Standard Chartered appoints Olukorede Adenowo as Executive Director

Brand Spur
-
0
Standard Chartered appoints Olukorede Adenowo as Executive Director

Standard Chartered Nigeria has announced the appointment of Olukorede Adenowo as Executive Director of Standard Chartered Bank Nigeria.

His appointment as Executive Director follows his recent appointment earlier in the year as Head of Corporate and Institutional Banking business in Nigeria where he is responsible for driving and implementing the Bank’s business strategy for its corporate clients.

Olukorede Adenowo as Executive Director, Standard Chartered Bank Nigeria | www.wordpress-1516176-5827464.cloudwaysapps.com

Profile of Olukorede Adenowo

Prior to his appointment, Olukorede Adenowo (K.O) was the Chief Executive Officer for Standard Chartered Bank (SCB) The Gambia with the dual responsibility of managing the Bank’s business interest in Senegal.

He has been a Non-Executive Director of SCB Sierra Leone from 2014 and also currently serves as a Non-Executive Director on the Board of Standard Chartered Bank Gambia.

K.O has a total of 33 years of post-university experience in banking, finance and consulting.

He was a founding staff of Standard Chartered Bank in Nigeria and has held various senior positions in Standard Chartered Bank Group in the last 21 years.

He has served as Head of Origination and Client Corporates for Standard Chartered Bank, West Africa; Deputy Managing Director of Standard Chartered Bank Cameroon and a senior management executive in the Wholesale Bank in Standard Chartered Bank Nigeria.

In his penultimate role as Africa Co-Head Financial Institutions and Public Sector business for SCB, K.O provided strong leadership in building and managing key strategic FI relationships across West Africa.

He worked closely with several Banks and Governments across the region i.e. Cameroon, Gabon, Senegal, Ghana, and most recently Nigeria in advising them on accessing international capital markets and ultimately improving the bank’s visibility in Public Sector for business success and growth in an increasingly stringent regulatory environment.

He was appointed the first Regional Head of Global Corporates for Standard Chartered Africa where he led the Africa Multinational business.

Prior to joining Standard Chartered Bank, KO worked in Societe Generale Bank Nigeria and Deloitte Nigeria, where he qualified as a Chartered Accountant in 1990.

An Economist turned Chartered Accountant; he was appointed Fellow of the Institute of Chartered Institute Accountants of Nigeria in 2000.

He is an alumnus of INSEAD and Said Business School of Oxford University where he had management training in Leadership and holds an MBA from the Lagos Business School.

He is married to Olajumoke and both have two children.

Insider Dealings: Sterling Bank Discloses 18,896,605 Shares Purchased by 4 Directors

Brand Spur
-
0
Insider Dealings: Sterling Bank Discloses 18,896,605 Shares Purchased by 4 Directors

The Sterling Bank Plc on, Tuesday, disclosed insider dealings of 18,896,605 shares acquired by four of the company’s Executive Directors between July 13 and 16, 2020.

In a statement signed by the Company Secretary, Temitayo Adegoke, Sterling Bank released through the Nigerian Stock Exchange, the lender said four Executive Directors bought the shares through the Nigerian Stock Exchange platform-X-STREAM.

Details of the transactions

Mr. Yemi Odubiyi

An Executive Director of the company, bought 7,128,882 shares of Sterling Bank at N1.24 a unit on July 15, 2020.

Mr. Raheem Owodeyi

Another Executive Director purchased 2,121,258 shares of the company at N1.24 per unit on July 16, 2020.

Mr. Emmanuel Emefienim

The Executive Director bought Sterling Bank’s shares of 8,368,688 units and N1.25 per share on July 14, 2020.

Mr. Tunde Adeola

Mr. Tunde Adeola, Executive Director, purchased 1,277,777 shares at N1.25 per unit on July 13, 2020, through the Nigerian Stock Exchange platform- X-STREAM.

Earlier, Brand Spur reported Mr. Abubakar Suleiman, Managing Director of the Bank, insider dealing of 18,457,500 shares at N1.24 per share from the company on July 16, 2020.

Insider Dealing: Tony Elumelu Purchases Additional 6.98m UBA Shares

Brand Spur
-
0
Insider Dealing: Tony Elumelu Purchases Additional 6.98m UBA Shares

Tony Elumelu, Chairman of United Bank for Africa Plc, acquired an additional 6,980,426 Shares of the Bank on Tuesday, a day after he purchased 62,643,500 shares in accordance with the new Nigerian Stock Exchange policy on insider dealing.

This brings the total of shares purchased to 69,623,927 by the Chairman in the month of July alone.

In a statement released through the Nigerian Stock Exchange and signed by Company Group Secretary, Bili A. Odum, the Bank said Elumelu purchased the additional shares at N6.15 per share and another 62,643,500 shares at N6.20 per share.

