12 July 2025
- Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, says efforts to revive Nigeria’s state-owned refineries are becoming “a bit more complicated.”
12 July 2025
- Title: U.S. Downsizes Nigerian Visa Validity as Diplomatic Gaps Persist Topline: The United States has revised its visa policy for Nigerian travelers, slashing the validity period of most non-diplomatic, non-immigrant visas to three months with single-…
12 July 2025
- JULY 12 – More than 1,000 employees of the US State Department have been laid off as part of the Trump administration’s efforts to reduce its federal workforce. The involuntary staff reductions included 1,107 civil service and 246 foreign service…
12 July 2025
- LAIKIPIA, Kenya, July 12 – The government is seeking to expand coffee farming to additional regions across Kenya as part of a broader strategy to revive the once-thriving sub-sector and increase national production. Speaking during a sensitization…
12 July 2025
- In addition to start-ups, the Finance Act 2025 has granted lengthy tax holidays and dividend tax exemptions to large corporates investing through the NIFC.
12 July 2025
- Botswana has announced that it will allow its pula currency to depreciate by 2.76% over the next 12 months, a steeper adjustment than previously planned.
12 July 2025
- The Kenya Revenue Authority (KRA) has introduced a new rule requiring all imported goods to be accompanied by a Certificate of Origin from the exporting country.
11 July 2025
- While not every African country saw gains in English proficiency, the region as a whole made progress, particularly among women, who continue to outperform men.
11 July 2025
- In a monumental leap for Zimbabwe's clean-tech ambitions, Verify Engineering (Pvt) Ltd, a state-owned enterprise under the Ministry of Higher and Tertiary Education, Innovation, Science, and Technology Development, has achieved a zero-failure rate on…
11 July 2025
- Standard Bank CEO Sim Tshabalala says there is a pressing need for Africa’s banks to step in and plug the continent’s $85 billion infrastructural gap.
11 July 2025
- According to the projections by the fund, if Deb invested Ksh1 million in the Oak Special Fund in January 2025, her investment would have yielded her Ksh107,162 in returns within 6 months.
11 July 2025
- Topline A 40-year-old purse that inspired the world’s most prestigious line of handbags sold at a Sotheby’s auction in Paris on Thursday morning for €8.6 million ($10.1 million) after fees to an unidentified Japanese bidder after more than 10 minutes…
11 July 2025
- The United States has dismissed speculation that its recent reduction in visa validity for most Nigerian applicants is politically motivated or connected to Nigeria’s foreign policy positions, including its resistance to U.S. deportation programs or…
11 July 2025
- It was once a passing phase–a brief brush with tiredness after a restless night or a long day that could be cured by a brisk morning walk, a good meal and some proper sleep. Not anymore–fatigue has become something else. In the modern world, fatigue…
11 July 2025
- After filing your 2024 KRA tax returns, you may have noticed a positive or negative amount listed as 'Tax Due' on the receipt issued by KRA.
11 July 2025
- NAIROBI, Kenya, July 11 – The Virtual Assets Chamber of Commerce (VACC) has thrown its weight behind the proposed Virtual Asset Service Provider (VASP) Bill, 2025, arguing it could significantly boost cryptocurrency adoption in Kenya by introducing…
11 July 2025
- JULY 11 – Chancellor Rachel Reeves has called the economy’s recent performance “disappointing” after figures showed it shrank unexpectedly in May. The economy contracted by 0.1%, the Office for National Statistics (ONS) said, after also shrinking in…
11 July 2025
- The United States’ efforts to curb “birth tourism” is gaining traction internationally, with Uganda publicly backing the policy and cautioning its citizens against such travel.
11 July 2025
- The Virtual Assets Chamber of Commerce is considering pulling out of the proposed joint crypto regulatory body hot on the heels of the CAK’s planned exit.
11 July 2025
- Malian military helicopters made an unannounced landing at Barrick Gold Corp.'s mine on Thursday and seized over a metric ton of gold, the company said.
11 July 2025
- NAIROBI, Kenya, July 11 – Over 800,000 Kenyans have signed up on the Boma Yangu portal to benefit from the government’s Affordable Housing Programme (AHP), reflecting growing interest in homeownership and confidence in the state’s housing agenda.…
11 July 2025
- JULY 11 – “Deeply regrettable” is how Japanese Prime Minister Shigeru Ishiba has described US President Donald Trump’s latest tariff threat – a 25% levy on Japanese goods. Tokyo, a long-time US ally, has been trying hard to avoid exactly this. It has…
11 July 2025
- NAIROBI, Kenya, July 11 – Absa Bank Kenya has unveiled La Riba Timiza, the country’s first fully Shariah-compliant mobile banking platform by a Tier 1 bank, alongside the La Riba Card, a riba-free payment card developed in line with Islamic finance…
11 July 2025
- Pan-African electric mobility company Spiro has been selected for the 2025 Regional Platforms for Climate Projects (RPCP) Pipeline, a global initiative aimed at mobilizing capital for climate-friendly projects in developing countries.
11 July 2025
- The Trump administration’s controversial plan to deport thousands of undocumented migrants to African nations has faced firm resistance from Abuja, highlighting growing diplomatic tensions over the U.S.’s unilateral immigration policies targeting the…
11 July 2025
- JULY 11 – The original Birkin bag, which set the template for arguably the most coveted accessory in fashion history, has been bought for €8.6m (£7.4m; $10.1m), becoming the most valuable handbag ever sold at auction. The black leather bag was made for…
11 July 2025
- NAIROBI, Kenya, July 11 – Kenya’s business capital growth is being held back by a range of systemic challenges including high informality, costly business registration, poor infrastructure, and limited access to affordable credit for micro, small, and…
11 July 2025
- Africa’s richest man, and ironically, the owner of the continent’s largest single train oil refinery, Aliko Dangote, has expressed concern about the Nigerian government's ability to manage a functional oil refinery. Dangote, who built the 650,000 bpd…
11 July 2025
- NAIROBI, Kenya, July 8, 2025 – Kenyan fintech firm Craft Silicon has launched a voice-activated generative AI chatbot named “Small Talk”, aimed at improving access to financial services through mobile banking applications. The solution was unveiled at…
11 July 2025
- JULY 11 – The US government is to become the biggest shareholder in the country’s only operational rare earths mine. It is also going to take a series of other steps to underpin the future of the operation in Mountain Pass, California. Rare earths are…
11 July 2025
- In today's globalized world, a country's ability to defend its economy, stabilize its currency, and maintain strategic autonomy is heavily reliant on the strength of its foreign exchange and gold reserves.
10 July 2025
- CAK Director-General David Kemei — who took office less than a year ago — speaks to the Business Daily on why the regulator is now turning its focus to the digital economy, what changes Kenyans...
