Japan Archives — City Business News

November 12, 2023 No Responses

Firm Boosts Fleet With New LNG-Powered PCTC

Japanese shipping company, Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard, the 77,644 GT vessel is NYK’s seventh LNG-fueled...

August 30, 2023 No Responses

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...

August 30, 2023 No Responses

Toyota Halts All Japan Assembly Plants

Japanese motor industry giant Toyota has suspended operations at all of its assembly plants in its home country due to a glitch in its production system. The move has brought domestic production at the world’s biggest-selling car maker to a...

May 19, 2023 No Responses

China Overtakes Japan As World’s Top Car Exporter

Between January and March 2023, China surpassed Japan and Germany to become the world’s largest vehicle exporter for the first time, exporting a total of 1.069 million vehicles. Japan used to be the world’s leading vehicle exporter, exporting 1.047 m...

August 27, 2022 No Responses

Nigeria Partners Israel, Japan On Manufacturing Of Electric Vehicles

The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Israeli and Japanese companies to commence assembling and manufacturing environmentally friendly, green, electric and smart automobiles by 2023. The National Agency for Scie...

August 20, 2022 No Responses

Nigeria, Japan Trade Volume Hits $1b

The annual bilateral trade volume between Nigeria and Japan stands at $1 billion, the Ambassador of Japan to Nigeria, Mr Matsunaga Kazuyoshi, has said. Speaking at the 2nd Japan-Nigeria business facilitation council meeting on Friday in Abuja, Kazuyoshi expl...

March 21, 2022 No Responses

Japan Presses UAE To Pump More Oil

Japan on Sunday urged the United Arab Emirates to pump more oil to calm markets rocked by Russia’s invasion of Ukraine, the latest major consumer to lobby Gulf producers.The plea by Japan’s Foreign Minister Yoshimasa Hayashi came during m...

July 15, 2021 No Responses

Ministry, Japan Empower 150 Farmers With Rice Seeds, Inputs In Edo

The Federal Ministry of Agriculture and Rural Development (FMARD) in partnership with the Japan International Cooperation Agency (JICA) on Wednesday empowered 150 rice farmers with improved rice seeds and farm inputs in Edo. Distributing the farm inputs ...

April 23, 2021 No Responses

Tokyo Motor Show Cancelled, First Time In 67 Years

The Tokyo Motor Show has been cancelled for the first time in its 67-year history due to rising coronavirus virus cases. The cancellation of the event comes even as the organisers of the Summer Olympics push ahead with their plans. It...

March 30, 2021 No Responses

Japan’s Ports Waive Fees For LNG, Hydrogen-Powered Ships

The Tokyo Port is waiving port entry fees for LNG-powered and hydrogen-powered vessels as a way of encouraging greater uptake of these fuels in the maritime sector. The waiver is set to enter into force on April 1 running for...

May 18, 2020 No Responses

Japan Falls Into Recession

Japan has fallen into recession as the financial toll of the coronavirus continues to escalate. The world’s third biggest economy shrank 3.4% in the first three months of 2020 compared to a year ago, its biggest slump since 2015. The...

January 12, 2020 No Responses

Firm Secures Contract For Another FPSO Vessel

Japanese FPSO supplier, MODEC has signed a contract with Woodside Energy to supply a Floating Production Storage and Offloading (FPSO) vessel for Senegal’s first offshore oil development project. MODEC currently operates three FPSOs in Ghana and Côte ...

August 31, 2019 No Responses

Buhari Welcomes Investments From Japan Bank, Toyota

President Muhammadu Buhari Friday held investment talks with top officials of Japan Bank for International Cooperation, and Toyota Group, at the margins of the Seventh Tokyo International Conference on African Development (TICAD 7), holding in Yokohama, Japan....

August 30, 2019 No Responses

Elumelu To Japan: Partner With Us In Empowering African Entrepreneurs

Foremost African investor and philanthropist Tony O. Elumelu, has challenged the Government of Japan to invest 5% of its $50billion commitment to Africa, in empowering African entrepreneurs. In keynote speech, delivered before global leaders, at the 7th ...