Hypocrisy Must Stop. Why Nigerian Leaders Must Ride Nigerian Cars from 2026

MATILDA OWOEYE From the National Assembly to state Government Houses, convoys of brand-new foreign vehicles have become symbols not of leadership, but of hypocrisy. As the Federal Government pushes its Nigeria First agenda, 2026 must become a defining moment: legislators, the Presidency, governors and all government functionaries should buy and ride only Nigerian-made and Nigerian-assembled…

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Auto Industry in 2025: A Market Waiting for Certainty

FEMI OWOEYE Nigeria’s automotive industry entered 2025 weighed down by familiar burdens – policy uncertainty, a fragile manufacturing base, forex volatility and deep infrastructure gaps. For much of the year, the sector seemed trapped in a cycle of stalled reforms and missed opportunities. Yet, as 2025 draws to a close, a long-awaited policy shift has…

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Oil Prices Fall Deepest Since 2020

Oil prices fell on Wednesday and recorded an annual loss of nearly 20%, as expectations of oversupply increased in a year marked by wars, higher tariffs, increased OPEC+ output and sanctions on Russia, Iran and Venezuela. Brent crude futures shed about 19% in 2025, the most substantial annual percentage decline since 2020 and its third…

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