Africa Business News

Africa Business News

By Africa Business RadioNews
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Africa Business News episodes

  • NDDC Scholars Protest Non-Payment Of Scholarship Fees At Nigerian Embassy UK
    Nigerian students sponsored abroad in 2018 for further studies by the Niger Delta Development Commission on Monday held a fresh protest over the non-release of funds for their scholarship for two years after being verified twice.
    The 94 scholars displayed placards with various inscriptions as they gathered in front of the Nigeria High Commission in London, United Kingdom.

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    2 min
  • Nigerian Government Approves N5bn Bailout Funds For Airline Operators
    The Federal Government has approved the sum of N5billion as a bailout for airline operators and other business owners in the aviation sector to cushion the effects of COVID-19 on the country’s aviation industry.
    The announcement was made on Monday by the Minister of Aviation, Hadi Sirika.

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    1 min
  • Nigeria Records 72 New COVID-19 Cases
    The Nigeria Centre for Disease Control has confirmed 72 new cases of coronavirus in the country. This brings the total number of COVID-19 infections recorded in the country so far to 63,036.
    The Nigeria Centre for Disease Control in a tweet showed that the 72 new cases are reported from 9 states.

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    2 min
  • Queensland To Remain Closed To Greater Sydney And Victoria
    Queensland Premier Annastacia Palaszczuk said the state's borders will remain closed to Australia's two biggest cities, following her recent election win.
    The ban on people from greater Sydney and Victoria which includes Melbourne is to prevent the spread of Covid-19.

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    2 min
  • Johnson Announces Four-Week Lockdown In England
    Britain’s Prime Minister Boris Johnson has announced a new four-week coronavirus lockdown in England, which will join several European countries in imposing the measure for a second time, as Slovakia took a different tack and began testing its entire population.

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    2 min
  • South African Airline Rescue Deal Approved
    Reuters news agency reported that South Africa's Competition Tribunal has approved a rescue deal for struggling airline Comair on condition investors allocate shares to a black empowerment structure.
    A portion of shares will go to an employee shared-ownership programme.
    Comair operates the British Airways franchise in South Africa as well as budget airline Kulula.com.

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    2 min
  • WHO Chief In Quarantine After Covid-19 Contact
    The head of the World Health Organization on Sunday said he was self-quarantining after someone he had been in contact with tested positive for Covid-19.
    Tedros Adhanom Ghebreyesus in a tweet said he had no symptoms but will self-quarantine over the coming days, in line with WHO protocols, and work from home.

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    1 min
  • US Terminates Covid-19 Cash Transfer To Uganda's Poor
    The US Agency for International Development has terminated its Covid-19 cash transfer programme in Uganda.
    The US embassy in Uganda said the decision followed the Ugandan government's indefinite suspension of GiveDirectly, a non-profit organisation that was conducting the programme.

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    2 min
  • Nigeria’s Stocks Investors Gain N1.93tn in October
    Investors in the Nigerian equity market gained N1.934 trillion in October as the market recorded its best monthly gain since 2018 on the continued inflow of funds searching for real returns and positive reactions to the better-than-expected third quarter and nine months earnings so far released.

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    2 min

About Africa Business News

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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.