Business

Porsche Builds 100,000th Cayennes

PM NEWS Live

14 years ago

The 10th anniversary of Porsche’s Leipzig plant is being celebrated with a production milestone of 100,000 second generation Cayenne. The…

Hyundai Rattles Volkswagen

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14 years ago

Earlier this month, Volkswagen threw a party in New York’s Museum of Modern Art to mark a breakthrough year in…

Ford’s Nightmare Over Camry

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14 years ago

Ford Motor Co. Chief Executive Officer Alan Mulally has suggested that his stylish new Fusion sedan is seeking sales supremacy…

GM Moves 9m Vehicles In 2012

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14 years ago

The General apparently enjoyed a very strong 2011 moving more than 9 million vehicles on a global scale, a gain…

Renault-Nissan 2011 Vehicles Sales Reach 8m

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14 years ago

The Renault-Nissan Alliance sold 8.03 million vehicles in 2011, up from 7.28 million a year earlier, Chief Executive Carlos Ghosn…

Mercedes Aims To Sell 2.7m Cars

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14 years ago

Daimler plans to more than double output of Mercedes brand vehicles to 2.7 million by 2020 in its drive to…

Fuel Scarcity Hits Kaduna

PM NEWS Live

14 years ago

Long queues returned to most fillings in Kaduna Tuesday as biting fuel scarcity hits the state. P.M.NEWS discovered that most…

Bizman Supports Fuel Subsidy Removal

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14 years ago

A Lagos-based businessman and boss of Gabovies Oil and Gas Company, Mr. Ganiyu Bolaji Davies, has praised President Goodluck Jonathan…

ACN Queries Plans to Privatize Nigeria’s Maritime Security

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14 years ago

.Nigeria’s leading opposition party wonders why Nigerian government concessions maritime surveillance to an ex-militant The Action Congress of Nigeria (ACN)…

Nigeria’s Fuel Price Swings, Protests Hurt Jonathan’s Image

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14 years ago

Nigerian President Goodluck Jonathan’s bungled effort to raise the country’s fuel prices to the market rate has hurt his international…

FG Urged To Review Shippers’ Council Act

PM NEWS Live

14 years ago

The Federal Government has been advised to review Shipper’s Council Act to make it perform better this year. In a…

Maritime Industry Loses Over N36b To Labour Strike

PM NEWS Live

14 years ago

The Nigerian maritime industry may have lost up to N36 billion as a result of the nationwide strike called by…

Tension In NIMASA Over Board Secretary’s Appointment

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14 years ago

Tension is mounting in the Nigerian Maritime safety Agency, NIMASA, over the continued engagement of the legal adviser and secretary…

Maritime Academy To Acquire Training Vessel

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14 years ago

The acting Rector of the Maritime Academy of Nigeria, MAN, Oron, Mr. Joshua Okpo, recently highlighted the need for the…

FEC Approves N463.6m For Oil, Gas Audit

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14 years ago

The Federal Executive Council (FEC) has approved N463.6 million for the auditing of all government institutions in the Oil and…

Honda Reviews 9th Generation Accord

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14 years ago

Honda unveiled this Accord Concept at Detroit, which should be just a concept in name. It shows off the styling…

Renault Sells 2.7m Vehicles Globally

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14 years ago

Renault has announced that its global group sales in 2011 reached a record 2,722,062, versus 2,627,365 in 2010, a rise…

Toyota, Mercedes, BMW Retain Top Auto Brand Values —Report

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14 years ago

Toyota, Mercedes-Benz and BMW retained their ranking among the world’s top 15 global brands, while Volkswagen and Nissan made the…

Kia Ends 2011 With 18% Increase In Global Sales

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14 years ago

Kia Motors Corporation announced that its global sales for passenger cars (export sales, domestic sales and sales from overseas plants),…

Elantra, Evoque Win Awards

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14 years ago

The new Hyundai Elantra is the 2012 North American Car of the Year, while the Range Rover Evoque is the…

Fuel Scarcity Bites Hard In Lagos

PM NEWS Live

14 years ago

Long queues were observed at filling stations in several parts of Lagos, Southwest Nigeria today as fuel scarcity bites harder.…

DPR To Force Filling Stations To Sell Petrol At N97 A Litre

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14 years ago

The Department of Petroleum Resources (DPR) says it will force filling stations that have petroleum products to sell at approved…

Oil Marketers Confirm Availability Of Petrol

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14 years ago

Independent marketers and oil majors on Tuesday assured Nigerians of the availability of petrol in all their filling stations. They…

Fuel Scarcity Hits Umuahia, Calabar, Aba

PM NEWS Live

14 years ago

Umuahia, the Abia capital and its environs have been hit by fuel scarcity. An investigation by a News Agency of…

Banks’ Stringent Conditions Delay Release Of Govt Fund

PM NEWS Live

14 years ago

The Nigerian Chamber of Shipping (NCS), says conditions laid down by banks constitute some of the factors inhibiting the disbursement…

Strike Suspension: Tourism Operators Count Losses

PM NEWS Live

14 years ago

Tourism operators in Lagos on Monday lamented that the just-suspended nationwide strike completely grounded the subsector. They told the News…

US Professor regrets Backing Nigeria’s subsidy removal

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14 years ago

I regret supporting subsidy removal, says UN Adviser Some details have emerged about how the Goodluck Jonathan Presidency misled international…

FG, Labour Meeting Deadlocked Again, Strike Continues Monday

PM NEWS Live

14 years ago

The meeting between the Federal Government and the organised labour over fuel subsidy ended abruptly late in the night, with…

How NNPC Defrauds Nigerians on oil exports and subsidy

PM NEWS Live

14 years ago

The KPMG, in a forensic analysis of the operations of the Nigeria National Petroleum Corporation in 2010, unveiled startling revelations…

EFCC Denies Arresting Adenuga, Others

PM NEWS Live

14 years ago

Ayorinde Oluokun/Abuja The Economic and Financial Services Commission, EFCC has described reports that appeared on its website this morning on…

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