FEMI OWOEYE As economic pressures continue to squeeze Nigerian households, the search for cheaper cars online is growing rapidly. But behind some of the attractive prices and seemingly genuine vehicle adverts lurks a dangerous new threat: AI-powered car scams capable of wiping out a buyer’s savings in minutes. Fraudsters are becoming increasingly sophisticated, using artificial…
LAOLU OWOEYE Carloha Nigeria has introduced another Chinese electric vehicle, the Chery Q, into the Nigerian market, adding fresh momentum to the country’s rapidly emerging electric mobility landscape. The new compact hatchback, introduced by Carloha Nigeria, the official franchise holder and assembler of Chery vehicles in Nigeria, is aimed at motorists seeking a combination of…
ANNIE ALLEN (UK Bureau Chief) Oil prices climbed to their highest level in nearly four weeks on Wednesday as escalating Middle East tensions and slowing traffic through the strategic Strait of Hormuz raised fresh fears of a global supply shock. Brent crude settled 60 cents higher at $91.62 a barrel, gaining 0.7%, while U.S. West…
Nigeria’s accelerating shift towards cheaper and cleaner automotive fuels is creating a new opportunity for young Nigerians, as the National Automotive Design and Development Council (NADDC) and the National Youth Service Corps (NYSC) have launched the technical phase of a major CNG vehicle retrofitting training programme. The initiative, being implemented under the NYSC Skills Acquisition…
