Again, Toyota emerges best in global reliability survey

Again, Toyota emerges best in global reliability survey

For the fifth year in a row, Toyota and Lexus rank as the top two brands for reliability based on a survey of Consumer Reports subscribers.   Consumer Reports‘ 2017 Auto Reliability Survey published on Thursday  found “growing pains” among...
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NLNG demands $315m judgment debt from NIMASA

NLNG demands $315m judgment debt from NIMASA

The Management of Nigeria LNG (NLNG) has formally issued a demand notice for the sum of $315,598,823.29 judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA).   According to NLNG, the sum represents the payments made under protest.....
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Nigeria, Ghana, sign MoU on maritime operations

Nigeria, Ghana, sign MoU on maritime operations

In line with its vision to enhance regional integration to develop capacity, the Nigerian Maritime Administration and Safety Agency, NIMASA, has signed a Memorandum of Understanding (MoU) with the Ghanaian Maritime Authority, GMA.   At the official signing of...
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Nissan appoints Anthony Thomas Chief Information Officer, brand value rises to $11.5b

Nissan appoints Anthony Thomas Chief Information Officer, brand value rises to $11.5b

Nissan Motor Company Limited has announced that Anthony Thomas, most recently group CIO at GE Global, will assume the duties of CVP, CIO (chief information officer), Global IS/IT Nissan from October 23, 2017.  Thomas will be based at Nissan’s headquarte...
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Management Crisis: Samsung CEO resigns

Management Crisis: Samsung CEO resigns

Citing “unprecedented crisis”, Samsung Electronics chief executive Kwon Oh-hyun has resigned. It is the latest management upheaval at the firm after the heir of the entire Samsung Group was imprisoned for corruption in August. Mr Kwon is one of thr...
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Audi delivers 1,380,800 vehicles in nine months

Audi delivers 1,380,800 vehicles in nine months

AUDI AG ended the third quarter with an increase of 2.6 percent in September sales compared to 2016. In the past month, the company sold 178,350 units.   The picture was mixed among the top markets: While sales grew in the...
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Kia appoints Oleg new head of design in China

Kia appoints Oleg new head of design in China

Kia Motors has appointed prominent car designer Oleg Son, 56, as Head of Kia Design China – leading the brand’s design activities in China and strengthening its design capability in the rapidly expanding Chinese market. Son will be based in...
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Chevron to deliver LNG to customers in Asia

Chevron to deliver LNG to customers in Asia

 Chevron  has started producing liquefied natural gas (LNG) at the Wheatstone project in Western Australia.    According to Offshore Magazine, the first cargo is on track to be shipped in the coming weeks. At full capacity, the Wheatstone project’s t...
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ILO: Sluggish SME development hurts jobs, economy

ILO: Sluggish SME development hurts jobs, economy

Investing in workers and innovation, and boosting trade and social dialogue are key to stemming rising global unemployment, the latest edition of the ILO’s flagship report shows.   With more than 201 million workers unemployed in 2017 – an increase...
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Porsche seeks $235m damages from Audi over diesel scandal

Porsche seeks $235m damages from Audi over diesel scandal

There’s trouble in Volkswagen paradise as Porsche begins litigation against its sister-brand Audi, alleging that the auto manufacturer’s role in the Dieselgate scandal has cost the luxury automaker upwards of $234 million, Reutersreports. In 2015, ...
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South African Regulator Approves Maersk Line’s Deal

South African Regulator Approves Maersk Line’s Deal

South Africa’s competition tribunal has cleared Maersk Line’s proposed acquisition of German liner company Hamburg Süd. “The clearance is conditional upon Hamburg Süd’s withdrawal from the SAAF vessel sharing agreement operating in the South Africa...
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Tony Elumelu Foundation to host 1,300 entrepreneurs, business leaders from 54 countries

Tony Elumelu Foundation to host 1,300 entrepreneurs, business leaders from 54 countries

The Tony Elumelu Foundation (TEF), Africa’s largest philanthropy focused on supporting entrepreneurship, has announced that the 3rd annual TEF Entrepreneurship Forum will take place on October 13-14 in Lagos.   This is the first year the invitation-only For...
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FirstBank unveils new ultra-modern head office in Ghana

FirstBank unveils new ultra-modern head office in Ghana

First Bank of Nigeria Limited has unveils a new ultra-modern Head Office for its subsidiary, FBNBank Ghana to enhance service delivery in the Ghanaian market. According to the Managing Director, FBNBank Ghana, Gbenga Odeyemi, FBNBank is resolute in its passion...
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Again, Toyota Hilux emerges best in pick-up segment, delivers 3995 units

Again, Toyota Hilux emerges best in pick-up segment, delivers 3995 units

Again, Toyota Hilux has emerged as South Africa’s best-selling vehicle as at September, 2017. Already, the Hilux has delivered 3995 units to Customers across the country. Within the period, Ford Ranger sold 2337 units, leaving Nissan NP200 in third place...
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