joel F. Habener, Prof. Jens Juul Holst and Assoc. Prof. Svetlana Moj...
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 April 2025 – In online trading, speed is king. Below, the experts at Octa, a regulated and trusted broker since 2011, break down...
Kenya Revenue Authority (KRA) has launched a patrol boat for their Marine Unit fleet to enhance the fight against illicit trade and maritime border security....
The Ministry of Energy is pushing for the conversion of privately owned cooking gas handling facilities into common user infrastructure as part of strategy to drive up LPG usage in the country....
The reduction of fuel prices was helped by a mix of factors, including the decline in the cost of products globally as well as the government-to-government deal....
Businessman Bruno Oguda Obodha, who had previously been appointed by President William Ruto to be managing director of East Africa Portland Cement Company, has now been charged with fraud....
Super Metro Limited has announced a suspension of its services for the next three days....
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has reiterated its commitment to the growth of the Small and Medium Enterprises (SMEs) sector. This was made known by the Acting Director for Corp...
Ship-to-shore cranes are also safer to operate than other types of cranes....
Fuel prices decrease in the latest EPRA review, super petrol price down by Sh1.95 to retail at Sh174.63, diesel Sh164.86 and and Kerosene Sh148.99 per litre in Nairobi....
The 17.5 % salary increases will be implemented in tranches over the next three years....
Fuel prices decrease in the latest EPRA review, super petrol price down by Sh1.95 to retail at Sh174.63, diesel Sh164.86 and and Kerosene Sh148.99 per litre in Nairobi....
Eskom stabilises grid as it prepares for harsh winter using planned maintenance....
By Adedapo Adesanya The Minister of Solid Minerals Development, Mr Dele Alake, has called on foreign investors to consider Nigeria amid prevailing barrage of tariffs imposed by the United States, whic...
By Aduragbemi Omiyale Dangote Industries Limited (DIL) has been commended for its contribution to the growth of Nigeria’s economy and general Arica’s development. This applause came from the Enugu Cha...
By Victor Benjamin Health is wealth,” a common adage echoing through Nigerian communities, encapsulates the fundamental importance of well-being. President Bola Tinubu’s administration app...
By Adedapo Adesanya Arnergy, a cleantech startup, has raised a $15 million Series B extension, on top of a $3 million B1 round last year, bringing its total for the round to $18 million to boost solar...
By Saifullahi Attahir If there was ever anything that gave me goosebumps and immense pleasure, it was being surrounded by intellectuals and mature minds absorbing facts and figures about governance, e...
By Adedapo Adesanya The total value of stocks at the NASD Over-the-Counter (OTC) Securities Exchange increased by 0.40 per cent or N9.21 billion to N1.919 trillion in the 15th trading week of 2025 fro...
Ramaphosa says the country will continue to advocate for a level playing field in global trade....
By Modupe Gbadeyanka The British government has promised to support a Nigerian financial technology (fintech) firm, Moniepoint Incorporated, to enhance trade and investment partnerships between the tw...
By Adedapo Adesanya The Central Bank of Kenya (CBK) and the National Treasury have approved Access Bank’s acquisition of the National Bank of Kenya, one year after the deal was announced. The lenders...
By Dipo Olowookere Last week, investors traded 2.094 billion shares worth N52.967 billion in 64,612 deals on the floor of the Nigerian Exchange (NGX) Limited compared with the 1.183 billion shares val...