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SEGMENT ANALYSIS

No order banning VIOs from Lagos roads – Toriola

The Director, Lagos State Vehicle Inspection Service (VIS), Engineer AbdulAfis Gbolahan Toriola, Tuesday, said the State Government had not banned the operations of Vehicle Inspection Officers (VIOs) from Lagos roads. The news of the alleged ban made the headlines on Tuesday with many attributing the action of the government to ...

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Japanese auto firm worried over Macron win

French President-elect Emmanuel Macron has a rocky history with Carlos Ghosn, chief executive of Renault SA and chairman of two Japanese automakers, having clashed over government involvement in the management of the French firm. Following Macron’s election victory on Sunday, some analysts speculated that if a rivalry grows between the ...

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Heritage Bank expresses confidence in Triton Aqua over N2bn facility

Heritage Bank Plc. has expressed confidence in Triton Aqua Africa Limited (TAAL) over its ability to boost job creation in the country through the N2bn facility Heritage and Central Bank of Nigeria (CBN) gave to the company under the Commercial Agriculture Credit Scheme (CACS). Managing Director of Heritage Bank Plc, Ifie ...

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PHOTO NEWS: When Facebook’s Mark Zuckerberg visited Ford in Michigan

Though the visit of Facebook CEO Mark Zuckerberg to Ford’s Michigan facility on April 27 may have come and gone, sweet memories of the historic visit will remain evergreen.The visit, according to Ford,  was part of  Zuckerberg’s “Personal Year of Travel Challenge” to get out and talk to more people ...

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Corps Marshal Oyeyemi tasks Unit Commanders on purposeful leadership as UN Global Road Safety Week begins

The Corps Marshal, Federal Road Safety Corps (FRSC), Dr. Boboye Oyeyemi, Monday, charged Unit Commanders from across the Commands in the country to provide purposeful leadership in their Commands for the stability of the Corps. The Corps Marshal gave the charge while declaring open the first quarter review of the ...

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Mercedes-Benz Sprinter posts best Q1 results in over 20 years

Mercedes-Benz Sprinter has recorded the most successful first quarter in over 20 years.  The Vans division of the German luxury carmaker said from January through March, it delivered approximately 45,000 units of the Sprinter to customers all over the world, thus representing growth of about 10 percent compared with the ...

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Land Rover celebrates Range Rover Evoque at Six as Evoque Landmark makes global debut Wednesday

Land Rover said on Monday that it is celebrating six years of success of the Range Rover Evoque with a new Special Edition model, named the Evoque Landmark.The new car is scheduled to make its global debut at the Royal Windsor Horse Show on Wednesday, May 10 when orders for ...

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Audi brings the new R8 Spyder V10 to South Africa

Audi South Africa has introduced the new R8 Spyder V10 to the local market.  Flaunting the spectacular design and breathtaking dynamics as well as the allure of open-top driving, the second generation of the R8 Spyder is now available at all Audi Sport dealerships in the country just as its 397kW ...

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Toyota opens $126m Expanded R&D Centre in Michigan

Toyota Motor North America (TMNA) has celebrated the 40th anniversary of its North American research and development operations alongside an important milestone, as the company officially opened its expanded Toyota Motor North American Research & Development (TMNA R&D) Purchasing and Prototype Development centers in York Township, Michigan last Thursday.   ...

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MyStocKIT: Heritage Bank launches MSME app for ease of doing business

In line with its commitment to ensuring swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank has introduced MyStocKIT, an android hand-held solution that enables clients to track stock movements, maintain dynamic stock levels and address fundamental accounting/bookkeeping management requirements of the business. Heritage Bank becomes ...

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