Business News
Nigeria’s Arik Air Cuts Jobs, Sends 300 Employees into Redundancy
It blamed the sacking on the impact of the COVID-19 pandemic.

Business News
Kenyan Banks Restructure 54.2% of the Banking Sector Loan Book
By the end of 2020, personal and household loans amounting to KSh 333 billion had their repayment period extended. Banks also restructured loans amounting to KSh 1.29 trillion issued to sectors like trade, manufacturing, agriculture, and real estate.
Business News
Somalia Lifts Ban on Importation of Miraa from Kenya
Somalia had stopped the importation of miraa last year when international flights were suspended due to fear of the spread of Covid-19 pandemic, but when international air travels resumed, miraa importation from Kenya was still restricted while a different variety from Ethiopia was allowed into the country.
Business News
IFC Lends KSh1.1 Billion to East Africa’s Largest Glass-Bottle Manufacturer
The company which mainly supplies glass bottles to beverages companies has been adversely affected by the closure of bars and restaurants in some East African countries as well as the restrictions on public gatherings.
-
Featured2 days ago
Yoruba Activist Sunday Igboho’s N50M Ibadan Residence Razed By Fire, Police Blame Hoodlums
-
Sports News3 days ago
Chelsea Sacks Frank Lampard After 18 Months in Charge
-
News2 days ago
Tunisia Cabinet Meet to Confirm Reshuffle as Tension Rises on Death of Protester
-
Featured3 days ago
Six Soldiers Killed in Twin Attacks by Suspected Extremists in Mali
-
Entertainment4 days ago
South African Jazz ‘Giant’ Jonas Gwangwa Dies at 83
-
East Africa Politics News2 days ago
AU Calls for Dialogue Over Kenya-Somalia Border Tension
-
Sports News4 days ago
CHAN: Namibia Eliminated after 1-0 Loss to Tanzania
-
North Africa Politics1 day ago
Tunisia’s Parliament Approves Cabinet Reshuffle Amid Protests