Business Archives — Page 441 of 565

June 25, 2017 No Responses

EU to move two agencies from London

(BBC) EU leaders have officially launched the competition between member states to decide which will host two London-based EU agencies, responsible for medicines and banking. The relocation must take place by the Brexit deadline – 30 March 2019. Some countries...

June 24, 2017 No Responses

Ignition Switches:GM settles with 203 plaintiffs

General Motors has agreed to settle federal lawsuits in the United States by as many as 203 plaintiffs over defective ignition switches in its vehicles. Settlement terms are confidential, but the accord could also resolve hundreds of state court claims,...

June 24, 2017 No Responses

Osinbajo conderms hate speeches

Most ethnic agitations and hate speeches are centered around getting a larger share of the national cake and appointments by the elites, Acting President Yemi Osinbajo has said. Speaking at the graduation ceremony of Senior Course 39 of the...

June 23, 2017 No Responses

Nigeria, Ghana to sign MoU on cabotage implementation, enforcement processes, others

In continuation of its quest to make Africa compete favourably with other maritime nations in the world, the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA) is set to provide support to the Ghana Maritime Authority (G...

June 23, 2017 No Responses

Jetvan Automobiles unveils 50 per cent service discount for Mercedes-Benz Sprinter

In preparation for the Ramadan celebration, Jetvan is offering a 50% service discount on labour and diagnostics to its customers as part of activities to ensure a safe and enjoyable ride all through the Ramadan season. According to Mr....

June 23, 2017 No Responses

Osinbajo implores NCP on ‘creative out-of-the box solutions’ for privatisation, commercialisation challenges

The Acting President, Prof Yemi Osinbajo has challenged the National Council on Privatisation (NCP) to come up with ‘creative out-of-the box solutions for addressing the numerous challenges facing the privatisation and commercialisation programme such as non...

June 23, 2017 No Responses

Qatar wants 10% of American Airlines

(BBC) American Airlines has received an “unsolicited” approach from Qatar Airways which wants to acquire 10% of the US carrier. In a regulatory filing, American Airlines said Qatar intended to buy at least $808m (£638m) of its shares. American....

June 23, 2017 No Responses

Again, Kia tops J.D. Power’s Initial Quality nameplate ranking

Continuing a multi-year string of quality and reliability awards and accolades, J.D. Power’s 2017 Initial Quality Study (IQS) has recognized Kia Motors as the highest-ranking nameplate in the United States for the second year in a row. Kia’s improveme...

June 23, 2017 No Responses

UK offers EU Citizens post Brexit status

European Union citizens legally resident in the UK should have the same rights as British citizens after Brexit, the UK prime minister has told EU leaders. “No-one will face a cliff edge,” Theresa May said at a Brussels summit. A...

June 22, 2017 No Responses

BPE to Lead Capital: Conclude equity investment in NCX within 60 days

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has given Lead Capital Consortium a deadline of 60 calendar days to conclude the strategic equity investment by the National Sovereign Investment Authority (NSIA) into the Nigeri...

June 22, 2017 No Responses

Obaseki appoints ThisDay Industry Editor, Ihonvbere, others as special advisers

The Governor of Edo State, Godwin Obaseki has appointed ThisDay Industry Editor, Mr Crusoe Osagie as Special Adviser, Media and Communication Strategy. According to a statement from the office of the Chief Press Secretary to the Governor, Professor Julius.....

June 22, 2017 No Responses

Ogbeh holds social media interaction, advises youths to embrace agriculture

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has advised youths in the country to embrace agriculture as he announced that the present administration would soon launched the “Invent Your Future” programme. The Minister gave the advic...

June 22, 2017 No Responses

SEC commends DMO, CBN, PENCOM on N100B Sukuk

The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) onarrangements to issue the maiden N100.0 Billion Sukuk in the Nigerian Capital Market. In a statement by the SEC “This is a major milestone for Nigeria as it wi...

June 22, 2017 No Responses

Bank of Industry seeks partnership with Edo State Govt

The Managing Director and Chief Executive Officer (MD/CEO) of Bank of Industry, Mr. Pitan Olukayode has indicated the bank’s interest to seek more areas of collaboration with the Edo government. Assuring of the bank’s readiness to support the initiative...