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Monthly Archives: May 2017

Heritage Bank partners RIMAN to promote international best practices in risk management

Heritage Bank Plc has entered into strategic partnership with Risk Management Association of Nigeria (RIMAN) to promote global best practices in the implementation of risk management for safer and stronger financial institution. President of RIMAN, Jude Monye, disclosed this at the first Chief Risk Officer’s time-out/dinner organised by RIMAN, Monday. ...

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FRSC busts cannabis importer along Badagry – Seme border

The Federal Road Safety Corps (FRSC), Monday, said it busted a cannabis importer along the Badagry – Seme corridor of the Nigeria-Benin Republic border when its patrol team apprehended and impounded a vehicle for Seatbelt Violation and Driver Licence Violation, only to discover that the vehicle was conveying a large ...

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Ford names Jim Hackett CEO, assigns new roles to Farley, Hinrichs

U.S. auto giant, Ford Motor Company (FMC),  on Monday announced the appointment of Jim Hackett as its new president and CEO and assigned key global leadership roles to two others in a major shake-up designed to further strengthen its core automotive business and accelerate a strategic shift to capitalise on ...

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Breaking! Ford moves to fire Mark Fields, taps James Hackett as new CEO in major shake-up

  Ford is set to sack its CEO Mark Fields, who took over from Alan Mulally in 2014,  replacing him with 62-year-old James Hackett, head of Ford’s Smart Mobility subsidiary, according to a report by Forbes on Sunday. A formal statement on Field’s sack is due to be made this ...

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East London Grand Prix: First podium finish for Daniel Rowe revoked due to unfortunate penalty

The Volkswagen Motorsport GTC team left the iconic East London Grand Prix circuit smelling like champagne with Daniel Rowe claiming the third position in race two, but a penalty for an alleged blocking incident saw the young man drop from third to sixth. “It is really unfortunate,” said Mike Rowe, ...

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Heritage Bank: Early education on cashless policy vital to children’s financial freedom

Heritage Bank Plc. has stressed the need for parents to educate their children, early in life, the nitty-gritty of the cashless policy of the Central Bank of Nigeria (CBN), saying this is vital to the financial freedom of the children.The bank also advised parents to teach their teenagers how to ...

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With EuraCare, CFAO brings world-class medical services to Nigeria

  Over 300 patients have been safely and successfully diagnosed and treated at EuraCare, a multi-specialist hospital recently launched in the country by the CFAO Group with the aim of providing Nigerians with world-class medical services they have too often had to obtain overseas. The facility, which is located on ...

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FCA launches Fiat Tipo sedan, hatchback into South African market

Ahead of next week’s official launch in Nigeria , following the recent return of FIAT to the country, the all-new Fiat Tipo has been launched into the South African market by Fiat Chrysler Automobiles (FCA). While the forthcoming Nigeria launch will feature only the Tipo sedan,  for now, according to ...

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Auto journalists hold annual training in June

Nigerian auto journalists, under the aegis of  Nigeria Auto Journalists Association (NAJA), will hold their annual training in June.  The two-day annual training, which is in its second year, will hold in Lagos on  June 8 and 9, 2017,  in collaboration with industry stakeholders. The training, according to the organising committee, ...

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Volvo moves to start assembly operations in India

Volvo Cars on Thursday announced its decision to start vehicle assembly operations in India in 2017. The announcement came on a day General Motors shocked the industry with its decision to pull out of the domestic market in India and South Africa by the end of the year, choosing to ...

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