Ferrari (RACE.MI) has no plans to purchase other sports car makers, the company’s Chief Executive Benedetto Vigna said on Monday. “I don’t think it makes sense for us to buy other supercar makers,” Vigna said during a conference organized by Bloomberg, replying to a question about possible M&A operations by …
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The strike action by the organised labour to protest the removal of fuel subsidy slated to commence tomorrow, June 7, has been aborted .The Unions decided to do so according to them, to give room for more consultations. This was contained in a communiqué signed by TUC President, Comrade Festus …
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The strike action by the organized labour slated for June 7 may not hold after-all.This is because the National Industrial Court (NIC) has restrained it from embarking on strike over the removal of fuel subsidy. The Federal Government obtained the order forbidding the unions from embarking on any form of …
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“There is no provision for subsidy in the budget; subsidy is gone” declared by President Bola Ahmed Tinubu in his Inauguration speech has not gone down well with Nigerians. Moments after the speech, queues appeared at the filling stations and the prices of petrol shut through the roof. Reacting to …
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The Director-General, National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, says challenges faced in the auto industry can be curbed with stakeholders’ collaboration. Aliyu, in a statement on Thursday, said this at the Third Annual Edition of the West Africa Automotive Show (WAAS) in Lagos. The director-general was …
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The Federal Airport Authority of Nigeria in conjunction with Ala Resort Limited has concluded arrangements to turn the Akure Airport into an aerotropolis. The Chief Executive Officer of the resort, Mr Moyosola Niran-Oladunni, stated this in Akure on Monday, during a news conference to herald the inauguration of the project …
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Some 40 kilometers south of the Rwandan capital of Kigali in the Bugesera District, construction vehicles and high-visibility vests swarm across an arid expanse of land. Here, two strips of tarmac are the cornerstone of a $2 billion airport, whose developers want it to be the jewel in the crown …
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The Minister of Aviation Senator Hadi Sirika, Wednesday, said the Senate cannot stop the ongoing demolition of offices belonging to agencies doing aviation activities at the Murtala Mohammed International Airport, Lagos. Senator Hadi Sirika, disclosed this on Wednesday during a briefing after the Federal Executive Council presided over by President …
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The Federal Government on Sunday gave a breakdown of the $1.2m spent on the bus fare to evacuate stranded Nigerians from war-torn Sudan to Egypt borders for onward airlifting to Nigeria. Nasir Sani-Gwarzo, the Permanent Secretary of the Humanitarian Affairs Ministry and Chair of the Situation Room on evacuation of …
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The Executive Secretary of the Presidential Enabling Business Environment Council (PEBEC), Jumoke Oduwole has called out Airpeace, an indigenous flight operator over its repeated failure to comply with announced flights schedules as well as its unreliable change of schedules. Oduwole who is also the Special Adviser to the President on …
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