Jaguar Land Rover has recalled 54,000 vehicles in the United States of America (USA)  in the latest round of Takata airbag recalls. The recall breaks down to 20,000 Jaguar XF sedans and 34,000 Range Rovers for frontal passenger airbag inflators that may rupture. According to Automotive News, the  first phase of the recall covers certain 2009-11 Jaguar XF models and certain 2007-11 Land Rover …

Considering the enormity of quest to re-engineer its operations and further boost returns on investment, forte oil has concluded plans to raise N50billion debt instrument from the capital market. Similarly, the company disclosed that the second leg of its capital raising which will be done through equity financing in 2017 or beyond when the need arises. Addressing the capital market …

FRIDAY EKEOBA Nestlé Nigeria Plc has announced draw-down in its operations for the half year period ended June 30 , 2016, as finance costs rose by 361 per cent to impact negatively on profitability. According to the multinational company finance costs rose by 361 per cent to N14.89 billion in half year ended July 30, 2016 from N3.2billion in half year ended July …