Toyota Unveils New Highlander

Toyota Unveils New Highlander

Toyota Motor Corporation has unveiled a bigger and bolder Highlander for 2020  with  more efficient hybrid powertrain. The redesigned fourth-generation Highlander made its debut on Wednesday at the 2019 New York International Auto Show and is due on sale in...
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Ecobank, Terrakulture Seal Partnership

Ecobank, Terrakulture Seal Partnership

EcobankPay, the lifestyle digital payment and collections service of Ecobank Nigeria has entered into partnership with TerraKulture, Nigeria’s foremost stage play and cultural show promoters with Bolanle-Austen Peters as lead.  Through this partnership,...
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Hyundai Secures $600m Gas, Tanker Orders

Hyundai Secures $600m Gas, Tanker Orders

South Korea’s Hyundai Heavy Industries has secured orders for five new gas and crude carriers, with a value of around USD 600 million, in recent weeks. The shipbuilder said that the units were ordered by European and Asian ship owners...
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CSCS Attains Thomas Murray A+ Rating

CSCS Attains Thomas Murray A+ Rating

Central Securities Clearing System (CSCS) Plc has been upgraded by Thomas Murray, the global post-trade risk and custody specialists, from A to A+, which denotes a ‘Low’ Overall Risk. A statement explained that the  overall Assessment of ‘A+’ refl...
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Ambode Performs Pre-Launch Of $50m Longrich Factory

Ambode Performs Pre-Launch Of $50m Longrich Factory

Lagos State Governor Akinwunmi Ambode on Sunday  performed the pre-launch of a $50 million manufacturing plant in Lekki Free Zone. The governor expressed optimism that the facility would go a long way to create jobs and boost the nation’s foreign...
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Shipping Firm Develops New Port Supply Chain

Shipping Firm Develops New Port Supply Chain

Hong Kong-based port operator COSCO Shipping Ports signed an investment agreement with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau. Under the deal, the company plans to develop phase I of terminal extended business in the land n...
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Lagos To Crush 2,500 Impounded Motorcycles

Lagos To Crush 2,500 Impounded Motorcycles

The Lagos State Environmental Sanitation and Special Offences Unit (Task Force) on Sunday said it would crush over 2,500 commercial motorcycles impounded by the agency between January and March 2019. Adebayo Taofiq, the agency’s spokesperson, said in a state...
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Tinubu To FG: Don’t Increase VAT

Tinubu To FG: Don’t Increase VAT

All Progressive Congress (APC) National Leader and former Lagos State Governor, Bola Tinubu on Thursday advised the Federal Government not to increase the Value Added Tax (VAT). He explained that  a new VAT regime will increase the burden of Nigerians....
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Entities Must Identify, Block Fraudsters, Says Saleh, CEO, Egyptian Stock Exchange

Entities Must Identify, Block Fraudsters, Says Saleh, CEO, Egyptian Stock Exchange

The Executive Chairman, Egyptian Stock Exchange, Mohamed Farid Saleh, has advised financial institution to put in place a detailed Know Your Customer (KYC) policy as part of measures to curtail financial crimes.  In a chat with WFE in house magazine,...
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LNG Fueled Ferry Joins Brittany Network

LNG Fueled Ferry Joins Brittany Network

French shipping company Brittany Ferries has confirmed the charter of a third brand new cruise-ferry to serve its long-haul routes. To be powered by LNG, the ship will be built at the AVIC Weihai Shipyard in China and is due...
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NIMASA, Stakeholders Move To End Cabotage Waivers

NIMASA, Stakeholders Move To End Cabotage Waivers

As part of efforts to actualise the full implementation of the Cabotage Act, 2003, which aims to promote indigenous participation in shipping in Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) and key industry players have mapped out a...
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Air Peace receives 3rd Boeing 777 aircraft

Air Peace receives 3rd Boeing 777 aircraft

West Africa’s biggest carrier, Air Peace on Wednesday pushed Nigeria’s aviation profile a notch higher with the delivery of its third Boeing 777 aircraft. The airline took delivery of its first Boeing 777 aircraft on February 23, 2018, making history...
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Mercedes-Benz Delivers 152,690 vehicles In February

Mercedes-Benz Delivers 152,690 vehicles In February

In the first two months of this year, Mercedes-Benz delivered 333,229 cars worldwide (-6.7%). In February, 152,690 vehicles with the three-pointed star were sold worldwide (-6.7%). The model changes in the highest-volume segments SUVs and compact cars had an i...
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Federer Wins 100th ATP Title

Federer Wins 100th ATP Title

Roger Federer has won his 100th ATP Tour title at the Dubai Tennis Championships – 6,600 days after winning his first in Milan. The 37-year-old Swiss – a 20-time Grand Slam champion – beat Greece’s Stefanos Tsitsipas 6-4 6-4. Federer&#8...
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