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Ford to build Rangers in Nigeria as it eyes West Africa

Published in Business
Wednesday, 12 August 2015 07:50

Ford South Africa CEO Jeff Nemeth (left) with Coscharis Motors Ltd. President Cosmas Maduka. Ford plans to assemble about 5,000 Rangers a year in Nigeria.Ford Motor Company (F.N) will start assembling its best-selling Ford Ranger pickup truck in Nigeria by the fourth quarter, as it expands in Africa and the Middle East, the U.S. automaker said on Tuesday.

The Nigerian assembly plant, in partnership with Ford dealer Coscharis Motors Limited, is the first outside South Africa, where Ford produces the Ranger for 148 markets.

Thabo DlotiLiberty Holdings plans to invest up to $80 million on two deals in Nigeria by year-end, as part of a five-year strategy by South Africa’s No.4 insurer to expand further into sub-Saharan Africa, its chief financial officer said.

Like rivals, Liberty is expanding elsewhere in Africa as growth prospects attract the attention of corporate executives and promise to increase the number of people who can invest in insurance to protect their wealth.

NEVER KNEW HE WAS 9JA:Jidenna

Thursday, 06 August 2015 09:48

jidenna01Jidenna Theodore Mobisson (born April 5, 1985) is an American recording artist from Wisconsin Rapids, Wisconsin.He is signed to Wondaland Records and in 2015 released two singles, "Classic Man" and "Yoga".

Buhari Appoints Emmanuel Kachikwu As New NNPC Managing Director

Published in News
Wednesday, 05 August 2015 11:53

Emmanuel Ibe Kachikwu appointed by President Buhari as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC)Emmanuel Ibe Kachikwu appointed by President Buhari as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC)
Sahara Reporters Media

South African First LadySouth African media is awash with headlines that the First Lady, Nompumelelo ­Ntuli-Zuma, has allegedly admitted to knowing about a plot to ­poison the President (her husband).

NEVER KNEW SHE WAS 9JA: Zain Asher

Wednesday, 05 August 2015 10:49

Zain Asher CNN News AnchorHer outstanding work in TV shows has got her fame and money. She is one of the most talented financial reporters in the town and her natural skills in presenting have won million of hearts already. She is none other than the very talented yet very down to earth Zain Asher.

Automotive-industryxxcFormer cabinet minister Alec Erwin says his work to get Nigeria’s automotive industry off the ground is no threat to auto companies in SA, but rather that the sectors in SA and Nigeria will "complement each other".

Ex President Mbeki visits Tutu in hospital

Published in News
Friday, 31 July 2015 07:26

Former President Thabo Mbeki paid a visit to Archbishop Emeritus Desmond Tutu and Reverend Canon Mpho Tutu. Photo: Benny GoolCAPE TOWN - Former president Thabo Mbeki visited Archbishop Emeritus Desmond Tutu at a Cape Town hospital on Thursday.

“The archbishop and his family were very moved by the support he has received over the past few weeks from people across the world‚” his daughter‚ Reverend Canon Mpho Tutu said.

Sample South African VisaAs Nigerians display a marked preference for foreign holiday destinations at the expense of domestic ones, successful visa applicants in the country have spent over N2 billion on the procurement of the South African visas in three years.

Shellfish growing on the wing of the debris/ Ludovic Lai-YuInvestigators in Toulouse, France, will start examining a piece of plane debris found on Reunion Island to determine whether the numbers found on the object correspond with the Malaysian Airlines jet that mysteriously vanished in March 2014.

The two-meter-long fragment, a wing component called a flaperon, was found Wednesday on a beach on Reunion Island, which is east of Madagascar and more than 3,500 kilometers from where the Boeing 777 was last tracked.