NAIROBI — Aviation workers in Kenya have called off their two-day strike after reaching an agreement with the government and other parties involved in the dispute. The Kenya Aviation Workers Union signed a return-to-work agreement on Tuesday and directed affected workers to resume their duties. The strike had disrupted operations at several airports, including Jomo […]
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ABUJA — Nigeria’s economy recorded stronger growth in the second quarter of 2026, with real Gross Domestic Product (GDP) expanding by 4.43 per cent, according to figures released by the National Bureau of Statistics. The latest growth is higher than the 3.89 per cent recorded in the first quarter and also above the 4.23 per […]
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Abuja, Nigeria: The Federal Government has announced plans to establish six medical simulation centres across Nigeria’s six geopolitical zones. The centres are expected to provide modern facilities for practical medical training and help improve the quality of healthcare education. The government also wants to increase annual admission into Nigerian medical schools to about 20,000 students […]
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Lagos, Nigeria: Nigeria has received a boost from international credit rating agency Moody’s after the agency changed the country’s economic outlook from stable to positive. Moody’s pointed to improvements in Nigeria’s external position, including stronger foreign exchange reserves and better-than-expected economic growth. The agency, however, maintained Nigeria’s sovereign rating at B3, meaning major economic and […]
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ABUJA, Nigeria — Nigeria has received a more positive assessment from international credit rating agency Moody’s. The agency changed Nigeria’s economic outlook from stable to positive, while maintaining the country’s sovereign rating at B3. Moody’s said Nigeria’s stronger foreign exchange reserves and better-than-expected economic growth had improved the country’s ability to withstand external shocks. Higher […]
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South Africa has signed two loan agreements worth a combined $405 million with the New Development Bank to support major infrastructure projects. The financing is expected to support projects including infrastructure development in Limpopo, with investment targeted at areas such as healthcare and water infrastructure. The funding comes as South Africa continues to look for […]
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Business activity was disrupted in parts of Nairobi on Friday as small-scale traders protested against increased import duties and changes to customs valuation. Hundreds of businesses reportedly closed as traders took their concerns to the streets. Police used tear gas to disperse protesters during demonstrations in the city centre. The traders say the new customs […]
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The high cost of petrol remains one of the major economic concerns for Nigerians, with pump prices varying significantly across different parts of the country. Current market reports show petrol selling within a wide range, with some locations recording prices around or above ₦1,300 per litre. The pressure on fuel prices has continued to affect […]
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President Bola Tinubu has approved the rollout of 500 additional Compressed Natural Gas (CNG) refuelling stations across Nigeria as the Federal Government intensifies efforts to reduce transportation costs. The new stations will increase the planned national network to about 1,000 CNG stations under the government’s CNG programme. The move is part of the administration’s broader […]
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Businesses in Kenya are preparing for additional costs after Meta announced plans to charge companies for certain WhatsApp Business messages. The new charges are expected to apply from October 1, with businesses paying according to messages delivered to customers. The change will affect companies that rely heavily on WhatsApp to communicate with customers, respond to […]
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