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Tag: DETAINMENT

Companies

Nigerian Court Reviews Fraud Case Involving Arik Air and Union Bank

March 20, 2025March 20, 2025 - by Sofia Nawab - Leave a Comment

The Nigerian Special Offences Court is adjudicating a fraud case involving Arik Air, Union Bank, and AMCON. Defendants are accused of involvement in fraudulent transactions totaling over NGN76 billion and …

Nigerian Court Reviews Fraud Case Involving Arik Air and Union Bank Read More
Companies

Kenya’s Pursuit of a New IMF Agreement Amidst Economic Challenges

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Kenya plans to pursue a new agreement with the IMF as its existing program ends. The nation faces $80 billion in debt, with debt servicing dominating revenue. Public protests over …

Kenya’s Pursuit of a New IMF Agreement Amidst Economic Challenges Read More
Business

The Top 5 Most Stolen Car Brands in Kenya: 2024 Insights

March 17, 2025March 17, 2025 - by Marcus Chen - Leave a Comment

Business Insider Africa reports that Toyota is the most stolen car brand in Kenya, making up 54.91% of thefts reported in 2024. The overall car theft incidents decreased by 28% …

The Top 5 Most Stolen Car Brands in Kenya: 2024 Insights Read More
Business / economics

Ghana’s GHS62,000 Hajj Fare Declared the Lowest in the Sub-Region by Collins Dauda

March 4, 2025March 4, 2025 - by Liam Nguyen - Leave a Comment

Collins Dauda, the Chairman of the Hajj Board, announced that Ghana provides the most economical Hajj pilgrimage fare in the sub-region, costing $4,100 or GHS62,000. Other countries charge over $5,000, …

Ghana’s GHS62,000 Hajj Fare Declared the Lowest in the Sub-Region by Collins Dauda Read More
Companies

Rising Global Demand Fuels Foreign Interest in Nigeria’s Lithium Reserves

February 6, 2025February 6, 2025 - by Liam Nguyen - Leave a Comment

Nigeria’s lithium reserves are drawing foreign investors as global demand surges, driven by the need for electric batteries. Artisanal mining flourishes despite legal ambiguities, with many miners earning substantial incomes. …

Rising Global Demand Fuels Foreign Interest in Nigeria’s Lithium Reserves Read More
Business / Companies / economics

Ethiopia’s Economic Reforms: Progress Amidst Challenges

December 19, 2024December 19, 2024 - by Sofia Nawab - Leave a Comment

Ethiopia is undergoing transformative economic reforms aimed at enhancing its capital, Addis Ababa, while floating the birr and opening the economy to foreign competition. However, the nation faces social strife, …

Ethiopia’s Economic Reforms: Progress Amidst Challenges Read More
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