₦100,000 Fine? Then Put Cameras on Every FRSC Marshal!

Kickstarter with : FEMI OWOEYE The Senate has done something many Nigerians never thought they would see—it has finally proposed penalties that may actually make reckless motorists think twice before breaking traffic laws. For years, Nigeria’s traffic fines have been laughably low. A motorist could speed recklessly, jump traffic lights or even drive under the…

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Buying a Car? Read This First

Why a Nigeria-assembled vehicle may be your smartest investment; and what you must know before choosing between new, Tokunbo, Nigerian-used or dealer demo models. MIRIAM LAWAL Buying a vehicle is one of the biggest financial decisions most Nigerians will ever make. Yet, many buyers make the mistake of focusing almost entirely on the purchase price…

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Middle East Tensions Push Fuel Prices Above $4 as Oil Market Swings on Iran Talks

ANNIE ALLEN (UK Bureau Chief) Global oil prices whipsawed on Monday as hopes of renewed diplomatic engagement between the United States and Iran briefly eased fears of supply disruptions, even as escalating hostilities in the Middle East continued to rattle energy markets and drive fuel prices higher. Brent crude initially surged to a more than…

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EV Prices Crash as Battery Costs Plunge, But Buyers Pay More for Bigger Electric Cars

ANNIE ALLEN Electric vehicles are becoming significantly cheaper to build, but many buyers are still paying more at the dealership as manufacturers increasingly shift their focus to larger, more expensive models. This is the key finding of a new study by the International Council on Clean Transportation (ICCT) and Germany’s Fraunhofer Institute for Systems and…

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