Foreign Archives — City Business News

November 6, 2024 No Responses

Tinubu Congratulates Trump

President Bola Tinubu has congratulated Donald Trump on his re-election as the 47th President of the United States of America.In a statement on Wednesday, Bayo Onanuga,Special Adviser to President Tinubu(Information & Strategy), explained thatPresident Tinubu looks forward to strengthening the...

November 5, 2024 No Responses

HARRIS, WOMAN FOR WHOM UNITED STATE’S PRESIDENTIAL DOOR OPENED IN 1984

By MOSES AKAIGWE The 50th United State’s presidential election held on Tuesday, November 6, 1984, was very remarkable, not because the incumbent Republican President Ronald Regan defeated his Democratic Party rival, Walter Mondale. No. But, even that was pre...

November 4, 2024 No Responses

Quincy Jones, Music Titan Dies At 91

Quincy Jones, musician and producer who worked with Michael Jackson, Frank Sinatra and many others, is dead, aged 91.Jones’ publicist, Arnold Robinson, said he “passed away peacefully” on Sunday night at his home in Bel Air.“Tonight, with full but brok...

October 12, 2024 No Responses

Nigeria Pledges Enhanced Cooperation With Japan

The Nigerian Government will continue to strengthen its ties with Japan as part of measures to deepen trade and exploit more opportunities in areas of infrastructural development, food security, and health, among others.This, Vice President Kashim Shettima sta...

September 20, 2024 No Responses

Coca-Cola Unveils $1b Investment In Nigeria

President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-...

September 5, 2024 No Responses

Ford Recalls 90,736 Vehicles Over Defective Engines

Ford has issued a recall on multiple vehicles from the Ford and Lincoln brands due to engines potentially stalling.Vehicles listed in the recall include the Ford Bronco, F-150, Edge, and Explorer from the 2021-2022 model years, and the Lincoln Nautilus...

August 19, 2024 No Responses

Tinubu Seeks Stronger Anti-Corruption Structures, Regime In West Africa

President Bola Ahmed Tinubu has called on countries within the West African region to strengthen anti-corruption agencies in their territories and offer them ample opportunities to operate in order to tackle the scourge of corruption more effectively.He gave t...

July 20, 2024 No Responses

Tinubu Receives ENI Delegation

President Bola Tinubu on Friday in Abuja received a delegation from international energy company, ENI. Tinubu commended the company for its proposed new investment in Nigeria, reiterating his vision of making the nation more globally competitive and an investm...

September 25, 2023 No Responses

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...

September 5, 2023 No Responses

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 ...

August 9, 2023 No Responses

MSC Makes Fresh Order For Ten LNG-Powered Containerships

The world’s largest container shipping firm MSC has returned to Chinese shipbuilder Zhoushan Changhong International Shipyard with an order for an additional ten LNG-powered containerships. The deal will see Zhoushan Changhong International Shipyard build te...

July 27, 2023 No Responses

Four Contenders Join Race For HMM’s $3.9b Privatization

Four bidders have thrown their hats in the ring for the privatization of HMM, Korea’s largest shipping company, as the government seeks to divest a controlling stake valued at 5 trillion won ($3.9 billion). HMM Co Ltd, formerly Hyundai Merchant...

June 23, 2023 No Responses

Photo News

L – R: Mr Abiona Babarinde, General Manager, Marketing and Corporate Communications, Coscharis Group; Mr. David Greene, United States Embassy Charge d’ Affaires for Nigeria; Mr. Josiah Samuel, Group Managing Director, Coscharis Group; Mr. Joseph Omokha...

June 22, 2023 No Responses

America’s 10 Richest People Worth More Than 106 Poorest Countries

The concentration of wealth in the hands of a privileged elite has long been a subject of concern and scrutiny, with the gap between the poor increasingly widening. The impact of the gap is highlighted by the fact that the...