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Africa Business News
By Africa Business RadioNews
Africa Business News episodes
- Elin Group Gets AOC, Set to Commence Flight Charter OperationsThe Nigerian Civil Aviation Authority (NCAA) has issued Operational Specifications and Air Operator’s Certificate (AOC) to Elin Group Limited, after the company met all the requirements to commence charter operations.
NCAA presented Elin Group’s Chief Operating Officer/Accountable Manager, Mr. Enyi Omoke the certificate to start flight service.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Petroleum Industry Bill Proposes 2.5% Fund for Host CommunitiesThe Petroleum Industry Bill (PIB) has proposed that the host communities will receive 2.5 per cent fund on the basis of the oil companies’ actual operating expenditure for the preceding year.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Nigeria’s Inspector General Of Police Bans Police Tactical Squads From Routine PatrolsThe Inspector-General of Police, Mohammed Adamu, has banned the personnel of the Federal Special Anti-Robbery Squad (FSARS) and other Tactical Squads of the Force from embarking on routine patrols.
This IGP’s ban was contained in a statement issued on Sunday by the Force, Public Relations Officer, Frank Mba.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Nigeria Records 58 New COVID-19 CasesNigeria Records 58 New COVID-19 Cases
The Nigeria Centre for Disease Control has confirmed 58 new cases of coronavirus in the country. This brings the total number of COVID-19 infections recorded in the country so far to 59,345.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - U.S Dollar Traded Around 93.8The dollar index traded near the flatline around 93.8 on Friday and close to a 2-week low of 93.656, as investors digest the latest developments in the US presidential election and as uncertainties about the new fiscal stimulus mount. President Trump tested positive for coronavirus, sending him to quarantine just weeks before the election. The House of Representatives approved the $2.2 trillion coronavirus aid bill from the Democrats but the plan is more likely to be rejected in the Senate. On the week, the dollar is on track to lose near 0.9%.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Oil Prices Declines More Than 3%Crude oil futures dropped as much as 3% to trade around a two-week low of $37.7 a barrel on Friday, heading for its second weekly loss after US President Donald Trump tested positive for COVID-19 raising worries about the impact in the outcome of presidential elections. Prices were already under pressure amid mounting concerns over fuel demand recovery as the number of coronavirus infections continue to rise worldwide including major economies like the US, the UK, Germany and France. Also, supply worries on the back of the resumption of Libyan exports weighted on sentiment.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Major Stock Market Falls Due To Trump's Test ResultMajor stock markets around the world and US futures were down on Friday after President Donald Trump tested positive for COVID-19, sending him to quarantine just weeks before the November 3rd presidential election. Investors worry about the impact it will have on the election outcome as Trump will be isolated during most of the campaign reinforcing the coronavirus crisis as one of the main themes for the campaign.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Armenia Says Ready To Engage With OSCE To Re-Establish Nagorno-Karabakh CeasefireArmenia’s foreign ministry on Friday said it was ready to engage with the Organization for Security and Cooperation in Europe (OSCE) to re-establish a ceasefire in Nagorno-Karabakh, where fighting has been raging since Sunday.
France, Russia and the United States, co-chairs of the OSCE’s Minsk Group, set up in 1992 to mediate in the conflict between Azerbaijan and ethnic Armenians over the mountainous enclave in the South Caucasus, called for an immediate ceasefire on Thursday.
Turkey however said the three big powers should have no role in peace moves.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - US Airlines Lay Off Thousands Of Staff As Federal Relief EndsUS airlines have begun laying off thousands of workers after efforts to negotiate a new economic relief plan in Congress stalled.
American Airlines says it shedding 19,000 workers and United Airlines 13,000.
The carriers - badly hit by the coronavirus pandemic - say they are ready to reverse the decisions if more financing is found.
The airlines have received billions of dollars from the federal government.
Congress agreed the aid agreed earlier in the year as part of the Coronavirus Aid, Relief, and Economic Security Act [Cares Act]. It was conditional that the carriers did not lay off workers until 1 October.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - European Union Warns Turkey of Sanctions Over Provocations in MediterraneanThe EU says it could impose sanctions on Turkey over provocations and pressures in a row with Greece over energy resources and maritime borders.
European Commission President Ursula von der Leyen called on Ankara to abstain from unilateral actions in the eastern Mediterranean.
She spoke early on Friday during a meeting of EU leaders in Brussels.
Turkey and Greece had earlier set up a military hotline to try to reduce the risk of clashes in the region.
Tensions rose earlier this year when Turkey sent a ship into a disputed area to search for potentially rich oil and gas deposits.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 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.