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Shell, BP Halt Spot German Diesel Sales on Scarcity Fears

Oil majors BP and Shell have not offered spot diesel cargoes for sale on the German market for the last two weeks, for fear...

IGP Orders Police Stations to Release Impounded Vehicles to Owners

Usman Baba, the inspector-general of police (IGP), has ordered the immediate release of all impounded vehicles at police stations to their owners on bond. Olumuyiwa...

VIN: Nigerian Auto Dealers Get One Month to Clear Vehicles – Customs

The Nigeria Customs Service has approved a month's grace for the clearance of a backlog of vehicles following a recent Customs/Stakeholders town hall meeting...

Fuel Price to Rise Further, as Biden Bans Russia Oil Imports to US

U.S. President Joe Biden on Tuesday imposed an immediate ban on Russian oil and other energy imports in retaliation for the invasion of Ukraine,...

U.S. Bans Russian Crude, Britain Faze Them Out

Oil prices rose 5% on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year-end,...

NNPC Releases Additional 381.8 Million Litres of Fuel, as Scarcity Persists

The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited that it...

How Dangote Refinery Will Fix Nigeria’s Oil Volatility- Mansur

Dangote Group’s Executive Director and President of Manufacturing Association of Nigeria (MAN), Mansur Ahmed, has assured Nigerians that the upcoming Dangote Petroleum Refinery would...

Japan in Talks with US, Europe over Banning Russian Oil Imports

Japan, which counts Russia as its fifth-biggest supplier of crude oil, is in discussion with the United States and European countries about possibly banning...

How BOVAS Manager Sabotages FG Efforts to end Fuel Scarcity

By: OUR CORRESPONDENT To most Nigerians, one organization that is unlikely to make the list of the nation's corporate economic saboteurs or perpetrators of misery...

Lagos Parking Authority Lists out Violations, Offences

The newly created Lagos State Parking Authority (LASPA) has rolled out its plans towards tackling indiscriminate parking by vehicle owners on the streets of...

Nigeria Customs Suspends Vehicle Identification Number Valuation

The management of the Nigeria Customs Service (NCS) has bowed to pressure by suspending the controversial Vehicle Identification Number (VIN) valuation policy that was...

Most Read

Chery Paints Lagos Red with Roadshow, Celebrates Creativity

Chery, the renowned automotive brand synonymous with innovation and elegance, delighted Lagosians with a mesmerizing roadshow on April 26th, 2024. The event, featuring a captivating...

First Ever Heavy Truck Safety Rating Tests Revealed

Euro NCAP has officially announced a major milestone in the development towards a Truck Safe rating scheme. To this end, at NCAP24, in front of...

FG Makes Case for Vehicle Component Manufacturing

As part of the ongoing efforts towards reviving the nation’s auto industry, the Federal government has stressed the need to restart automotive component manufacturing...

Electric Cars Rule Auto Show

China's largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's...