Coscharis Gives Ford FIGO to 2017 JUMIA Black Friday Promo Winner(See Photos)

Winner of the recently concluded Jumia Black Friday Promo has received a brand new Ford Figo, valued at N5 million. The price presentation event, which held at Ford showroom on Akin Adesola, Victoria Island, Lagos on Wednesday, was witnessed by newsmen and representatives of Jumia and Coscharis  Group. Coscharis Group’s General Manager, Marketing Communications, Abiona Babarinde, who presented the car ...

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Oando, Other Oil Marketers Fined N30.5m for diverting 129,000lts – DPR

Mr Mohammed Saidu, Head Public Affairs Unit of the Department of Petroleum Resources (DPR) says petroleum marketers diverted 129,000 liters of petrol from Abuja on Friday. Saidu, who revealed this to the News Agency of Nigeria (NAN) after monitoring the stations, added that some of the erring filling stations had been given a total fine of more than N30.5 million. ...

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How Navy Destroys Illegal Refineries Daily

The Eastern Naval Command (ENC) of the Nigerian Navy Calabar, on Friday said it had destroyed illegal refineries within its area of responsibility. Rear Adm. Victor Adedipe, the Flag Officer Commanding (FOC), ENC, disclosed this to newsmen while decorating two senior officers. Adedipe decorated Capt. Mary Adetola, the fourth female officer in the Nigerian Navy to become a Commodore in ...

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Arrest of Nigerian Auto Manufacturer, Innoson: Justice Minister Says He’s Unaware

Mr Abubakar Malami, the Minister of Justice and Attorney-General of the Federation, on Thursday denied knowledge of the circumstances that led to Tuesday’s arrest and detention  of vehicle manufacturer, Chief Innocent Chukwuma, a.k.a Innoson. The industrialist was whisked off his Enugu residence by the operatives of the Economic and Financial Crimes Commission (EFCC) and detained on an alleged directive from Malami’s ...

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EFCC Releases Innoson on Bail

… As Senate Condemns, Investigates His Arrest The Economic and Financial Crimes Commission said it has released on bail,   Anambra state-born industrialist, Chief Innocent Chukwuma, better known as Innoson. The business man who runs a local auto assembly plant was arrested on Tuesday December 19, 2017 at his Enugu residence, following his refusal to respond to invitations by the Commission, after ...

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Kia Records 200% Year-on-Year Sales in Nigeria

…Projects a Sustained Sales growth in 2018 Kia Motors Nigeria, the sole distributor of the leading Korean brand in Nigeria, has recorded increased sales in the year 2017 with over 200% year-on-year sales from 2016. Making the revelation in a statement released at the weekend, the company expressed a resolve to triple its current year’s  sales record in 2018 with ...

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Nigerian Custom Service Intercepts 500 Smuggled Vehicles

The Nigerian Custom Service(NCS), Ogun State Area Command, seized not less than 500 used vehicles smuggled into Nigeria via the neighbouring Republic of Benin through Idiroko border and its axis. The Controller of the Area Command, Sani Madugu, who made the disclosure while addressing journalists during a briefing held at Idiroko border at the weekend, said the total figure was ...

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NNPC Products Distribution, Sale Increase By 29%

The Nigerian National Petroleum Corporation (NNPC) distributed and sold about 1.3 billion litres of petroleum products throughout the country in September, a report has said. A statement issued in Abuja on Monday by Mr Ndu Ughamadu, NNPC Group General Manager Public Affairs Division, said the figure was contained in the Sept. 2017 edition of the monthly NNPC Financial and Operations ...

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DPR suspends Six Fuel Marketers Over Diversion

The Department of Petroleum Resources (DPR), Eket field, says it has suspended six marketers in Akwa Ibom for diverting petroleum products The DRP Operations Controller in Akwa Ibom, Mr Tamunoiminabo Sundaye, disclosed this to the News Agency of Nigeria (NAN) in Eket on Sunday. Sundaye said that the marketers lifted 180,000 litres of petrol from NNPC Calabar depot to an ...

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