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Takata Corp. on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide. The deal was announced hours after prosecutors in Detroit charged three former senior ...

Ife Ogunfuwa Workers under the aegis of Senior Staff Association of Electricity and Allied Companies have urged the Federal Government to shelve its plan to issue a N309bn bond to finance the power sector. The President of the association, Chris Okonkwo, while addressing journalists in Lagos on Friday, asked the ...

Niyi Odebode and Everest Amaefule The International Monetary Fund has said that efforts to save the naira by rationing foreign exchange have failed. The IMF stated this in its policy paper on macroeconomic developments and prospects in low-income developing countries on Thursday. The fund attributed economic failures in the country ...

Kunle Falayi and Ademola Olonilua In the midst of the biting economic crisis facing many Nigerians, forcing many to go as far as committing suicide, a sub-sector of the Nigerian economy is booming bringing smile to the faces of people lacking sexual fulfilment – married and singles alike. This is ...

The attempt on Friday by a group to stage a protest against the foreign exchange policies of the Central Bank of Nigeria failed as the group led by Deji Adeyanju, could not muster enough public support. The group which had earlier been described by the CBN as “paid hirelings and ...

Again, hope has risen for the development and promotion of the Nigerian tourism industry, as the Nigerian Tourism Development Corporation (NTDC) and the Federation of Tourism Associations of Nigeria (FTAN) collaborating efforts to overhaul the industry and make the country benefit the goodies of the money-spinning industry. The Acting NTDC ...

Lagos State Governor, Mr. Akinwunmi Ambode on Friday met with the British and German envoys, saying the country must uphold existing relationships and increase bilateral trade arrangements with both countries to revamp its economy. Ambode, who spoke at Lagos House in Ikeja when he received on courtesy visit the British ...

The Cross River House of Assembly has passed the 2017 budget of N301 billion, the News Agency of Nigeria (NAN) reports. NAN reports that on Oct. 31, 2016, Gov. Ben Ayade presented a N301billion budget proposal to the assembly for scrutiny and passage. Mr Jonas Eteng-Williams, Chairman, House Committee on ...

Portugal precisa de um financiamento de 12,5 mil milhões de euros para este ano em termos líquidos, um montante que inclui 2,7 mil milhões de euros de fundos relacionados com a recapitalização da Caixa Geral de Depósitos.

Grupo gere mais de 530 mil lugares de estacionamento em países como Portugal, Espanha, Andorra, Reino Unido e Turquia.