Maersk To Sack 10,000 Workers

Maersk To Sack 10,000 Workers

Danish container shipping giant, A.P. Moller-Maersk has revealed further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the container...
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Maida: Robust FinTech Critical For Deepening Financial Inclusion In Nigeria

Maida: Robust FinTech Critical For Deepening Financial Inclusion In Nigeria

The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living...
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Hyundai Seals $3.9b Deal With Qatar For 17 LNG Carriers

Hyundai Seals $3.9b Deal With Qatar For 17 LNG Carriers

South Korean shipbuilding major, HD Hyundai Heavy Industries, has signed the contract for the construction of 17 liquefied natural gas (LNG) carriers with Qatar Energy worth $3.9 billion. The contract signing was held as part of South Korea’s President Yoon....
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Qatar Airways Group Appoints New Chief Executive

Qatar Airways Group Appoints New Chief Executive

After 27 years of remarkable service, Qatar Airways Group Chief Executive, Mr. Akbar Al Baker will be stepping down from his current position as Group Chief Executive Officer effective November 5th, 2023, and will be succeeded by Engr. Badr Mohammed...
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Dana Air: Over 10 Years Partnership With NESG, A Patriotic, Resilient Economic CSR 

Dana Air: Over 10 Years Partnership With NESG, A Patriotic, Resilient Economic CSR 

Dana Air has described its over 1O years Partnership with the Nigerian Economic Summit Group (NESG) as a patriotic and resilient Corporate Social Responsibility (CSR) for Nigeria’s Economic Development.  Themed: PATHWAYS TO ...
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Pope Urges End To Hamas-Israel Conflict

Pope Urges End To Hamas-Israel Conflict

Pope Francis pleaded Sunday for an end to the Hamas-Israeli conflict amid fears it could widen and called for more humanitarian aid to be allowed into to the Gaza Strip. “War is always a defeat, it is a destruction of...
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NLNG MD: Nigeria’s Decade Of Gas Will Support Global Energy Security

NLNG MD: Nigeria’s Decade Of Gas Will Support Global Energy Security

The Decade of Gas plan is the most comprehensive plan to restore efforts to fully harness Nigeria’s vast gas resources and ensure a reliable global supply of gas as a clean energy source and a major fuel in the energy...
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SAHCO Secures Uganda Airlines Contract, Handles Ibom Air Regional Operations

SAHCO Secures Uganda Airlines Contract, Handles Ibom Air Regional Operations

The Skyway Aviation Handling Company (SAHCO) Plc has won the contract to provide Passenger, Baggage and Ramp Handling services to Uganda Airlines at the Murtala Muhammed International Airport, Lagos. Uganda Airlines which is the flag carrier of the Republic of...
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Hyundai, Kia Strengthen Semiconductor Partnership

Hyundai, Kia Strengthen Semiconductor Partnership

Hyundai Motor Company and Kia Corporation have signed a strategic partnership with Infineon Technologies AG, a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand worldwide. Under the agreement, Hyundai...
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Chery Automobile Appoints Carloha Exclusive Dealer In Nigeria

Chery Automobile Appoints Carloha Exclusive Dealer In Nigeria

Carloha Nigeria, a prominent automobile company in Nigeria, that specializes in sales and services of luxury vehicles has announced its recent appointment as the authorized dealer of Chery automobile for the Nigerian market. A statement sent to City Business N...
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CMA CGM Votes $600m For New Terminal

CMA CGM Votes $600m For New Terminal

French shipping major CMA CGM has revealed the names of its new terminals in the United States as the company embarks upon a $600 million upgrade at “Port Liberty New York” and “Port Liberty Bayonne”. The terminals were acquired by...
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Pope Names Auxiliary Bishop Of Ahiara Diocese

Pope Names Auxiliary Bishop Of Ahiara Diocese

THE Holy Father Pope Francis has appointed Msgr. Simon Okezuo Nwobi, until now Under-Secretary for the Administration of the Patrimony of the Apostolic See in the Vatican as Auxiliary Bishop to the Apostolic Administrator sede vacante of Ahiara, Most Reverend....
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Kia Unveils Electric Vehicles In Middle East, Africa

Kia Unveils Electric Vehicles In Middle East, Africa

Kia Middle East & Africa has announced the official launch of its groundbreaking all-electric vehicles – the Kia EV9, EV6, and concept EV5 – at the Geneva International Motor Show in Doha, Qatar, hosted at the Doha Exhibition & ...
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British Airways Suspends Flights To Tel Aviv

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...
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