Foreign minister at 27, Sebastian Kurz set to become world’s youngest leader at 31

Foreign minister at 27, Sebastian Kurz set to become world’s youngest leader at 31

Austria’s conservative People’s Party, led by 31-year-old Sebastian Kurz, is set to win the country’s general election, projections suggest. Mr Kurz is on course to become the world’s youngest national leader. The People’s Party was set to win more than...
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Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

By Moses Ebosele, ebosele@hotmail.com –    A leading player in the automotive industry in Nigeria, Coscharis Group, has unveiled Ford Assembly plant in Lagos.   Already, the plant located at KM 32, Lekki-Epe Expressway, Awoyaya, Lagos State has rolle...
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NPA replies Intels, insist on level playing field for all operators

NPA replies Intels, insist on level playing field for all operators

By citybusinessnews@yahoo.com  –   The management of Nigerian Ports Authority (NPA) has dismissed reported plans by Integrated Logistics Services limited (Intels) to withdraw its investment agenda in Nigeria.   According to NPA, business thrives in f...
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Edo reviews 2017 budget downwards by 16.49 %

Edo reviews 2017 budget downwards by 16.49 %

The Edo State Government has approved the downward review of the 2017 budget from the initial ₦153.187bn to ₦127.921billion, representing a 16.49% reduction.  In a statement issued after an emergency Executive Council (EXCO) meeting held at Government Hou...
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SIFAX Group gets West Africa Shipping Award

SIFAX Group gets West Africa Shipping Award

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has bagged an award at the 7th edition of the Nigeria Brand Awards. SIFAX Group was awarded the “Most Innovative an...
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Osinbajo lauds NLNG, flags off construction of N120b Bonny-Bodo road project

Osinbajo lauds NLNG, flags off construction of N120b Bonny-Bodo road project

The Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, SAN (GCON), on Thursday in Bonny flagged off the construction of the N120 billion Bonny-Bodo Road to be jointly funded by Nigeria LNG Limited (NLNG) and the Federal...
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NSE appoints Jalo-Waziri CSCS boss

NSE appoints Jalo-Waziri CSCS boss

The Nigerian Stock Exchange (NSE) has appointed Mr. Haruna Jalo Waziri as the substantive Chief Executive Officer of the Central Securities Clearing System (CSCS).   National Wire reports that Waziri will take over from Mr. Bola Adeeko who  has been pilotin...
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South Korea gets order for 26 new vessels in September

South Korea gets order for 26 new vessels in September

Following the last year’s turmoil in the sector, shipyards from South Korea won the majority of orders worldwide in September 2017 and their order backlog increased for the first time in almost a 2-year period. Specifically, the country’s shipyards bagged....
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NSE Photo News

NSE Photo News

The Director General, Securities and Exchange Commission (SEC), Mr Mounir Gwarzo, (Left)  and  Mr. Abimbola Ogunbanjo, President, The Nigerian Stock Exchange (NSE), during a courtesy visit to the DG, SEC in Abuja.
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Committee submits technical report on gelegele seaport

Committee submits technical report on gelegele seaport

The Edo State Governor, Godwin Obaseki, has received the technical report on the proposed Gelegele Seaport, which is envisioned to serve as a key artery for the state’s economic diversification efforts. The governor received the report at the Government Hou...
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Coscharis Photo News

Coscharis Photo News

L-R: Mr. Felix Mahan, Brand Manager Ford, Coscharis Motors Plc; Mr Mide Kunle-Akinlaja, Executive Producer, The Next Titan; Mr. Abiona Babarinde, General Manager Marketing & Corporate Communications, Coscharis Group; at the premiere event of The Next Tita...
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Kia appoints Oleg new head of design in China

Kia appoints Oleg new head of design in China

Kia Motors has appointed prominent car designer Oleg Son, 56, as Head of Kia Design China – leading the brand’s design activities in China and strengthening its design capability in the rapidly expanding Chinese market. Son will be based in...
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Chevron to deliver LNG to customers in Asia

Chevron to deliver LNG to customers in Asia

 Chevron  has started producing liquefied natural gas (LNG) at the Wheatstone project in Western Australia.    According to Offshore Magazine, the first cargo is on track to be shipped in the coming weeks. At full capacity, the Wheatstone project’s t...
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FG names Sumaila sole administrator for Ajaokuta Steel Complex

FG names Sumaila sole administrator for Ajaokuta Steel Complex

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has announced the appointment of Engr. Abdul-Akaba  Sumaila, as the Acting Sole Administrator of the Ajaokuta Steel Complex.   Sumaila replaces Mr Joseph Isah, who retired from the civil service....
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