By Adedapo Adesanya Nigerian billionaire businessman, Mr Aliko Dangote, has signed an agreement with the Ethiopian government to build a $2.5 billion fertiliser plant in the latest move to expand his...
Nairobi becomes the fourth African destination in flynas' network, joining Addis Ababa, Entebbe, and Djibouti....
By Modupe Gbadeyanka A global technology company, Zoho, has introduced its proprietary large language model known as Zia LLM, trained specifically for business use cases, keeping privacy and governanc...
The customer buying vehicles from Toyota dealerships now has an option of Wesbank as their financier...
Acting Minister of Oil and Gas, Khalifa Abdel Sadig, met US Chargé d’affaires, Jeremy Berndt, at the Ministry’s Tripoli headquarters last Wednesday (27 August). The meeting focused on enhanci...
Tripoli based Libyan Acting Minister of Economy and Trade, Suhail Abu Sheha, held a meeting yesterday with the German Chargé d’affaires to Libya, Daniel Schimsky, to discuss economic and trad...
For years, besieged Kilmar Abrego Garcia worked as a construction worker in U.S. state of Maryland, where he lived with his wife and children. The Salvadoria...
By Adedapo Adesanya The Director-General of the National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa, has projected that the digital economy, using Artificial Intelligence (AI)...
Kenya is set to take centre stage in the global business calendar as it hosts the 9th edition of the prestigious Pacesetters International Awards (PIA) on September 12, 2025 in Nairobi....
By Modupe Gbadeyanka Nigerians will have to cough out more money to obtain their international passports because the Nigeria Immigration Service has increased the fees. In a statement signed on Thursd...
Kenya's energy regulator has proposed new rules that would force giant foreign oil and gas companies to enter partnerships with local firms and prioritise Kenyan goods and services....
Surveyors have protested and opposed plans by the government to come up with a new policy to value government assets....
The NEF is encouraging those venturing into the business space to knock on their door....
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has urged manufacturers to lead efforts in diversifying Nigeria’s foreign exchange earnings from crude oil dependence. The Governor of the apex ba...
It’s On, and it’s massive! ESPN Africa, available on DStv and GOtv, has secured the broadcast rights to the ROSHN Saudi League, delivering live action from one of the fastest growing and most electrif...
Kenya's energy regulator has proposed new rules that would force giant foreign oil and gas companies to enter partnerships with local firms and prioritise Kenyan goods and services....
Afreximbank the multilateral financial institution with a mandate to finance and promote intra- and extra-African trade, has signed a multibillion-dollar deal with Kenya...
Mergers and acquisitions (M&As) in the communication and non-essential consumer goods sectors are more likely to derive shareholder value, a new report shows....
The half-day training workshop themed "The rise of AI and its impact on journalism" took place in Nairobi, organised by Xinhua News Agency Africa Regional Bureau....
Prime Minister Abd Alhamid Aldabaiba received last Tuesday the UK Ambassador to Libya, Martin Longden, in the presence of the Prime Minister’s Financial Advisor, Mohammed Al-Shahoubi, and the...
By Modupe Gbadeyanka President Bola Tinubu on Thursday returned to Nigeria after travelling to Japan and Brazil for official functions. He landed at the Nnamdi Azikiwe International Airport in Abuja i...
By Adedapo Adesanya Mr Innocent Ike has been announced as the new chief executive of Access Holdings Plc, effective August 29, 2025, replacing Ms Bolaji Agbede, who held the acting role for the last 1...
By Adedapo Adesanya FrieslandCampina Wamco Nigeria helped the NASD Over-the-Counter (OTC) Securities Exchange up by 0.05 per cent on Wednesday, August 27. The milk producer was the solitary price gain...
By Adedapo Adesanya The Naira appreciated against the United States Dollar by 42 Kobo or 0.03 per cent in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Wednesday, August 27 to sell for N1...
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, and the Audit Bureau head, Khaled Shakshak discussed strengthening the role of the Audit Bureau in following up on government expenditure...
