Thursday, March 28, 2024
Tesla

Tesla abruptly suspends production at Shanghai plant

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Tesla has suspended production at its plant on the outskirts of Shanghai, people familiar with the matter told Bloomberg. The company informed many factory workers,...
UK car industry calls for more government intervention

Europe automakers hit harder by Coronavirus pandemic- Analysis

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A new analysis report has found that the Coronavirus-related factory stoppages affected some automakers more than it did others. Companies with more capacity in China,...
Brent Crude soars above $50, highest in nine months

United States slashes imports of Nigerian oil by 60%

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The United States slashed its imports of Nigerian crude oil by 60.37 per cent to 1.93 million barrels in January this year, compared to...
Car dealership.

China vehicle sales rebound with first monthly gain

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Chinese monthly vehicle sales surged for the first time in nearly two years after the country opened up for business again, fueling expectations of...
The Managing Director of the NPA- Mrs Bala Usman

Non-oil cargo accounts for 22% of export cargo in 2019- NPA

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The Managing Director, Nigerian Ports Authority, Miss Hadiza Bala-Usman has disclosed that Nigerian ports handled 191 million metric tonnes of export cargo in 2019. Out...
FG intervenes, halts sack of 300 Arik Air workers

Don't let the aviation sector fail, IATA urges Nigeria

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The International Air Transport Association on Thursday urged Nigeria not to allow its aviation sector to fail. This followed the announcement by the Federal Government...
FG intervenes, halts sack of 300 Arik Air workers

Don’t let the aviation sector fail, IATA urges Nigeria

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The International Air Transport Association on Thursday urged Nigeria not to allow its aviation sector to fail. This followed the announcement by the Federal Government...
Filling Station in Nigeria.

Petrol pump price reduction will not be immediate- Marketers

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The latest reduction in the ex-depot price of petrol to N108 per litre will not render an immediate drop in the pump price of...
Airline reduce fares to address apathy among travellers

Nigerians evacuated from United Kingdom arrive Lagos

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The Federal Government has evacuated some Nigerians who were stranded in the United Kingdom as a result of the Coronavirus pandemic. Some of the Nigerians...
Uber Logo.

Uber reports $2.9Bn loss in first quarter

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Uber on Thursday disclosed that its loss increased to $2.9 billion in the first quarter as the ridesharing giant absorbed the impact of the...