Oil Prices Fall As Russia, Saudi Arabia Boost Supply

Oil Prices Fall As Russia, Saudi Arabia Boost Supply

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday.  Reuters report that Brent...
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QatarEnergy Places $3.9b Order For 17 LNG Carriers

QatarEnergy Places $3.9b Order For 17 LNG Carriers

Qatar’s state-owned oil and gas company QatarEnergy has signed an agreement with South Korean shipyard HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers. The shipbuilding contract, valued at QR14.2 billion ($3.9 billion), was revealed...
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Shipping Firms Join Liquefied Hydrogen Supply Chain

Shipping Firms Join Liquefied Hydrogen Supply Chain

Shipping companies Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) have joined JSE Ocean, a subsidiary of Japan Suiso Energy (JSE), with JSE remaining the majority shareholder with 50.2% of the stock, whilst...
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Nissan To Go All-Electric By 2030

Nissan To Go All-Electric By 2030

Nissan will accelerate plans towards electrification by committing that all vehicles sold in Europe will be electric by 2030. The announcement comes despite the UK postponing its 2030 ban on the sale of new petrol and diesel cars to 2035....
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Qatar Airways Cargo Celebrates 20 Years Of Dedicated Operations

Qatar Airways Cargo Celebrates 20 Years Of Dedicated Operations

Qatar Airways Cargo, a pioneering force in the global air cargo industry is celebrating 20 years of dedicated freighter operations.  A statement sent to City Business News on Monday explained that Qatar Airways Cargo has evolved and grown into ’the...
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Ecobank Pan African Centre Hosts US College, Career Fairs In Lagos

Ecobank Pan African Centre Hosts US College, Career Fairs In Lagos

The Ecobank Pan African Centre (EPAC) situated in the sprawling highbrow Victoria Island, Lagos played host to the annual USA College and Career Fairs in Lagos last week. A statement explained that the Fair provides an opportunity for prospective international...
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Pope To Europe: Don’t Treat Migrants As Invaders

Pope To Europe: Don’t Treat Migrants As Invaders

Pope Francis on Saturday urged European governments to welcome migrants instead of viewing them as invaders, striding into in a hugely sensitive political debate again inflamed by mass arrivals on the second day of his visit to France’s Mediterranean port...
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Tinubu Rings Closing Bell At NASDAQ, Says Nigeria Open For Investment 

Tinubu Rings Closing Bell At NASDAQ, Says Nigeria Open For Investment 

President Bola Ahmed Tinubu has called on foreign investors to bring their capital into the country as his government is working on easing the free flow of capital.   Tinubu stated this just before he rang the Closing Bell of...
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Arsenal Thrash PSV On Championship League Return 

Arsenal Thrash PSV On Championship League Return 

Arsenal returned to the Champions League in style as they started their first campaign in six years with an impressive win over PSV Eindhoven at Emirates Stadium. The Gunners wrapped up victory in their opening Group B game with a...
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Tony Elumelu Foundation Partners UNICEF, IKEA On Green Entrepreneurship Programme

Tony Elumelu Foundation Partners UNICEF, IKEA On Green Entrepreneurship Programme

The Tony Elumelu Foundation, UNICEF’s Generation Unlimited (GenU), and IKEA Foundation have announced their strategic partnership to launch a pioneering Green Entrepreneurship Programme that is aimed at empowering African youth and tackling the triple pl...
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WHO Unveils Report On Devastating Impact Of Hypertension

WHO Unveils Report On Devastating Impact Of Hypertension

THE World Health Organisation (WHO) has released its first-ever report on the devastating global impact of high blood pressure, along with recommendations on the ways to win the race against the disease. The report made available on Tuesday showed approximatel...
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Oil Prices Rise On Supply Deficit Concerns

Oil Prices Rise On Supply Deficit Concerns

Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia. Reuters report that U.S. West Texas...
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Hyundai Motor Group To Donate $1.1m For Moroccan Earthquake, Libya Flood Recovery

Hyundai Motor Group To Donate $1.1m For Moroccan Earthquake, Libya Flood Recovery

Hyundai Motor Group has announced a $1.1 million contribution to aid Morocco and Libya in their recovery efforts following severe earthquakes and floods. The donations come from the four affiliates of Hyundai Motor Group (Hyundai Motor Company, Kia, Hyund...
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Nigeria Insists On BASA Reciprocity With UAE

Nigeria Insists On BASA Reciprocity With UAE

The Nigerian Government through the Minister of Aviation and Aerospace Development, Mr. Festus keyamo, on Thursday reiterated that the United Arab Emirates (UAE) carriers would return to the Nigerian routes very soon.  The Minister explained that the Fede...
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