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20th of October 2018
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Uhuru rejects Finance Bill, fuel remains at same price2018-09-13 14:51:42
President Uhuru on Thursday evening rejected the Finance Bill 2018 which Kenyans had keenly been waiting for. -
Nema blames porous borders for return of plastic bags2018-09-13 14:43:10
Porous borders with Uganda and Tanzania are hampering Kenya’s efforts to get rid of banned polythene bags with the commodity still finding its way t -
Speaker on the spot as he takes fuel VAT bill to Uhuru2018-09-13 14:39:50
National Assembly Speaker Justin Muturi on Thursday handed over the Finance Bill, 2018, to President Uhuru Kenyatta after an uproar over delay. -
Defence PS faces MPs over military tender abuse claims2018-09-13 14:36:06
Defence principal secretary Torome Saitoti is Friday expected before a parliamentary committee over claims of abuse of the tender process that saw the -
Cancer of food pipe now Kenya’s top killer2018-09-13 14:15:00
Oesophagus cancer is the top killer in Kenya, the World Health Organisation’s (WHO) cancer research agency said on Wednesday. -
Eatery snaps up prime Nakumatt space2018-09-13 13:46:02
A local restaurant that was a casualty of citywide demolitions carried out by a multiagency team a month ago has re-opened in the space that previousl -
Philips and ministry unveil portable ultrasound gadget2018-09-13 13:45:35
Healthcare technology firm Philips Africa, has partnered with Ministry of Health to launch a portable ultrasound device for use by doctors in rural ar -
Billionaire puts up Sh5 billion Sentrim Hotel for sale2018-09-13 13:43:36
The Sentrim Hotel portfolio associated with a Kenyan Asian billionaire investor has been put up for sale. -
US gives Kenya Sh150m ahead of direct flights2018-09-13 13:43:04
The American government has given the Kenya Airports Authority (KAA) Sh150 million in aid to secure the Jomo Kenyatta International Airport. -
Duty free firm loses bid to stop JKIA eviction2018-09-13 13:42:49
Maya Duty Free, a company operating from Jomo Kenyatta International Airport’s (JKIA), has lost its legal fight to stop eviction from the premier fa -
Zuku founder suffers blow in Sh3bn tax row2018-09-13 13:42:11
Richard Bell has suffered yet another blow in a Sh3.4 billion tax evasion suit pitting him against the Kenya Revenue Authority (KRA) after the High Co -
Dubai investors plan Sh8bn Juja 'mini city'2018-09-13 13:26:03
Dubai-based investors have inked a new deal for construction of a mini city at Mang’u in Juja, Kiambu County, on the Nairobi-Thika road at Sh8 billi
Reuters: Business News
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Sears' same-store sales losses narrow but warns it may go out of business2018-09-13 20:11:54
Sears Holdings Corp reported a smaller decline in quarterly same-store sales on Thursday, but warned again that there is doubt about the company's c -
China will not 'surrender' to U.S. demands in trade talks: state paper2018-09-13 20:10:07
China will not buckle to U.S. demands in any trade negotiations, the major state-run China Daily newspaper said in an editorial on Friday, after Chine -
IKEA targets home delivery by electric vehicle in five major cities by 20202018-09-13 19:28:16
IKEA Group, the owner of most IKEA stores worldwide, said on Friday all its home deliveries in the inner cities of Amsterdam, Los Angeles, New York, P -
U.S. lawmakers ask Google if it will rejoin Chinese market2018-09-13 19:12:06
A bipartisan group of U.S. lawmakers on Thursday asked Alphabet Inc's Google if it will re-enter the Chinese search engine market and if it would co -
L Brands to close all Henri Bendel stores, website2018-09-13 18:36:06
Victoria's Secret owner L Brands Inc on Thursday said it would close all 23 of its Henri Bendel stores and the Henri Bendel e-commerce website in Ja -
Wall Street rises with Apple, easing trade concerns2018-09-13 18:35:50
Apple led a rebound in technology shares and boosted all three major U.S. stock indexes on Thursday, while trade worries eased after China welcomed ne -
Volkswagen to end production of the Beetle next year2018-09-13 18:30:20
Volkswagen said on Thursday it would stop producing its Beetle compact car in 2019, ending a model that looked backward to the 1960s counterculture a -
FDA move on e-cigarettes means new risks for Fidelity funds2018-09-13 17:04:32
Fidelity Investments' bet on a privately held maker of e-cigarettes faces new risks after U.S. health regulators on Wednesday said they are consideri -
SEC rescinds guidance that bolstered proxy advisers2018-09-13 17:02:42
The U.S. Securities and Exchange Commission handed public companies a procedural victory on Thursday in their efforts to reduce the influence of proxy -
Trade hopes and Turkey rate hike feed the bulls2018-09-13 16:32:08
Signs of movement in the U.S.-China trade stand-off and an interest rate hike in emerging market trouble-spot Turkey sent an index of global stocks hi -
UPS plan to boost business shipping falls short with investors2018-09-13 16:13:50
United Parcel Service Inc is doubling down on shipments between businesses as part of a $20 billion overhaul aimed at automating its facilities and o -
