BMW explains increase in third-quarter profit

BMW explains increase in third-quarter profit

(Bloomberg/Reuters)-  BMW Group’s third-quarter profit rose 1.1 percent as demand for its SUVs propelled sales in Europe and China, offsetting a slump in the U.S.  Earnings before interest and taxes climbed to 2.38 billion euros ($2.64 billion) from 2.35 billion...
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Facebook promotes safety online in Lagos, Kenya

Facebook promotes safety online in Lagos, Kenya

Two months after Facebook Chief Executive Officer Mark Zuckerberg traveled to Nigeria and Kenya to meet with developers, partners, and entrepreneurs, Alex Stamos, Chief Security Officer at Facebook, gave a keynote address at the CyberXchange  security confere...
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West Blue partners Ecobank on single window cash xpress card

West Blue partners Ecobank on single window cash xpress card

West blue consulting in partnership with Ecobank has unveiled the Ghana national single window cash xpress card.   The ceremony which was held in Ghana had in attendance the commissioner general,GRA; Mr George blankson, the Chief Executive Officer  of West.....
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WFE names new board officers

WFE names new board officers

At the 56th General Assembly in Cartagena on Thursday, the World Federation of Exchanges (WFE) appointed three new officers of the Board, in line with the organisation’s customary geographical rotation of officers every two years.   The new officers of...
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How to grow liquidity in emerging market exchanges, by Arunma Oteh, others

How to grow liquidity in emerging market exchanges, by Arunma Oteh, others

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers  on Wednesday  in Cartagena, Colombia held a roundtable to discuss how best to grow liquidity in emerging market exchanges.  The session which form part ...
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FirstBank attains ISO 9001: 2015 quality management systems certification

FirstBank attains ISO 9001: 2015 quality management systems certification

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc  has achieved the Quality Management Systems certification from the International Standards    Organisation (ISO).   This certification also known as the ISO 9001:2015 is the latest version o...
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Oshonaike reclaims African title

Oshonaike reclaims African title

Olufunke Oshonaike has reclaimed her long lost African title at the ITTF African Senior Championships after beating Egypt’s Dina Meshref 4-2 in the final of the women’s singles.  The Egyptian has been unbeaten in the last two years, but Oshonaike...
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Nigeria retains men’s doubles title

Nigeria retains men’s doubles title

Having watched Egypt claimed three titles ahead of them in the ITTF Africa Senior Championships, Nigeria showed their quality in the men’s doubles as the pair of Aruna Quadri and Segun Toriola retained the men’s doubles title.  Pairing for the...
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Hyundai, Kia in $41.2m settlement with states

Hyundai, Kia in $41.2m settlement with states

(Auto News)-Hyundai Motor Company and Kia Motors Corporation have opted for a  $41.2 million settlement with attorneys general from 33 states and the District of Columbia.   The development will close the remaining investigations into the automakers’ overs...
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World Federation of Exchanges to host 300 delegates at 2016 annual meeting

World Federation of Exchanges to host 300 delegates at 2016 annual meeting

The World Federation of Exchanges (WFE) has concluded plans to host 300 delegates at its  56th General Assembly & Annual Meeting scheduled for November 2-4,  2016, in Cartagena, Colombia.  The event, hosted by Bolsa de Valores de Colombia (BVC), will...
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Mercedes plans two powerful E-class variants

Mercedes plans two powerful E-class variants

(Auto News) Mercedes-Benz’s latest E-class sedans went on sale in June and now the automaker has shed light on the high-performance variants. The high-end E63 S is powered by a 4.0-liter V-8 biturbo engine that produces 603 hp and 627...
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Information portal for Nigerians underway

Information portal for Nigerians underway

The Federal Government will soon launch an Information Portal to keep Nigerians at home and in the diaspora abreast of government’s programmes and policies and also get their feedback.  The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed...
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Denmark to Initiate Study on Unmanned Ships

Denmark to Initiate Study on Unmanned Ships

The Danish Maritime Authority (DMA) has taken a step toward the masterless ships as it is launching a pre-study on autonomous ships together with the Technical University of Denmark (DTU). The cooperation between the parties has an aim to increase the commo...
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Mitsubishi joins Renault-Nissan alliance

Mitsubishi joins Renault-Nissan alliance

(Auto News) Carlos Ghosn has officially folded troubled Mitsubishi Motors into the Renault-Nissan alliance and appointed himself chairman, forecasting nearly half a billion dollars in savings as soon as next year as the group joins a small club of automakers.....
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