Jim Hackett, chief executive of Ford Motor, had promised a plan to improve the company’s “fitness” and strategic direction. CreditJoe Vaughn for The New York Times New York (NYT) - Ford Motor’s new chief executive offered a blueprint on Tuesday to take advantage of changing customer tastes and new technologies such as
Industries
Unveiling World’s most expensive commercial jet
- Tickets costs N15.3m per hour - Passengers will be treated to five-star treatment, with on-board butlers and a Michelin Star-inspired menu -Flights will start in the autumn of 2017, with 14, 21 and 28-day hop-on hop-off itineraries available The world’s most luxurious commercial jet ever has taken to the skies with a
Apapa Jetty fire will not affect fuel supply – NNPC
The Nigerian National Petroleum Corporation, NNPC, has assured motorists and other consumers of petroleum products nationwide that the fire incident which occurred at Apapa loading jetty at the early hours of yesterday will not affect supply of petroleum products. NNPC advised motorists not to engage in panic paying, adding that they
5 Ships loaded with $37.9m maize, wheat, others arrive Lagos ports
About five vessels bearing maize, ethanol and wheat estimated at over $37.9m have arrived at the Lagos and Tin Can Island ports. According to information obtained from the Nigerian Ports Authority’s daily Shipping Position, a vessel, Cape Daly, arrived at the ABTL terminal on September 1 carrying 10,150 metric tonnes of
China studying when to ban sales of traditional fuel cars: Xinhua
Car dealers and customers walk at a second-hand car market near a newly-built residential area in Hefei, Anhui province, China January 26, 2013.REUTERS/Stringer BEIJING (Reuters) - China has begun studying when to ban the production and sale of cars using traditional fuels, the official Xinhua news agency reported, citing comments by
AMCON debunks Claims of Ethiopian Airlines taking over Arik Air
Nigeria, The Asset Management Corporation of Nigeria (AMCON) who took over the management of Arik Airline had announced that they have not had any discussed on with the management of Ethiopian Airlines regarding Arik Air Limited. According to the AMCON’s Head, Corporate Communications, Mr. Jude Nwauzor, “Our attention has been drawn to
Petrol price reduced to N142 per litre
The Nigerian National Petroleum Corporation (NNPC) says the prices of petrol, and cooking gas have crashed across the country. The NNPC said sustained strategic intervention in the efficient supply and distribution of petroleum products led to the significant fall in the prices of petrol and gas. Abuja - A statement issued on
Petrol costs set to soar in UK after Hurricane Harvey
Nigeria’s junior oil minister predicts fall in pump price of petrol
Volkswagen, Fiat Discussing Joint Production of Light-Utility Vehicles
HAMBURG (Reuters) - Volkswagen and Fiat Chrysler Automobiles have held discussions on joining up to produce some light-utility vehicles, a source close to the matter said on Thursday. “It’s still very vague, we have to see if this will be pursued,” the source said, without giving any details. Fiat Chrysler declined to