Further information revealed Tony Elumelu bought 69,623,927 ordinary shares valued at N431,319,326.05 between July 20 and 21, 2020 from the Nigerian Stock Exchange in Lagos.

See below for more information:

Oyo Approves Issuance of N100 Billion Private Bond for Circular Road, Iseyin-Ogbomoso Road, Ibadan Airport Expansion

Brand Spur
-
2
Oyo Approves Issuance of N100 Billion Private Bond for Circular Road, Iseyin-Ogbomoso Road, Ibadan Airport Expansion

…Bond to Take Care of Construction and Upgrade of Hospitals, Ibadan Dry Port and Rail Corridor Development – Commissioner

The Oyo State Executive Council on Tuesday approved the issuance of a N100 billion private bond tagged “Oyo Prosperity Bond” to facilitate the execution of priority projects that will further drive economic development in the State.
This was disclosed in Ibadan by the Commissioner for Information, Culture and Tourism, Dr Wasiu Olatubosun, after the State’s weekly Executive Council’s virtual meeting.
Oyo State Governor, Seyi Makinde
Olatubosun disclosed that the fund would be raised in two tranches of N50 billion each for the construction of the 50-kilometre Iseyin-Ogbomoso road, the Ibadan Circular Ring-Road and Ibadan Airport upgrade.

The fund will also covered the development of Ibadan Dry Port and rail corridor that he said would serve as economic hubs of the State.

The Commissioner stated further that the State would construct and upgrade, with modern equipment, one Government hospital in each of the three senatorial districts of the State.

In addition, the 21-kilometre Airport – Ajia – New Ife Express Road with a spur to Amuloko in Ibadan would also benefit from the alternative project funding approach of the State Government.

According to the Dr Olatubosun, “considering the infrastructural needs of Oyo State to enhance its economic potentials, the State Government has approved the issuance of private bond tagged “Oyo Prosperity Bond” to facilitate the execution of priority projects with a view to raising one hundred billion Naira (N100bn), which is to be raised in two tranches of fifty Billion Naira (N50bn) each.”

“The State Government has approved Oyo State Prosperity Bond to allow for quick completion of these iconic priority projects. The construction of Iseyin – Ogbomoso Road is very important because when completed, it will serve as a link road and help to save many hours spent on travelling and the lives of commuters, who daily experience vehicular accidents on various roads that link the already dilapidated Ogbomoso Road.”

The Commissioner hinted that the 21-kilometre Airport – Ajia – New Ife Express Road with a spur to Amuloko would be executed by Messrs Peculiar Ultimate Concerns Ltd at a total cost of Eight Billion, Five Hundred and Twenty Million, Nine Hundred and Nineteen Thousand, Seven Hundred and Seventy-Six Naira, Forty-One Kobo (N8,520,919,776.41).

The project funding, Wasiu explained, would be in the form of Alternative Project Funding Approach (APFA), which allows for Public-Private Partnership for funding of infrastructural projects in the State.

“With this approach in place, there will be the transfer of projects’ risk to the private entity while the hassle of debt management office (DMO) approval would be avoided and the quality delivery, as well as quick completion of the project, would be ascertained,” Olatubosun said.

Meanwhile, the Oyo State Executive Council has also approved the establishment of the Oyo State Development Agency for Socio-Economic Advancement (OYODASA) to give room for the residents of the State to have a better understanding of Government’s goals and help establish a shared vision between communities within the State and the State administration.

Dr Olatubosun said the purpose of the agency was to booster participation in Governance at the grassroots levels, adding that the Government would establish offices for the agency in seven zones and in all the Local Government Areas of the State.

“The agency will ensure Government’s programmes and policies are better understood by the general public, mobilise favourable opinions for such programmes and policies, encourage informal education through public enlightenment activities and publications, and establish an appropriate framework for educating and orientating residents of the State towards developing socially desirable attitudes, values and cultures.

“It will also encourage the people to take part actively and freely in discussions and decisions affecting their general welfare while promoting new sets of attitude and culture for the attainment of the goals and objectives of the State.

“OYODASA will work to instil in the populace, a sense of loyalty to their fatherland, ensure and uphold leadership by example and foster respect for constituted authority,” he explained.

Lagos to Empower 2,743 Farmers in Its Agriculture Program (Photos)

Brand Spur
-
0
Lagos to Empower 2,743 Farmers in Its Agriculture Program (Photos)

No fewer than 2,743 farmers in Lagos State would next week Tuesday receive inputs and productive assets under the State Government 2020 Agricultural Value Chains Empowerment Program.

