innoson begins production of Alpha jet parts in Nigeria

Innoson logo

Nigeria’s Innoson now makes fighter jet parts.

Nigeria’s first car maker takes to the skies in fighter jets

The grinding conflict between the Nigerian state and Boko Haram insurgents has exacted a devastating human and economic toll over the past six years . . .

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innoson begins production of Alpha jet parts in Nigeria

Aliko Dangote Bids For Automaker Peugeot Nigeria

Dangote 2

Africa’s richest man and Nigerian-born industrialist and business mogul, Aliko Dangote, (photo: above) has made a Bid for automaker Peugeot Automobile Nigeria Limited (PAN) – based in the city of Kaduna, Kaduna state in Northern Nigeria . . .

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Aliko Dangote Bids For Automaker Peugeot Nigeria

Nigeria’s national oil corporation appoints new bosses

NNPC . Off shore oil rig

The Nigerian National Petroleum Corporation (NNPC) has announced new appointments, redeployment and secondments into key positions in the oil corporation . . .

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Nigeria’s national oil corporation appoints new bosses

Nigerian Stock Exchange Market Capitalisation Rises By N22bn

NSE . Floor of the NSE

Transactions on the Nigerian Stock Exchange (NSE) closed on Friday on a bullish note with market capitalisation appreciating marginally by N22 billion or 0.25 per cent . . .

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Nigerian Stock Exchange Market Capitalisation Rises By N22bn

MTN Nigeria Offers To Settle Row With $1.5bn

MTNThe South African telecoms giant, Mobile Telecommunication Network (MTN), has proposed a slash of the $5.2billion fine imposed on it by Nigerian authorities to $1.5 billion . . .

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MTN Nigeria Offers To Settle Row With $1.5bn

Nigerian Oil Workers Embark on Strike over Restructuring of Nation’s Oil Corporation

NUPENG & PENGASSAN Begin Indefinite Strike

Nigeria’s oil workers on Wednesday started a nationwide industrial action against the federal government’s restructuring of the Nigerian National Petroleum Corporation (NNPC) . . .

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Nigerian Oil Workers Embark on Strike over Restructuring of Nation’s Oil Corporation

Brent Crude rises to $40/barrel as OPEC targets higher price

Oil prices logo

Oil Prices Hit 2016 High, Rise Above $40/bl

The price of Brent crude monday rose for the sixth consecutive trading day in a row, hitting a 2016 peak of over $40 a barrel, as buyers were encouraged by talk that the Organisation of Petroleum Exporting Countries (OPEC) was targeting a higher anchor price after a sell-off that has lasted nearly two years . . .

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Brent Crude rises to $40/barrel as OPEC targets higher price

Dangote Group to sell Forex to CBN by 2020

Dangote 2

We’ll Start Selling Forex To CBN By 2020 – Dangote

President of Dangote Group, Aliko Dangote, has projected that his conglomerate whould be selling foreign exchange to the Central Bank of Nigeria (CBN) by year 2020 . . .

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Dangote Group to sell Forex to CBN by 2020

BMW celebrates 100th anniversary

BMW

German luxury carmaker, Bayerische Motoren Werke AG (BMW) will throw a lavish 100th birthday party on Monday, looking back at its often troubled history and forward as it seeks to adapt to the age of “personal mobility” . . .

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BMW celebrates 100th anniversary

Kaduna state govt. to acquire Peugeot assembly plant

PAN . Peugeot Automobile Nigeria, Kaduna

Photo: The Peugeot Automobile Nigeria (PAN) Assembly Plant in Kaduna

Governor Nasir El-Rufai of Kaduna says the state has concluded plans to acquire the majority shares of the comatose Peugeot Automobile of Nigeria (PAN) Kaduna . . .

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Kaduna state govt. to acquire Peugeot assembly plant