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Toyota, Suzuki enter new deal

Toyota, Suzuki enter new deal

TOYOTA and Suzuki will take small equity stakes in each other, the Japanese carmakers said, as they seek to develop newer technologies and meet sweeping changes upending the global auto industry. The tie-up is the latest example of automakers chasing scale to manage costs and boost development. Automakers – especially smaller ones like Suzuki – are struggling to meet the breakneck growth of an industry transformed by the rise of electric vehicles (EVs), ride-hailing and autonomous driving.

Umahi offers palliatives for Enugu Airport closure

Umahi offers palliatives for Enugu Airport closure

Following the closure of Akanu Ibiam International Airport, Enugu, Governor David Umahi of Ebonyi State has offered free transport, security services and affordable accommodation to Ebonyi citizens in their movement from Ebonyi State to Owerri Airport and back.

INSECURITY: Joint Task Force’ll be funded by govs, private sectors- DAWN

INSECURITY: Joint Task Force’ll be funded by govs, private sectors- DAWN

AS governors of six states of the South-West zone of the country fine-tune plans to launch a joint security task force to check the excesses of herdsmen and other miscreants, the Development Agenda for Western Nigeria, DAWN, yesterday, disclosed that the security network will be funded by a zonal security trust fund.

More heads to roll over $16bn power probe

More heads to roll over $16bn power probe

Operatives of the Economic and Financial Crimes Commission probing how the sum of $8.5 billion meant for the payment of compensation to communities for right of way for the $16 billion power project in 2006, have obtained more documents exposing how the cash was diverted by top government officials, Vanguard learned last night.