War Archives — City Business News

October 16, 2024 No Responses

Access Bank Reaffirms Commitment To War Against Illicit Drug Trafficking, Money Laundering

Access Bank Plc has reinforced its dedication to the fight against illicit drug trafficking and money laundering, committing to a closer partnership with the National Drug Law Enforcement Agency (NDLEA). The bank made this commitment at the formal decoration of...

April 14, 2024 No Responses

Iran Launches Direct Strikes On Israel

Iran on Saturday launched drones at Israel directly from its territory, the Israeli army said, marking a major escalation of the long-running covert war between the regional foes Iran had repeatedly threatened to strike Israel in retaliation for a deadly...

October 23, 2023 No Responses

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...

October 12, 2023 No Responses

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...

April 23, 2023 No Responses

NLC To FG: Guarantee Safety Of Nigerians In Sudan

The Nigeria Labour Congress (NLC) has urged the Federal Government to guarantee the safety of lives of Nigerians in the ongoing war in Sudan. In a statement titled, “Nigerians in Sudan Should Not Die’’, NLC President, Mr Joe Ajaero, on...

April 9, 2023 No Responses

Pope Francis Decries ‘Icy Winds Of War’ At Easter Vigil

On Holy Saturday, Pope Francis celebrated the festive Easter Vigil commemorating the resurrection of Jesus Christ in St. Peter’s Basilica in Rome. Around 8,000 spectators attended the celebration, according to Italy’s ANSA news agency. In his homily, the p...

December 31, 2022 No Responses

LNG Insurers Scramble To Retain War Cover

Japan, the world’s top importer of LNG, is working with marine insurers in the country to ensure LNG imports from Russia are not jeopardized in the wake of the latest sanctions against Moscow. Already, three companies from Japan, Tokio Marine...

September 29, 2022 No Responses

FG Approves N580.5m For Armoured Vehicles To Fight Drug War

The Federal Executive Council (FEC)has approved N580.5 million for the procurement of four armoured vehicles to fight dangerous and illicit drugs by the National Drug Law Enforcement Agency (NDLEA). Minister of Justice and Attorney General of the Federat...

April 19, 2022 No Responses

World Bank: War In Ukraine Pushing Poverty Higher

World Bank Group President, David Malpass has expressed concern over higher poverty rates in developing countries due to war in Ukraine and COVID-19 related shutdown. A statement issued on Monday by the Bank quoted Malpass as making this known in hi...

April 9, 2022 No Responses

Food Prices Hit Record High

UN food agency on Friday said World food prices jumped nearly 13 per cent in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils. The Food and Agriculture...

March 4, 2022 No Responses

Oil Surge Rattles Markets As Ukraine Conflict Intensifies

Oil prices soared again on Thursday as the Ukraine war triggered a dash for commodities that could be in short supply, while stock markets slipped as investors worried about higher inflation and slowing economic growth. Brent crude oil rose more...

February 23, 2022 No Responses

Oil Prices Surge As Ukraine-Russia Tension Climb

Oil and gas prices climbed on Tuesday on fears the Ukraine-Russia crisis will disrupt supplies across the world. The price of Brent crude oil, an international benchmark, touched a seven-year high of more than $99 (£73) a barrel after President Vla...

August 27, 2021 No Responses

Afghanistan: US Vows To Complete Evacuations As Attack Claims 90 People

President Joe Biden says the US airlift from Kabul will continue despite a jihadist attack that killed over 90 people including 13 US service members. “We must complete this mission and we will,” he said. He also vowed to hunt...

August 17, 2021 No Responses

Biden Defends US Pullout From Afghanistan

President Joe Biden has said he stands “squarely” behind the US exit from Afghanistan as he faces withering criticism over the Taliban’s lightning conquest of the war-torn country. “How many more American lives is it worth?” asked...