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Ten people die in Ondo road accident

Akure SW Nigeria (Tribune) - No fewer than ten people lost their lives on Sunday, in two different road accidents that occurred between Ijebu Ode/Ore expressway in Odigbo local government area of Ondo state and Ibaka market in Akungba Akoko in Akoko South West local government area of the state. According to

Shell is buying up solar power, electric car charging points

People take pictures of a high-efficiency petrol-burning concept car as it is unveiled by Royal Dutch Shell during a ceremony in Beijing, China April 22, 2016. REUTERS/Damir Sagolj   ...buying spree cranks up the race for clean energy London (Reuters) - Royal Dutch Shell has spent over $400 million on a range of acquisitions

Group of Senators urge Nigerian Parliament to speed up passage of transportation bill

Abuja - A group of Nigerian senators have called their colleagues in the national assembly to speed up passage of the bill to establish the Chartered Institute of Logistics and Transport of Nigeria The senators made up of the Chairman, Senate Committee on Land Transportation, Senator Gbenga Ashafa of Lagos East, his

Hyundai Motor earnings miss forecasts on weak China sales

Seoul, South Korea (AP) - Hyundai Motor said Thursday its fourth-quarter earnings rose a lower-than-expected 3 percent, hurt by weaker overseas sales, while its operating income slumped to its lowest level since 2010. South Korea’s largest automaker said its October-December net profit was 1.03 trillion won ($970 million) on sales of

VW’s Scania backs Northvolt’s $5 billion Swedish battery plant

Northvolt's $5 billion electric-car battery plant Stockholm (Reuters) - Volkswagen-owned truckmaker Scania is to invest 10 million euros in a 4 billion euro ($5 billion) project to build Europe’s biggest battery cell plant in northern Sweden. Sweden’s Northvolt, whose CEO Peter Carlsson used to work for Tesla, is racing against rivals such as

Toyota South Africa recalls more than 700,000 vehicles

Cape Town (Reuters) - Japanese carmaker Toyota’s South African unit recalled more than 700,000 vehicles because of an issue with safety bags used in the cars, an official at Toyota South Africa said. “Toyota South Africa has initiated an immediate recall in excess of 700,000 vehicles across 10 models, including Lexus. This

Tourist boat owners move to ease water transport

The Association of Tourist Boat Operators and Water Transport of Nigeria has affected plans to ease the movement of passengers through the waterways by constructing barges that will be able to carry three or more vehicles across the water in Lagos. According to the group, this was done in response to

Airline Operators Kick against Open Sky for Africa

Airline Operators of Nigeria (AON) on Tuesday kicked against the plan to deregulate the African airspace as an endorsement of Yamoussoukro Decision, which was agreed on by African states in Yamoussoukro, Cote’Ivoire in 1988. The open sky for Africa allows easy entry and exit of African airlines to the airspace of each country

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