Information Archives — Page 364 of 478

January 13, 2018 No Responses

Mercedes-Benz Citan Debuts in Nigeria

Mercedes-Benz Citan Tourer and Panel recently arrived in Nigeria courtesy Weststar Associates Limited. The Citan, first addition to Mercedes-Benz Vans product portfolio for the Nigerian Market in the year 2018, “is an absolute all-rounder – powerful yet with compact dimensions...

January 13, 2018 No Responses

NSE trading index drops by 0.33 per cent

Activities on the Nigerian Stock Exchange All-Share Index on Friday bowed to profit taking halting the six-day price rally with the All-Share Index dropping by 0.33 per cent. The News Agency of Nigeria (NAN) reports that the index lost 142.64...

January 13, 2018 No Responses

Audi reports 1.9m sales in 2017

AUDI AG has increased its global sales for the eighth year in a row. Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of 0.6 percent. The...

January 12, 2018 No Responses

BPE: Comatose state of Nigerdock worrisome, negates essence of privatization

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has assured the Board and management of the Nigerdock Nigeria Plc that the Bureau is committed to the full realization of the potentials of the integrated engineering...

January 12, 2018 No Responses

7UP shareholders approve Affelka’s acquisition of 26.8 per cent stake

Seven-Up Bottling Company Plc shareholders on Thursday approved the Scheme of Arrangement for the acquisition of 26.8 per cent shares by Affelka South Africa. The shareholders gave the approval at the Court-Ordered meeting convened at the instance of the Fed...

January 12, 2018 No Responses

Stephanie Linus takes campaign against human trafficking to Italy

In partnership with the world renowned international humanitarian organisation ‘Doctors Without Borders’, Stephanie Linus is in Italy to give support to rescued victims of human trafficking and raise her voice against such human rights violations...

January 12, 2018 No Responses

Tin Can Customs generates N287.6billion in 2017

Between January and December, 2017, the Tin Can Island Command of the Nigeria Customs Service (NCS) collected N287.6 billion, indicating 92.71 per cent of its revenue target of N310.2 billion. A statement issued by the Public Relations Officer of the...

January 11, 2018 No Responses

‘Agriculture will boost Nigeria’s sustainable development’

Mr Aniefiok Umoren, the Head of Development Finance, Central Bank of Nigeria (CBN), Calabar, says agriculture remains the most viable option to boost the country’s sustainable development and food security. Umoren said this on Wednesday at the official lau...

January 11, 2018 No Responses

Mercedes-Benz sales hit 2.3m in 2017, to launch over a dozen new models in 2018

Mercedes-Benz in 2017 achieved its most successful year of all time.The foremost auto firm recorded a grand total of 2,289,344 vehicles worldwide, a 9.9 percent increase compared to the previous year. The all-time best yearly unit sales were driven by...

January 11, 2018 No Responses

Edo, SINOPEC sign 5,500bpd Modular Refinery deal

The Governor of Edo State, Mr. Governor Godwin Obaseki, on Wednesday in China, expanded the portfolio of foreign investments in the state following the signing of a Memorandum of Understanding (MoU) with a Chinese consortium for a 5,500 barrel per...

January 10, 2018 No Responses

World Bank: Nigeria’s economy to grow by 2.5% in 2018

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank’s January 2018 Global Economic...

January 10, 2018 No Responses

NPA probes Tincan Island Port fire

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has expressed sympathy to the Executive Committee of the Association of Nigerian Licensed Customs Agents (ANLCA) over the recent fire incidents which occurred resulting in the loss of s...

January 10, 2018 No Responses

Kia to unveil 16 electrified vehicles by 2025

Kia on Tuesday said it will continue to expand its range of environmentally-friendly cars in the coming years, and plans to offer a total of 16 electrified vehicles by 2025, including a fuel-cell electric vehicle (FCEV) in 2020. “By 2025,...

January 9, 2018 No Responses

Ogbeh: Agriculture created over 6m jobs in two years

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said on Monday that agriculture sector created six million jobs in the last two years. Ogbeh said this while analysing the achievements of his ministry and 2018 targets of the...