Black Friday: Coscharis motors partner jumia on discounts for customers

Black Friday: Coscharis motors partner jumia on discounts for customers

Coscharis Motors PLC, a foremost automobile dealer in Nigeria and sole representative of globally respected iconic auto brands like Ford, BMW, Jaguar, Land Rover, Morris Garages (MG), etc, in Nigeria, has partnered with Jumia the largest online shop in Africa...
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NNPC, Chevron sign $1.7b deal to increase crude, gas production

NNPC, Chevron sign $1.7b deal to increase crude, gas production

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. The agreement, signed in London, is also expected...
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Expert blames exit of firms from oil & gas zone on alleged OGFZA’s unfriendly policies

Expert blames exit of firms from oil & gas zone on alleged OGFZA’s unfriendly policies

Citing unfriendly policies, a Port Harcourt based oil and gas industry expert, Dr. Austin Obieze has accused the Oil and Gas Free Zones Authority (OGFZA) of allegedly deviating from Federal Government laid down rules and regulations.    This is even...
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ICAO seeks investment in airports, air navigation infrastructure

ICAO seeks investment in airports, air navigation infrastructure

Dr Bernard Aliu, President, International Civil Aviation Organisation (ICAO), has called on member states, stakeholders and development partners to invest more in the development of airports and air navigation infrastructure. Aliu made the call in his welcome ...
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Obiano dedicates victory to Anambra people

Obiano dedicates victory to Anambra people

Governor Willie Obiano of Anambra says his victory in the governorship election does not belong to him or All Progressives Grand Alliance (APGA) but to all the people of Anambra Obiano, in his acceptance speech titled, ‘Time to Build a New...
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FRSC Lekki remembers Road Traffic Victims

FRSC Lekki remembers Road Traffic Victims

The Lekki unit command of the Federal Road Safety Corps (FRSC) has held different programmes to mark the yearly World Day Remembrance of Road Traffic Crash victims. According to a statement by the Unit Commander, Azubike Onyemeh, series of activities...
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VW sets aside $40b for electric vehicles

VW sets aside $40b for electric vehicles

Volkswagen AG will spend more than 34 billion euros ($40 billion) over the next five years to develop automotive technology for an era of electric robo-taxis. With the unprecedented investment through 2022, Volkswagen is accelerating its push into battery-powe...
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‘Treat money laundering, financial crimes with zero tolerance’

‘Treat money laundering, financial crimes with zero tolerance’

Treat money laundering, financial crimes with zero tolerance to maintain and sustain economic, financial and political stability, the Vice President Yemi Osinbajo, has said.  Prof. Osinbajo stated this at the opening ceremony of the Inter-Governmental Acti...
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Navy inducts 1,585 personnel for military operations

Navy inducts 1,585 personnel for military operations

The Nigerian Navy on Saturday inducted 1,585 personnel that would be deployed in counter insurgency and oil theft operations across the country. Chief of Defence Staff, Gen. Gabriel Olonisakin, inducted the troops during the Passing Out Parade of Batch 26th...
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NADDC Ex-Director, Luqman Mamudu floats consulting firm, lauds passage of auto industry bill by national assembly

NADDC Ex-Director, Luqman Mamudu floats consulting firm, lauds passage of auto industry bill by national assembly

By Moses Ebosele, ebosele@hotmail.com –   The immediate past National Automotive Design and Development Council (NADDC) Director in charge of Policy and Planning, Luqman Mamudu has commended the Nigerian Senate for passing the bill on National Automotiv...
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NPA new measures to ease Apapa gridlock begins November 23.

NPA new measures to ease Apapa gridlock begins November 23.

After consultations with major stakeholders, the Nigerian Ports Authority (NPA) on Friday unveiled measures “critical to the effective management of the traffic situation around the Apapa Area of Lagos State.  According to NPA, with effect from November 23,...
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ILO appoints Cynthia Samuel-Olonjuwon as Regional Director for Africa

ILO appoints Cynthia Samuel-Olonjuwon as Regional Director for Africa

The International Labour Organisation (ILO) has appointed a Nigerian, Ms Cynthia Samuel-Olonjuwon as its Assistant Director-General and Regional Director for Africa. Guebray Berhane, the Senior Communication Officer of ILO Regional Office for Africa in Abidjan...
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Obaseki approves N500m for infrastructure projects, to access World Bank’s N2b facility

Obaseki approves N500m for infrastructure projects, to access World Bank’s N2b facility

The Edo State Government has approved N500 million as counterpart funding for the state’s SEEFOR public works programme, which will enable it access N2bn from the World Bank for infrastructural projects in the state.  The Commissioner for Communication and...
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CFAO marks new milestone, commissions FUSO Assembly Plant in Lagos

CFAO marks new milestone, commissions FUSO Assembly Plant in Lagos

By citybusinessnews@yahoo.com –     The CFAO group, with its subsidiary CFAO Equipment, the sole distributor of the FUSO brand in Nigeria, in conjunction with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle...
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