FG assembles task force to deal with N5Tn AMCON debts
The Federal Government has established a task force to aid in the recovery of the outstanding N5tn debts owed the Asset Management Corporation of...
Power generation companies appeal to Buhari over payment guarantee
The power generation companies in Nigeria have denounced the lack of payment guarantee for the energy being generated, sold and fed into the national...
Payment of $1.8Bn lease renewal fee is pointless – NNPC
The Nigerian National Petroleum Corporation has said that it is pointless for it to pay the 60 per cent ($1.8bn) lease renewal fees -...
Lori hires Nigerian to lead Strategic Expansion across African Market
Lori Systems, a Pan African logistics coordination platform that seamlessly connects cargo owners to transportation, has announced the appointment of Uche Ogboi as the...
Tesla to pay China $323M in tax annually for electronic vehicle factory site
Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to...
BMW, Audi to skip Tokyo auto show this year
BMW and Audi will skip this year’s Tokyo auto show, leaving Daimler’s Mercedes-Benz as the only major foreign luxury automaker to showcase its models...
Switzerland aid Japan in prosecution of Carlos Ghosn
Swiss prosecutors say they have been assisting investigations in Japan into former Nissan Motor Co. Chairman Carlos Ghosn, who has been indicted on charges...
DPR sanctions 11 petrol stations, two gas plants in Delta state
The Warri Zonal Office of the Department of Petroleum Resources (DPR) has sanctioned 11 petrol stations and two gas plants in Delta in two...
We will address challenges with AfCFTA – FG
The Vice-President, Prof Yemi Osinbajo, has said the Federal Government will address the challenges that may be encountered in the Africa Continental Free Trade...
Renault lowers revenue prediction after profits drops more than half
Renault lowered its outlook for full-year revenue after first-half profit was hit by weakening car demand in Europe and an earnings collapse at alliance...
