Nigeria

Award Galore For Coscharis Brands

Coscharis group the Nigerian conglomerate that plays in diverse sectors of the economy like the automobile, information technology, logistics, beverages, agro – allied amongst others representing globally respected iconic brands in Nigeria has cause to celebrate ending the challenging year with recognitions in terms of various awards across their business interest. Coscharis was recognized with the award as one of ...

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Jumia-Coscharis Partnership: Luxury Car Buyers to Save Millions of Naira

ROTIMI ASHER Following recent partnership agreement reached by Coscharis Motors and Jumia marketplace Company, indications are that future Nigerian buyers of luxury automobiles would save millions of Naira, provided they are bought through Jumia’s online shop. Jumia Nigeria Head of Partnership and Payment Solution, Omolara Ajele Awoyemi, made the disclosure during presentation of a brand new Ford Figo to the ...

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Innoson Withdraws Rights Enforcement Suit against EFCC

Mr. Innocent Chukwuma, the CEO of Innoson Nigeria Limited has withdrawn a fundamental right enforcement suit filed against the Economic and Financial Crimes Commission (EFCC) and five other respondents. In the ex-parte application filed before the court, the businessman,who was arrested by the EFCC on Tuesday, also sued the Nigerian government, the Attorney-General of the Federation (AGF), Inspector-General of Police ...

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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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