Volkswagen to pay $1.21B claims to 652 customers

Volkswagen to pay $1.21B claims to 652 customers

(Reuters) Volkswagen AG confirmed late Friday it will make $1.21 billion in payments to 652 U.S. brand dealers as part of a $16.5 billion diesel emissions settlement. VW dealers will receive an average of $1.85 million each on average over...
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Nigeria at 56: TUC seeks viable Oil & Gas sector

Nigeria at 56: TUC seeks viable Oil & Gas sector

The Trade Union Congress of Nigeria (TUC) has challenged the Federal Government to commence of making Nigeria’s Oil & Gas sector more viable.   In a message to mark Nigeria’s 56 Independence day celebration, TUC President, Comrade Bobboi Bala Kaigama....
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‘NAFEST has become a tool for economic growth’

‘NAFEST has become a tool for economic growth’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the annual National Festival of Arts and Culture (NAFEST) has evolved from being just an instrument of national unity to becoming a platformto help boost the level of economic...
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LCCI Photo News

LCCI Photo News

Chairman of UBA, Mr Tony Elumelu and Chairman   and President, Lagos Chamber of Commerce and Industry [LCCI], Dr Mrs Nike Akande,  at at a Business Forum organised by US-Africa Business Center and Thomson Reuters in New York, United States,  recently.
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FG implores private sector on economic recovery

FG implores private sector on economic recovery

The private sector hold the key to the quick recovery of Nigeria’s economy from recession, President Muhammadu Buhari has said.  Speaking on Thursday at the 44th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) in Abuja, Buhari...
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South Africa probes Maersk, CMA CGM, others over alleged price fixing

South Africa probes Maersk, CMA CGM, others over alleged price fixing

The premises of six cargo shipping companies operating in the Western Cape and Kwazulu-Natal provinces were raided on September 28, according to the Competition Commission of South Africa.  The Commission said it has reasonable grounds to suspect that Hambu...
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Edo: Buhari congratulates Obaseki

Edo: Buhari congratulates Obaseki

President Muhammadu Buhari has congratulated the government and people of Edo State on the successful conclusion of the governorship election and the victory of the All Progressives Congress (APC) candidate Godwin Obaseki. In a telephone call to Edo State Gove...
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Buhari mourns Peres, ex-Israeli President

Buhari mourns Peres, ex-Israeli President

President Muhammadu Buhari has extended condolences to the government and people of the State of Israel over the death of former President and Prime Minister, Shimon Peres. Buhari, in a statement by the Special Adviser on Media and Publicity, Femi...
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FBN Holdings supports Cerebral Palsy Day with advocacy campaign

FBN Holdings supports Cerebral Palsy Day with advocacy campaign

Come Saturday October 1, 2016, FBN Holdings Plc, in collaborating with the Benola Cerebral Palsy initiative will  organise a charity walk and enlightenment campaign to commemorate World Cerebral Palsy Day.  According to FBN Holdings, the walk will take off a...
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Olu of Warri seeks utilisation of Seaports

Olu of Warri seeks utilisation of Seaports

 AS part of measures to revive economic activities, the Olu of Warri, Ogiame Ikenwoli Emiko has appealed to the Nigerian Maritime Administration and Safety Agency, (NIMASA) to facilitate the effective utilisation of the Warri and Koko Seaports.   The traditi...
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Cosco wins concession of new Port’s Terminal for 35 years

Cosco wins concession of new Port’s Terminal for 35 years

Port developer and operator Abu Dhabi Ports has awarded a 35-year concession to build and operate a new container terminal at Khalifa Port to China-based Cosco Shipping Ports Limited – Abu Dhabi (CSPL SPV). Cosco Shipping Ports Limited will operate...
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Edo: Collation of results begin today

Edo: Collation of results begin today

The Resident Electoral Commissioner for Edo, Mr. Sam Olumekun, said last night that collation of results for the governorship election would begin today. Olumekun stated in Benin last night after a closed-door meeting with a National Commissioner and two Resid...
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FRSC Photo News

FRSC Photo News

ADVOCACY VISIT BY UNIT COMMANDER ACC OO OLUMOTANMI AND UNIT HEAD OF OPERATIONS CRC MO ADESUYI TO MANAGING DIRECTOR, BUA SUGAR REFINER LIMITED,APAPA,IBRAHIM ABUBAKAR YARO,ON SPEED LIMITER AND FLEET REGULATIONS
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Panel seeks merger of Customs, FIRS

Panel seeks merger of Customs, FIRS

To sustain accountability and improve revenue generation, the  National Tax Policy Review Committee has advised the Federal Government to merge the Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NCS).   Presenting draft of the policy at t...
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