The State Acting Commissioner for Agriculture, Ms. Abisola Olusanya, who disclosed this today in Lagos, explained that farmers, agro-processors, fishermen, butchers and marketers would all benefit from the empowerment programme as productive assets peculiar to all the agricultural value chains would be made available to them at no cost.
According to her, the Agricultural Value Chains Empowerment Programme has been designed as a means of channelling the needed support to small-holder farmers who are actively engaged in the various Agricultural Value Chains, thereby creating further wealth and job opportunities in farming communities.
Olusanya explained that the aim of the empowerment programme was to provide the necessary inputs and assets needed by farmers to improve food production in the State in an effort targeted towards increasing the State’s self-sufficiency to 40% of food needs by 2023.
“The overall aim of the Agricultural Value Chains Empowerment Programme is to provide the necessary agricultural inputs and productive assets to farmers as a means of achieving improved food production and supply as well as delivering optimum economic benefits to farmers and other operators”, she averred.
The Acting Commissioner expressed hope that the Empowerment Programme would significantly improve the standard of living of farmers, fishermen, marketers, butchers, and agro-processors in the State through the expansion of their food production activities.
She pointed out that the Programme was targeted at farmers who would be the direct beneficiaries, as well as service providers, transporters, input manufacturers and suppliers within the system whose services would be required for the successful implementation of the project.
“The Empowerment Programme would further contribute to the achievement of the vision of ‘Making Lagos a 21st Century Economy’ and also the attainment of United Nations’ Sustainable Development Goals 1, 2, 5, 8, 10, 12, 13, 14, 15 and 17 of no poverty, zero hunger, gender equality, decent work and economic growth, reduced inequality, responsible consumption and production, climate action, life below water, life on land as well as partnership to achieve the goal would be met”, she asserted.
Olusanya noted that since the inception of the Empowerment Programme in 2014, a total of 11,233 farmers, fishermen, butchers, processors and marketers have been empowered, adding that as a result, food supply in Lagos has been raised from 18% in 2014 to 25% of total food demand in 2019.
According to her, only representatives of farmer’s Associations would receive the agricultural inputs on behalf of members of their Associations at the event in order to accommodate the physical distancing rule of the State Government.
“The implementation of this Programme, in view of the COVID-19 Pandemic and the social distancing regulations recommended by Government to control the spread of the disease, informed our decision to invite only representatives of farmers’ Associations to receive the agricultural inputs on behalf of members of their Associations at this event and thereafter input redemption by other beneficiaries will take place in three other centres at Agege, Ikorodu and Epe”, she revealed.

3RD MAINLAND BRIDGE PARTIAL CLOSURE: LAGFERRY to Increase Daily Operational Trips

Brand Spur
-
0
3RD MAINLAND BRIDGE PARTIAL CLOSURE: LAGFERRY to Increase Daily Operational Trips

…Adds Two Additional Routes

As part of the efforts to cushion the likely effects of the planned partial closure of the 3rd Mainland Bridge on the commuting public, Lagos State Ferry Services (LAGFERRY) has disclosed that it will increase its daily trips on most of the routes it currently operates, just as it hinted that arrangements have been concluded to commence operations on two new routes.

The two new routes, according to a statement issued by the Managing Director, Lagos Ferry Services (LAGFERRY), Mr. Abdoulbaq Ladi-Balogun on Tuesday, are Ilaje-Bariga Terminal where passengers would be conveyed from Oworonsoki to Victoria Island to Falomo-Ikoyi to CMS-Marina and Ebute-Ero; as well as Bayeku to Oke Ra Nla to Badore.
He said the increase in the daily trips will see most of the large passenger-boats like the 50 Seater MV Mobolaji Johnson and MV Bola Tinubu embark on two trips every morning and evening respectively.
The General Manager added that the 30 Seaters MV Igbega Eko, MV Babatunde Fashola and MV Oba Akiolu will be increasing their operations to three in the morning and evening, while at the Ipakodo Terminal, the boats will operate from Ikorodu to Victoria Island, Falomo-Ikoyi, CMS-Marina and Ebute-Ero on Monday to Friday throughout the duration of the rehabilitation works.
According to him, “While the MV Alausa (60Pax), MV Ejirin (60Pax), MV Itesiwaju (60Pax) and MV Ipakodo (40Pax) are expected to embark on just one trip each in the morning and evening.
Their operations on the new routes from Ilaje-Bariga Terminal to Victoria Island, Falomo-Ikoyi, CMS-Marina, Ebute-Ero will be on round roving trips from 8 am till 5 pm on daily basis in order to save commuters’ travel time as well as provide alternative means of transportation to Lagosians, especially people living and working on the Island’.
While assuring the public that arrangements are in place to guarantee their safety on the water, Ladi-Balogun maintained that adequate security arrangements have been made to protect passengers’ cars parked at the jetties of the new routes, adding that each of the jetties has secured parking spaces that would enable commuters to park their cars safely, board a boat and get to their destinations in record time.
He explained further that all LAGFERRY boats are built and equipped with modern technology and monitored in real-time to ensure passenger-safety, stressing that there would also be strict adherence to all safety regulations including the compulsory wearing of life jackets, washing of hands with water/sanitisers, temperature checks, maintaining physical distancing and operating within regulated hours.