By Adedapo Adesanya The Nigerian Customs Service (NCS) has announced fresh measures to strengthen collaboration with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (...
By Aduragbemi Omiyale A new product has been launched into the Nigerian market by a leading innovative and sustainable building solutions company, Lafarge Africa Plc. The cement miller, renowned for t...
By Dipo Olowookere The key performance indicators of the Nigerian Exchange (NGX) Limited succumbed to profit-taking on Wednesday as they closed lower by 0.36 per cent. The midweek trading session was...
By Adedapo Adesanya Oil prices were up on Wednesday after data showed a large drop in US crude inventories and as investors weighed the potential impact of new tariffs on India by the US. Brent crude...
Libya’s Tripoli based Ministry of Health announced last Tuesday (26 August) the imminent launch of an advanced electronic system linked to the National ID Number aimed at eliminating the duplicati...
By Adedapo Adesanya Plans by the 650,000 barrels per day Dangote Refinery to start nationwide fuel delivery across Nigeria from this month has been delayed after facing logistics setbacks from Chinese...
The slower the buyers come, the slower you get to recoup your capital and invest in the next new project....
The government has made another attempt to further open up Kenyan skies to foreign carriers, giving them greater freedom and flexibility in flying into Kenya....
The Continental Energy and Infrastructure Investment Forum is under way in Sun City....
Risk-Based Credit Pricing Model, which kicks in on September 1, seeks to eliminate opacity while creating a fairer, more competitive lending environment....
The slower the buyers come, the slower you get to recoup your capital and invest in the next new project....
Orthodox tea will now be offered at the Mombasa Tea Auction, Tea Board of Kenya (TBK) Chief Executive Willy Mutai has said....
BANGKOK, THAILAND – Following her previous series Journey to Tranquility, which explored a personal quest for inner peace through imagined natural landscapes from seas, skies and mountains to tr...
LONDON, UK – Media OutReach Newswire – 27 August 2025 – Momcozy, a leading maternity and baby brand trusted by over 3.6 million mothers worldwide, is proud to announce that its Ergon...
Smarter experiences, automatically. Stay equipped with the latest AI-driven features. SINGAPORE – Media OutReach Newswire – 28 August 2025 – Arlo Technologies, Inc. (NYSE: ARLO), a l...
In this brutal calculus, the region loses over $415 million (Sh53.535 billion) annually to IUU fishing, a staggering drain on both economies and ecosystems....
This marks a dramatic collapse of a firm that once promised affordable housing but left investors with undelivered homes and lost savings in the millions of shillings....
The measures were implemented on a pilot basis, beginning 1 March 2025, following what Kephis termed "extensive consultations" with industry players....
The new property marks a major milestone as the first internationally branded five-star hotel to open in Somaliland....
By Adedapo Adesanya The President of the Lagos Chamber of Commerce and Industry (LCCI), Mr Gabriel Idahosa, has declared Nigeria as the next frontier for investments amid recent disruptions and shifts...
By Aduragbemi Omiyale Certain measures are being taken by the management of Dangote Group to curb auto crashes and one of them is the installation of cameras across its fleet of thousands of CNG truck...
By Adedapo Adesanya President Bola Tinubu is expected to officially unveil Nigeria’s revised National Counter-Terrorism Strategy in October, following an extensive review process designed to align the...
By Aduragbemi Omiyale A leading maker and distributor of industrial and medical gases, Industrial and Medical Gases (IMG) Plc, has commenced a rights issue aimed at raising funds for its expansion pla...
Three storytellers and technology experts have collaborated to utilise video games and virtual reality in raising awareness about conservation efforts in Africa....
The Nairobi Coffee Exchange netted Sh638.8 million after the sale of 9,886 bags of coffee, as the stakeholders celebrated the high prices....
Transports have decried delays in the evacuation of cargo from the Port of Mombasa, warning that the problem could spiral to a total gridlock at the facility....
By Adedapo Adesanya Access Holdings Plc has announced that Mr Roosevelt Ogbonna, a Non-Executive Director, has stepped down from the board after three and a half years of service. The announcement was...
