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...
Greenville amplify LNG supply with $500M plant
Greenville LNG has commenced the supply of liquefied natural gas to industries and power stations from its $500m LNG plant located in Rivers State.
Its...
Power distribution companies fails to remit N1.1tn to NBET
The Power distribution companies in the country failed to remit a total of N1.156tn to the Nigerian Bulk Electricity Trading Plc for the electricity...
Toyota develops unique vehicle for 2020 Olympics in Tokyo
Toyota Motor Corporation has designed a special Accessible People Mover, a mobility vehicle, which will be expressly used during the 2020 Tokyo Olympic Games.
The...
Expect relief on Lagos-Ibadan Expressway for Sallah, RCCG convention – FG
The Federal Government has disclosed that there would be relief for motorists using the Berger end of the Lagos-Ibadan Expressway during Sallah break and...
