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…
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…
FEMI OWOEYE Motorists who ignore traffic lights, exceed speed limits or drive under the influence of alcohol may soon face a hefty ₦100,000 fine under a new amendment to the Federal Road Safety Corps (FRSC) Act passed by the Senate. The proposed legislation, aimed at tightening road safety enforcement across the country, significantly raises penalties…
FEMI OWOEYE The Federal Government has stepped up its campaign to build Nigeria’s next generation of automotive technicians with the commissioning of a state-of-the-art National Automotive Design and Development Council (NADDC) Automotive Training Centre in Birnin Kebbi and the graduation of 100 newly trained automotive professionals. The latest facility, commissioned on Thursday, is the 24th…