By Aduragbemi Omiyale Customers of Fidelity Bank Plc can now “spend up to $1,000 quarterly for international POS and online transactions,” the lender’s Divisional Head of eBanking, Ms Ifeoma Onibuje....
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has mandated Point of Sale (PoS) operators to geotag their terminals within 60 days or risk being shut down. In a circular released on August 25,...
By Modupe Gbadeyanka The Special Adviser to Governor Babajide Sanwo-Olu of Lagos State on Tourism, Arts and Culture, Mr Idris Aregbe, has sought the participation of a Chinese delegation for the 72 Ho...
The General Authority for Telecommunications and Informatics announced yesterday the launch of the Libyan National Frequency Allocation Plan (LNFP 2025). The Authority says this comprehensive regul...
At an official ceremony at its Tripoli headquarters, the Ministry of Planning yesterday launched the “Libya Vision 2050” project. Hosted by Planning Minister Mohamed Al-Zaidani, the cer...
Interpol’s June to August operation in Angola, Zambia and Ivory Coast leads to the recovery of over $97.4 million. Sleuths from 18 countries in Africa...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.15 per cent on Tuesday, August 23 after two price losers overpowered five price gainers. This brought down the market...
Misrata Free Zone (MFZ) announced yesterday that Qatari shipping company Milaha launched its first maritime voyage to Libya through the Misrata Free Zone Port with the docking of its vessel “...
By Adedapo Adesanya The Naira came under foreign exchange (FX) pressure on Tuesday, August 26, as its value further weakened against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (N...
The Tripoli based Libyan Ministry of Marine Resources confirmed Monday that based on advice by its Minister to Prime Minister Abd Alhamid Aldabaiba, the Prime Minister has issued instructions to th...
By Adedapo Adesanya The two major oil grades in the global crude oil market declined by about 2 per cent on Tuesday as investors watched developments around US tariffs, the war in Ukraine and the pote...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further appreciated by 0.23 per cent on Tuesday despite witnessing profit-taking in the insurance sector. The index for shares under the underwri...
The Embassy of the People’s Republic of China in Libya confirmed yesterday that the reports circulating on some social media pages regarding the cancellation of visa requirements for Libyan p...
Kenya Airways (KQ) has slid back into loss-making, reporting a net loss of Sh12.15 billion for the half year to June 30 this year, from a profit of Sh513 million reported last year....
The boda boda industry which is largely informal has been growing tremendously, and so are the accident risks, causing a massive loss for owners, operators and also their victims....
By Stephen Manzini A delegate from South African will be at the upcoming BRICS+ Fashion Summit, a major international platform shaping the future of the global fashion industry, taking place in Moscow...
We live in a world where happiness is often sold to us with a price tag. A new phone, a bigger car, a better wardrobe—advertisers make us believe these things will make us feel complete. But here’s th...
You probably think you’re in full control of your spending decisions, right? You decide what to buy, when to invest, and how to save. But here’s the uncomfortable truth: social media algorithms are qu...
By Adedapo Adesanya Nigeria recorded a 46 per cent decline in variant poliovirus cases compared to the previous year, according to the National Primary Healthcare Development Agency (NPHCDA). The NPHC...
The smell of hot street coffee in Kisumu streets fills the air. For many, it is a quick, affordable drink to warm the body and start the day....
The Office of the Data Protection Commissioner is mulling a sandbox where digital credit providers (DCPs) can host new technologies....
SMEs in Asia and Africa are set to get more financing after the Japan International Cooperation Agency (JICA) announced a $40 million (Sh5.2 billion) investment....
M-Pesa, one of the most successful innovations in Kenya could not gain traction in South Africa (SA)....
Eight products were selected as finalists and will compete for the best new seafood product at Seafood Expo Asia, taking place 10-12 September in Singapore. SINGAPORE – Media OutReach Newswire &...
The Next Generation of HID’s FIDO Portfolio Features Hardware Authenticators and a Centralized Management Experience that Simplifies Passkey Deployment HONG KONG SAR – Media OutReach Newswire &#...