Canada PM says he wants a good NAFTA deal soon, hazy on deadline2018-09-13 16:04:22
Canadian Prime Minister Justin Trudeau said on Thursday he wanted a good NAFTA deal as soon as possible, but did not answer directly when asked if he
BBC News - Business
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Is roaring US economy a mirage?2018-08-20 20:02:49
President Donald Trump often celebrates America's buoyant economy, but one number seems stuck - real wages. -
Bloodless malaria testing on the way?2018-08-20 19:22:51
Ugandan students have developed a revolutionary way to test for malaria without drawing blood. -
Africa’s potential 'game changer' in the fight against malaria2018-08-20 19:20:51
Four Ugandan students have developed a revolutionary way to test for malaria without drawing blood. -
Bitcoin buster? The search for a more stable cryptocurrency2018-08-20 19:15:59
Bitcoin's price rises and falls wildly, making it high risk. Is there a more stable alternative? -
Trump accuses China of 'manipulating' its currency2018-08-20 17:56:37
The comments come amid an intensifying trade fight between the two economic giants. -
Tesla hit by doubts over Elon Musk's delisting plan2018-08-20 16:38:55
Analysts at JPMorgan Chase slash target price for shares in the electric car maker from $308 to $195. -
Greek bailout: Five numbers that reshaped the country2018-08-20 16:35:17
The story of Greece in five numbers as it emerges from its eurozone bailout programme. -
BBC World News business headlines2018-08-20 13:07:20
The latest international business headlines from BBC World News. -
John McDonnell calls Lehman Brothers reunion 'sickening'2018-08-20 12:25:57
The collapse of the US investment bank in 2008 was a crucial moment in the financial crisis. -
Fashion website Farfetch plans US share float2018-08-20 09:00:06
The London-based luxury shopping site, founded in 2008, could be valued at as much as $5bn. -
Venezuelans confused as Maduro's economic plan starts2018-08-20 07:43:00
A government plan to curb inflation comes into force but there is confusion about how it will work. -
Greece emerges from eurozone bailout programme2018-08-20 06:36:46
The economy is still 25% smaller than eight years ago and nearly one in five people is unemployed.
General News
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Nigerian firm wins maiden Shell Global Innovation Outstanding Performance Prize2018-09-10 03:04:36
A Nigerian plastic-recycling company has won the maiden Shell Outstanding Achievement Prize in the 2018 Shell LiveWIRE Top Ten Innovators Awards. Baye -
World Business Forum: Meet The World’s Most Influential Ceos In One Gathering2018-09-09 12:09:25
The world rsquo;s indisputable authority on emotional intelligence, Daniel Goleman will be presenting his latest insights at the prestigious World Bus -
BUA Group to Set up Cement Plant in Ebonyi State2018-09-08 07:30:35
Chief Executive Officer (CEO) of BUA Group, Mr Kabiru Rabiu during a visit with his team to the Government House, Abakaliki on Wednesday September 5, -
Video: Jubilation at Utako market as Osinbajo inaugurates TraderMoni2018-09-07 07:10:20
There was jubilation at Utako market, Abuja, on Thursday as the Vice President, Prof. Yemi Osinbajo, inaugurated the TraderMoni scheme. TraderMoni -
Chinese Consortia, NNPC sign MoUs for biofuels production2018-09-05 07:17:22
The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with Nigerian-Chinese consortia towards dev -
MTN Shares Crash As FG's Tax Bill Of $2bn Hits The Company2018-09-05 04:40:33
MTN Nigeria on Tuesday said it received a $2 billion tax bill from the Minister of Justice and Attorney General of the Federation relating to, inter a -
Amnesty Beneficiaries: Greece to train 2,500 ex-militants in fishing2018-09-05 04:08:10
Eight Greek maritime experts billed to facilitate the training of 2,500 beneficiaries of the Amnesty Programme, have arrived in the country. The tr -
Expanding its internet service to more countries in Africa, Tizeti raises $3 million2018-09-05 03:53:44
In November, the company partnered with Facebook to offer Express Wi-Fi and roll out hundreds of hotspots across the Nigerian capital of Abuja. Now -
MTN Faces More Trouble As FG Demands Fresh $2bn Tax Arrears From The Firm2018-09-04 18:27:05
The Federal Government has ordered Africa rsquo;s leading mobile operator MTN to pay back taxes of $2 billion just days after the government ordered i -
Sahara Group’s Temitope Shonubi joins the African ‘energy coalition’ in Cape Town2018-09-04 09:34:12
Sahara Group Co-Founder and Executive Director, Temitope Shonubi is one of the speakers at this year rsquo;s Africa Oil and Power conference scheduled -
Volkswagen signs Memorandum of Understanding with Nigerian Government to develop an automotive hub2018-08-31 16:57:01
Volkswagen has identified Nigeria as a country with significant potential for the growth in the new vehicle market The Government of the Federal Repu -
Theresa May's Visit: Lagos State to access £750m export credit finance2018-08-30 04:47:21
British Prime Minister, Theresa May on Wednesday said Lagos State can access the availability of pound;750 million (N353,467,010,250) export credit f