LBSL Gets Approval to Ply BRT Corridor

Brand Spur
-
0
LBSL Gets Approval to Ply BRT Corridor

…To Begin Implementation of New Transport Fares in August

The Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has approved the use of the Bus Rapid Transit (BRT) dedicated corridor by Lagos Bus Services Limited (LBSL) buses, just as he endorsed that operators of the buses can commute passengers to its full capacity without standing, subject to strict adherence to established safety protocols.

A statement issued by the office of the Managing Director/Chief Executive Officer of the Agency, Mr. Idowu Oguntona, also revealed that as part of ongoing reforms by the Lagos Bus Services Limited (LBSL), an average of 46 percent increase in the transportation fares of LBSL will take effect from 1st of August, 2020.

He explained that conveying not more than 20 passengers per bus had resulted in only 14 percent utilisation of the busload, leading to 72 percent drop in revenue of the company while running costs remained fairly the same.

Oguntona averred that the approval to use the bus corridor by the Governor was to further give the commuting public a better experience on Lagos roads, while the increase in the number of passengers conveyed and fares become necessary in order to enable the company to sustain its operations following the negative impacts of the COVID-19 pandemic on public bus transportation.

According to the MD/CEO, “The Governor has also approved LBSL’s request to increase the number of passengers per bus from 20 to 42 in strict observance of updated COVID-19 safety protocol as directed by the Nigerian Centre for Disease Control (NCDC), in the operation of public transport, whilst ensuring all other measures are in place”.

He described the approval from the Governor as a long-expected desire by the agency, saying that news of the approval came at such a crucial time when the commuters needed it most, thus making a bus journey predictable on corridors with bus dedicated lanes.

The LBSL Chief Executive Officer envisaged that the decision of the Governor will further reposition the company for enhanced performance, assuring all the stakeholders of the company of an improved operational experience going forward.

While noting that the fare increase would improve LBSL’s operational efficiency and place the company on the path of sustainability in the long term, Oguntona maintained that the permission granted by the Governor now gives access to LBSL buses to use the dedicated BRT corridor from Berger through Ikorodu Road to Leventis, TBS and Obalende; and also from Oshodi through Ikorodu Road to Leventis, Inner-Marina, TBS and Obalende among several other routes.

He commended Governor Babajide Sanwo-Olu for listening to the yearnings of Lagosians when it mattered most while commending the efforts of the Ministry of Transportation as well as LAMATA for their unflinching support.

Oguntona reassured Lagosians that the company will continue to strive harder to bring public transportation in Lagos State to a reputable standard, and encouraged Lagosians to imbibe the culture of using public bus transit as a way of commuting safely within Lagos.

LASG Distributes Mobile Phones, Radio Devices for Virtual Learning (Photos)

Brand Spur
-
0
LASG Distributes Mobile Phones, Radio Devices for Virtual Learning (Photos)

In a bid to ensure that students benefit from the online and media classes initiated by the State Government, the Tutor-General/Permanent Secretary, Lagos State Education District 1, Mrs. Titilayo Solarin on Monday distributed mobile phones and radio devices to indigent students of the District.

Solarin explained that the gesture was to further enhance the teaching and learning experience of the students as well as expand the reach of the virtual classroom lessons that had been ongoing since the school closure due to the COVID-19 pandemic.

According to her, “The Telephone and Radio devices were donated by First Bank Nigeria through the Committee of Wives of Lagos State Officials, COWLSO, to the Lagos State Government”.

“Some of the beneficiaries included students of Iju Senior Grammar School, Ifako-Ijaiye; Abibat Mogaji Millennium Senior School, Agege; Agege Junior College, Agege; Orisunbare Senior High School, Alimosho and Akesan Community Junior Grammar School, Alimosho”, she added.

The Permanent Secretary informed that the District had observed that some of the students do not have access to either phones or radio devices in their localities, hence the decision to give them the phone and radio devices for participation in the online classes for easy monitoring and evaluation.

During the distribution exercise held at Iju Senior Grammar School, Ifako-Ijaiye, the Tutor-General thanked the State Government for the initiative as well as the provision of conducive learning atmosphere, saying that despite the pandemic, the supply of furniture had been going on across schools within the District.

She also disclosed that many schools are undergoing rehabilitation, upgrading of libraries and renovation of laboratories at this crucial period, thus affirming the commitment of Governor Babajide Sanwo-Olu’s administration to the Education sector.

The Tutor-General, however, urged the students to be serious-minded and face their studies whole-heartedly, stressing that they must reciprocate the government’s efforts of providing a conducive learning atmosphere as well as necessary tools make learning more meaningful and impactful.

While assuring the donors of the devices that the gadgets would be used judiciously for the intended purposes, she called on parents to monitor the movement and attitude of their children, especially now that they are learning outside the school environment, in order to avoid abuse of the use of social media.

