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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,...

Weststar Appoints First Ever Deputy Managing Director

Weststar Associates Limited, Nigeria’s Authorized General Distributor for Mercedes-Benz, has appointed Mrs Mary Aderinola Ojulari as its first-ever Deputy managing Director.

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Research Report: New Opportunity for Thermal Materials in Auto manufacturing

The automotive market is trending towards greater levels of autonomy with advanced driver-assistance systems (ADAS) becoming increasingly adopted to improve the...

Fuel-saving Solution for trucks (part 1)

The recent DIESEL price increase in Nigeria has caused worries among fleet operators, especially of vehicles running on diesel.

Over 10 People Burnt To Death on Lagos- Ibadan Expressway

By: ROTIMI ASHER Over ten people were burnt to death when two Mazda buses and one other vehicle...

Hyundai IONIQ 5 Electric SUV Receives 2022 TOP SAFETY PICK+

Hyundai’s all-new 2022 IONIQ 5 (built after December 2021) has received an Insurance Institute for Highway Safety (IIHS) 2022 TOP SAFETY...