VIN PROTEST: 6000 vehicles are trapped at Nigerian Ports, Vehicle Importers Incur N420 Million Demurrage Charges

Owing to the withdrawal of services by clearing agents operating at the Tin Can and PTML, over N480 million may have been incurred by importers as demurrage and storage charges in the last one week,  Shipping Position Daily has reported. It would be recalled that clearing agents operating at the Tin Can and PTML recently…

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NNPC Fails on Promises, Fuel Scarcity Worsens, as Marketers sell above N300/litre

The current fuel crisis being experienced by Nigerians is no42t getting better as pump price at certain petrol situations across the country now ranges between N250 and N500 per litre. As at Monday morning, most petroleum marketers were yet to receive supply of petrol, contrary to the assurance by the Nigerian National Petroleum Company Limited…

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Vitafoam Begins Production of Automobile Oil Filter in Nigeria

Vitaparts Nigeria Limited, a subsidiary of Vitafoam Nigeria Plc, has commenced manufacturing of oil filters for automobiles.  The Company’s Operations Manager, Eghosa Osadolor, in a statement on Wednesday explained that the innovation puts the company as the first to produce oil filters for automobiles in Nigeria. According to Osadolor, the parent company; Vitafoam, had over…

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Bolt, Fixit45 Collaborate to Improve Access to Autocare Services

Fixit45 has partnered with a leading ride-hailing platform, Bolt to provide its community of drivers with access to subscription-based plans that minimize potential mobility disruption and improve their chances of income optimization. This is in light of the pivotal role played by the mobility industry in the general, and ride-hailing segment in accelerating economic growth…

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