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Tag: Forex

Unavailability of Forex is Killing Businesses in Nigeria, says Tyre Importer

The federal government has been accused of causing hardship for businesses in Nigeria by allegedly refusing to release FOREX to importers. Chief Israel Ezue,...

Nigeria Auto Industry Groans Under Forex Scarcity

...Stakeholders Call for FG Intervention Current scarcity of foreign exchange (FOREX) is taking heavy toll on Nigeria's fledgling automobile industry, as auto assemblers...

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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...

Nissan, Mazda Mull Comeback, Roll Out New Models for China

Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday, signalling a fresh push by Japanese automakers to regain ground in the...