Crisis Archives — City Business News

January 10, 2024 No Responses

Archbishop Martins Decries Renewed Plateau Killings, Kidnappings

The Catholic Archbishop of Lagos, Most Rev. Alfred Adewale Martins has said that the renewed wave of killings and kidnappings in Plateau State and other parts of the country by terrorists suggests that the government is gradually losing the battle...

November 9, 2023 No Responses

Russia-Ukraine Crisis Takes Toll On Nigeria’s Crude

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-depend...

October 12, 2023 No Responses

British Airways Suspends Flights To Tel Aviv

British Airways has suspended flights to Israel after turning back one of its planes shortly before landing, due to security concerns. Flight BA165 has returned to Heathrow after nearly reaching Tel Aviv on Wednesday, BA said. A spokesperson for Israel’s...

August 27, 2023 No Responses

Heineken Sells Off Russian Business For €1

Heineken has finally sold off its Russian business for €1 – or 86p – nearly a year and a half after first pledging to do so. The Dutch brewer said it will take a loss of €300m on the division,...

August 11, 2023 No Responses

ECOWAS To Assemble ‘Standby Force’ Over Political Crisis In Niger

The Economic Community of West African States (ECOWAS) has approved armed intervention in Niger Republic “as soon as possible”. The President of ECOWAS, Omar Alieu Touray, made this announcement while presenting the ECOWAS resolutio...

February 5, 2023 No Responses

ASSBIFI Seeks Safety Of Banks’ Staff, Property

The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has again called on the security agencies to ensure the safety and security of banks’ staff and property. ASSBIFI President, Mr Olusoji Oluwole, in a sta...

November 20, 2022 No Responses

FIFA President Accuses West Of ‘hypocrisy’

FIFA president, Gianni Infantino has accused the West of “hypocrisy” in its reporting about Qatar’s human rights record, on the eve of the World Cup. In an extraordinary monologue at a news conference in Doha, Infantino spoke for ...

November 4, 2022 No Responses

Manufacturers Seek End To forex, Energy Crisis

The Manufacturers Association of Nigeria (MAN), on Thursday, tasked the Federal Government and monetary authorities to address the foreign exchange and energy crises responsible for the unfavorable movements in manufacturing indicators. Mr Segun Ajayi-Ka...

August 25, 2022 No Responses

ANLCA Seeks Freight Forwarders’ Village At Lekki Deep Seaport, Explains Crisis

The Association of Nigeria Licensed Customs Agents (ANLCA) has appealed to the management of Lekki Deep Seaport to provide a Freight Forwarders’ Village for customs brokers as obtained in other modern automated ports in the world. The Acting National Preside...

July 2, 2022 No Responses

Traditional Ruler Wades Into Okomu Oil, Community Crisis

The Iyase (Traditional ruler) of Udo, Ovia South-West local government area of Edo State, Chief Patrick Igbinidu, has urged the people of Imaroghioba community to always honour its agreement with Okomu Oil Palm Company Plc. Reacting to Wednesday’s attac...