SAN FRANCISCO (Reuters) - Uber Technologies Inc officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for 12 years, in a note sent to employees of the world's biggest ride-services company late on Tuesday. The board had already selected Khosrowshahi as Uber's next CEO
Year: 2017
Airlines’ record high traffic raises airfares in Nigeria as Sallah celebrations take centre stage
Nigeria (Businessday) - Domestic airlines have raised their fares from Lagos to northern routes in Nigeria, such as Kano, Kaduna, Maiduguri and Abuja, as a result of the Eid-el-Kabir celebration, which has also pushed up the prices of rams. Patronage at the ram markets is however low, as buyers stay
Lagos to build 57 computerised vehicle inspection centres
Nigeria, Lagos State Government annouced plans to build 57 state-of-the-art computerised vehicle inspection service centres for testing vehicles before being issued road worthiness certificates. The General Manager of Lagos Computerised Vehicle Inspection Service, (LACVIS) Mr. Segun Ogunnaike, who spoke on behalf of the Managing Director, Prince Segun Obayendo, at a forum
Freight Companies Scramble to Reroute Goods in Wake of Harvey
Trucking fleets, railroads and shipping lines are rerouting cargo and setting up alternate supply lines as Tropical Storm Harvey promises to disrupt freight traffic across southeast Texas for days. Seaports in Houston and Corpus Christi have been closed to most ships since before Harvey made landfall Friday, and rising waters from days of heavy rains and
Nigeria’s AIB blames 2012 police helicopter crash on pilot error
Nigeria's Accident Investigation Bureau (AIB) on Wednesday released a new report blaming a 2012 helicopter crash involving a Deputy Inspector-General of Police in charge of operations, Mr. John Haruna, and three others in the Kabong area of Jos, Plateau State, on pilot error. According to a report in the Punch the
How Harvey could affect nationwide auto sales
Toyota invests in ride-sharing app Grab
Toyota Tsusho Corporation, the sole general trading company of Toyota Group, has invested in Grab in its current financing round and is expected to raise $2.5 billion. This investment was made through its Next Technology Fund and is the latest participant in Grab’s current financing round, led by SoftBank and
Uber Announces Plan To Quit Tracking Riders After Drop-Off
Nigerian Government plans national digital map
The Federal Government on Tuesday announced that it had commenced moves aimed at putting together a national digital map that would help curb insecurity across the country. The map would further help in improving the country’s economy as the recently inaugurated Economic Recovery and Growth Plan was largely dependent on the
Nigerian Government To Connect Sokoto, Kebbi, Zamfara Rail Lines
Nigeria, Minister for Transportation, Mr. Rotimi Amaechi, during a courtesy visit to Governor Aminu Tambuwal of Sokoto State on Tuesday, announced that the ministry would design the rail lines to connect Kebbi, Zamfara, and Sokoto in line with the mandate to have rail in all the state capitals. This is one of