TOYOTA REWARDS LOYAL CUSTOMERS, CHAIRMAN CALLS FOR STRUCTURAL ADJUSTMENT

The Chairman of Toyota Nigeria Limited (TNL), Chief Michael Ade- Ojo, has said the current economic recession demands structural adjustment for individuals and corporate bodies to pull through the difficult moments. Expressing optimism that the current difficult moments would not last, he called for caution during times of abundance in order to be able to adjust to any economic shock. […]

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ONDO, NDDC SIGN MOU ON ARAROMI-AKODO-LEKKI ROAD

The Ondo State Government and the Niger Delta Development Commission yesterday, signed a Memorandum of Understanding (MoU) on the neglected Araromi-Akodo-Lekki road. The MOU, which aims at building the road for the purpose of opening up the project for integrated economic development, was signed on behalf of the state government by the Secretary to the State Government, Mr. Ifedayo Abegunde, […]

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ACCIDENTS CAUSE GRIDLOCK ON LAGOS-IBADAN EXPRESSWAY – FRSC

Commuters on Wednesday morning faced a hard time going about their businesses after multiple accidents caused heavy traffic on the Lagos-Ibadan Expressway The gridlock is linked to accidents involving three trucks. The Federal Road Safety Commission said in a text message that the incidents involving container-loaded trucks “caused total blockade on both sides of the Lagos /Ibadan express way this […]

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SEC, NSE APPROVE ACQUISITION OF MOBIL BY NIPCO

The Nipco Plc, has announced the successful acquisition of 60% stake in Mobil Oil Nigeria Plc (MON) following due statutory approvals from the ‘Securities and Exchange Commission’ and the ‘Nigerian Stock Exchange’. Briefing newsmen yesterday, the Group Managing Director, Nipco Plc Venkataraman Venkatapathy the Focus will now be placed on expansion of the retail footprint under the Mobil brand. With […]

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