2016: Hyundai delivers 4.86m vehicles worldwide

2016: Hyundai delivers 4.86m vehicles worldwide

Hyundai Motor Company has announced its 2016 full-year business results. According to the company, sales volume and operating profit declined from the same period last year “due to high production cost caused by series of labour strikes and continued economic...
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FG tasks General Electric CEO on $2b East-West rail project

FG tasks General Electric CEO on $2b East-West rail project

The Vice President, Prof. Yemi Osinbajo, on Tuesday in Abuja urged a delegation from General Electric (GE) led by its Global Chief Eexecutive Officer, Jeff Immelt to speed up its infrastructural engagements in Nigeria.  One of such engagements according to...
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NSC donates Toyota Hilux van to Marine Police Command

NSC donates Toyota Hilux van to Marine Police Command

The Nigerian Shippers’ Council (NSC) has donated a Toyota Hilux patrol van to the Marine Police Command to aid their operations at the ports. The Executive Secretary and Chief Executive Officer of the Council, Mr. Hassan Bello, while handing the...
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BMW unveils 2018 4 Series

BMW unveils 2018 4 Series

BMW has announced updates to the 2018 BMW 4 Series. Available in three distinct body variants, the BMW 4 Series  according to the company embodies the very essence of dynamics and aesthetic appeal in the premium segment. “The arrival of...
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FG releases N72b for Lagos/Ibadan rail project

FG releases N72b for Lagos/Ibadan rail project

As part of its commitment to the Lagos-Ibadan rail development project, the Federal Government has released N72 billion of its counterpart funding. Minister of Transportation, Rotimi Amaechi who disclosed the development on Monday explained that Chinese partne...
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BMW, Daimler to expand purchasing deal

BMW, Daimler to expand purchasing deal

(Auto News) BMW Group plans to expand its cooperation with Daimler in purchasing components, the automaker’s new head of purchasing, Markus Duesmann, said in an interview with the Frankfurter Allgemeine Zeitung. “It’s not been fully exploited...
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NPA Photo News

NPA Photo News

L-R: Managing Director, Nigerian Ports Authority, Hadiza Bala Usman; Minister of Transportation, Rotimi Chibuike Amaechi; Chaiman Fish Owner Forum, Mrs. Margret Orakusi; Managing Director, Atlantic Shrimpers Limited, Kamlesh Kabra during  the Minister’s  f...
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‘Amendments to MLC  2006 ensures adequate protection for seafarers, families’

‘Amendments to MLC 2006 ensures adequate protection for seafarers, families’

The first amendments to the Maritime Labour Convention, 2006  (MLC, 2006) which ensure better protection to seafarers and their families in case of abandonment, death and long-term disability entered into force on 18 January 2017. The amendments were approved...
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Ship wreck removal comes under scrutiny

Ship wreck removal comes under scrutiny

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to revisit procedure of wreck removal from Nigerian waters Speaking at a forum of the News Agency of Nigeria (NAN) in Abuja, Director General of the agency, Dakuku Peterside explained that...
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VW shareholders call for reforms

VW shareholders call for reforms

By Edward Taylor, Reuters   Volkswagen investors demanded greater transparency and reforms at the carmaker after it admitted to criminal offences in rigging U.S. emissions tests and U.S. prosecutors indicted six current and former managers over the scandal. T...
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SEEFOR road projects excites Edo residents

SEEFOR road projects excites Edo residents

The rehabilitation and construction of over 20 roads in Benin City metropolis and environs by the Edo State Employment and Expenditure for Result (SEEFOR) has caused excitement among residents where the roads are located. Roads rehabilitated by the state gover...
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Emission:  VW pleads guilty, to pay $4.3 Billion

Emission: VW pleads guilty, to pay $4.3 Billion

By Tom Schoenberg, Christoph Rauwald and David McLaughlinBloomberg Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal...
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FG awards contract for repair of Abuja-Kaduna road

FG awards contract for repair of Abuja-Kaduna road

Sequel to the planned usage of the Kaduna International Airport for flights in and out of Abuja, while the runway of the Nnamdi Azikwe International Airport, Abuja undergoes rehabilitation works, the Federal Government has awarded a contract for the emerge...
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2016: Rolls-Royce records second highest sales in 113 years

2016: Rolls-Royce records second highest sales in 113 years

Rolls-Royce Motor Cars has announced its second highest ever annual sales result in the marque’s 113-year history, up 6% on its 2015 results. in 2015, a total of 4,011 cars were delivered to customers in more than 50 countries, affirming...
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