Business Archives — Page 481 of 484

July 18, 2016 No Responses

SEC boss pledges to raise market participation

AS part of measures to deepen Nigerian capital market, the Securities and Exchange Commission (SEC) has expressed its determination to raise the participation of retail investors. Speaking during a visit to the Federal Radio Corporation of Nigeria (FRCN) in Abuja...

July 18, 2016 No Responses

‘How to curtail premature death through investment in Energy’

By Moses Ebosele Sustained investment in Energy could curtail premature deaths associated with air pollution by half in 2040. According to a report put together by International Energy Agency (IEA),each year an estimated 6.5 million deaths are linked ...

July 18, 2016 No Responses

G-20 Ministers pledge decent work, more job opportunities

By Moses Ebosele Labour and Employment Ministers from G-20 have agreed to advance decent work, enhance employability, and generate adequate job opportunities. At the end of a two-day meeting in Beijing, Chinese Minister of Human Resources and Social...

July 18, 2016 No Responses

Lai Mohammed canvasses support for Inner Wheel

By Moses Ebosele – A Non Governmental Organisation (NGO), Inner Wheel, has been commended by the Minister of Information and Culture, Lai Mohammed for improving the social well-being of the most vulnerable groups in the society. Speaking in...

July 18, 2016 No Responses

NLC tasks NECA on retrenchment in banking sector

By Moses Ebosele – Factional President of Nigerian Labour Congress (NLC), Joe Ajaero has challenged the leadership of Nigeria Employers’ Consultation Association (NECA) to make its position known on the retrenchment in the banking sector. In a...

July 16, 2016 No Responses

Between practicality and new Jaguar F-PACE

By Moses Ebosele – Technically, the new Jaguar F-Pace Sports Utility Vehicle (SUV) is inspired by the sensational F-Type. Right from the bonnet to the rear, the signatures are similar. The F-PACE exhibits the DNA of a sports car. Information...

July 16, 2016 No Responses

Customers embrace 110,200 infiniti vehicles in six months

Infiniti finished the first half of 2016 with a new sales record. The company sold more than 110,200 vehicles, an increase of 7 percent over the same period last year. In the month of June, more than 19,300 vehicles were...

July 16, 2016 No Responses

Kia Motors declares 268,886 sales in June

By Moses Ebosele – For the month of June 2016, Kia Motors Corporation has announced global sales figures (export sales, domestic sales and sales from overseas plants) for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a ...

July 16, 2016 No Responses

Ford invests in self-driving map for cars

Ford Motor Company is among five investors providing $6.6 million in seed funding for Civil Maps, a California startup that creates three-dimensional maps for autonomous cars. The other participants are Motus Ventures, Wicklow Capital, StartX Stanford and AME ...

July 16, 2016 No Responses

Hyundai workers vote for strike action

Hyundai Motor’s unionized workers in South Korea voted to go on strike for a fifth year in a row after wage talks broke down, adding to the automaker’s troubles as it battles a sales slowdown. According to Automotive News, a...

July 16, 2016 No Responses

Picketing of NECA by NLC illegal, says Oshinowo

The Nigeria Employers Consultative Association (NECA) has crirised distruption of its scheduled Annual General Meeting (AGM) by Nigeria Labour Congress (NLC) led by Joe Ajaero. NECA in a statement said the protesting workers did not allow any person to...

July 15, 2016 No Responses

Nigerian Breweries records 11.24 % drop in profit

For the first half of 2016, Nigerian Breweries Plc has declared profit after tax of N19.06billion, a drop of 11.24 per cent when compared to N21.47 billion recorded within same period in 2015. However, the unaudited and provisional results released...

July 15, 2016 No Responses

Fitch affirms UBA’s viability rating as Agusto upgrades rating to “Aa”

*Stock now best performing on the exchange. Foremost global rating agency, Fitch International has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”. Meanwhile, the pan-African banking group has continued to sustain its benchmark asse...

July 15, 2016 No Responses

Board approves Tony Attah as NLNG MD

THE Board of Directors of Nigeria Liquefied Natural Gas (NLNG) has approved the appointment of Tony Attah as Managing Director and Chief Executive Officer. Attah succeeds Babs Omotowa, who after nearly five years at the helms of affairs of...