Chery’s Europe Factory Hunt Gains Pace…with Nigeria in the Global Play

ANNIE ALLEN China’s biggest car exporter, Chery Automobile, is ramping up its European offensive with a smart, capital-light strategy, take over existing factory capacity instead of building new plants from scratch. At a high-profile event in Paris, executives confirmed the company is actively seeking partnerships with European automakers to unlock idle production lines and fast-track…

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FG Slashes Car Import Duties, Triggers a Market Earthquake

FEMI OWOEYE In a dramatic policy twist that is already sending shockwaves through Nigeria’s automotive ecosystem, the Federal Government has slashed import duties on vehicles; but industry insiders warn the move may be a double-edged sword with far-reaching consequences. Effective April 1, 2026, the sweeping fiscal overhaul, signed by Finance Minister Wale Edun, marks a…

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Coastal Highway Storm: Tracka Calls Out FG Silence Over Multi-Billion Project

A fresh storm is brewing around Nigeria’s ambitious Lagos-Calabar Coastal Highway, as civic watchdog Tracka accuses the Federal Government of stonewalling critical transparency requests on the high-profile project. More than a month after filing a Freedom of Information (FOI) request, the BudgIT-backed group says it has been met with what it describes as “deafening silence”…

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Auto Industry Earthquake: NADDC Unleashes Sweeping Dealership Reforms to Flush Out Illegal Operators

MATILDA OWOEYE Nigeria’s automotive sector is bracing for a major upheaval following the launch of a sweeping regulatory framework by the National Automotive Design and Development Council (NADDC), a move that could fundamentally reshape how vehicle dealerships operate across the country. At a high-profile event in Abuja on April 10, 2026, the Council officially introduced…

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