In her words, “This is the time for parents to be more sensitive to the needs and yearnings of their wards, they should cultivate a cordial relationship with their children rather than entrusting them to the care of relatives, neighbours and friends because the rate of all forms of abuses in the society is alarming”.

The Director of School Administration, Mr. Oluyemi Adeshina, said that it was expedient for both parents and teachers to work together to save the future of the children by being alive to their specific roles and by not reneging from their responsibilities.

The event was attended by the representative of the Honorable Commissioner of Education, Mrs. Olufunke Oyetola, the District Directors, ANCOPSS Chairperson and Principal of Iju Grammar School, Mrs. Dorcas Adegboye, NUT representatives and Parents Forum members, among others.

Compact all-rounder as an entry to the Mercedes-AMG world: The new Mercedes-AMG GLA 35 4MATIC

Brand Spur
-
0
Compact all-rounder as an entry to the Mercedes-AMG world: The new Mercedes-AMG GLA 35 4MATIC

The range of compact 35-series entry-level models to the world of Mercedes-AMG is now complete. The seven-member family extends from the A-Class as a hatchback and notchback (in a long version for China) to the CLA Coupé and Shooting Brake and the seven-seater GLB – and is now rounded off by the new GLA 35 4MATIC (combined fuel consumption 7.5-7.4 l/100 km; combined CO2 emissions 171-170 g/km).

The technical basis is already well-proven: the agile high-torque 2.0-litre four-cylinder turbo engine delivers 225 kW (306 hp), which is variably distributed to all four wheels via the 8-speed dual-clutch transmission and the all-wheel drive. The dynamic performance (acceleration from 0-100 km/h in 5.2 seconds) and the Performance driving experience are aimed at sporty and lifestyle-oriented target groups.

Characteristic of Mercedes-AMG, characteristically dynamic: the exterior design

The design of the GLA 35 is based on the AMG Line, but also makes unmistakable statements with distinctive features. The AMG-specific radiator grille emphasises the model’s membership of the AMG family. Other recognition features include the trim on the louvres in the outer air inlets and the front splitter in silver chrome, or optionally in high-gloss black.

Eye-catching features, when viewed from the side, are the 19-inch 5-twin-spoke light-alloy wheels painted in tantalum grey with a high-sheen finish (other designs optionally available in 19, 20 or 21 inches) and the door panels with inserts in silver chrome or high-gloss black (optional).

The rearview is dominated by the striking rear apron with a new diffuser insert, the AMG spoiler lip on the roof spoiler and the two round tailpipes on the left and right.

The slim, two-section rear lights lend an impression of breadth to the GLA’s rear. With design features in high-gloss black, dark-tinted glass from the B-pillar to the rear and black chrome-plated exhaust tailpipes, the optional AMG Night package ensures an even more individual appearance.

Sporty interior with MBUX infotainment system

In the vehicle interior, the high-tech ambience is complemented by the fully-digital displays. Characteristic touches include the seat upholstery in ARTICO man-made leather/DINAMICA microfibre in black with contrasting topstitching in red and red seat belts.

The interior trim with a carbon-fibre structure and the air vents with a red ring provide further highlights. An interior in black/neva white ARTICO man-made leather is also available as standard. There are also four optional leather upholsteries.

The combination of sporty design and sophisticated details is also featured in the MBUX infotainment system with its innovative operating and display concept. Emotively appealing presentations underline the clear control structure and feature brilliant maximum-resolution 3D graphics.

Visually, the two displays under one shared glass cover blend into a Widescreen Cockpit and as a central element consequently emphasise the horizontal orientation of the interior design.

Whether it’s operated with the touchpad, Touch Control buttons on the steering wheel, by voice control or gesture control: the control concept is both versatile and flexible. Thanks to the innovative voice control – activated with the keyword “Hey Mercedes” – the intelligent software recognises and understands practically all commands common in infotainment and vehicle control – even when expressed indirectly.

Fully-digital instrument cluster with AMG-specific displays

The customer can choose between the three AMG display styles “Classic”, “Sport” and “Supersport” for the instrument cluster.

The “Supersport” mode is particularly striking with a central, round rev counter and additional information presented in the form of bars to the left and right of the rev counter: with a three-dimensional perspective, they reach far into the background to an artificial horizon. Via the AMG menu, the driver can call up various special displays such as Warm-up, Set-up, G-Force and Engine Data.

With individual AMG displays such as visualisation of the driving modes or telemetry data, the touchscreen multimedia display likewise underlines the dynamic configuration.

The centre console in a piano-lacquer look finish with standard touchpad has additional buttons that control the functions 3-stage ESP®, manual transmission mode and the AMG RIDE CONTROL suspension with adaptively adjustable damping.

