DS has announced that it will stop building new internal combustion engined cars in 2024. From then on, every all-new car the company launches will have a pure-electric powertrain. The company’s UK managing director, Jules Tilstone, made the announcement following…
Toyota will drop the Avalon large sedan from its lineup after the 2022 model year, as first reported by Automotive News and confirmed to C/D by a Toyota spokesperson. Production will end in August 2022 at Toyota’s plant in Georgetown,…
The Federal Government says it has successfully completed 533 water projects including 38 irrigation projects , 458 water supply schemes and 37 dams to boost food production and ensure potable water to citizens. Minister of Water Resources, Suleiman Adamu, made…
The Federal Government, says it plans to fully digitise its processes, particularly in the civil service and other government institutions by 2026. Minister of Communication and Digital Economy, Dr Isah Pantami disclosed this on Thursday, when he signed a Memorandum…
Uthman Salami The federal government has given a nod to $2.76 billion fund for the acquisition of minority stake in Dangote Refinery at 20 per cent through the Nigerian National Petroleum Corporation (NNPC). The Minister of State for Petroleum Resources, made the…
The Department of Petroleum Resources (DPR) has given ultimatum to owners of filling stations in the country to migrate their operaions to its Downstream Remote Monitoring System (DRMS). The Director of DPR, Mr. Sarki Auwalu gave this indication during a…
The Society of Petroleum Engineers (SPE) Nigeria Council, has called for speedy investment in the gas industry given the windows provided for Nigeria to make impact on the new energy frontier is time bound. They demanded that efforts should be…
The Federal Ministry of Health (FMOH), has distanced itself from most of the demands by striking National Association of Resident Doctors (NARD), saying that they were the responsibility of state governments. The Minister of Health, Dr. Osagie Ehanire, stated this to…
The Board of Consolidated Hallmark Insurance Plc has approved the payment of an interim dividend of N214.09 million representing 2 kobo per share on all the outstanding 10,704,500,000 shares of the company for the period ended June 30, 2021. According…
By Kayode Tokede Some economists on Thursday said that unlocking Nigeria’s dead capital in residential real estate, agriculture and driving its export diversification agenda would catalyse the nation’s economic recovery. They spoke at a webinar organised by the Lagos Chamber…
