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 House, Benin...
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Intels to sack more workers

Intels to sack more workers

Feelers emanating from Integrated Logistics Services (Intels) on Wednesday indicated that the company is to reduce further its workforce “due to ongoing challenges and hostile business environment”.    A source at the headquarters of the seaport conce...
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Audi delivers 1,380,800 vehicles in nine months

Audi delivers 1,380,800 vehicles in nine months

AUDI AG ended the third quarter with an increase of 2.6 percent in September sales compared to 2016. In the past month, the company sold 178,350 units.   The picture was mixed among the top markets: While sales grew in the...
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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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Union Bank Photo News

Union Bank Photo News

L – R: Joe Mbulu, Transformation Director, Union Bank of Nigeria Plc; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Emeka Emuwa, Group Managing Director/CEO, Union Bank of Nigeria Plc and Somuyiwa Sonubi...
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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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Baru reiterates commitment to consolidate NNPC, trading company to efficiency, profitability

Baru reiterates commitment to consolidate NNPC, trading company to efficiency, profitability

 The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru has reaffirmed his commitment to consolidate the NNPC group, especially its trading arm for efficiency and profitability.    Since assuming duty, Dr. Baru...
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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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NPA boss implores PMAWCA on capacity development

NPA boss implores PMAWCA on capacity development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has implored women professionals in the Maritime sub-sector to invest more in capacity development.   Hadiza Bala Usman gave this charge in a key note address at the opening...
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Kia records 252,254 sales in September

Kia records 252,254 sales in September

Kia Motors Corporation announced its September 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 252,254 units sold.  According to the suto firm, in September, domestic market sales totaled...
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ILO: Sluggish SME development hurts jobs, economy

ILO: Sluggish SME development hurts jobs, economy

Investing in workers and innovation, and boosting trade and social dialogue are key to stemming rising global unemployment, the latest edition of the ILO’s flagship report shows.   With more than 201 million workers unemployed in 2017 – an increase...
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Oke wins NLNG ‘s $100, 000 Prize

Oke wins NLNG ‘s $100, 000 Prize

Ikeogu Oke has emerged winner of the 2017 edition of Nigeria Prize for Literature, promoted by Nigeria LNG Limited (NLNG). The award goes with a cash prize of $100, 000.    Making the announcement in Lagos, the chairman of Advisory...
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Porsche seeks $235m damages from Audi over diesel scandal

Porsche seeks $235m damages from Audi over diesel scandal

There’s trouble in Volkswagen paradise as Porsche begins litigation against its sister-brand Audi, alleging that the auto manufacturer’s role in the Dieselgate scandal has cost the luxury automaker upwards of $234 million, Reutersreports. In 2015, ...
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