AMG steering wheel generation with optional steering wheel buttons

The multifunction sports steering wheel in Nappa leather ensures first-class ergonomics and intuitive operation. The steering wheel rim with a flat bottom, perforated leather in the grip area and red contrasting topstitching is both attractive and pleasant to the touch. The galvanised steering wheel gearshift paddles allow an even sportier driving style with manual shift operations.

The optional AMG Performance steering wheel and accompanying AMG steering wheel buttons are visibly and tangibly configured for performance. The material is extremely grippy, and like the 12 o’clock marking is reminiscent of motorsport features.

The steering wheel buttons allow fast and confident operation of specific dynamic functions – for a focussed and performance-oriented driving style.

Looking downwards, the brushed stainless steel sports pedals convey a motorsport-like look and functionality. The rubber studs ensure extra grip. The black floor mats with AMG lettering and a nubuck leather-look border emphasise AMG family membership.

Data logger for use on the race track: AMG TRACK PACE

The optional, personal racing engineer AMG TRACK PACE is integrated into the MBUX multimedia system for the specific analysis and improvement of driving skills.

This is assisted by the satellite-based GPS positioning system and data such as lateral and longitudinal acceleration, accelerator and brake pedal position or steering angle. All the values are clearly laid out and can be read off directly in the vehicle.

The data are displayed on the multimedia display, in the instrument cluster and on the optional head-up display.

Well-known race tracks like, for example, the Nürburgring or Spa Francorchamps, are already stored. Furthermore, it is also possible to record your own circuits. The map display can be switched from 2D to 3D and updated online.

The MBUX Augmented Reality function also allows the ideal line of a stored race track to be displayed on the multimedia display or optional head-up display, allowing the driver to improve lap times with a virtual instructor on board.

Reinforced body-in-white with increased torsional stiffness

Specific measures to strengthen the front section of the bodyshell form the basis for the precise turn-in ability and the toe and camber stability of the chassis components, even when driving at speed.

A “shear panel”, a bolted aluminium plate under the engine, increases the torsional stiffness of the front section of the GLA 35. Two additional diagonal braces at the front of the underbody also reduce torsion and increase the stiffness.

Turbocharged four-cylinder engine developing 225 kW (306 hp)

The 2.0-litre four-cylinder turbo engine has an immediate response to accelerator pedal commands, high tractive power (400 Nm max. torque from 3000 rpm), supremely lively response and emotive engine note.

The crankcase made of high-strength, lightweight die-cast aluminium reduces the vehicle weight where it matters most for driving dynamics. A twin-scroll exhaust gas turbocharger is used for turbocharging. It combines optimum responsiveness at low engine speeds with a strong power increase at higher speeds.

The high technological standards of the new four-cylinder engine are also underscored by numerous efficiency-enhancing measures. These include CAMTRONIC variable valve train, intelligent thermal management for coolant and oil, high-precision piezo injectors and multi-spark ignition.

In production, the patented CONICSHAPE® cylinder honing reduces in-engine friction and also increases efficiency.

Agile AMG SPEEDSHIFT DCT 8G dual-clutch transmission

The AMG SPEEDSHIFT DCT 8G dual-clutch transmission also contributes to the agile and dynamic character of the new GLA 35 4MATIC.

The gear ratios have been configured so that the driver experiences very immediate acceleration in all speed ranges, combined with fast shift times and optimum connections during gear changes.

The standard RACE-START function allows maximum acceleration from stationary and is a highly emotively appealing experience. The functions of the AMG SPEEDSHIFT DCT 8G transmission are rounded off with a temporary M mode activated by operating the steering wheel paddle shifters in any drive mode, and with the manual transmission mode “M” for manual gearshifts with the paddle shifters.

AMG Performance 4MATIC variable all-wheel drive

Dynamism, agility and performance – these three attributes characterise the standard all-wheel-drive of the new AMG GLA 35 4MATIC. The variable AMG Performance 4MATIC combines the best possible traction with plenty of driving enjoyment.

The torque distribution is infinitely variable to suit the dynamic handling requirements. The spectrum ranges from front-wheel drive only to a 50:50 percent distribution to the front and rear axles.

A multi-disc clutch integrated into the rear axle differential is responsible for variable torque distribution between the front and rear axles. It is controlled electro-mechanically. The influencing factors for torque distribution are not only the driving speed, the lateral and longitudinal acceleration and the steering angle but also the difference in rotational speed between the individual wheels, the gear selection and the accelerator position.

The main advantages of electro-mechanical control over an electro-hydraulic system relate to more refined driving dynamics – primarily due to the significantly faster response and speed-independent actuation of the discs over the entire adjustment range.

As long as ESP® is activated, the 4MATIC system stays in “Comfort” mode. As soon as the driver presses the “ESP® SPORT Handling” or “ESP® OFF” button, the 4MATIC system switches to “Sport” mode – for even more agile handling and even higher stability limits.

