Tag: International

Citi Bank To Close Russian Branches
August 26, 2022 No Responses

Citi Bank To Close Russian Branches

US bank Citigroup is to close its remaining branches and consumer banking operations in Russia as it exits the country in protest at the war in Ukraine. The move, which affects 2,300 staff in the country, follows an exodus of...
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Toyota Suspends Operations At Sichuan Plant
August 17, 2022 No Responses

Toyota Suspends Operations At Sichuan Plant

Toyota Motor Corp has suspended operations at its plant in China’s Sichuan province after local authorities issued an order to conserve electricity. Toyota’s joint venture plant in the city of Chengdu has ceased operations until Saturday, a company spokesp...
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Maersk Supply Service To Recycle Three Vessels  
May 10, 2022 No Responses

Maersk Supply Service To Recycle Three Vessels  

Denmark-headquartered Maersk Supply Service, a provider of offshore marine services and integrated solutions for the energy sector, has arranged to recycle three of its vessels at a yard in Grenaa, as part of its strategy to optimise its fleet portfolio...
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Efforts To Reduce Global Gas Flaring Stalled
May 7, 2022 No Responses

Efforts To Reduce Global Gas Flaring Stalled

C The World Bank says global progress to reduce gas flaring, the wasteful industry practice of burning natural gas during oil production has stalled in the last 10 years.  This is contained in a statement obtained from the World Bank...
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Nadal Acknowledges Alcaraz As His “Replacement” After Madrid Open Defeat
May 7, 2022 No Responses

Nadal Acknowledges Alcaraz As His “Replacement” After Madrid Open Defeat

Rafael Nadal acknowledged Carlos Alcaraz can be considered a “replacement” for him after losing to his teenage rival at the Madrid Open. Alcaraz is one of the most exciting rising stars on the ATP Tour.   He enhanced his growing...
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U.S. firm To Train 50,000 Nigerian Youths On Competitive Skills
May 7, 2022 No Responses

U.S. firm To Train 50,000 Nigerian Youths On Competitive Skills

AUnited States-Nigerian Technology Company, WRKR Technology Inc., has promised to train 50,000 Nigerians on its skills that would make them globally competitive for employment opportunities.   WRKR is a technology company that unlocks access to work opportuni...
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Seaport Offers Incentives To Reduce Vessel Emissions
May 6, 2022 No Responses

Seaport Offers Incentives To Reduce Vessel Emissions

To reduce vessel emissions, Canada’s Halifax Port Authority (HPA) has joined the World Port Climate Initiative (WPCI) as an incentive provider with the International Association of Ports and Harbours’ (IAPH) Environmental Ship Index (ESI). The HPA joined t...
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Shortage Of Midwives May Increase To One Million By 2030, Says WHO
May 6, 2022 No Responses

Shortage Of Midwives May Increase To One Million By 2030, Says WHO

The World Health Organisation (WHO) says that shortage of midwives will trigger an increase of one million by 2030 with serious implications for the attainment of Sustainable Development Goals.   Dr Matshidiso Moeti, World Health Organsation (WHO) Regiona...
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Nigerian Freight Forwarders In U.S Seek Review Of New Clearing Fees
May 5, 2022 No Responses

Nigerian Freight Forwarders In U.S Seek Review Of New Clearing Fees

Two Nigerian Freight Forwarders operating in Houston, Texas, United States, have appealed to the Federal Government and the Nigeria Customs Service (NCS) to review the new levy on imported used vehicles.    Ms Adetutu Adeparusi, Automated Logistic Ma...
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Indians In Nigeria Commemorate Country’s 75th Independence  
May 2, 2022 No Responses

Indians In Nigeria Commemorate Country’s 75th Independence  

No fewer than 400 Indians in Nigeria on Monday engaged in different forms of physical exercise like yoga, aerobics, dance, running and cultural performance to commemorate India’s 75 years of independence. The programme tagged, “Run 4 Unity”, held at the....
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World Bank: War In Ukraine Pushing Poverty Higher 
April 19, 2022 No Responses

World Bank: War In Ukraine Pushing Poverty Higher 

World Bank Group President, David Malpass has expressed concern over higher poverty rates in developing countries due to war in Ukraine and COVID-19 related shutdown.  A statement issued on Monday by the Bank quoted Malpass as making this known in hi...
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Food Prices Hit Record High
April 9, 2022 No Responses

Food Prices Hit Record High

UN food agency on Friday said World food prices jumped nearly 13 per cent in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils.  The Food and Agriculture...
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India Records 300,000 Covid Deaths, 26m Cases As Pandemic Rages
May 24, 2021 No Responses

India Records 300,000 Covid Deaths, 26m Cases As Pandemic Rages

The number of deaths linked to Covid-19 in India has moved past the 300,000 mark as the country continues to grapple with the pandemic. Experts warn that the real number of fatalities might be much higher as many deaths are...
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Shippers Council Tasks Stakeholders On Rules Of International Commercial Terms
March 26, 2021 No Responses

Shippers Council Tasks Stakeholders On Rules Of International Commercial Terms

The Nigerian Shippers’ Council (NSC) on Thursday urged stakeholders in the trade and transport sector to understand the rules of International Commercial Terms (INCOTERMS) 2020 to mitigate disputes and litigation.  The NSC Executive Secretary, Hassan Be...
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