BYD Overtakes Tesla As World’s Top Electric Vehicles Maker

BYD Overtakes Tesla As World’s Top Electric Vehicles Maker

US car maker, Tesla has lost its crown as the top maker of all-electric vehicles to Chinese firm BYD, according to sales figures released Tuesday, January 2, 2024. The US-based car manufacturer run by billionaire Elon Musk delivered 484,507 vehicles in the...
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SAHCO TAKES OVER ETHIOPIAN AIRLINES GROUND HANDLING SERVICES

SAHCO TAKES OVER ETHIOPIAN AIRLINES GROUND HANDLING SERVICES

Skyway Aviation Handling Company (SAHCO) PLC has won the contract to take over the ground handling services to one of the world’s foremost airlines, Ethiopian Airlines at the Murtala Muhammed International Airport, Ikeja, Lagos, Nigeria.   Under th...
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Boeing Urges 737 Max Inspections For Possible Loose Bolt

Boeing Urges 737 Max Inspections For Possible Loose Bolt

Boeing is urging airlines to inspect its 737 Max airplanes for a possible loose bolt in rudder control systems. The airplane maker called for the inspections after an international operator discovered a bolt with a missing nut, the Federal Aviation...
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China Maintains Lead In Global Shipbuilding

China Maintains Lead In Global Shipbuilding

China’s shipbuilding output surged by 12.3 percent year-on-year, reaching 38.09 million deadweight tons in the first 11 months of 2023, capturing over 50 percent of the world market. New orders followed suit, witnessing an impressive 63.8 percent YoY increas...
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MSC Containership Attacked In Red Sea

MSC Containership Attacked In Red Sea

MSC United, a Post Panamax containership owned by Swiss-based Mediterranean Shipping Company (MSC), was attacked while transiting the Red Sea. The attack was confirmed by the Yemeni Armed Forces’ Spokesperson Yahya Sare’e, saying that the ship was targeted...
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Samsung Secures $240m Contract For Two LPG Carriers

Samsung Secures $240m Contract For Two LPG Carriers

South Korean shipbuilding major, Samsung Heavy Industries (SHI) has won $240 million contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to comp...
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Plane Held Over Trafficking Lands In India

Plane Held Over Trafficking Lands In India

A plane carrying hundreds of Indian nationals who were held for days at an airport in France over human trafficking fears has arrived in India. BBC report that the chartered Airbus A340, which had been flying from the United Arab...
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Kaigama: Pope Did Not Approve Blessing For Same-Sex Couples

Kaigama: Pope Did Not Approve Blessing For Same-Sex Couples

The Catholic Archbishop of Abuja, Ignatius Kaigama, has said that media reports claiming that the Catholic Pontiff, Pope Francis, had approved blessings for same-sex couples, was untrue. Kaigama made the clarification in his homily during the Christmas Mass he...
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Anthony Joshua Beats Otto Wallin

Anthony Joshua Beats Otto Wallin

Anthony Joshua put in a terrific performance to beat Otto Wallin inside the distance but Deontay Wilder’s shock points loss to Joseph Parker on the same bill scuppered plans for the long-awaited heavyweight showdown. Briton Joshua boxed magnificently in ...
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NADDC Faults Inflow Of Used Vehicles Into Nigeria, Seeks Minimum Standards 

NADDC Faults Inflow Of Used Vehicles Into Nigeria, Seeks Minimum Standards 

The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin has frowned at the level of inflow of used cars otherwise referred to as “tokubo” cars into Nigeria. Speaking at an event in Abuja on Public Sector...
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Parallex Bank wins UK Reputable Bank award

Parallex Bank wins UK Reputable Bank award

Parallex Bank Ltd. has been recognised as the Reputable Bank of the Year by the Global Reputation Forum in the United Kingdom. The Chief Executive Officer of Parallex Bank, Dr Olufemi Bakre, who represented the bank at the event, made...
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FG WELCOMES UN DECISION TO EXTEND NIGERIA’S MARITIME BORDER

FG WELCOMES UN DECISION TO EXTEND NIGERIA’S MARITIME BORDER

The Federal Government has welcomed the decision by the United Nations to extend Nigeria’s continental shelf from 200 Nautical Miles to 220 Nautical Miles. This coincides with the creation of the Ministry of Marine and Blue Economy by President Bola...
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Toyota, Mikano, Nord, Others Shine At 2023 NAJA Awards

Toyota, Mikano, Nord, Others Shine At 2023 NAJA Awards

Toyota Nigeria Limited (TNL), Mikano Motors, Nord Automobiles have been honoured by the Nigerian Auto Journalists Association (NAJA).  At the 2023 NAJA Awards held at Oriental Hotel, Victoria Island, Lagos State, Nord was recognised as the Enterprising Indige...
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Shipping Firms Stop Red Sea Routes After Attacks

Shipping Firms Stop Red Sea Routes After Attacks

The world’s largest shipping group, Mediterranean Shipping Company (MSC), has announced it is diverting its ships away from the Red Sea because of an increased threat of attacks. French company CMA CGM took a similar step a day after Danish...
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