SINGAPORE – Media OutReach Newswire – 27 August 2025 – Marking 30 years of excellence in education, EtonHouse International Education Group, together with E-Bridge Pre-School, has pl...
Targeting the Multi-Trillion Dollar Longevity Market HONG KONG SAR – Media OutReach Newswire – 27 August 2025 – Jupiter Neurosciences, Inc. (NASDAQ: JUNS) (“Jupiter” or t...
By Adedapo Adesanya The Nigerian Navy has uncovered and neutralized an illegal petroleum products camp in Bonny, Rivers State, seizing over 105,000 litres of Automotive Gas Oil (AGO) illegal bunkering...
By Aduragbemi Omiyale In order to curb informal trade, boost local processing, protect and grow Nigeria’s Shea industry, President Bola Tinubu has ordered the immediate ban of raw Shea nut export for...
Kenya Airways (KQ) has slid back into loss-making, reporting a net loss of Sh12.15 billion for the half year to June 30 this year, from a profit of Sh513 million reported last year....
Safaricom PLC has reaffirmed its position as a trusted technology partner for businesses of all sizes since marking 16 years of supporting enterprises in Kenya....
The boda boda industry which is largely informal has been growing tremendously, and so are the accident risks, causing a massive loss for owners, operators and also their victims....
HF Group nearly doubled interest income on government paper in the six months to June 2025, raising its profit before tax by 148 per cent to Sh702.9 million....
By Adedapo Adesanya Spotify has introduced a direct messaging feature that allows users to share music, podcast, and audiobook recommendations with other people without leaving the app. The feature kn...
Pityana cites personal reasons for stepping down, amid questions on Commission’s reform efforts....
Football fans are in for a thrilling midweek as Europe’s most intense knockout drama takes centre stage in Champions League play-offs and Carabao Cup clashes. The games will be broadcast live on Supe...
His Highness Prince Rahim Aga Khan, the 50th hereditary Imam (spiritual leader) of the Shia Ismaili Muslims, is in Kenya for a three-day official visit that mixes diplomacy, herita...
By Adedapo Adesanya About N4.57 billion in pension funds have been recovered from defaulting employers between the first quarter of 2024 and the first quarter of 2025 by the National Pension Commissio...
By Timi Olubiyi, PhD In Lagos, Nigeria, like other African cities, Johannesburg, Cairo, and Nairobi, among others, the pressure to appear rich has reached disturbing heights. Amid a backdrop of rapid...
By Modupe Gbadeyanka A new all-in-one insights platform, TikTok for Artists, has launched in Nigeria to provide artists, their labels, and their teams with the data and tools needed to better understa...
By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has kicked against an alleged reintroduction of the controversial 4 per cent Free on Board (FOB) charge by the Nigeria Customs Servic...
By Adedapo Adesanya Nigeria’s pioneering telecoms operator, ntel (formerly NITEL), is eyeing a return from dormancy, with a preliminary target of first quarter of 2026. According to a report from a te...
By Aduragbemi Omiyale Leading cement maker, Dangote Cement Plc, has been commended by the Ogun State Internal Revenue Service (OGIRS) for being a responsible corporate citizen, which contributes immen...
KQ CEO Kilavuka cites capacity and maintenance challenges....
With a relatively high excise taxation, it is difficult for a consumer to have a glass of wine or a bottle of wine when compared to a beer or a local spirit, the cost differential is so high....
By Adedapo Adesanya Between June 2024 and June 2025, Nigeria overtook Egypt to become the second-largest importer of solar panels in Africa, with 1,721 MW of solar panel imports, according to a new an...
By Modupe Gbadeyanka The deadline for entries for the 2025 Maltina Teacher of the Year competition has been extended to Friday, September 5 from Friday, August 22, a statement from the organisers has...
Libya’s state National Oil Corporation (NOC) revealed today that it had held a coordination meeting in London with US oil giant Chevron Corporation to discuss technical and investment cooperation i...