Spiro, Africa’s largest EV player enters Nigeria, continent’s biggest economy
Post AMUGE
April 24, 2024
Business a.m. Reporter With more than 13,000 electric motorbikes already deployed, Spiro, Africa’s largest electric vehicle has made a landmark expansion into Nigeria, marking a pivotal period in the electric mobility landscape of Africa’s largest economy. The expansion will see Spiro in up to eight of Nigeria’s major towns, beginning with Abeokuta (in Ogun State), […]
FG releases list of transport companies,routes eligible for 50% transport subsidy
Post AMUGEDecember 21, 2023
Joy Agwunobi The Federal Government of Nigeria has published a list of routes and transportation companies that will be eligible for the 50 per cent transport subsidy announced by President Tinubu. The subsidy will be in effect from December 21, 2023 to January 4, 2024, and will apply to travelers using the government railway and […]
Toyota Nigeria, global partners launch new vehicle products
Post AMUGEDecember 12, 2023
Mike Ochonma L-R:Fadi Medlej, business territory director for Central East Europe,Turkey, Middle East and Africa at Axalta Coating Systems; Kunle Ade-Ojo, managing director, Toyota Nigeria Limited;Anand Ramachandra,business manager, Refinish Systems, Middle East & Sub-Sahara, Axalta Coating Systems; and Tamirat Yigzaw,sales excellence manager, CEMA Region, Mirka Limited, at the launch of vehicle enhancement products by TNL […]
Airbus, BMW launch global Quantum Computing quest for transport solutions
Post AMUGEDecember 11, 2023
Sade Williams/Business a.m. Airbus and BMW Group have launched a global Quantum Computing Challenge titled “The Quantum Mobility Quest” to tackle the most pressing challenges in aviation and automotive that have remained insurmountable for classical computers. This challenge is the first-of-its-kind and it brings together two global industry leaders to harness quantum technologies for real-world […]
LCCI holds symposium on Nigeria’s fledging automotive industry
Mike OchomaNovember 27, 2023
Mike Ochonma All is now set for this year’s symposium organized by the Auto & Allied sub-Sectoral Group of the Lagos Chamber of Commerce and Industry (LCCI). The symposium slated to hold on November 30, 2023 with the Theme; The Auto & Allied Sector, Present-Day Realities In Nigeria, inside the LCCI Commerce House, Victoria Island, […]
NADDC, local assemblers chart course on Nigeria auto industry
Mke OchonmaNovember 23, 2023
….minister calls.on stakeholders to think global Mke Ochonma In line with the mandate of the National Automotive Design and Development Council NADDC, to reposition and strengthen the local automotive industry as one of the leading auto manufacturing nations of the world, the NADDC and major auto makers met this week at Radisson Blu Hotel Ikeja […]
Railway staff loses job over ticket racketeering
Mike OchomaNovember 23, 2023
Mike Ochoma Authorities of the Nigeria Railway Corporation (NRC) says it has fired and punished a number of staff involved in ticket racketeering. Fidet Okhiria, managing director of the NRC, stated this on Wednesday during an interactive session organized by the House of Representatives Committee on Finance on the 2024-2026 Medium-Term Expenditure Framework and Fiscal […]
Toyota plans Crown Signia as Venza replacement in 2024
Mike OchonmaNovember 21, 2023
Toyota will be waving off the Toyota Venza after the launch of the 2024 model. The brand notes that the vehicle will be discontinued to introduce a new one the Toyota Crown Signia, a hybrid SUV that will take over from the Venza. The two vehicles occupy nearly the same slice of an already thin […]
Foreign airlines’ funds trapped in Nigeria, others reach record high $1.68bn
Business a.m.November 21, 2023
Business a.m The International Air Transport Association (IATA), has confirmed that blocked funds by foreign carriers operating in Nigeria and other parts of Africa have reached over $1.68 billion. Kamil Alawadhi, regional vice president for Africa and the Middle East made this known at the opening of the African Airlines Association’s (AFRAA) annual general assembly […]
Kia EV6 GT named amongst best inventions of 2023
Mike OchonmaNovember 20, 2023
Mike Ochonma ln Dubai, United Arab Emirates, the Kia EV6 GT was recognized amongst the TIME Best Inventions of 2023 within the Transportation category. The annual list, which has been compiled for over two decades, features 200 extraordinary innovations, including new products and ideas, that TIME editors have identified as “changing our lives.” The EV6 […]