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Nissan set to cut 12,500 jobs worldwide

Japanese car giant Nissan has said it will cut 12,500 jobs around the world, more than double the amount previously announced. It will reduce its production capacity and the number of models it produces by 10% by the end...

Ex-Nissan boss, Carlos Ghosn granted bail by Tokyo court

The former boss of Nissan, Carlos Ghosn, has been granted bail by a Tokyo court in a surprise decision. The court set bail at one billion yen (£6.8m; $8.9m) and Japanese media reports said he could be released as...

Japan authorities extends Nissan Chairman, Carlos Ghosn Custody by 10 days

Japanese authorities have extended the detention of Nissan chairman Carlos Ghosn by 10 days, according to local media reports. It follows his arrest on Monday after Nissan made allegations of financial misconduct. Prosecutors had 48 hours after the arrest...

Nissan plans to remove Carlos Ghosn over ‘misconduct’

Japanese car giant Nissan has proposed removing chairman Carlos Ghosn from his post over financial misconduct claims. The firm said it had been conducting an internal investigation for several months which showed Mr Ghosn had been under-reporting his compensation....
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Nigerian lawmaker, Victor Mela Sentenced To Prison

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No Pardon For Gender Violence Offenders, Rapists, Says Sanwo-Olu

Governor of Lagos State, Babajide Sanwo-Olu has insisted that there is no pardon for such people in Nigeria’s commercial nerve centre.