Edo, Namibia Explore Investment Opportunities

Edo, Namibia Explore Investment Opportunities

The Edo State Governor, Mr. Godwin Obaseki, has initiated talks with the Namibian Government to explore trade and investment opportunities in livestock production, technology, and management services, among others between the Country and Edo State. The governor disclosed this when...
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MSC To Acquire 49% Stake In Hamburg’s HHLA

MSC To Acquire 49% Stake In Hamburg’s HHLA

A wholly owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping company, has revealed plans to acquire a substantial 49% shareholding in HHLA Hamburger Hafen und Logistik AG, a prominent port operation, container trans...
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Air Peace Begins Flight Operations To Jeddah October 31

Air Peace Begins Flight Operations To Jeddah October 31

West and Central Africa’s largest carrier, Air Peace, has announced the commencement of direct flights from Lagos and Kano to Jeddah in Saudi Arabia on October 31, 2023.  The airline disclosed this during an engagement session with travel agents in...
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Amit Sharma: Nissan’s New E-Power Technology Is Game Changer

Amit Sharma: Nissan’s New E-Power Technology Is Game Changer

General Manager of Stallion NMN, Nigeria’s exclusive representative of Nissan brand, Amit Sharma, has described Nissan’s E-POWER, a revolutionary technology which has already been introduced to both the Qashqai and the X-Trail, models as a game changer in ...
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Qatar Airways Cargo Partners DSV On New Route From Huntsville

Qatar Airways Cargo Partners DSV On New Route From Huntsville

Qatar Airways Cargo has launched biweekly freighter flights from Huntsville, USA to Doha, in conjunction with DSV as part of a strategic partnership, enhancing North America’s connectivity to Europe, Middle East and beyond, effective 7th September 2023. A st...
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United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

THE Federal Government has granted the approval of the United Nigeria Airlines to begin international flights operations into six countries, including United Kingdom. Mr Hassan Ejibunu, Director, Air Transport Management, Ministry of Aviation and Aer...
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Mixed Reactions As Africa Climate Summit Ends

Mixed Reactions As Africa Climate Summit Ends

Activists at the just concluded first Africa Climate Summit have called for commitment towards the tripling of global renewable energy capacity to 11,000 Gigawatt by 2030, the level required to limit global heating to 1.5 degrees celsius.  ...
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Hyundai Motors Delivers 347,377 Units In August

Hyundai Motors Delivers 347,377 Units In August

Hyundai Motor Company has announced global sales of 347,377 units in August 2023, a 3.2 percent increase year-over-year.  City Business News reports that despite continued uncertainties in the business environment, the company is maintaining robust sales ...
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Japanese Ambassador Hosts NPA Boss, Harps On Trade, Investment

Japanese Ambassador Hosts NPA Boss, Harps On Trade, Investment

The Japanese Ambassador and Permanent Representative to ECOWAS, Mr. Matsunaga Kazuyoshi, has commended the Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko for facilitating growth in the value of Nigeria – Japan trade vo...
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Heineken Sells Off Russian Business For €1

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,...
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Commonwealth Women’s Affairs Ministers Meeting Opens

Commonwealth Women’s Affairs Ministers Meeting Opens

The Commonwealth Women’s Affairs Ministers Meeting opened on Tuesday in the Bahamas with a call for stronger action on gender equality priorities in the face of intensifying global environmental and economic challenges.  Against the backdrop o...
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LNG’s Plant Strike Push-Up Gas Price

LNG’s Plant Strike Push-Up Gas Price

The prospect of a possible strike at a Liquefied Natural Gas (LNG) plant in Australia has pushed wholesale gas prices up in Europe. The Offshore Alliance union warned that a strike at the North West Shelf facility could start as...
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Ex-NIMASA DG, Dakuku Peterside To Speak At Maritime Conference In Saudi Arabia

Ex-NIMASA DG, Dakuku Peterside To Speak At Maritime Conference In Saudi Arabia

Former chairman of the Association of Africa Maritime Administrations (AAMA), Dakuku Peterside, will be speaking at the sustainable maritime industry conference, scheduled for Jeddah, Saudi Arabia, from September 4 – 6. The conference, under the patronage of...
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Oil Prices Up As Global Supply Drop

Oil Prices Up As Global Supply Drop

Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high-interest rates. Reuter report that Brent crude climbed 75 cents to $85.55 a barrel...
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