Dangote Bids for Ownership of Peugeot Nigeria

Africa’s richest man, Alhaji Aliyu Dangote, has submitted a bid for part ownership of Peugeot Automobile Nigeria. As disclosed on Thursday by Kano State governor, Nasir El-Rufai, Dangote’s bid was made jointly with two Northern States’ (Kaduna and Kebbi) as well as Bank of Industries. According to governor El-Rufai, Dangote, and co-bidders are asking for…

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Toyota Reveals First Vehicle Assembled in Nigeria

[dropcap]H[/dropcap]istory was made last week, as Toyota Nigeria Limited revealed first vehicle that rolled out of its newly built multi-million dollars Assembly plant located at Ikotun, Lagos. The vehicle, a Toyota Hiace, was revealed to Motoring Journalists on Tuesday after a press briefing held at the company’s headquarters in Lekki. In his address, the Managing…

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Boulos to Stop Representing Piaggio India

By: ROTIMI ASHER [dropcap]B[/dropcap]oulos Enterprises Limited has resolved to soon wind down and stop representing Piaggio India, a brand it has successfully established in Nigeria for over six years. The company’s General Manager, Sales and Marketing, Mr Stanley Evans, who revealed the plan exclusively to Motoring World International on Friday, said the move became necessary,…

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Toyota Nigeria Recalls 900 RAV4 Vehicles

[dropcap]T[/dropcap]oyota Nigeria Limited (TNL) has announced a safety recall of about 900 Model Year 2006-2012 RAV4 vehicles sold into the Nigerian market. The company’s Mnaging Director, Mr. Kunle Ade-Ojo made the announcement, on Tuesday, during a press briefing held at the TNL’s headquarters, Lekki, Lagos. According to him, with the recall, Toyota is reacting to…

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