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NADDC in Talks with CBN over Automotive Financing – Jelani

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

Nigerian Firm to Mine Lithium for Electric Vehicle Manufacturing

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

Nigerian Firm Develops Vehicle Number Plate Verification Solution

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

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

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

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

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

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

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

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

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

Truck Driver Kidnapped Following Refusal to Yield to Extortion

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

Transportation Ministry Tasks Company on Local Content

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

Nigerian Government Reduces Import Duty On pickup vehicles

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

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

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

Nigeria Holds About 42.74 Billion Metric Tonnes of Bitumen Reserves

By: ROTIMI ASHER Estimated to be the sixth largest in the world but has not yet been exploited,...

Most Read

Is MG HS a Threat to its Rivals in Nigeria?

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

Ford Trucks Find Home in Nigeria

Ford Trucks have found a home in the Heavy Duty Commercial Vehicle (HDCV) sector of the Nigerian economy.

Road test: How it Feels Driving the Latest N170m Range Rover…And Our Verdict

By: FEMI OWOEYE (Editor, Motoring World International) The latest Range Rover is officially in Nigeria. After its recent...

Top-of-the-Line Safety for Kia, Mercedes-Benz, VW, Volvo

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,...