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Lagos: FRSC Begins Operation Show Your Driver’s Licences Today

The Federal Road Safety Corps (FRSC) in Lagos State will on Monday start ‘Operation Show Your Driver’s Licence and Vehicle licence phase II’...

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BMW Lifts 2021 Annual Profit Forecast To 9.5%-10.5%

The management of BMW AG has lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9%.    The company in a...

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Accidents Claim 137 In FCT

The Federal Road Safety Corps (FRSC), Federal Capital Territory (FCT) Sector Command, says road accidents claimed 137 lives in the past nine months. ...

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FG Hikes Vehicle Number Plate, Driving Licence Rates By 50%

The Federal Government has commenced the implementation of new rates for vehicle number plates and driving licence across the country. According to the...

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Hyundai To Invest $7.4b In Electric Cars, Expansion

South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric...

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Nissan Profit Down By 70%

Nissan Motor Company has reported 70% drop in profit. The company has also cut its full-year outlook to an 11-year low, as the...

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Toyota Votes $243.29m For New Expansion

Toyota Motor Corp on Thursday announced a 1 billion reais ($243.29 million) expansion at a plant in the Brazilian state of Sao Paulo,...

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Innoson Joins Competition In Pick Up Segment

Innoson has joined ongoing competition in the Pick-Up segment in the Nigerian market.The company recently supplied 100 units to the Enugu state government ...

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