Kenyatta: I’m ready for another election

Kenyatta: I’m ready for another election

Kenyan President Uhuru Kenyatta has branded judges in the country’s Supreme Court “crooks” after they annulled his win in presidential elections. He earlier called for calm and said he would respect the ruling but struck a more combative note at...
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VW explains new diesel scrappage scheme

VW explains new diesel scrappage scheme

Volkswagen UK is offering customers discounts of up to £6,000 to trade in diesel vehicles when buying a new car. All the Volkswagen UK brands – including Audi, Seat, Skoda and Volkswagen Commercial Vehicles – will participate. VW launched a...
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Stallion motors dares SUV segment leaders with N7.9m price tag for Changan CS35

Stallion motors dares SUV segment leaders with N7.9m price tag for Changan CS35

Stallion Motors Limited has announced price offer of N7.9m for the new Changan CS35 entry-level Sport Utility Vehicle (SUV) to cater for a growing demand for vehicles in the compact SUV market segment. The bargain, according to the company, is...
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COSCO Shipping records $26.3m profit in six months

COSCO Shipping records $26.3m profit in six months

COSCO Shipping International (Hong Kong) Limited witnessed a rise in its earnings during the first half of 2017, driven by long-awaited signs of recovery in the shipping industry.   For the six months ended 30th June 2017, the group’s profit...
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Audi appoints four new board members

Audi appoints four new board members

There is to be a new composition of the Board of Management of AUDI AG as of September 1. The area of Finance, IT and Integrity will be the responsibility of Alexander Seitz and the area of Marketing and Sales...
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Kia signs new UEFA Europa league sponsorship deal

Kia signs new UEFA Europa league sponsorship deal

Kia Motors has been  named as a new Official Partner of the UEFA Europa League. The three-year sponsorship agreement commences in time for the 2018/19 season, and runs through to the UEFA Europa League final in 2021. The UEFA Europa...
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Top ships under investigation over share issuance scheme

Top ships under investigation over share issuance scheme

An investigation has been launched on behalf of investors of Top Ships, a Marshall Islands-incorporated tanker owner and operator, into the company’s dealings with Kalani Investment. According to US-based law firm Glancy Prongay & Murray LLP (GPM), the...
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Minister: Nigeria is ready for investments in creative industry

Minister: Nigeria is ready for investments in creative industry

The Minister of Information and Culture, Alhaji Lai Mohammed, says Nigeria is ready to receive investors in the Creative Industry, having created the enabling environment for investments through favourable economic policies. The Minister stated this in Abuja...
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Firm to test autonomous boxship in 2019

Firm to test autonomous boxship in 2019

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) intends to test an autonomous containership in the Pacific Ocean in 2019. The ship would sail from Japan to North America with a crew on standby, Hideyuki Ando, a senior general manager at Monoh...
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Emissions: Volkswagen engineer jailed

Emissions: Volkswagen engineer jailed

A former Volkswagen engineer who helped develop a device that enabled cars to evade US pollution rules has been sentenced to more than three years in prison and ordered to pay $200,000. James Liang, 63, was the first person prosecuted...
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Nissan celebrates 70 years of electric vehicles

Nissan celebrates 70 years of electric vehicles

Exactly 70 years after the debut of its first electric vehicle (EV), Nissan’s most advanced EV ever – the Nissan BladeGlider sports car – took center stage at this year’s Goodwood Festival of Speed in the UK.  According to the...
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NNPC implores indigenous firms to bid for 30 marginal fields

NNPC implores indigenous firms to bid for 30 marginal fields

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Ayo Teriba seeks support for privatization scheme

Ayo Teriba seeks support for privatization scheme

A leading economist and the Chief Executive Officer of Economic Associates, Dr. Ayo Teriba, has called for the opening of the Nigerian  economy through privatisation which stimulates foreign direct investment(FDI.)  “Privatisation is the tool which most co...
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Worldstage CEO implores Nigerians on innovation for collective economic development

Worldstage CEO implores Nigerians on innovation for collective economic development

The President/CEO of Worldstage Group, Mr. Segun Adeleye, convener of the Worldstageeconomicusummit2017 has charged all Nigerians and business owners within the country to imbibe innovation for economic development.   According to him, diversification into no...
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