Naira Appreciates to N1,421 per Dollar
The Nigerian Naira shows mixed performance, appreciating slightly against the US Dollar, British Pound, and Euro in the official market. Experts project 2026 outlook.
The Nigerian Naira shows mixed performance, appreciating slightly against the US Dollar, British Pound, and Euro in the official market. Experts project 2026 outlook.
Nigerian car dealers report a sharp drop in petrol car sales. The industry is now exploring electric and gas-powered vehicles as the future, despite infrastructure challenges. Read more.
Nigeria's naira shows a split performance as the official rate gains to ₦1,423.17 per dollar while the parallel market weakens to ₦1,480. Discover the causes and implications of the widening exchange rate gap.
Nigeria's 2026 budget proposal reveals a 135% spike in presidential vehicle costs to N11.25bn and N2.5bn for stationery, clashing with digitalisation goals. Analysis shows elite comfort prioritized over fiscal prudence amid revenue uncertainty.
Senator Natasha Akpoti-Uduaghan announces the resumption of the Electric Motor Vehicles programme in Kogi Central after completing CAC registration and technician training. The initiative aims to empower youths and women.
Senator Natasha Akpoti-Uduaghan confirms the resumption of the Electric Motor Vehicles programme in Kogi Central after ensuring full regulatory compliance. Training for dozens of beneficiaries has commenced.
Nigeria Customs Service introduces a temporary import scheme for personal vehicles, allowing duty-free entry for up to 90 days for tourists and business visitors. Learn the rules and required documents.
Nigeria sees a 400% rise in electric vehicle use since 2020. LUG West Africa plans 250 EV charging stations in Lagos and a local assembly plant, leveraging solar power. Read more.
LUG West Africa announces a major push for electric vehicles in Lagos, with 250 charging points and a local assembly plant set for 2026, boosting jobs and clean energy.
Nigeria's Head of Service announces a complete digital shift. Over 100,000 GovMail accounts created. Citizens must now email scanned documents. Discover the new tracking system.
The CDCFIB warns job seekers about a fake notice for the 2025 recruitment. Official updates will only be on verified channels. Stay alert to avoid scams.
Tin Can Island Port Customs generated N1.57 trillion, exceeding its annual target by N51.8 billion, driven by a surge in used vehicle imports. Read the full report on the revenue feat.
Benin Republic submits official complaint to CAF after a VAR malfunction denied them a crucial penalty in their 1-0 AFCON 2025 defeat to DR Congo. Get the full story and reactions.
FRSC clears major gridlock on Lokoja highway by removing broken-down trucks. Joint operation with police restores traffic flow for festive travellers. Motorists urged to maintain lane discipline.
The Federal Government urges Nigerians to buy locally-made new cars, not imported used vehicles. Elizade JAC reveals a 2026 strategy for affordable pricing and warranties to disrupt the auto market.
President Bola Tinubu has commissioned 3,620 electric vehicles and new schools in Borno State, boosting transport and education. Read about this major infrastructure milestone.
Suleiman Yusuf, CEO of Bankrol Camel EV, states that scaling electric vehicle adoption in Nigeria requires massive investment in renewable energy and charging networks. Learn about the plans unveiled at the Abuja EV Fair.
Alpha and Roadrunner unveil electric passenger and cargo tricycles in Abuja. The initiative, featuring a lease-to-own model, aims to cut emissions and boost operator income. #GreenTransport #Nigeria
Netflix partners with FIFA to release an official football simulation game in 2026, available at no extra cost to subscribers via Netflix Games. Get ready for the biggest World Cup yet!
Volkswagen halts production at its Dresden 'Transparent Factory,' marking the first German plant closure in its 88-year history. The site will pivot to AI and chip research. Read more.
The EU is poised to abandon its 2035 ban on new petrol and diesel cars, replacing it with a 90% emission cut target. This major shift aims to support Europe's carmakers facing Chinese competition and slow EV adoption.
Cross River Police Command intercepts stolen vehicles, dismantles criminal hideouts, and boosts surveillance in riverine areas. CP Rashid Bello and NUJ pledge collaboration to maintain state's peace.
Peter Obi criticises President Tinubu's distribution of luxury vehicles for 2027 election mobilisation as 'profound insensitivity' amid Nigeria's economic hardship. Read the full details.
Fresh instability hits Nigeria's forex market as the naira weakens on the parallel market, widening the gap with official rates despite rising external reserves. Get the latest data and analysis.
FCT Police Command has smashed an armed robbery syndicate, arresting four suspects and recovering six stolen vehicles and over ₦15 million in cash. Read the full details of the operation.
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
Discover how 'rare earth' metals from China power everything from smartphones to fighter jets. As the EU plans to boost production, learn why these elements are a global strategic chip.
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
Rivers State Police Command arrests two suspected car thieves, recovers stolen Toyota Hilux. CP Adepoju commends operatives, urges public cooperation in fighting crime.
China leverages electric vehicle expertise to lead flying car revolution. Learn how EV technology and government support position China ahead in the $41 billion low-altitude economy race.