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NADDC in Talks with CBN over Automotive Financing – Jelani

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The Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu says the council is already in talks...
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Nigeria

Nigerian Firm to Mine Lithium for Electric Vehicle Manufacturing

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BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate, is eyeing the mining of lithium, a...
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Nigeria

Nigerian Firm Develops Vehicle Number Plate Verification Solution

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A digital identification and consumer analytics technology business, known as Verify-Me Nigeria, has developed a digital plate number verification solution that...
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Nigeria

CFAO Motors launches LOXEA Nigeria to Provide Operating Lease, Fleet Management Solutions 

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CFAO Motors, a subsidiary of the CFAO group, the largest automotive distribution network in Africa with over 158 subsidiaries, recently launched...
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Nigeria

Private Sector Invests N500bn in Nigeria’s Auto Industry – NADDC

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Nigeria’s automotive industry has attracted over N500 billion from private investors, The Director-General (DG) of National Automotive...
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Nigeria

US-based Freight Forwarders Seek Review of Vehicle Import Duties in Nigeria

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Two Nigerian freight forwarders operating in Houston, Texas, United States, have appealed to the Federal Government and the Nigeria Customs Service...
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Nigeria

Confusion over 15% levy: Again, Clearing Agents Abandon Vehicles at Nigerian Port

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Clearing agents have again abandoned vehicle clearance at the Tincan Island Port, Lagos State, due to confusion over the 15 per...
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Nigeria

Truck Driver Kidnapped Following Refusal to Yield to Extortion

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The Council of Maritime Truck Union and Associations (COMTUA) has alleged that thugs around Amuwo Odofin Local government Area of Lagos...
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Nigeria

Transportation Ministry Tasks Company on Local Content

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The Permanent Secretary, Ministry of Transportation, Dr Magdalene Ajani, has urged the Lagos Deep Offshore Logistics Base (LADOL), to promote local...
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Nigeria

Nigerian Government Reduces Import Duty On pickup vehicles

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The Federal Ministry of Finance, Budget and National Planning has approved implementation of the ECOWAS Common External Tariff (CET) 2022-2026 which...
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Nigeria

Pay-As-You-Go Tractor Financing Launched In Nigeria

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Heifer International and Hello Tractor have launched pay-as-you-go tractor financing for Nigerian farmers who find it impossible to get credit through...
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Nigeria

Nigeria Holds About 42.74 Billion Metric Tonnes of Bitumen Reserves

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By: ROTIMI ASHER Estimated to be the sixth largest in the world but has not yet been exploited,...
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Is MG HS a Threat to its Rivals in Nigeria?

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From all indications, MG HS has been attracting curiosity and positive attention across Nigeria. According to Anurag Shah,...
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Ford Trucks Find Home in Nigeria

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Ford Trucks have found a home in the Heavy Duty Commercial Vehicle (HDCV) sector of the Nigerian economy.
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Road test: How it Feels Driving the Latest N170m Range Rover…And Our Verdict

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By: FEMI OWOEYE (Editor, Motoring World International) The latest Range Rover is officially in Nigeria. After its recent...
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Top-of-the-Line Safety for Kia, Mercedes-Benz, VW, Volvo

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Euro NCAP, on Thursday, published its third round of safety results for 2022. The KIA EV6 and the Mercedes C-Class, both large family cars,...
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