International Archives — Page 57 of 58

August 9, 2016 No Responses

Nigeria to raise $1B Eurobond

The Federal Government has concluded plan to raise $1 Billion from International Capital Market in 2016. According to the Debt Management Office, the $1billion sale is the first tranche of a $4.5 billion Nigeria Global Medium-Term Notes Issuance Programme.....

August 8, 2016 No Responses

IOSCO unveils cyber guidelines for financial markets

The Committee on Payments and Market Infrastructures (CPMI) and the Board of the International Organization of Securities Commissions (IOSCO) have released the final report Guidance on cyber resilience for financial market infrastructures According to IOSC...

August 8, 2016 No Responses

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...

August 6, 2016 No Responses

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...

August 6, 2016 No Responses

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...

August 6, 2016 No Responses

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...

August 5, 2016 No Responses

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...

August 5, 2016 No Responses

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 ...

August 4, 2016 No Responses

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...

August 2, 2016 No Responses

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...

July 30, 2016 No Responses

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...

July 30, 2016 No Responses

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...

July 30, 2016 No Responses

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...