Poetsch, VW Chairman under investigations

Poetsch, VW Chairman under investigations

Car giant Volkswagen says German prosecutors have expanded their probe of the emissions scandal to include the firm’s chairman of the board. Hans Dieter Poetsch was chief financial officer when the scandal over cars rigged to cheat on US diesel...
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Stowaway incidents rise in South Africa

Stowaway incidents rise in South Africa

  Gothenburg-based marine insurer The Swedish Club has issued an urgent stowaway advice for shipowners to prevent stowaways from boarding vessels in South African ports, following a rise in such incidents in the last two months. Shipowners should be conce...
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I’m not afraid of jail, says Zuma, South Africa’s embattled President

I’m not afraid of jail, says Zuma, South Africa’s embattled President

(BBC) South Africa’s embattled President Jacob Zuma has said he is not scared of going to prison, days after an investigation found evidence of possible government corruption.  This was his first public appearance since an anti-corruption report asked f...
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BMW explains increase in third-quarter profit

BMW explains increase in third-quarter profit

(Bloomberg/Reuters)-  BMW Group’s third-quarter profit rose 1.1 percent as demand for its SUVs propelled sales in Europe and China, offsetting a slump in the U.S.  Earnings before interest and taxes climbed to 2.38 billion euros ($2.64 billion) from 2....
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Facebook promotes safety online in Lagos, Kenya

Facebook promotes safety online in Lagos, Kenya

Two months after Facebook Chief Executive Officer Mark Zuckerberg traveled to Nigeria and Kenya to meet with developers, partners, and entrepreneurs, Alex Stamos, Chief Security Officer at Facebook, gave a keynote address at the CyberXchange  security confere...
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West Blue partners Ecobank on single window cash xpress card

West Blue partners Ecobank on single window cash xpress card

West blue consulting in partnership with Ecobank has unveiled the Ghana national single window cash xpress card.   The ceremony which was held in Ghana had in attendance the commissioner general,GRA; Mr George blankson, the Chief Executive Officer  of West.....
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WFE names new board officers

WFE names new board officers

At the 56th General Assembly in Cartagena on Thursday, the World Federation of Exchanges (WFE) appointed three new officers of the Board, in line with the organisation’s customary geographical rotation of officers every two years.   The new officers of...
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How to grow liquidity in emerging market exchanges, by Arunma Oteh, others

How to grow liquidity in emerging market exchanges, by Arunma Oteh, others

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers  on Wednesday  in Cartagena, Colombia held a roundtable to discuss how best to grow liquidity in emerging market exchanges.  The session which form part ...
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FirstBank attains ISO 9001: 2015 quality management systems certification

FirstBank attains ISO 9001: 2015 quality management systems certification

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc  has achieved the Quality Management Systems certification from the International Standards    Organisation (ISO).   This certification also known as the ISO 9001:2015 is the latest version o...
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Oshonaike reclaims African title

Oshonaike reclaims African title

Olufunke Oshonaike has reclaimed her long lost African title at the ITTF African Senior Championships after beating Egypt’s Dina Meshref 4-2 in the final of the women’s singles.  The Egyptian has been unbeaten in the last two years, but Oshonaike...
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Nigeria retains men’s doubles title

Nigeria retains men’s doubles title

Having watched Egypt claimed three titles ahead of them in the ITTF Africa Senior Championships, Nigeria showed their quality in the men’s doubles as the pair of Aruna Quadri and Segun Toriola retained the men’s doubles title.  Pairing for the...
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Hyundai, Kia in $41.2m settlement with states

Hyundai, Kia in $41.2m settlement with states

(Auto News)-Hyundai Motor Company and Kia Motors Corporation have opted for a  $41.2 million settlement with attorneys general from 33 states and the District of Columbia.   The development will close the remaining investigations into the automakers’ overs...
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World Federation of Exchanges to host 300 delegates at 2016 annual meeting

World Federation of Exchanges to host 300 delegates at 2016 annual meeting

The World Federation of Exchanges (WFE) has concluded plans to host 300 delegates at its  56th General Assembly & Annual Meeting scheduled for November 2-4,  2016, in Cartagena, Colombia.  The event, hosted by Bolsa de Valores de Colombia (BVC), will...
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Mercedes plans two powerful E-class variants

Mercedes plans two powerful E-class variants

(Auto News) Mercedes-Benz’s latest E-class sedans went on sale in June and now the automaker has shed light on the high-performance variants. The high-end E63 S is powered by a 4.0-liter V-8 biturbo engine that produces 603 hp and 627...
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