Photo by murat soyluoglu on Pexels.com SAIC Volkswagen Automotive Co is offering 3.7 billion yuan ($537 million) in cash subsidies for car purchases in China, joining more than 40 brands in slashing prices ahead of a change in emissions rules in the world's largest auto market. The joint venture between China's SAIC Motor Corp Ltd … Continue reading Volkswagen joins price war as new carbon emissions regulation looms in China
Day: March 17, 2023
Silicon Valley Bank seeking bankruptcy protection as banking turmoil persists
Silicon Valley Bank (SVB) Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after its former unit Silicon Valley Bank was taken over by U.S. regulators. The move to commence bankruptcy proceedings comes as emergency measures to shore up confidence have … Continue reading Silicon Valley Bank seeking bankruptcy protection as banking turmoil persists
Court rejects plea to bail Abba Kyari’s associate
The Court of Appeal in Abuja has rejected an appeal by THE ASSISTANT Commissioner of Police, Sunday Ubua wherein he sought to be admitted to bail. Ubua is an Associate of the suspended super cop, Deputy Commissioner of Police, Abba Kyari. The National Drug Law Enforcement Agency is prosecuting Ubua for drug-related offences. A three-member … Continue reading Court rejects plea to bail Abba Kyari’s associate
Will Desmond Elliot retain Assembly seat in Lagos?
Ahead of the March 18 gubernatorial and House of Assembly Elections, Lagos is undoubtedly a hotbed. One of the battles is between the incumbent House of Representative member for Surulere Constituency I, Desmond Elliot and the youthful Nigerians in the State who have repeatedly vowed to retire the actor. The foremost actor, Desmond Elliot, has … Continue reading Will Desmond Elliot retain Assembly seat in Lagos?
Best pictures of the day 17/03/2023
An aerial view of a pool at the edge of a hillside landslide in San Clemente, California. Photograph: Mario Tama/Getty Images San Clemente, California An aerial view of a pool at the edge of a hillside landslide brought on by heavy rain. Four ocean-view apartment buildings had to be evacuated owing to unstable conditions Photograph: … Continue reading Best pictures of the day 17/03/2023
BLOODY WAR: Shi’ite members clash with El-Rufai’s convoy in Kaduna
Security operatives attached to the convoy of the Kaduna State Governor, Nasir El-Rufai on Thursday evening, clashed with Shi’ite members in Bakin Ruwa Area of Igabi Local Government Area of Kaduna State. The development, according to reports, resorted to the death of at least four persons, while many others were injured. The governor’s convoy came … Continue reading BLOODY WAR: Shi’ite members clash with El-Rufai’s convoy in Kaduna
Top news in Nigeria today 17/03/2023
Good AFTERNOON! Here is today’s summary from Nigerian newspapers: 1. President-elect, Asiwaju Bola Tinubu, on Thursday, dampened the hope of advocates of a government of national unity, favouring competence over such a political arrangement. He stated that his aim was higher than a government of national unity and would rather seek a government of national competence … Continue reading Top news in Nigeria today 17/03/2023
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