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Carlos Ghosn

Nissan’s Carlos Ghosn faces ‘two new charges’ in Japan

Prosecutors in Japan have indicted former Nissan chairman Carlos Ghosn with two fresh charges, according to local media.
Carlos Ghosn, who led an alliance of Nissan, Renault and Mitsubishi, at a factory several days before his arrest in November. On Tuesday, he told a Tokyo court he was falsely accused. Etienne Laurent

Nissan’s Carlos Ghosn insists he has been wrongly accused

Ousted Nissan boss Carlos Ghosn insisted that he had been "wrongly accused and unfairly detained" as he appeared publicly in court for the first time since his arrest over financial misconduct claims.
Carlos Ghosn, ex-chairman of Nissan will be spending Christmas and the beginning of 2019 behind bars [File- Regis Duvignau-Reuters]

Japan court extends ex-Nissan chief Ghosn’s detention by 10 days

Former Nissan boss Carlos Ghosn will spend Christmas and the beginning of 2019 behind bars, after a Tokyo court extended his detention for another 10 days.
(FILES) In this file photo taken on October 20, 2016 Nissan Motors chairman and CEO Carlos Ghosn answers a question during a joint press conference in Tokyo. - Executives at Japanese car firm Mitsubishi Motors on November 26, 2018 decided to sack Carlos Ghosn as chairman as the once-revered tycoon faces allegations of financial misconduct that sparked his shock arrest. (Photo by TOSHIFUMI KITAMURA / AFP)

Ghosn family removes items from jailed auto exec’s Rio apartment

Family members of Carlos Ghosn, the auto executive jailed in Japan on financial misconduct allegations, have entered an apartment he used in Rio de Janeiro and removed items, according to Nissan.
(FILES) In this file photo taken on October 20, 2016 Nissan Motors chairman and CEO Carlos Ghosn answers a question during a joint press conference in Tokyo. - Executives at Japanese car firm Mitsubishi Motors on November 26, 2018 decided to sack Carlos Ghosn as chairman as the once-revered tycoon faces allegations of financial misconduct that sparked his shock arrest. (Photo by TOSHIFUMI KITAMURA / AFP)

Ex-Nissan chief Carlos Ghosn charged, may face new allegations

Japanese prosecutors formally charge former Nissan chairman Carlos Ghosn with financial misconduct for under-reporting his salary, three weeks after the auto tycoon’s arrest stunned the business world

2 die, 6 injured in Lagos/Ibadan Expressway accident

The Ogun Traffic Compliance and Enforcement Corps (TRACE) said two persons died while six others sustained various degrees of injury in an accident involving four vehicles near Kara Bridge on the Lagos/Ibadan Expressway on Saturday.
(FILES) In this file photo taken on October 20, 2016 Nissan Motors chairman and CEO Carlos Ghosn answers a question during a joint press conference in Tokyo. - Executives at Japanese car firm Mitsubishi Motors on November 26, 2018 decided to sack Carlos Ghosn as chairman as the once-revered tycoon faces allegations of financial misconduct that sparked his shock arrest. (Photo by TOSHIFUMI KITAMURA / AFP)

Mitsubishi Motors sacks Carlos Ghosn as chairman

Mitsubishi Motors is sometimes the forgotten partner in the three-way alliance with Nissan and Renault that dominates the global auto industry, but the Japanese firm has a colourful -- and scandal-hit -- history.
A woman walks in the showroom of the Nissan headquarters building in Yokohama on November 22, 2018. - Nissan board members looked set to oust disgraced tycoon Carlos Ghosn as chairman on November 22, after his spectacular arrest for financial misconduct sent shockwaves through the car industry and the business world.Ghosn. (Photo by Martin BUREAU / AFP)

Nissan board meets to oust disgraced tycoon Carlos Ghosn as chairman

Nissan board members appeared poised to oust disgraced tycoon Carlos Ghosn as chairman Thursday, after his spectacular arrest for financial misconduct stunned the car industry and the business world.
A man walks past a stock indicator board showing the share prices of Japanese companies on November 21, 2018. (Photo by Martin BUREAU - AFP)

