NAIDP Law, Key to Revival of Nigeria’s Auto Industry – Mamudu

The long awaited legislation to back the Nigeria Auto Industry Development Plan (NAIDP) is key to fast track the development of the local auto industry. The Chief Executive Officer, Transtech, Mr Luqman Mamudu, made this observation at the maiden edition of the Nigeria Auto Industry Summit on Thursday in Lagos. The summit organised by the…

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Carloha Nigeria Launches Chery Showroom at Ikeja City Mall, Lagos

Enthusiasts are in for another spectacular automotive event, as Carloha Nigeria concludes plans to open a Chery Showroom at Ikeja City Mall on Thursday, July 4, 2024. This landmark event, according to the company in a media statement released on Monday, promises to be a spectacular celebration of innovation, style, and automotive excellence. It promises…

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Autochek, VFD Microfinance Bank Empowers Women Entrepreneurs through Auto Finance

In Nigeria’s vibrant entrepreneurial landscape, women are emerging as powerful drivers of economic growth, breaking barriers and establishing successful ventures across diverse sectors. As they navigate their entrepreneurial journeys, securing reliable and affordable transportation often becomes a crucial need.  Yet, these enterprising women often face formidable challenges, particularly in accessing auto financing. The growing global…

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Auto Industry Growth: Minister, NADDC, NAMA, Others Harp on Legal Framework, Infrastructure, Others

Nigeria’s auto industry stakeholders and experts have stressed the need for unambiguous legal framework and sustained infrastructure development as part of measures to tackle critical issues affecting the sector. Speaking at the maiden edition of Nigeria Auto Industry Summit (NAISU), held in Lagos on Thursday, the stakeholders urged the Federal Government to create an enabling…

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