June 28, 2026

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Business

  • IkDC expands network maintenance to ensure stable supply in the yuletide

    Espinews December 21, 2018
    0 559
    Business

    The management of Ikeja Electric (IE) has announced the expansion of network patrol teams and field operations preemptive maintenance across its network, to ensure customers have an enjoyable Yuletide. The move, which will see various installations undergo preemptive maintenance work, as well as increased number of patrol teams to ensure…

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  • StanbicIBTC facilitates training of 25 journalists at TMTR Training Room

    Espinews December 17, 2018
    0 592
    Business

    StanbicIBTC bank has facilitated the training of 25 Nigerian journalists drawn from across online and traditional media outfits at the Lagos based TMTR Training Room. The training took place on Friday December 14, 2018. The programme focused primarily on equipping the participants with tools and insights to better understand the…

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  • Jaguar unveils mobile holiday window

    Espinews December 14, 2018
    0 534
    Business

    Jaguar partnered with HGTV’s Jonathan Scott to create the first-ever mobile holiday window in a hollowed out two-story bus featuring a Jaguar E-Pace. The window was unveiled Dec. 11 in New York and will be on display until Dec. 23. It will travel throughout New York shopping areas, including Gramercy…

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  • FG urged to clear oil marketers’ N800bn debt

    Espinews December 6, 2018
    0 599
    Business

    The Federal Government has been urged to pay up the independent oil marketers to avoid shutting oil supplies. The House of Representatives who gave the advice said this will help save Nigerians for unnecessarily trouble especially in the yuletide. Petroleum marketers had threatened to stop supply of petroleum products unless…

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  • Volkswagen targets Ford’s U.S. plants to build cars

    Espinews December 6, 2018
    0 551
    Business

    German automaker, Volkswagen AG may be looking at using Ford’s plants to build cars. The company’s  chief executive said on Tuesday after a meeting at the White House that the Volkswagen was building an alliance with Ford Motor Co (F.N) and might use the U.S. automaker’s plants to build cars.…

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  • FG to commit $200m to fix power sector

    Espinews December 4, 2018
    0 431
    Business

    A fresh loan of $200 million is to be committed to fix the lingering power sector problem. According to The Nation, the African Development Bank (AfDB) Group yesterday said it provided $150 million for the project. The balance of $50 million was issued from the Africa Growing Together Fund (AGTF)…

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  • Senators, union press GM CEO on plant closings, job cuts

    Espinews December 4, 2018
    0 774
    Business

    General Motors Chief Executive Mary Barra, facing growing criticism, will meet with Ohio’s two U.S. senators on Wednesday about the Detroit automaker’s plans to idle five North American plants and cut up to 15,000 jobs. Senator Rob Portman, a Republican, and Sherrod Brown, a Democrat, said in a joint statement…

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  • GM to cut down jobs and production

    Espinews November 28, 2018
    0 849
    Business

    General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce because of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles. GM’s actions add up to the biggest restructuring for the U.S. No. 1 carmaker…

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  • Ikeja Electric bags Corporate Pacesetter, HSE Campaign of the Year Awards

    Espinews November 26, 2018
    0 470
    Business

    Ikeja Electric Plc (IE), has won two prestigious awards – Corporate Pacesetter (Power Sector) and HSE Campaign of the Year awards, in recognition of its HSE Initiatives and innovative approach in educating Nigerians through the use of its proprietary Power Play game. The awards were presented to Ikeja Electric at…

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  • We have never deprived govt of its legitimate revenue- NB

    Espinews November 26, 2018
    0 529
    Business

    Nigerian Breweries has said that, it is committed to winning with Nigeria hence; it has never sought to do anything that will deprive the nation its legitimate revenue. The brewery giant, made the comment in response to the temporary shutting down of its operations in it’s Abuja and Lagos offices…

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