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Mercedes Benz CLS Comes To Town

A new wonder on wheels from the Mercedes Benz factory is on its way to Nigeria preparatory for unveiling. The…

Nigeria’s Car Import Rise By 15%

New car imports into Nigeria rose 15 percent in the first half of 2012, compared with the same period last…

Not A Venza Affair

The teeming Toyota enthusiasts wishing to own the Venza through Toyota’s authorised dealers in Nigeria, surely would not be happy…

Nigeria hits record 4,477.7 megawatts

Nigeria’s electricity production has hit a record peak of 4,477.7 megawatts, according to Professor Bart Nnaji, the power minister. In…

British city launches own currency

As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep…

Nigeria says strike by oil marketers blackmail

Oil marketers indicted in the Aig-Imokhuede report on fuel subsidy payments are behind the planned nationwide strike, the Federal Government…

Asbestos found in China-made cars

Some 23,000 cheap Chinese-made cars were Wednesday recalled in Australia after asbestos was found in their engines, with unions demanding…

Chevron Denies Sack Of 1,000 Workers

Chevron Nigeria Limited  has denied it is about to sack an additional 1,000 of its contract workers barely one week…

Fuel queues resurface in Abuja

Few days to the Eid-el Fitri celebrations, fuel queues for petrol, long a familiar feature in bye gone years, have…

Samsung smartphones more popular than Apple’s

Samsung extended its lead over Apple in the smartphone market in the second quarter despite a slowing demand for mobile…

Airtel Empowers Nigerians In Top Management

Managing Director and Chief Executive Officer, Airtel Nigeria, Rajan Swaroop, has restated Airtel’s commitment to Nigeria and Nigerians as evidenced…

New Gold, NB plc gain in Monday trading

Equity transactions on the Nigerian Stock Exchange (NSE) re-opened on a positive note on Monday as investors showed renewed interest…

Exxon Mobil causes oil spill in Akwa Ibom

An oil spill has been detected along the coast of southern Nigerian state of Akwa Ibom, near operations for US…

FG denies deducting salaries of PHCN workers

Simon Ateba The Federal Government of Nigeria has denied claims that it had been deducting 25 percent salaries of PHCN…

Blue chips rally at Nigeria Stock Exchange

Activities on the Nigerian Stock Exchange (NSE) closed upbeat on Friday as shares of some highly capitalised companies recorded significant…

Pakistan cuts interest rate

This is a piece of news that should provide some food for thought for the Central Bank Governor of Nigeria,…

Why Cabotage Act Failed — Nweke

The president of National Association of Government Approved Freight Forwarders (NAGAFF), Mr. Eugene Nweke has highlighted why the Cabotage Act…

Stakeholders Suggest Ways To Enhance Maritime Security

Cooperation of all government and private sector stakeholders has been described as vital to achieving effective security and preventing crude…

Reps Charges NIMASA On Performance

The House of Representatives Committee on Marine Transport has called on the Nigeria Maritime Administration and Safety Agency, (NIMASA)  to…

G. Cappa’s Acting GM In EFCC’s Net

The Acting General Manager of G. Cappa Plc, Emmanuel Ofolue is in the net of Economic and Financial Crimes Commission…

Mastercard, SEEP Commits $8m To Microfinance Associations

In an effort to strengthen and develop the capacity of microfinance industry associations in sub-Saharan Africa, MasterCard Foundation and the SEEP…

Airtel Subscribers Base Hit 20Million

The management of Airtel Nigeria says its active subscriber base has increased from 15.5 million to 20 million. Speaking at…

MTN Expnads WiMAX Coverage

MTN Nigeria has expanded the coverage of its WiMAX driven revolutionary Internet service, MTN HyNet, to the more cities across…

Nissan Eyes World Taxi Domination

After winning the race to replace the iconic Ford Crown Vic yellow cabs of New York City, Nissan is now…

New Honda City Dons Luxury Features

The Honda Place (THP), authorised distributors and marketers of Honda automobiles has launched the 2012 model of its popular and…

Mercedes-Benz GL63 AMG Debuts

Each time Mercedes-Benz introduces a new model, it doesn’t take too long before AMG cranks out a harder, faster, and…

Fortuner, Camry On Roller coaster

When almost all the major auto dealers have consistently refused to declare their actual imports, top management staff of Toyota…

Experts Laud Nigeria Auto Market Guide

Auto sector experts have lauded the launch of the maiden edition of the nation’s auto industry directory, tagged Nigeria Auto…

Sanusi risks arrest for flouting court order

Justice Hussein Baba-Yusuf of the Abuja FCT High Court on Thursday gave Nigeria’s Central Bank Governor, Sanusi Lamido Sanusi, a…

Nigeria plans N5 trillion budget 2013

Nigeria’s Federal Government has approved a draft budget of N4.929 trillion for the 2013 fiscal year. This was announced by…
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