Business Archives — Page 541 of 555

August 14, 2016 No Responses

Nigeria defeat Denmark, to face Germany in semi-final

Nigeria has qualified for the semi-final of the 2016 Olympic Games in Rio, Brazil after the U-23 team on Saturdaydefeated Denmark 2-0. Captain of the side, Mikel John Obi, opened scoring in the first half. He was followed...

August 13, 2016 No Responses

FRSC revamps driving school programme

By Moses Ebosele – The revamped website of Federal Road Safety Corps (FRSC) Driving School Standardization Programme (DSSP) has recorded 170,505 enrolments. Meanwhile, 82,086 have graduated from the accredited driving schools while 1103 drivin...

August 13, 2016 No Responses

Toyota partners varsity on $22m research, development

Toyota Research Institute is to deploy $22 million to support University of Michigan in the next four years to boost research and development in artificial intelligence, autonomous driving and robotics The Chief Executive Officer of the Institute, Gill Pratt...

August 13, 2016 No Responses

BMW 3-series flaunts improved comfort, safety

The new BMW 3-Series delivers driving satisfaction both in everyday driving and on curvy rough roads—yet with better fuel economy than in the past, with most 3-Series cars now returning more than 30 mpg on the highway if you keep...

August 13, 2016 No Responses

Subaru to introduce all-electric crossover by 2021

By Adebisi Emmanuel – Subaru has concluded plans to launch an all-wheel-drive electric crossover in the United States of America by 2021 to meet more stringent emissions regulations, a Japanese newspaper reported. The Japanese brand aims to releas...

August 13, 2016 No Responses

Minister explains payment of Hotel’s bill for Team Nigeria

The Ministry of Youth and Sports has denied reports which suggest that Team Nigeria’s Captain John Mikel Obi paid hotel bills for the eight unaccredited players and officials in Rio with the National U-23 team. A statement issued by...

August 12, 2016 No Responses

NHRC indicts Iwu, Uduaghan, others of violence

A report put together by National Human Right Commission (NHRC) has indicted 118 person of allegedly committing various offences including violence. According to the report, those indcted alledgly committed the offence during the 2007 and 2011 general e...

August 12, 2016 No Responses

Lagos unveils helipad for medical emergencies

By Moses Ebosele – Lagos State Governor, Mr. Akinwunmi Ambode on Thursday commissioned the first state-owned Helipad for medical emergencies in Nigeria at the Lagos State University Teaching Hospital (LASUTH), Ikeja. The Governor also said the...

August 12, 2016 No Responses

Diamond Bank explains online loan application platform

By Moshood Aliyu – Diamond Bank has raised the bar in Nigeria’s financial services sub-sector with the introduction of an online loan application platform that allows customers to request for a loan, monitor and receive automatic feedback on the...

August 12, 2016 No Responses

Zenith Bank posts 15.68 % drop in profit

For the half year ended June 30, 2016, Zenith Bank Plc reported Profit After Tax (PAT) of N44.8 Billion, down by 15.68 per cent when compared with N53.1 Billion recorded within same period in 2015. Details of the result...

August 12, 2016 No Responses

Road contractors get N70Billion

By Moses Ebosele – AS part of measures to stimulate the Economy, the Federal Government has paid road contractors who had not been paid in over two years N70 Billion. Speaking on Thursday in Lagos the Vice President,...

August 11, 2016 No Responses

FRSC begins enforcement of speed limiters October 1

By Moses Ebosele – After several months of campaign and public enlightenment, the Federal Road Safety Corps (FRSC) is to commence enforcement of the speed limiters on commercial vehicles October 1, 2016 nationwide. Speaking with stakeholders ...

August 11, 2016 No Responses

South Africa overtakes Nigeria

By Adebisi Emmanuel – As Nigerians struggle with the reality of economic recession, South Africa’s economy has regained the position of Africa’s largest in dollar terms more than two years after losing it to Nigeria. Indeed, based on gross.....

August 11, 2016 No Responses

SEC to stop dividend warrant in 2017

By Moses Ebosele – AS part of measures to encourage investors in the Nigerian capital market to embrace e-dividend, the Securities and Exchange Commission (SEC) has concluded plans to abolish dividend warrant in June 2017. Briefing Journalists i...