ANNIE ALLEN (UK Bureau Chief) Nissan’s decision to sell its iconic Rosslyn assembly plant in South Africa to Chinese auto giant Chery has brought the curtain down on six decades of vehicle manufacturing in Africa’s most industrialized automotive market, a dramatic development that could create fresh opportunities for Nigeria to attract new investments in vehicle…
The reported breakthrough in negotiations between the United States and Iran and the expected reopening of the Strait of Hormuz have already sent global oil prices tumbling to their lowest levels in months. This is welcome news not only for the world economy but especially for Nigerians who have borne the painful consequences of soaring…
ANNIE ALLEN (UK Bureau Chief) The United Kingdom’s electric vehicle revolution has suffered a jarring setback, exposing the fragile underbelly of a system many assumed was charging full speed ahead. At the centre of the storm is EO Charging, a once-prominent player in the EV infrastructure space, now plunged into administration after months of punishing…
ROTIMI ASHER Soueast’s entry into Nigeria is not just another brand launch. It is a calculated push to redefine how Nigerian’s experience driving. At a combined unveiling and media test drive held on April 15 along the Lagos–Calabar Coastal Road, Kewalram Chanrai Group introduced the Chinese automaker’s SUV lineup-SO9, SO7, SO6 and SO5-anchored on a…
