Nigeria defeat Sweden, qualify for quarterfinals

Nigeria defeat Sweden, qualify for quarterfinals

It was jubilation early this morning as Nigeria U-23 football team qualified for the quarterfinals of the Olympic Games football event after a 1-0 victory over Sweden.  The team took advantage of its resilience and team work to suppres its...
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Kia USA, Nigeria explain July sales growth

Kia USA, Nigeria explain July sales growth

By Moses Ebosele –    For the month of July 2016, Kia Motors has described performance in the United States of America (USA) and Nigeria as successful.  Though sales figures in Nigeria were not available as at press time, the...
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Hyundai Tuckson receives J.D Power 2016 award

Hyundai Tuckson receives J.D Power 2016 award

J.D. Power has designated the 2016 Hyundai Tucson as its most appealing small  Sports Utility Vehicle (SUV) in the 2016 Automotive Performance, Execution and Layout (APEAL) StudySM.  A statement issued by the compant explained that in its 21st year, the...
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NAJA seeks support for Ford safe driving initiatives

NAJA seeks support for Ford safe driving initiatives

The Chairman of Nigerian Auto Journalists Association (NAJA), Mr. Frank Kintum has commended Ford Motors Corporation Sub-Saharan Africa for initiating training programme for Journalists within the continent.   Delivering his opening speech at the maiden editi...
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Buhari seeks stronger economic ties with Italy

Buhari seeks stronger economic ties with Italy

(NAN)President Muhammadu Buhari has called for stronger trade and economic relations between Nigeria and Italy. A statement issued by the senior special assistant to the president on media and publicity, by Garba Shehu, explained that  Buhari made the call wh...
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Minister congratulates football team for their victory over Japan

Minister congratulates football team for their victory over Japan

By Moses Ebosele  –   The Honourable Minister of Youth and Sports, Barrister Solomon Dalung has  congratulated  the National U-23 football team for their outstanding 5-4 victory over Japan in their opening Group B game. Dalung said “The Dream ...
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Firefighter dies as Emirates plane with 300 passengers crash-land at Dubai airport

Firefighter dies as Emirates plane with 300 passengers crash-land at Dubai airport

(Sky News)- A firefighter was killed while responding to a plane that crash-landed at Dubai airport and became engulfed in fire, the Emirates airline chairman has said. The passenger jet, carrying 300 people, crash-landed at Dubai International Airport and b...
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Nigeria seeks $3.5Billion loan from World Bank, AfDB

Nigeria seeks $3.5Billion loan from World Bank, AfDB

The Federal Government has commenced negotiation for concessionary loans of $3.5 Billion from the World Bank and African Development Bank (AfDB). According to the Minister of Finance, Mrs Kemi Adeosun, the fund will support Government effort to finance the 201...
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Hyundai explains 7.0 % drop in profit

Hyundai explains 7.0 % drop in profit

By Moses Ebosele –     Citing decrease in export, weak currencies and economic recession in emerging markets, Hyundai Motor Company has announced 7.0 per cent drop in its operating profit for the first half of 2016.   However, within the...
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Audi declares 950,000 sales, €30.1 billion in six months

Audi declares 950,000 sales, €30.1 billion in six months

By Moses Ebosele –  For the first six months of 2016, Audi Group delivered more than 950,000 automobiles of the Audi brand worldwide and “increased its revenue to €30.1 billion”.  In its first half of the year financial statement released...
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Rolls-Royce projects £100m annualised savings

Rolls-Royce projects £100m annualised savings

By Moses Ebosele –   Despite one per cent revenue drop in the first half of 2016,  Rolls-Royce is to attain   £100m annualised savings before the end of 2016 financial year   The company  explained on Wednesday that as set out...
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How to boost tourism development in Nigeria, by UN

How to boost tourism development in Nigeria, by UN

 By Moses Ebosele –  To successfully enhance tourism development, the United Nation World Tourism Organization (UNWTO) has advised Nigeria to put into consideration the critical role of technical assistance, capacity building, Tourism Master Plan and i...
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Turkey wants 17 “Turkish” schools closed in Nigeria

Turkey wants 17 “Turkish” schools closed in Nigeria

 (NAN)-The Turkish Ambassador to Nigeria, Hakan Cakil, has called on the Nigerian Government to close 17 Turkish schools in Nigeria for their alleged links with a movement his government says was involved in the July 15 failed coup attempt in...
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UK Envoy canvasses support for Nigerian capital market

UK Envoy canvasses support for Nigerian capital market

By Moses Ebosele Despite various economic challenges in Africa, the Nigerian capital market has great opportunities, United Kingdom Trade & Investment (UKTI) Envoy,  John Howell has said.   According to Howell, Nigeria’s capital market is viabrant, not...
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