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Nigeria
Kia joins Elizade, Cosharis in used car business
Until recently, the used vehicle business in Nigeria used to be a debasing one; the market was mainly for the organised dealers who were considered not financially strong enough to venture into new vehicle business. But things are fast changing as notable car dealers, including Cosharis Motors and Elizade Nigeria ...
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Nigeria
PFN backs suspension of FRC code, Fayose, others kick
The National President of the Pentecostal Fellowship of Nigeria, Dr. Felix Omobude, says the decision of the Ministry of Industry, Trade and Investment to suspend the Corporate Governance Code issued by the Financial Reporting Council of Nigeria is a good one. But the Ekiti State Governor, Ayodele Fayose, has said ...
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Nigeria
Corruption, wealth creation and the Nigerian elite
Japheth Omojuwa Nigeria is a tough place to start a business, and even a much tougher place to run one. When you check the World Bank’s annual Ease of Doing Business Report, you’d actually see that doing business in Nigeria that was a tough ordeal has only got tougher over ...
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Nigeria
Will emergence of another trade union improve industrial relations?
Mr. Dimipre Torukeregha (Secretary, Nigeria Labour Congress, Bayelsa State) The emergence of another trade union will definitely not improve labour relations in the country; it would rather create confusion. It is very obvious that when there is unity, the labour force becomes stronger, but when there is division, it will ...
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Nigeria
$153m Diezani loot: EFCC set to declare ex-NNPC director wanted
Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission may declare wanted a former Deputy Group Managing Director of the Nigerian National Petroleum Corporation, Ben Otti, if he refuses to make himself available to the commission, The PUNCH has learnt. Otti, who also served as Director of Finance and Accounts ...
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Nigeria
Govt hires firms to monitor N510b budget facility
The Federal Government has appointed eight accounting firms to monitor and evaluate the implementation of the 22-point Fiscal Sustainability Plan (FSP) which specified the conditions under which 35 state governments in June last year started accessing the N510 billion Budget Support Facility (BSF). A statement from the Federal Ministry of ...
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Nigeria
Adeosun: $300m Diaspora bond out in March
he Minister of Finance, Mrs Kemi Adeosun, yesterday said the $300 million Diaspora bond approved by the National Assembly would be rolled out in March. Mrs. Adeosun spoke yesterday when the Senior Special Assistant on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, visited her in Abuja. “The Diaspora bond which ...
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Regno Unito
Trenitalia acquisisce la società ferroviaria inglese NXET
(Teleborsa) - Trenitalia entra nel mercato ferroviario della Gran Bretagna attraverso la propria controllata Trenitalia UK, società di diritto inglese con base a Londra. Trenitalia UK ha...
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Italia
Ansaldo STS si aggiudica lavori linea AV e AC Milano Genova, Terzo Valico dei Giovi
(Teleborsa) - Nuovi lavori per Ansaldo STS. Il 28 dicembre 2016 il "Consorzio Saturno per la realizzazione di opere ferroviarie ad elevato contenuto tecnologico per il sistema ferroviario...
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Russia Francia
L’Europa ha due difensori di peso tra i candidati alle presidenziali francesi
Sull’economia, la Russia e la Siria ognuno dei candidati alla presidenza francese ha una posizione più o meno netta. Ma non si può dire altrettanto a proposito dell’Europa, argomento cruciale perché la Francia, al di là di tutti i dibattiti, non sarà la stessa se l’Unione crollerà o riuscirà a ...