Category: International

Union Bank To Divest From UK Subsidiary
January 28, 2020 No Responses

Union Bank To Divest From UK Subsidiary

Union Bank of Nigeria Plc has entered a share sale and purchase agreement to divest its 100% equity stake in Union Bank UK Plc. (UBUK).The Bank explained on Tuesday that the development is aligned with Union Bank’s strategy to geographically...
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NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt
January 28, 2020 No Responses

NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt

Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK) will participate in a consortium that would set up and operate a dedicated automotive terminal at East Port in Egypt.On December 19, 2019, NYK and its partners Bolloré Africa Logistics and Toyota....
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Kobe Bryant, Basketball Legend Dies at 41 alongside daughter, Gianna
January 26, 2020 No Responses

Kobe Bryant, Basketball Legend Dies at 41 alongside daughter, Gianna

Kobe Bryant, the Los Angeles Lakers Basketball Super Star is dead. He died alongside his 13 years old daughter, Gianna. They both died in an helicopter crash on their way to the Mamba Academy near Thousand Oaks, California, for a...
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Harry And Meghan To Refund £2.4m Refurbishment Fee
January 19, 2020 No Responses

Harry And Meghan To Refund £2.4m Refurbishment Fee

Prince Harry and Meghan will no longer use their HRH titles and will not receive public funds for royal duties, Buckingham Palace has announced. The couple will also no longer formally represent The Queen. The Duke and Duchess of Sussex...
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“Nigeria Not Ready For Implementation Of Eco Single Currency”
January 17, 2020 No Responses

“Nigeria Not Ready For Implementation Of Eco Single Currency”

Nigeria is not yet ready for the implementation of the ECOWAS Single Currency (Eco) in 2020,Minister of Foreign Affairs, Geoffrey Onyeama has saidOnyeama, who made this known on Thursday in Abuja while speaking with Journalists, explained that Nigeria’s posi...
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Shanghai Maintains Position As World’s Top Container Seaport
January 16, 2020 No Responses

Shanghai Maintains Position As World’s Top Container Seaport

China’s Shanghai port has retained its rank as the world’s busiest container port, having handled 43.3 million twenty-foot equivalent units last year, Xinhua reports citing Shanghai Mayor Ying Yong.Shanghai has held its top-dog position for the past ten ye...
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Opinion: Extreme Events Are Reversing Development Goals
January 10, 2020 No Responses

Opinion: Extreme Events Are Reversing Development Goals

By Patricia Scotland, Commonwealth Secretary-General Cyclones in the Caribbean and Pacific, devastating bushfires in Australia, recurrent floods and droughts in Asia and Africa, increasingly bring tragic loss of life to our nations and communities, inflicting ...
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Trump Becomes Third President To Be Impeached
December 19, 2019 No Responses

Trump Becomes Third President To Be Impeached

Trump is impeached, becoming third US president to face Senate trial Donald Trump has become the third US president in history to be impeached by the House of Representatives, setting up a trial in the Senate that will decide whether...
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IOSCO Tackles Conflict Of Interests In Debt Capital Raising
December 17, 2019 No Responses

IOSCO Tackles Conflict Of Interests In Debt Capital Raising

The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on proposed guidance to help IOSCO members address potential conflicts of interest and associated conduct risks arising from the role of market intermediaries ...
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Ceat Unveils New Tyre
December 9, 2019 No Responses

Ceat Unveils New Tyre

Tyre manufacturer, Ceat Limited has launched two new range of tubeless motorcycle tyres, Gripp XL and Zoom X3 series at the India Bike Week 2019 in Goa. These new tyres were unveiled by Zubin Patel, a national champion in professional...
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Kia Declares 248,942 Sales In November
December 7, 2019 No Responses

Kia Declares 248,942 Sales In November

For the month of November 2019, Kia Motors has announced global sales of 248,942 units, up by 0.8 per cent when compared to same month in 2018 when it recorded 246,942 units.According to Kia Motors, the sales performance was led...
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South Africa Sanctions Ford
December 2, 2019 No Responses

South Africa Sanctions Ford

South Africa’s consumer watchdog has slapped a 35 million rand (USD 2.3 million) fine on Ford after dozens of its Kuga SUVs caught fire without warning.Following 160 complaints from consumers, the National Consumer Commission (NCC) said investigations sh...
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Ford Recalls 2019 Ranger
November 27, 2019 No Responses

Ford Recalls 2019 Ranger

Ford Motor Company has recalled select 2019 Ford Ranger vehicles over taillight function.According to Ford, the recall programme  affects 72,718 vehicles in the US and 5,546 units in Canada.Ford explained that the affected 2019 Ford Ranger models were bui...
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BMW Sets Aside €7.3b For Battery Cell
November 27, 2019 No Responses

BMW Sets Aside €7.3b For Battery Cell

BMW Group has announced that it will significantly increase its battery cell orders from Chinese company Contemporary Amperex Technology Co. Ltd (CATL), in order to boost its vehicle electrification program.BMW Group has also informed in a release that the ord...
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