Tokyo stocks close higher after US bounce

Tokyo stocks closed higher on Thursday as investors took heart from a slightly cheaper yen and a rebound in US shares, but trade was cautious ahead of holidays in Japan and the US.
Pedestrians walk past the headquarters of Mitsubishi Motors in Tokyo on November 20, 2018. - Nissan and Mitsubishi shares plunged on November 20, as the automakers prepared to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct. (Photo by Behrouz MEHRI / AFP)

Nissan shares plunge as Ghosn faces ouster after arrest

Nissan and Mitsubishi shares plunged Tuesday after chairman Carlos Ghosn was arrested for alleged financial misconduct, that reportedly included exorbitantly priced houses and diverted compensation.
A man walks past a stock exhange indicator in Tokyo on November 20, 2018. - Nissan shares lost six percent of its value at the opening as his CEO Carlos Ghosn was arrested as he was hiding part of his salary to the Japanese state. (Photo by Behrouz MEHRI / AFP)

Tokyo stocks close down, Nissan plunges over 5%

Tokyo stocks dropped on Tuesday with shares in Nissan diving more than five percent and Mitsubishi also plunging after chairman Carlos Ghosn was arrested over allegations of financial misconduct.
Carlos Ghosn

Nissan chairman arrested for allegedly violating financial law in Japan

Carlos Ghosn, chairman of the Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. alliance, was arrested Monday evening for allegedly violating a financial law involving the 64-year old misreporting his corporate salary and using the company’s money for his own purposes.
A pedestrian walks past a stock indicator board for the Tokyo Stock Exchange in Tokyo on September 19, 2018. Tokyo's benchmark Nikkei index surged to the highest level in nearly eight months on September 19, with investor sentiment buoyed by gains on Wall Street and a cheaper yen. / AFP PHOTO / Behrouz MEHRI

Tokyo stocks close flat after PM Shinzo Abe’s win

Tokyo stocks closed flat on Thursday, with traders taking Prime Minister Shinzo Abe's widely expected victory in the party leadership election in their stride.

Hit-and-run driver kills mother, baby in Ogun

A Mitsubishi pick up van on Friday knocked down a nursing mother backing a baby and holding another child at Odeda on the Abeokuta/Ibadan road, killing both the mother and baby.

Police nab suspected killers of Lagos neighbourhood corps official

The police in Lagos have arrested over 70 suspected cultists, including those who allegedly killed a neighbourhood corps official, in a major clampdown against cultism across the state.

Ex-Army chief Azubuike Ihejirika grilled by EFCC over N13bn arms cash

The Economic and Financial Crimes Commission (EFCC) detectives Wednesday quizzed a former Chief of Army Staff, Lt.-Gen. Azubuike Ihejirika, over alleged N13 billion arms cash traced to him and his relations.

Court orders land agent to refund N10m to NAF officer over failed contract

An FCT High Court Maitama on Friday ordered a land agent Innocent Effiong to refund a sum of N10 million to one Group Capt. A. A. Adeniyi for a failed land contract.

Volkswagen plans to double output from Kenya plant

German automaker Volkswagen (VW) plans to double output at its Kenyan assembly plant and could build a second model there, Kenya’s presidential office said without giving a timeline.

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Ethiopia deploys military against armed opposition faction

Ethiopia has deployed soldiers against an armed faction of a recently-legalised opposition group that is robbing banks and attacking residents in the country’s remote west, the government said Wednesday.

Chelsea to offer role to Petr Cech after retirement

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AGF orders freezing of Justice Onnoghen’s accounts

The Office of the Attorney-General of the Federation has asked the Nigerian Financial Intelligence Unit to freeze the bank accounts of the Chief Justice of Nigeria, Justice Walter Onnoghen.
Vice President Yemi Osinbajo

VP Osinbajo: Atiku Abubakar, PDP have always opposed restructuring

Vice President Yemi Osinbajo on Wednesday said the Peoples Democratic Party (PDP) and its presidential candidate in February 16 presidential election, Alhaji Abubakar Atiku have always opposed restructuring of the country.
Oby Ezekwesili

Oby Ezekwesili: APC, PDP playing politics with Nigerians’ plight

The presidential candidate of Allied Congress Party of Nigeria, ACPN, Dr. Oby Ezekwesili, has again taken a swipe at both the ruling All Progressive Congress, (APC), and the main opposition Peoples Democratic Party, (PDP), of playing politics with the plight of the Nigerian people, lamenting that Nigeria was now known as “the world capital of poverty.”