Vehicle characteristics with widespread

The five AMG DYNAMIC SELECT drive programs “Slippery”, “Comfort”, “Sport”, “Sport +” and “Individual” enable a wide range of vehicle characteristics from comfortable to dynamic. They change relevant parameters, such as the response of the engine and transmission.

  • The new “Slippery” drive program is optimised for low-grip, icy road conditions, with reduced power and a flat torque curve. Smooth gear changes and earlier upshifts support the driving impression characterised by stability.
  • The “Comfort” mode stands for comfortable and fuel-efficient driving, for example, hanks to very early upshifts. Suspension and steering are set up for an emphasis on comfort.
  • “Sport” and “Sport+” place the focus on agility and driving fun with a orty engine and transmission tuning.
  • The “Individual” drive mode enables the individual parameters to be selected and saved according to personal preferences. In addition, the gliding function is available with the “Reduced” and “Moderate” drive settings.

AMG DYNAMICS: more agility with high stability

As a new feature in the AMG DYNAMIC SELECT driving modes, the new GLA 35 4MATIC comes with AMG DYNAMICS. This integrated dynamic handling control system extends the stabilising functions of ESP® with agility-enhancing interventions according to the driver’s wishes.

During dynamic cornering, for example, imperceptible braking intervention at the rear inside wheel creates a defined yawing moment about the vertical axis. The effect: the GLA 35 4MATIC steers immediately and very precisely.

The different manifestations of AMG DYNAMICS are called “Basic” and “Advanced”. On the multimedia display, when a drive program is selected, the new AMG DYNAMICS symbol is displayed together with the corresponding additional information.

  • “Basic” is assigned to the “Slippery” and “Comfort” drive modes. In this case, the GLA 35 4MATIC has extremely stable handling with a high level of yaw damping.
  • “Advanced” is activated in the programs “Sport” and “Sport+”. The GLA 35 4MATIC remains neutrally balanced. The lower yaw damping, lower steering angle requirement and enhanced agility support dynamic manoeuvres such as driving on winding country roads.

In the “Individual” drive program the driver can set the AMG DYNAMICS levels individually. Furthermore, the settings for the AMG DYNAMICS stages can also be separately selected via the AMG steering wheel buttons, irrespective of the driving mode.

AMG RIDE CONTROL suspension with specific component parts

The AMG RIDE CONTROL suspension is tuned for high cornering speeds with a low tendency to roll. This allows the dynamic potential of the GLA 35 4MATIC to be fully realised.

The high reserves at the critical limits guarantee sheer driving pleasure – while the vehicle remains safe and predictable at all times. A McPherson suspension strut construction is fitted on the front axle.

The suspension is taken care of by one transverse control arm below the wheel centre, one suspension strut and one tie rod respectively. The special axle geometry reduces torque steer – for high comfort and agile handling.

The aluminium transverse control arm reduces the unsprung masses, allowing a more sensitive response from the springs.

The AMG-specific front steering knuckle has a radially bolted brake calliper – a technology originating from motorsport. The 4-link rear axle is connected rigidly with the body via a rear axle carrier.

Three transverse control arms and a trailing arm are used at each rear wheel, a combination that ensures maximum driving stability and agility.

The AMG RIDE CONTROL adaptive damping system enables the driver to choose between three different suspension control modes. The spectrum ranges from comfort-focused to sporty.

The system operates fully automatically, adapting the damping forces for each wheel according to the driving situation and road conditions.

This happens within milliseconds and is infinitely variable, with a wide spread of damping characteristics. The result is that ride comfort and agility are enhanced in equal measure.

Robust high-performance brake system

The high-performance brake system ensures fade-resistant deceleration and short braking distances. The front axle is fitted with 4-piston monoblock fixed callipers and 350-millimetre brake discs, the rear axle with 1-piston sliding callipers and 330-millimetre brake discs.

The discs are internally ventilated and perforated to better dissipate heat and prevent brake fading, even with extreme use. The silver-painted brake callipers have black AMG lettering.

Steering with special rack and variable ratio

The speed-sensitive, electro-mechanical sports power steering supports a sporty driving style with its direct turn-in ability. It has a special rack with a variable transmission ratio and two characteristic curves: depending on which drive mode the driver has selected, it provides taut and sporty or more comfortable steering feedback.

The steering servo assistance is reduced at high speeds and continuously increases at lower speeds.

This means that comparatively little steering force is required at low speeds, while the best possible control over the vehicle is maintained at high speeds. The rigid mounting in the integral carrier connects the steering even better with the body and thus increases steering precision.

AMG exhaust system with exhaust gas flap for sound modulation

The AMG exhaust system confirms the sporty yet day-to-day character of the new model. Depending on the choice of driving mode, the sound signature ranges from emotive (Sport+) to discreet (Slippery, Comfort, Sport).

The sound characteristics are controlled by an exhaust gas flap, depending on engine speed and load.

