Anti-theft product:Nissan dealer to pay $298,000 penalties

Anti-theft product:Nissan dealer to pay $298,000 penalties

 New York dealership of Nissan, New Rochelle has agreed to pay more than $298,000 in restitution and penalties for deceptively charging hundreds of customers for a phony anti-theft product.   According to a report from Automotive News, Panarella purchased Nissan...
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GM to delist shares from stock exchange

GM to delist shares from stock exchange

General Motors Company is delisting its shares from the Toronto Stock Exchange (TSX) in Canada effective at the end of November. The company’s shares will still be traded in New York. In a statement, the automotive company said there was...
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Maersk Group posts $264m loss in Q2

Maersk Group posts $264m loss in Q2

Danish energy and transportation giant A.P. Moller – Maersk sailed into a loss of $ 264 million in the second quarter of 2017, a switch from last year’s profit of $118 million. Maersk said the loss was due to impairments...
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FirstBank appoints Tosin Adewuyi as Group Executive, Executive Director, FBNBank UK

FirstBank appoints Tosin Adewuyi as Group Executive, Executive Director, FBNBank UK

First Bank of Nigeria Limited has announced the appointment of Mr. Tosin Adewuyi as a Group Executive of First Bank of Nigeria Limited and an Executive Director of its flagship subsidiary FBNBank UK Limited.   The appointment is, however, subject...
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BMW to unveil all-new Roadster

BMW to unveil all-new Roadster

BMW will unveil two concept vehicles on August 17th, at the Lodge at Pebble Beach Concours d’Elegance Reviewing Stand area on the 18th green.   Speakers will include Bernhard Kuhnt, new President & CEO BMW of North America and Adrian...
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Heritage Bank, RIMAN, FDC enjoin firms to embrace modern risk management practices

Heritage Bank, RIMAN, FDC enjoin firms to embrace modern risk management practices

Heritage Bank Plc, Risk Managers Association of Nigeria (RIMAN) and Financial Derivatives Company Limited have called on corporate organizations to adopt systemic and cultural changes to embed risk management into their organisations as part of measures to ma...
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DMO boss seeks Editors’ support, explains focus on loan repayment, utilisation

DMO boss seeks Editors’ support, explains focus on loan repayment, utilisation

The Director General of the Debt Management Office (DMO), Ms. Patience Oniha, at the weekend in Lagos s solicited the support of the media in informing Nigerians on the management of the country’s debt stock and government’s drive towards infrastructural.....
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Buhari extols Nigeria’s relationship with China

Buhari extols Nigeria’s relationship with China

The relationship between Nigeria and China is one that President Muhammadu Buhari cherishes and values highly, Presidential spokesman, Mr Femi Adesina, has said.   Mr Adesina stated this when he received in audience the Vice Minister of Information of State.....
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Ghana, firm seal 25 years concession deal for new port Terminal

Ghana, firm seal 25 years concession deal for new port Terminal

The Ghana Ports and Harbours Authority (GPHA) has signed a concession agreement with compatriot firm IbisTek for the development and operation of an integrated container and multi-purpose terminal at the Port of Takoradi.  The concession term is 25 years, ac...
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Buhari: There’s tremendous improvement in my health

Buhari: There’s tremendous improvement in my health

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Volkswagen Diesel investigation adds another suspect

Volkswagen Diesel investigation adds another suspect

German prosecutors investigating the Volkswagen AG diesel-rigging scandal have again expanded the criminal fraud probe by adding another suspect, bringing the total number of people under investigation to 38.   Braunschweig prosecutors, who are conducting th...
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Kenyatta wins second term

Kenyatta wins second term

Kenya’s President Uhuru Kenyatta has been re-elected following Tuesday’s election, officials say. Mr Kenyatta, in office since 2013, took 54.3% of votes, ahead of his rival Raila Odinga, with 44.7%.  After the announcement, Mr Kenyatta called for ...
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Toyota, Mazda to invest $1.6b in U.S

Toyota, Mazda to invest $1.6b in U.S

Japanese car giants Toyota and Mazda have teamed up to invest $1.6bn in a new car plant in the US. The new factory aims to produce 300,000 vehicles a year and expects to employ about 4,000 people. President Donald Trump...
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All set for 2017 Online Publishers annual conference

All set for 2017 Online Publishers annual conference

The Guild of Corporate Online Publishers (GOCOP) has concluded arrangement for its 1st Annual Conference scheduled to hold on August 10, 2017 at Renaissance Hotel, Isaac John Street, Ikeja, Lagos State.  A statement by the Guild’s Publicity Secretary, Olumi...
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