Nissan
1 day ago
Nissan shares plunged on Wednesday as reports said the struggling Japanese carmaker was walking away from merger talks with rival Honda. The Nikkei business daily and other local media earlier said Honda had proposed making Nissan its subsidiary, instead of the previous plan to integrate under a new holding company. "Strong opposition" within Nissan to…
2 days ago
A Tokyo court on Tuesday upheld a suspended six-month sentence for former Nissan executive Greg Kelly, a one-time aide of the firm's fugitive
23 Dec
Former Nissan chief Carlos Ghosn on Monday said the struggling Japanese automaker was in "panic mode" as it prepares to start talks on a merger with industry arch-rival Honda.
20 Dec
Japanese auto giant Honda and its struggling rival Nissan will reportedly begin talks on a merger to boost their strength in electric vehicles, where Chinese brands are racing ahead.
17 Dec
Japanese auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported early Wednesday. The two firms are looking to operate under a single holding company and will soon sign a memorandum of understanding for the new entity,…
25 Mar 2024
Japanese auto giant Nissan said Monday it will slash production costs for next-generation electric vehicles by 30 percent as it competes with fast-growing Chinese rivals.
1 Mar 2024
Nissan is planning to launch a self-driving taxi service in Japan in the financial year starting April 2027, the auto giant said Wednesday. The company said it would begin trials of the commercial service
Latest
1 day ago
Vice-President Kashim Shettima on Wednesday inaugurated the Supervisory Board of the Debt Management Office (DMO) to strengthen fiscal and monetary policy coordination of the Federal Government. The vice-president, while inaugurating the board at the Presidential Villa, Abuja, said it was part of government’s efforts to ensure long-term debt sustainability, in line with President Bola Tinubu’s…
1 day ago
The Shehu of Borno, Alhaji Abubakar Ibn-Umar Garbai El-Kanemi, has urged citizens to plant, nurture and protect trees to ensure greener and more resilient Borno. He made the call when Usman Aliyu, Director-General of the Borno State Agency for the Great Green Wall (BOAFGGW), paid him a courtesy visit at his palace in Maiduguri on…
1 day ago
The National Chairman of the All Progressive Congress (APC), Dr Abdullahi Ganduje, on Wednesday, received Sen. Ned Nwoko, representing Delta North Senatorial District, into the APC fold. Nwoko formerly of the Peoples Democratic Party (PDP), recently decamped to the APC citing deep divisions and factionalisation within the party at the state and national level as…
1 day ago
Israeli Foreign Minister Gideon Saar on Wednesday accused the UN Human Rights Council of anti-Semitism as he announced Israel would boycott of the United Nations body. "This body has focused on attacking a democratic country and propagating anti-Semitism, instead of promoting human rights," Saar said in a post on X. The minister cited Israel being…
1 day ago
The Zone 2 Police Command in Lagos State on Wednesday paraded a hotelier, simply identified as Macdonald, following his detention over allegations of having unlawful carnal knowledge of a male minor. The Zonal Public Relations Officer (ZPRO), CSP Umma Ayuba, paraded the suspect before newsmen at the Command Headquarters, Onikan, Lagos. Ayuba said that the…
1 day ago
Germany's former chancellor Angela Merkel on Wednesday urged politicians to dial back tensions ahead of elections this month after her centre-right CDU party sparked uproar by accepting the far right's support. "There is a degree of polarisation (and) turmoil," she said in a live interview with the Die Zeit newspaper. "I think that has occupied…
1 day ago
Gov. Babagana Zulum of Borno has commended President Bola Tinubu for approving N80 billion for the reconstruction and upgrade of the collapsed Alau Dam. This is contained in a statement by Zulum’s Special Adviser on Media, Mr Dauda Iliya, on Wednesday in Maiduguri. The governor described the approval as a significant step toward safeguarding lives…
1 day ago
The Peoples Democratic Party (PDP), Anambra chapter, has thrown its weight behind Mr Sunday Udeh-Okoye as the party’s National Secretary and Mr Peter Mbah as leader of the South-East caucus. The chapter announced the resolution during the inauguration of some standing committees of the party in Awka on Wednesday. The News Agency of Nigeria(NAN) reports…
1 day ago
Some of the West African nations who asked to leave the Economic Community of West African States after recent military takeovers are reportedly taking steps to reengage with the regional bloc within the six-month window set last December. Special Adviser to the President on Media and Public Communication, Sunday Dare, revealed this on Wednesday in…
1 day ago
From her balcony overlooking one of the world's most stunning sea views, Santorini resident Chantal Metakides insisted she would not join the scores fleeing the earthquakes shaking the popular Greek tourist island. "I'm not afraid at all," said the Belgian-born woman, who has lived on the volcanic island for 27 years. "For 500 years, this…