Friday, January 28, 2022

BUSINESS

Toyota retains its crown as world’s biggest car seller in 2021

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Toyota sold 10.5 million vehicles in 2021, a 10.1-per-cent jump from its sales in 2020 that sees the Japanese carmaker pulling farther ahead of its nearest rival, Volkswagen. Despite the supply bottlenecks for semiconductors and other pandemic repercussions, Toyota said...

Food prices in Nigeria may go up in 2022 due to Naira’s decline, AFEX...

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Consistent decline of the Naira against other foreign currencies may push-up food prices to alarming rate in 2022, Nigeria’s commodity firm, AFEX has projected. Prices of food items soared since 2020 owing to the lockdown occasioned by the Covid pandemic...

Nigeria looks to 5G technology for solution to security challenges

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…as President Buhari launches National policy By Jacob Kubeka (ABUJA) - President Muhammadu Buhari of Nigeria on Tuesday in Abuja directed all the security institutions to immediately leverage Fifth Generation (5G) technology, when deployed, to enhance security in the country. Launching the...

Transportation Minister hails pace of work at Lekki Deep Seaport project

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Nigeria's Minister of Transportation, Chibuike Rotimi Amaechi, has applauded the pace of work at the Lekki Deep Seaport project while expressing hope that the port’s operational and commercial services would commence by the last quarter of 2022. The Minister made...

Shell bags Crystal Award as Port Harcourt Polo Club celebrates 50th Anniversary

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By Lawrence Oshodi (SPORTS CORRESPONDENT) - ENERGY giant, Shell Nigeria Exploration and Production Company (SNEPCO) bagged the Crystal Award at the prestigious Port Harcourt Polo Club’s 50th Anniversary celebrations, at the Rivers State capital recently. The Port Harcourt Polo Club President,...

Rotimi Amaechi tasks contractors on speedy completion of Lekki Seaport project

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Nigeria's Minister of Transportation, Mr Chibuike Amaechi, has urged contractors of the Lekki Deep Seaport Project to speed up work to enable government approve all the necessary processes before next election. Amaechi made this known in a statement on Saturday...

Abuja 2022 Jabamah tourism expo to hold March 11th– Organiser

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The organiser of the annual Abuja Jabamah tourism expo, Mr Ikechi Uko, has announced that the 8th edition of the expo would hold on March 11th 2022. Uko, who  disclosed this in a statement on Friday, in Lagos, added that...

Gov Nyesom Wike orders council Chairmen to destroy all illegal refinery sites in Rivers

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Governor Nyesom Wike of Rivers state, South-South Nigeria, has ordered all the 23 Local Government Area Chairmen to hire bulldozers and destroy every identified illegal crude oil bunkering and artisanal refinery sites in the state. Wike gave the order on...

Oil prices hit highest level in over 7 years

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Oil prices hit seven-year high on Tuesday amid worries by traders that an attack on a fuel storage facility in the Middle East could affect supply.  The followed a suspected drone attack by Yemeni Houthi rebels in the United Arab...

Embrace, utilise ICT to live and lead in the Future – Danbatta urges...

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.By Mbafan Ade (ABUJA) - Reckoning that 70% of the new value to be created in the economy over the next decades will be based on digitally-enabled platform business models, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission...

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News: ‘Black Panther’ fans can find glimpses of Wakanda in Africa

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Want to go to Wakanda? The blockbuster success of “Black Panther” has created a new, compelling vision of Africa as a continent of smart,...

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