The Nigerian National Petroleum Company Limited (NNPC) has announced a strong 14 percent rise in its after-tax profit for the month of May 2025, reaching ₦1.054 trillion. This marks a …
Despite promises from the Ministry of Power that President Bola Ahmed Tinubu would meet with electricity generation companies over the N4.7 trillion debt owed to them, nearly two months have …
The Federal Government has introduced a major plan to change the Value-Added Tax (VAT) system in Nigeria. This new reform is aimed at giving states more control over VAT revenue …
In an effort to prevent a potential breakdown of law and order, the Nigerian Police Force has taken control of the national secretariat of the Peoples Democratic Party (PDP), Wadata …
President Bola Ahmed Tinubu has ordered a temporary suspension of the implementation of the controversial Financial Reporting Council (Amendment) Act 2023, which introduced new annual regulatory dues on large private …
Kenya has completed a major test of its ability to transmit 50 megawatts of electricity from Ethiopia to Tanzania through its national electricity grid. The successful trial is seen as …
Key players in Kenya’s blue economy are calling for united efforts to tap into the sector’s vast potential as a way of solving the growing youth unemployment crisis. The appeal …
Kenya has achieved its highest-ever position in the global startup ecosystem rankings, bolstered by a rapid growth rate of over 30 percent — the fastest among countries ranked between 51st …
The High Court in Kenya has ruled in favour of Wells Fargo Limited, dismissing a KSh 23.4 million claim filed by Equity Bank Kenya Plc over the theft of KSh …
Shareholders of Equity Group Holdings Plc have approved the bank’s plans to open a Representative Office in the United Arab Emirates (UAE), marking the first time a Kenyan lender will …