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

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...
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Edo partners World Bank on expenditure framework, inclusive growth

Edo partners World Bank on expenditure framework, inclusive growth

The Edo State Government has revealed that it is partnering with the World Bank on its Medium-Term Expenditure Framework (MTEF) and Medium Term Sector Strategy (MTSS), for efficient allocation of resources and engender inclusive growth. Special Adviser to the ...
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Renault, Nissan, Mitsubishi seek robo-taxi deals with tech companies

Renault, Nissan, Mitsubishi seek robo-taxi deals with tech companies

Renault, Nissan Motor and Mitsubishi Motors are lining up partners for their push into shared driverless robo-taxis.  The alliance plans to unveil names in coming months, said Ogi Redzic, a senior vice president overseeing about 1,000 employees developing con...
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New Mercedes-Benz G-Class to debut this month

New Mercedes-Benz G-Class to debut this month

Mercedes will host world premiere of G-Class W464 this in January 2018 at the North American International Auto Show in Detroit.   Also, the company will begin to accept orders for the next generation and will have it at dealers...
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‘Oando’s forensic audit to commence this month’

‘Oando’s forensic audit to commence this month’

There is no going back on the forensic audit of Oando Plc,  the Acting Director-General of the Securities and Exchange Commission (SEC), Mr. Abdul Zubair, has said.    Speaking at a press briefing in Abuja on Tuesday, Zubair said the...
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Kia declares 226,842 sales in December

Kia declares 226,842 sales in December

Kia Motors Corporation announced its December 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 226,842 units sold.   In December, sales in Korea slid 6.2% compared with the same month last...
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Court rejects VW’s bid to suspend emissions audit

Court rejects VW’s bid to suspend emissions audit

Germany’s highest court has rejected a bid by Volkswagen AG to suspend the work of a special auditor appointed to investigate management’s actions in the “Dieselgate” emissions scandal.  A three-judge panel did not give an opinion on the merits of...
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NSE emerges one of the top five best performing exchange in 2017

NSE emerges one of the top five best performing exchange in 2017

The value of public companies on global stock markets grew by $12.4 trillion in 2017, according to S&P Dow Jones Indices, which included dividends in its calculation.   According to CNN, a  number of markets even outperformed the U.S. Here’s...
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Pope seeks peace for Jerusalem

Pope seeks peace for Jerusalem

Pope Francis has used his traditional Christmas Day message to call for “peace for Jerusalem” and dialogue between Israelis and Palestinians. Acknowledging “growing tensions” between them, he urged a “negotiated solution… th...
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World’s largest amphibious plane in maiden China flight

World’s largest amphibious plane in maiden China flight

The world’s largest amphibious aircraft, China’s AG600, has made a successful one-hour maiden flight. The plane, roughly the size of a Boeing 737 but with four turboprop engines, lifted off from Zhuhai airport in the southern province of Guangdong....
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HSH to sell shares in FSL Trust

HSH to sell shares in FSL Trust

Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is in discussions with investors for a potential sale of all of its shares in FSL Holdings, the sponsor of the trust. FSL Holdings, through FSL Asset Management, owns all...
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Taipei hosts 2017 Capital Markets Forum

Taipei hosts 2017 Capital Markets Forum

A total of 10 exchanges and 23 representatives attended the Asian and Oceanian Stock Exchanges Federation (AOSEF) Working Committee, hosted by the Taipei Exchange (TPEx), in November 2017. Delegates attended from major stock exchanges across Asia, including: B...
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Jeep Wrangler explains 2018 mission, top model to cost $60,000

Jeep Wrangler explains 2018 mission, top model to cost $60,000

The 2018 Jeep Wrangler JL starts at just $26,995. That base price is for the two-door Sport model, with the most expensive model of the bunch being the four-door Rubicon Unlimited, which asks $40,495 starting.   Jeep has opened up its...
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BIMCO: Dry Bulk Demand to Outstrip Supply in 2018

BIMCO: Dry Bulk Demand to Outstrip Supply in 2018

Next year promises to provide some breathing space for bulker owners as the dry bulk fleet is likely to grow at the slowest pace seen since 1999, according to BIMCO, which expects global demand to outstrip supply growth in 2018....
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