Honda is recalling 1.6 million vehicles in the U.S. to replace potentially deadly Takata air bag inflators, completing its required recalls six months ahead of schedule, the automaker has said. When the latest recall is done, Honda says it will…
Olaleye Emerges TUC President
The Trade Union Congress of Nigeria (TUC), at the weekend, elected Comrade Quadri Olaleye as its National President. Olaleye will head a 14-member National Administrative Council (NAC), who were also elected to pilot the affairs of the Labour Centre for…
Sunu Assurances Boss Lauds New Capital Base Requirement For Insurance Sector
The Managing Director, Sunu Assurances Nigeria Plc, Mr Samuel Ogbodu, has commended the National Insurance Commission (NAICOM) for increasing the capital base of various categories of players in the industry. According to Ogbodu, the proposal is expected to consolidate the…
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L-R: Fela Ibidapo, Head, Corporate Communications, Heritage Bank; Mide Kunle-Akinlaja, Executive Producer, The Next Titan; Jumoke Oduwole, Senior Special Assistant to the President of Nigeria on Industry, Trade and Investment; Adekunle Oyinloye, Group Managing Director, SIFAX Group and Kyari Bukar,…
Shell, Exxon Mobil Target Re-Entry Into Somalia’s Upstream Sector
Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement. Shell and Exxon Mobil had a joint venture…
Nissan Records Ten Millionth Vehicle At Sunderland Plant
Nissan Sunderland Plant is celebrating another record-breaking milestone as the ten millionth vehicle rolls of the production line. A statement explained that it has taken the plant 33 years to reach the ten million mark – making it the fastest…
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L-R: The Council President, The Nigerian Stock Exchange, Otunba Abimbola Ogunbanjo ( first left) Chair of the session themed “Triage – The Nigerian Economy” at the 13th Annual NBA- SBL Business Law Conference”, with other panelists Andrew Nevin, Chief Economist,…
Total Nigeria Shareholders Get N4.75b Dividend For 2018
For the financial year ended December 31, 2018, Total Nigeria Plc shareholders on Thursday approved the payment of N4.75 billion final dividend, amounting to N14 per share. The shareholders gave the approval at the company’s 41st Annual General Meeting (AGM)…
Mercedes-Benz To Assemble Cars In Egypt
Mercedes-Benz has signed a Memorandum of Understanding (MoU) with the Egyptian Government for local assembly of passenger cars in the country. This planned commitment is set to further improve the market position of Mercedes-Benz Cars in Egypt, the company said…
FG, States, LGCs Share N679.699b
The Federal Account Allocation Committee (FAAC), Thursday, at its joint session at the African House, Kano, Kano State, shared to the Federal Government, States and Local Government Councils a total of N679.699 billion as federal allocation for the month of…
Shipping Association Elects 1st Female President
The Council of the Singapore Shipping Association (SSA), the industry voice of Singapore’s maritime community, has nominated the association’s first-ever female president since its founding in 1985. At SSA’s 23rd Annual General Meeting (AGM) held on June 26, 2019, the…
CSR At The Nigerian Stock Exchange
By Olumide Orojimi – At The Nigerian Stock Exchange (NSE or the Exchange), CSR means Corporate Sustainability and Responsibility. Our approach to CSR ensures that the NSE adopts a holistic programme in creating sustainable value, leveraging its unique position at…
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L-R: Second Vice Chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), Felix Igbinoba; Deputy Managing Director, Fidelity Bank Plc, Mohammed Balarabe; Chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN)Yinka Tiamiyu at the Association of…
Total Partners Firm On 1st LNG Shipment To Japan
Total in partnership with Yamal LNG, a joint venture LNG production project in Sabetta, Russia, has shipped the first cargo of LNG to Japan. Quoting Russian Gas Producer, Novatek, World Maritime News explained that the cargo was unloaded at the…