FG to boost agriculture with $4.5b Chinese loan

FG to boost agriculture with $4.5b Chinese loan

Inline with the resolve of the Federal Government to diversify the economy especially through agriculture, President Muhammadu Buhari has authorised the Ministry of Finance, Budget and National Planning and the Central Bank of Nigeria (CBN) to work out technical details...
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Obaseki restates commitment to improve education

Obaseki restates commitment to improve education

Governor Godwin Obaseki of Edo State has reiterated his administration’s commitment to improving the standard of education in the state. Obaseki stated this when he received executive members of the Idia College Old Girls Association (ICOGA) at the Edo State...
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Shell to fuel world’s 1st LNG-Powered Aframax Tankers

Shell to fuel world’s 1st LNG-Powered Aframax Tankers

Russia’s SCF Group (Sovcomflot) has signed an agreement with Shell Western LNG B.V. (Shell) for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG. Under the...
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African envoys: India attacks on Nigerians ‘racial’

African envoys: India attacks on Nigerians ‘racial’

(BBC)—Envoys from African nations in the Indian capital, Delhi, have condemned the handling of recent attacks on Nigerian students in the city. In a statement, the African Heads of Mission said the attacks were “xenophobic and racial”. Indian...
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Photo News

Photo News

Chief Leemon Ikpea, Chairman/Chief Executive Officer Lee Engineering and Construction Company, on Thursday, April 30, 2017, graduated from Harvard Business School Owner President Management (OPM) 49 programme, in Boston, Massachusetts, United States.  Pictur...
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BPE decries inadequate dredging of Calabar Seaport Channel

BPE decries inadequate dredging of Calabar Seaport Channel

Worried by the inadequate dredging of the Calabar Seaport Channel several years after its terminal was handed over to concessionares, the Bureau of Public Enterprise (BPE) has pledged to “step in” and briefed the Federal Government adequately. According to...
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AXA Mansard Photo News

AXA Mansard Photo News

L – R  Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Tosin Runsewe, Chief Client Officer, AXA Mansard Plc; Wilm Langenbach, Chief Executive Officer AXA EMEALATAM; Sola Adeeyo, Chairman AXA Mansard Plc Board of Directors a...
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Report explains 22.4 per cent drop in terminal operators’ earnings

Report explains 22.4 per cent drop in terminal operators’ earnings

A report published in March by top global accounting and audit firm, Deloitte has revealed that Terminal Handling Charges (THC), which is the main revenue stream of terminal operators in Nigeria, declined by 22.4 per cent between 2006 and 2016...
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Ford recalls 52,000 pick-up trucks

Ford recalls 52,000 pick-up trucks

Ford is recalling 52,000 F-250 pick-up trucks over a fault which can cause the vehicle to roll while the automatic transmission lever is in park position. In a statement, the company advised users of the 2017 vehicles, sold in the...
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Okpekpe Race: Obaseki to run for orphanage

Okpekpe Race: Obaseki to run for orphanage

Edo State Governor, Mr Godwin Obaseki has declared his intention to run for an orphanage during the 5th Edition of the 10km Okpekpe Road Race scheduled to hold on May 13 in the state. Obaseki announced this while receiving the organisers of...
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MASSILIA Motors begins  free Diagnosis on Mitsubishi Vehicles

MASSILIA Motors begins free Diagnosis on Mitsubishi Vehicles

Sole distributor of Mitsubishi vehicles in Nigeria, Massilia Motors Limited, has announced a free one week diagnosis for all Mitsubishi vehicles beginning from Monday, April 3 to Friday April 7, in Lagos. Massilia Motors which was recently unveiled as a...
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VW settles 10 U.S. state diesel claims for $157 million

VW settles 10 U.S. state diesel claims for $157 million

By David Shepardson, Reuters –  Volkswagen AG has agreed to pay $157.45 million to settle environmental claims from 10 U.S. states over its excess diesel emissions, as the world’s largest automaker looks to move past the scandal. The settlement co...
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Audi unveils race car liveries for 2017 season

Audi unveils race car liveries for 2017 season

About a month before the DTM season opens, Audi is presenting the liveries of the six Audi RS 5 DTM cars. The engineers at the Audi motorsport department prepared the race cars in the past two weeks together with the...
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Toyota Nigeria honours First Bank with Evergreen Award

Toyota Nigeria honours First Bank with Evergreen Award

Citing sustained dedication and loyalty over the years, Toyota Nigeria Limited (TNL) has honoured First Bank of   Nigeria with an Evergreen Award and N2.5m reward. At a colourful award ceremony held in Lagos on Thursday, TNL Chairman, Chief Michael...
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