Christian Science Monitor |
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Amid fires and hurricanes, price of climate change begins to hit home2018-08-20 14:06:22
Climate change, which many skeptics argue is more bark than bite, is starting to demonstrate an impact on economies – and perceptions. -
US economy: How strong is it?2018-08-20 14:06:22
The most recent GDP report was the best since 2014. The White House predicts growth topping 3 percent for the calendar year, which would be a first si -
Small organic dairy farms fight to stay in business2018-08-20 14:06:22
Farmers running small-scale organic farms say lax regulations have allowed large confined animal operations to dominate the industry, leaving smaller -
NYC moves to regulate app-based ride services with cap on vehicles2018-08-20 14:06:22
The one-year halt of new licenses for Uber and other ride-hail services is the first attempt by a US city to regulate the rapidly changing industry. T -
For Arkansas town desperate for investment, trade dispute with China hits home2018-08-20 14:06:22
Two years ago, a Chinese company committed to creating thousands of jobs in Arkadelphia, Ark., with the construction of a paper mill in the small town -
New York's shrinking garment district hangs on by a thread2018-08-20 14:06:22
To revive New York's dying garment industry, a new plan proposes preserving at least 300,000 square feet of the garment district for manufacturing. T -
The future of payday in the US may be flexible-pay services2018-08-20 14:06:22
For workers living paycheck to paycheck, one modest financial setback can lead to severe financial hardship. Flexible-pay services allow workers to ta -
Who's left to employ? Tight job market scoops up those on the margin2018-08-20 14:06:22
A tight job market means opportunity – including for Americans with prison records, disabilities, or health challenges. And their participa -
'Outlaws' no more: How a driver shortage transforms big-rig work2018-08-20 14:06:22
Freight trucking has long been economically vital but fraught with hardship. Now a driver shortage is bringing new racial and gender diversity – -
Facebook stock plunges in biggest one-day drop in stock market history2018-08-20 14:06:22
The $119 billion drop has stirred up questions about the future of the social media giant as it grapples with big existential questions ranging from u -
US, EU agree to more talks to avert trade war over autos2018-08-20 14:06:22
President Trump announced he will withhold new tariffs on European auto imports and in return the EU has promised to buy US soybeans, easing -
Is there a conservative case for a carbon tax?2018-08-20 14:06:22
When a Republican congressman from Florida proposed a tax on carbon emissions, a conservative backlash followed. Yet many GOP voters and businesses su
Business – Nigerian
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Boeing, Air Peace to Order Ten 737 MAX Airplanes2018-09-13 15:27:36
…Nigerian Airline To Expand Regional Network With New, More Capable 737 Jet …As Boeing 737 MAX Continues To Expand Its Footprint Across -
LADOL Part Ways With SHI, Alleges Serial Contract Breaches By Korean-Based Ship Building Yard2018-09-08 09:28:54
The Lagos Deep Offshore Logistics (LADOL) has terminated its sublease contract agreement with Samsung Heavy Industries (SHI) following alleged “ -
Airbus, Boeing Make Annual Workforce Predictions2018-09-05 08:15:05
Workforce projections by Boeing and Airbus see greatest growth—and need—in Asia-Pacific and North America. 754,000: That is the numb -
NSE: Trading Resumes on Downward Trend, Index Depreciates By 0.03%2018-09-04 10:18:15
….As Nigeria automotive signs MOU with Volkswagen Group to boost industry*** Equity transactions on the Nigerian Stock Exchange (NSE) resumed o -
Basil Agboarumi, is now SAHCOL MD2018-09-03 10:13:07
SKYWAY Aviation Handling Company Limited (SAHCOL) has appointed Mr. Basil Agboarumi as the company’s new Managing Director (MD) and Chief Execut -
TSC: NCAA Rakes in $16.98m, N9.16bn from Int’l, Domestic Airlines in 8 Months2018-09-03 02:56:28
The Nigeria Civil Aviation Authority (NCAA), has recorded over $16.98 million as Ticket Sales Charge (TSC) from international and over N9.16 billion f -
MTN Denies Claim on Illegal Repatriation of $8.1B by CBN2018-08-30 13:54:01
MTN Nigeria has refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian banks repatriated $8.1billion fro -
CBN Sanctions 4 Banks, Standard Chartered, Stanbic, Citibank, Diamond Bank Affected2018-08-29 16:18:11
…writes MTN to refund $8 billion ABUJA The Central Bank of Nigeria (CBN) says it has imposed heavy sanctions totaling N5.87 billion on four ban -
IATA: Moderate Freight growth continues in July 2018, Up by 2.1%2018-08-29 09:33:04
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilomet -
Fraudulent Ticketing: NCAA Cautions Travelers Against Unregistered Travel Agencies2018-08-28 09:44:11
In a bid to curb the incessant trend of fraudulent ticketing practices by unregistered travel agencies, the Nigerian Civil Aviation Authority (NCAA) h
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