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Subsidy Insight:How Okonjo-Iweala Misled Jonathan with Figures

Okonjo Iweala’s Anti-subsidy movie Bayo Onanuga On the eve of Nigeria’s general strike to protest the removal of petrol subsidy…

NPA Flags Off 24-Hour Operations

About 24 years after it banned night pilotage of vessels in and out of the ports, the Nigerian Ports Authority…

Toyota Aqua Hybrid Debuts In Japan

Toyota has announced the introduction of the Aqua in Japan, a month after it made its debut at the Tokyo…

BMW Donates 4,000 To Olympic Games

BMW is to ship 4,000 brand-new luxury vehicles in from Germany to escort dignitaries and officials in a move described…

Porsche Expects Record Year

Porsche expects its new-car sales to grow by more than 6.5 per cent in 2012, giving the sports car maker…

Chevrolet Hits Sale Record In 2011

With its 100th birthday behind it, Chevrolet is on pace to set an all-time global sale record in 2011, having…

Hyundai Aims To Sell 7m Vehicles In 2012

Hyundai Motor announced recently that it is targeting to sell seven million vehicles worldwide this year, an increase of 6…

Hello, There’s A New Lada

Assuming that there are any Lada fans out there, this is rather big news – considering how seldom the Russian…

Jonathan appoints 2 committees to handle subsidy fallout

Nigeria’s President Goodluck Jonathan has constituted two committees to handle some issues arising from the removal of the N1.2 trillion…

Nigeria: Groups brace up for war over subsidy removal

Ayorinde Oluokun/Abuja Federal Government’s final deregulation of the downstream sector of the oil industry which has led to increase of…

APM Invests N21.6b In Apapa Facility

APM Terminals Apapa Limited’s Board of Directors has approved $135 million (N21.6 billion) capital investment plan. This is to acquire…

Nigerian Ports Handle 70% Of Cargos To W/Africa – Suleiman

The Managing Director of Nigerian Ports Authority (NPA), Engr. Omar Suleiman, has said that Nigerian seaports currently handle 70 per…

FG Moves To Boost Rice Production

The Federal Government has expanded the capacities of three rice mills in the country to 90,000 tonnes each to facilitate…

New Technology Inspires BMW’s Concept Car

Wall climbing adhesive, self-destructing gadgets and cars that charge themselves are all things we’re used to seeing in science fiction…

French Auto Sector Faces ‘Storm’ In 2012

It is one of the key engines of the French economy and a historically vital industry, but France’s auto sector…
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