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Nigeria will retain positive global aviation rating

Nigeria,  Through its Director-General of the Civil Aviation Authority, Capt. Muhtar Usman, says the agency remains optimistic that Nigeria will retain its Category 1 safety rating. Capt Usman stated this on Friday at the conclusion of the United States Federal Aviation Authority’s five-day audit of the NCAA. Nigeria achieved a Category 1

Firm to unveil electric cars in Nigeria

Nigeria, An indigenous firm, Nigus Enfinity said it is set to introduce Electric Vehicles (EVs) into the Nigerian automobile market from 2018 just as it plans the first local assembly plant for EVs in 2020. The Chairman, Prince Malik Ado-Ibrahim at an interactive session in Abuja told newsmen that many countries

Nigeria Joins in the Fight against CO2 Emission in Air Travel

Lagos (Thisday) - Nigeria through its Civil Aviation Authority (NCAA) has joined the countries that have endorsed the implementation of the CO2 Emissions Mitigation Measures and Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) by the International Civil Aviation Organisation (ICAO). In June this year, the Director-General of the International

Robot Ship Experimenting to Disrupt the Global Shipping Industry

Japanese container line to conduct trans-Pacific test in 2019 Japan is aiming to set global standards for automated ships   (Bloomberg) - Japan’s largest container line plans to test a remote-controlled vessel across the Pacific Ocean in 2019 as it pursues fully autonomous technology that could disrupt the global shipping industry. Nippon

Uber Racks Up Rides, Losses Amid Setbacks

San Francisco (Fox) - Uber Technologies' scandal-plagued year apparently hasn't deterred ridership, though the ride-hailing company is still reporting heavy financial losses. The San Francisco company reported a $645 million loss for the second quarter, narrowing from $708 million in the first quarter. Revenue, not including a one-time outlay for drivers in

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

U.S. Port Volumes Rise as Retailers Add Inventory Ahead of Holiday Season

Ports around the country took in near-record imports in July, pointing to rise in consumer confidence.   U.S. retailers and manufacturers are stocking-up their inventories with newfound confidence heading into this year’s peak shipping season when imports typically tick up ahead of the end-of-year holidays. American ports took in the equivalent of 1.72

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