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Stallion resuscitates VW plant, rolls out Jetta, CC

Multinational Conglomerate Stallion Group has launched the first Nigeria made Volkswagen passenger & commercial vehicles assembled at its brand new plant, following the historic return of the global brand 20 years after the previous plant was moribund.

Victory at dawn: A night of horror recalled

AS another holy month of Ramadan made its spiritually majestic and overwhelming arrival weeks back, it became imperative to reflect on the event of July 14 last year; a most gory occurrence in a month when men and women of conscience seek reconciliation with their Maker; a most violent and bloody event perpetrated by some sons of Lucifer who had long lost their souls.

Manufacturers, Banks confused over new Forex policy

The new Forex policy introduced by the Central Bank of Nigeria (CBN) has created confusion for the manufacturing sector in Nigeria and their banks. The Lagos Chamber of Commerce and Industry, LCCI, in a communiqué following an interactive forum on CBN Forex policy organised by the chamber, said the new CBN policy is ambiguous as the restricted items are not well-defined and specific and has plunged both manufacturers and banks into confusion.

Buhari, Osinbajo, way to go!

This is the way to go! Buhari has indeed shown leadership by example. To cut his salary by half no be small thing oo!” commented Henry in the Obalende-bound commuter bus. “Yes, I hope others will follow suit. I praise him for his courage and kindness. It’s his love for Nigerians that must have made him do that,” said Taiwo.

Panic in Lagos community over death of traditional ruler

Until recently, Igbogbo community in Ikorodu, was a particularly busy place being a popular destination for commerce and other human activities. But the situation has changed as residents are presently living in fear. In fact, the fear is palpable, whether at the motor parks, bus-stops, homes, shops, entertainment joints, drinking bars and markets.

Job creation: IES to empower three million entrepreneurs

The institute of Empowerment and Strategy, IES, has announced plans to empower over three million entrepreneurs with the resources to grow their businesses and positioning them to contribute meaningfully to job creation and economic development.

IAAF strikes off Nigeria from world youth championships

All hopes of Nigerian athletes participating in the world youth championships in Cali, Colombia crashed yesterday as the world ruling body deleted the country’s name from the meet meant for under-17 athletes.

Response to auto policy exceeds NAC expectations – Jalal

“The main objective of the automotive policy is to bring back automotive assembly and to develop local content. This will enable us create employment, acquire technology for our industrialisation and reduce pressure on the country’s balance of payment position resulting from escalating vehicle import bill.

Honda sets new Guinness world records for fuel efficiency

Honda has set a new Guinness world records title for ‘Lowest fuel consumption – all 24 contiguous EU countries (all cars),’ recording an average 2.82 liters per 100km (100.31mpg) over 13,498km (8,387 miles), in a 25 day drive across all 24 EU contiguous countries.

I chose new Service Chiefs on merit, says Buhari

In an apparent bid to re-jig the nation’s security apparatus in the wave of growing insurgent attacks and suicide bombings, President Muhammadu Buhari, 45 days after assuming office, yesterday sacked all the service chiefs and appointed replacements whom he said were chosen on merit.

DPR seals filling stations in Ondo, Ekiti over fuel price hike

THE Petroleum Dealers and Owners Association in Ondo and Ekiti States and the Department of Petroleum Resources (DPR) and other regulatory authorities are on collision course over selling of petrol above the government-approved pump price.

Withdraw DESOPADEC Amendment Bill, Urhobo youths urges Okowa

URHOBO youths, under the auspices of Urhobo Youths Alliance for Equity and Justice, UYAFEJ, have urged Governor Ifeanyi Okowa of Delta State, to withdraw the Delta State Oil Producing Areas Development Commission, DESOPADEC Amendment Bill until all ‘gazetted’ ethnic nationalities in the state have taken their turn to occupy the commission’s chairmanship position.

Ngige deserves national appointment —Group

A Group under the aegis of Anambra Patriots in Lagos has urged the new administration of President Buhari to give Dr. Chris Ngige suitable positions due for the South East zone.

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