Motoring - Page 3

Nigeria Fetches $900m From Auto Spare Parts Manufacturing

Mohammed Shosanya Nigerian auto spare parts generate an estimated annual revenue ranging from $500 million to $900 million, though, government has failed to capitalise on this potential,the CEO of BKG

June 10, 2024

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Makinde, Minister Of Trade Unveil New Ride-Hailing Service In Ibadan

Governor ‘Seyi Makinde and the Minister of Industry, Trades and Investment, Adeniyi Adebayo,have launched a new ride-hailing service in Ibadan, the Oyo State capital. Codenamed: ‘AFRICAR’, the ride-hailing service was launched at

August 5, 2022

Motoring

UNILAG, Nord Sign Pact On Auto Assembly

The University of Lagos,has signed a Memorandum of Agreement with an indigenous auto company, Nord Motors, for practical training of willing and qualified students of the school in the act of assembling

July 16, 2022

Motoring

Sanwo-Olu Urges Financial Institutions To Support Nigeria’s Auto Industry

Lagos State Governor,Babajide Sanwo-Olu,has emphasized the need for financial institutions in Nigeria country to support the growth of the automobile industry. He spoke at the commissioning of the GAC Motor Showroom, Workshop

July 8, 2022

Motoring

Exploitation: Abuja Uber, Bolt Drivers Commence Strike

Uber and Bolt e-cab drivers in Abuja under the National Coalition of Ridesharing Professional ( NACORP ) have commenced three day warning strike over alleged exploitation and extortion by e-hailing companies. The

May 31, 2022

Motoring

FCMB Simplifies Vehicle Ownership Mode

First City Monument Bank (FCMB) is now offering auto loans of up to N30 million at a reduced interest rate in its effort yo encourage and simplify vehicle ownership for personal

May 30, 2022

Motoring

NADDC Parleys CBN On Automotive Financing

The National Automotive Design and Development Council (NADDC)has commenced discussions with the Central Bank of Nigeria (CBN) to design robust solutions for automotive financing to make auto purchase affordable for Nigerians, Jelani

May 20, 2022

Motoring

Innoson Considers Production Of Tricycles In Nigeria

Innoson Vehicle Manufacturing company (IVM) is considering production of tricycles in Nigeria in its current effort to expand its portfolio as it pushes for growth. The company explained that it plans to

May 20, 2022

Motoring

Volkswagen,Toyota Will Soon Return To Nigeria -FG

Nigeria is in consultation with multinational auto company to return to Nigeria,the National Automotive Design And Development Council (NADDC). The Director General of NADDC, Jelani Aliyu,who disclosed this in Sokoto,explained that the

May 9, 2022

Motoring

Innoson Explains Expansion Plans

Innoson Vehicles Manufacturing (IVM) has revealed plans to set up another manufacturing plant in Owerri, Imo State. The chairman and Chief Executive Officer of the company, Chief Innocent Chukwuma, disclosed this when

April 2, 2022

Motoring

CIG, Polaris Bank In Auto Financing Deal

CIG Motors, has entered into a partnership agreement with Polaris Bank to make vehicle acquisition and ownership affordable to Nigerians. The scheme: ‘Easy Buy,’ the two companies said is open to all

March 31, 2022

Motoring

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