Nissan Declares $752 million Operating Profit

Nissan Declares $752 million Operating Profit

Nissan Motor Company reported a halving of its fiscal third-quarter operating profit, weighed by costs from improper final inspection procedures at home and higher discounts in the U.S.   Operating profit was ¥82.4 billion ($752 million) October through December, down from...
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Mercedes-Benz records 193,000 sales in January

Mercedes-Benz records 193,000 sales in January

Daimler AG has reported January sales of over 190,000 units in the Mercedes-Benz Passenger cars segment, making it the most successful start to a year in the company’s history.  With this new sales record which also represents a growth of...
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Nigerian Railway generates N4.1billion in 2017

Nigerian Railway generates N4.1billion in 2017

The Managing Director, Nigeria Railway Corporation (NRC), Mr Fidet Okhiria, said on Wednesday that the cooperation generated N4.12 billion in 2017, as against the N4.85 billion targeted. Okhiria made this known during the 2018 Budget Defence and the organisati...
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NRC to hold retreat on 2018 agenda

NRC to hold retreat on 2018 agenda

Mr Fidet Okhiria, the Managing Director, Nigerian Railway Corporation (NRC), on Sunday said the Corporation would be holding a retreat to set agenda for 2018. Okhiria told the News Agency of Nigeria (NAN) in Abuja that the retreat would hold...
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Mercedes-Benz delivers 115 Atego trucks to Chile

Mercedes-Benz delivers 115 Atego trucks to Chile

Mercedes-Benz has delivered 115 trucks of the model Atego to Chile. They will be put to action in the garbage industry.   A statement explained that an important factor for the contract with Mercedes-Benz was the Atego’s maneuverability and its...
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Hyundai revamps 2018 Santa Fe SUV

Hyundai revamps 2018 Santa Fe SUV

Hyundai Motor unveiled on Tuesday a re-designed Santa Fe, hoping the first makeover of the sport utility vehicle (SUV) in six years will help rectify a sales slowdown at the South Korean automaker, especially in the key U.S. market.  The...
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Amaechi at Chatham House UK, explains implementation of comprehensive maritime strategy

Amaechi at Chatham House UK, explains implementation of comprehensive maritime strategy

The Minister of Transportation, Rt. Honourable Rotimi Amaechi has disclosed that the Federal Government has approved an Integrated National Security Strategy (INSS) for the Nigerian maritime sector. The strategy which will be implemented in collaboration with ...
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New Mercedes-Benz S-Class arrives in Nigeria with more innovations

New Mercedes-Benz S-Class arrives in Nigeria with more innovations

Displaying more luxurious, safety and security innovations, new Mercedes Benz S-Class has arrived in Nigeria courtesy Weststar Associate Limited, authorised General Distributor of Mercedes-Benz in Nigeria.    Weststar Associates confirmed on Wednesday that t...
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Jaguar Land Rover scales down production

Jaguar Land Rover scales down production

Jaguar Land Rover will cut production of some vehicles amid uncertainty over Brexit and changes to taxes on diesel cars.   The company will temporarily scale back output of the Discovery Sport and Range Rover Evoque models later this year....
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Audi delivers 1.8m vehicles in 2017

Audi delivers 1.8m vehicles in 2017

For the year 2017, Audi AG increased its global sales for the eighth year in a row.   Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of...
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Oshiomhole to Obaseki: I’m humbled by your accomplishments

Oshiomhole to Obaseki: I’m humbled by your accomplishments

Former Governor of Edo State, Adams Oshiomhole, on Friday commended the achievements of his successor, Godwin Obaseki.    Oshiomhole gave the commendation while commissioning 75 new intra-city buses purchased by the Obaseki-led administration to boost the f...
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NSC to hold one day meeting on operations of Kaduna Dry Port

NSC to hold one day meeting on operations of Kaduna Dry Port

The Nigerian Shippers’ Council is holding a one-day meeting with its stakeholders on the operations of the Kaduna Dry Port.  The meeting which is expected to focus on the processes of documentation of the Kaduna bound cargoes, obligations of Terminal...
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Volkswagen delivers 10.7million vehicles in 2017

Volkswagen delivers 10.7million vehicles in 2017

The Volkswagen Group delivered more vehicles than ever before in fiscal year 2017: 10.74 million customers worldwide chose a vehicle from the Volkswagen Group.   As a result, Group deliveries rose 4.3 percent compared with the previous year. At almost...
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Mercedes-Benz Citan Debuts in Nigeria

Mercedes-Benz Citan Debuts in Nigeria

Mercedes-Benz Citan Tourer and Panel recently arrived in Nigeria courtesy Weststar Associates Limited.  The Citan, first addition to Mercedes-Benz Vans product portfolio for the Nigerian Market in the year 2018, “is an absolute all-rounder – powerful ...
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