…As New Vehicle Sales Drop by 48% FEMI OWOEYE [dropcap]T[/dropcap]oyota Nigeria Limited (TNL) plans to increase its share of total new vehicle sales in Nigeria to about 24% by the end of 2017.The company’s Managing Director, Mr. Kunle Ade-Ojo, dropped the hint during its quarterly press briefing held at TNL’s Lekki-Lagos head office on Thursday…
Independent petroleum marketers in Lagos State have threatened to withdraw their services from Dec. 11 over NNPC’s breach of bulk purchase agreement to sell fuel to them at N133.28k per litre. The Independent Petroleum Marketers Association of Nigeria (IPMAN), Lagos State Chapter, on Wednesday said it was set for a showdown with NNPC over irregular…
Nigeria’s state oil firm is looking to set up a $3.5-$5 billion cash-for-crude prepayment with some of the world’s top commodity traders to fund oil and gas upstream projects as well as related infrastructure, sources with direct knowledge of the matter said. Africa’s biggest oil producer and OPEC member was hit hard by the sharp…
…Safety, Comfort Of Lagosians Remain My Priority, Says Ambode Lagos State of Nigeria has perfected plans to acquire Intelligence Surveillance and Reconnaissance (ISR) platform, which is a specialized light aircraft, to secure creeks and riverine communities in the State. Lagos State Governor, Mr Akinwunmi Ambode, who gave the hint at Lagos House in Alausa, Ikeja…
