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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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FG, Organised Labour Rescheduled Meeting Underway In Abuja

The rescheduled meeting between the federal government and organised labour is underway in Abuja.

Nigerian Coach Releases Final 20-Man Squad For WAFU Cup [Full list]

Isa Ladan Bosso,Nigeria’s Flying Eagles coach, has named his final 20-man squad that will contest for the WAFU Cup of nations tournament.

India Slips Into Recession, Worst Among Major Economies

India’s economy contracted 7.5 percent between July and September, performing the poorest among major advanced and emerging economies and entering a technical...

Nigerian lawmaker, Victor Mela Sentenced To Prison

A member of the House Representatives, Victor Mela, has been sentenced to one month imprisonment. A Magistrate Court in...

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.