Technical data

Mercedes-AMG GLA 35 4MATIC

Engine
Number of cylinders/arrangement 4/in-line
Displacement cc 1991
Rated output kW/hp 225/306
at engine speed rpm 5800
Rated torque Nm 400
at engine speed rpm 3000-4000
Compression ratio 10.0:1
Mixture formation Microprocessor-controlled petrol direct injection, forced induction by twin-scroll turbocharger
Power transmission
Drive AMG Performance 4MATIC variable all-wheel drive
Transmission AMG SPEEDSHIFT DCT 8G dual-clutch transmission
Gear ratios
1st/2nd/3rd/4th/5th/6th/7th/8th gear 17.55/12.32/8.09/5.67/4.12/3.23/2.52/1.81
Reverse 14.75
Suspension
Front axle MacPherson axle with brake torque anti-dive, coil springs, gas-pressure shock absorbers, tubular torsion bar stabiliser
Rear-axle 4-link axle with three transverse control arms and one trailing arm, coil springs, gas-pressure shock absorbers, tubular torsion bar stabiliser
Brake system 4-piston monoblock fixed callipers and 350 x 32

mm brake discs at the front, vented and cross-drilled, single-piston floating callipers and 330 x 22 mm brake discs at the rear, vented and cross-drilled, automatic and manual electric parking brake acting on the rear wheels, ABS, Brake Assist, 3-stage ESP®
Steering Electromechanical, speed-sensitive rack-and-pinion sports power steering with variable steering ratio (14.4:1 in centre position) and two characteristics
Wheels 8 J x 19
Tyres 235/50 ZR 19
Dimensions and weights
Wheelbase mm 2729
Front/rear track mm 1617/1596
Length/width/height mm 4436/1849/1588
Turning circle m 12.17
Boot capacity, VDA Litres 435-1430
Kerb weight acc. to EC kg 1657
Payload kg 533
GVWR kg 2190
Tank capacity/of which reserve Litres 51/5
Performance, consumption, emissions
Acceleration 0-100 km/h Seconds 5.2
Top speed km/h 250 (electronically limited)
Fuel consumption – combined[2] l/100 km 7.5-7.4
CO2 emissions – combined1 g/km 171-170
Emissions class Euro 6d

[1] The stated figures were determined in accordance with the prescribed measuring method. These are the “NEDC CO2 figures according to Art. 2 No. 1 Implementing Regulation (EU) 2017/1153. The fuel consumption figures were calculated based on these figures.

[2] The stated figures are the measured “NEDC CO2 figures” in accordance with Article 2 No. 1 Implementing Regulation (EU) 2017/1153. The fuel consumption figures were calculated based on these figures. A higher figure may apply as the basis for calculating the motor vehicle tax. More information about the vehicles on offer, including the WLTP figures, can be found for each country at www.mercedes-benz.com

Samsung, MTN donates 500 units of Galaxy A2 Core devices to FG (Photos)

Brand Spur
-
0
Samsung, MTN donates 500 units of Galaxy A2 Core devices to FG (Photos)

The Samsung Mobile Nigeria in partnership with MTN Nigeria donated 500 Galaxy A2 Core devices with and 2GB data for 6 months to  Federal Ministry of Health to curb COVID19 infection rate in Nigeria. July 21st, 2020.

The devices will be used by case managers for data capturing and case reporting in the isolation centres across 36 states including the Federal Capital Territory (F.C.T).⁣

The Managing Director, Samsung Nigeria, Mr Caden Yu said,

“This is an essential part of Samsung’s strategy to support Nigeria on its mission to curb the infection rate and flatten the COVID-19 growth curve.⁣ Our thoughts are with every Nigerian and this donation is a way of using our resources to fight this pandemic.”

The items were presented to the government through the Minister of Health, Osagie Ehanire by Adetunji Taiwo, the head of Mobile Samsung West Africa when he led a delegation on a visit to the minister in his office yesterday.

Ehanire, according to a statement by Olujimi Oyetomi, Director, Information, Media & Public Relations of the Federal Ministry of Health, used the opportunity to express appreciation for the contributions made by individuals and organizations in form of donations of Medicines, Personal Protective Equipment’s (PPEs), which include masks, test kits among others to the Federal Ministry of Health for the containment of COVID-19.

Ehanire said daily, “he sat with his team to receive situation reports from states, local governments, treatment centres to see how to review treatments of COVID-19 patients, explaining that part of the challenges they face in doing so, “is the challenge of communication, data reporting, etc,” according to the statement.

He, therefore, revealed that the donation by Samsung and MTN of the sets, SIM Cards and data “comes in useful.”

He expressed appreciation and desired this appreciation to be sent to the headship of Samsung and MTN wherever they are that “Nigeria is very grateful” pledging that “we shall make the best use” of the items and integrating them into whatever that we have to improve service delivery.

1...3,8603,8613,862...5,509Page 3,861 of 5,509