Nigeria to Make $2b Extra from Oil

[dropcap]A[/dropcap]n agreement that Nigeria signed with joint venture partners on Thursday will increase the nation’s revenue by $2 billion per annum, Minister of State for Petroleum, Dr Ibe Kachikwu, has revealed. According to him, net payments to the Federation Account is expected to double from about seven billion dollars to over 14 billion dollars by 2020….

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Kia Unveils Santa Surprise Promo, Offers Special Discounts and Giveaways for Customers

[dropcap]I[/dropcap]n the spirit of the yuletide season, Kia Motors Nigeria has inaugurated a service promo to reward customers with cash discounts and surprise giveaways, when they bring their cars for after-sales service to its centres across the country. The promo is to reaffirm the brand’s commitment to providing the best affordable and premium services to…

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Ban on Imported Used Vehicles Via Land Borders: Car Dealers Kick

[dropcap]O[/dropcap]ndo State Chapter of the Motor Dealers’ Association has appealed to the Federal Government to have a rethink on the ban on the importation of vehicles through the land borders, saying that it would cause a lot of hardship. Mr Ayodele Owoyemi, the state chairman, disclosed this during an interview with the News Agency of…

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World Oil Prices Hit $58

[dropcap]O[/dropcap]il prices shot up over four per cent to their highest level since 2015 early on Monday after OPEC and other producers over the weekend in Vienna reached first output cut deal since 2001. They jointly reduced output in order to rein in oversupply and prop up the market. Brent sweet crude futures, the international…

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