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Hyundai Reveals Nigeria-assembled Redesigned Sonata for 2018



Hyundai Motors Nigeria
  • Hyundai Reveals Nigeria-assembled Redesigned Sonata for 2018

More than a month before the close of 2017, Nigeria has received the first batch of the 2018 edition of the face-lifted Hyundai Sonata.

The new car was unveiled at the Lagos head office of Hyundai Motors Nigeria Limited, a subsidiary of Stallion Autos, last week with the hope of winning more fans and capturing more market share for the segment.

It is said to have been assembled locally at the Hyundai Motors Nigeria plant in Lagos and equipped with numerous other niceties such as the proximity key with push-button start, power driver’s seat as well as shiftronic gear system with courtesy door lamps.

It is described as a comprehensive makeover of its predecessor that had not seen any major changes since 2015.

According to the automaker, the face-lifted Sonata is an adept family hauler that expresses proficient and distinctive gaze that can attract upwardly mobile executives and well-heeled officials as well as anyone with an eye for specifics.

“Suffice to say, there are indeed, no dull moments with the new Sonata, given the so much likes in the stylish sedan that sits five passengers over long distances with an adaptable room to stretch even when stuck in traffic,” the automaker stated.

Specifically, it states that the new midsized Sonata family sedan is coming with a long list of standard and accessible features even as it integrates a perfect mix of high fuel economy and mileage as well as a rare blend of comfort, cavernous trunk and cabin space.

The Head of Sales and Marketing, Hyundai Motors Nigeria

Mr. Gaurav Vashisht, acknowledged the automaker’s perspective when he told local media at the launch of the new Sonata that almost every exterior element of the car had been reworked, beginning from the forward A-pillars.

“Unlike its predecessor, the front end of the car for instance, has become more muscular, blending with Hyundai’s new cascading grille design with an aggressive lower facia, new headlights and a reshaped hood,” Vashisht said.

He also said Hyundai had thoroughly remodelled the rear side, now incorporating new trunked-lid, taillights and rear bumper with a marginally adapted interior similar to high-end cars’ centre stack though retaining its intuitive layout knobs and controls of higher quality feel and a new three-spoke steering wheel.

“When it comes to delivering everything you would expect from a midsize family sedan, the 2018 Hyundai Sonata does not disappoint. It has a spacious interior with worthy seats and a long list of standard features and well-laid out controls that reassures on smooth ride,” he said.

Hyundai said it had also equipped the new Sonata with rear parking sensors/back warning camera, engine immobilizer and perceptible front grill.

Standard features on both models were given as front wheel drive; a rear lip spoiler; cruise control; full power accessories; tilt-and-telescoping steering wheel; automatic control/rear air-conditioning vents; luxury leather seats and a 60/40 split-folding seatback.


The 2018 Hyundai Sonata is available in six trim levels. But Vashisht said, “Only the Elite SE 2.0-litre and Elite SE 2.4-litre variants, which are already in designated HMNL showrooms, will be marketed locally.”

Both variants are powered by a four-cylinder engine; the 2.0-litre variant is mated to a 157ps @ 6200rpm and the 2.4-Litreis fused to a 171ps @ 6000rpm.

Both models are however paired to a six-speed automatic transmission that raises the EPA fuel economy numbers to 23mpg highway from 22/31mpg.

Technology features

The car comes with Bluetooth connectivity, a CD player, radio, automatic headlights, rearview camera, a five-inch LCD display, USB port and an auxiliary audio input and Hyundai Security System.


Its standard safety features are antilock disc brakes, traction and stability control, front-seat airbags, central locking and keyless entry with Hyundai Security System.

“Hyundai may consider the new Sonata its best yet with sales expected to climb higher up the charts, the car could in the foreseeable feature be pitched against arch rivals Honda Accord, Toyota Camry, Ford Fusion, Mazda 6 and Nissan Altima or so it seems,” the firm said.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm




Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm

JR Firms, an agribusiness firm with headquarters in Nigeria, has announced partnership with Sanit Wing Rwanda through the acquisition of 11 per cent stake in the company.

The CEO of the company, Mr Rotimi Olawale, explained in a statement that the partnership was in furtherance of its goals to ensure food security, create decent jobs and raise the next generation of agrarian leaders in Africa.

The stake was acquired through Green Agribusiness Fund, an initiative of JR Farms designed to invest in youth-led agribusinesses across Africa.

Sanit Wing Rwanda is an agro-processing company that processes avocado oil and cosmetics that are natural, quality, affordable, reliable and viable.

The vision of the company is to become the leading producers of best quality avocado and avocado by-products in Africa by creating value across the avocado value chain.

With focus on bringing together over 20,000 professional Avocado farmers on board and planting of three million avocado trees by 2025 through contract farming, the company currently works with One Acre Fund in supply of avocado to its processing facility.

The products of the company which include avocado oil, skin care (SANTAVO), hair cream and soap are being sold locally and exported to regional market in Kenya.

With the new partnership with JR Farms- the products of the company will enjoy more access to markets focusing on Africa and the European Union by leveraging on partnerships and trade windows available.

Aside funding, the partnership comes with project support in areas of market exposure, capacity building, exposure and other thematic support to grow the business over the next four years.

JR Farms has agribusiness operations in Nigeria, Rwanda, United States and Zambia respectively.

In Nigeria, the company deals in cassava value chain processing cassava to national staple “garri” which is consumed by over 80 million Nigerians on daily basis, while in Rwanda, it works in the coffee value chain with over 4,000 coffee farmers spread across the East Central African country.

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Shut Down Depots Selling Petrol Above Approved Price – Marketers




Shut Down Depots Selling Petrol Above Approved Price – Marketers

The Federal Government should close down depots that are selling petrol above the approved price, oil marketers said on Thursday.

National President, Independent Petroleum Marketers Association of Nigeria, Sanusi Fari, said the sale of petrol above government approved price by depot owners would soon lead to a hike in the commodity’s pump price.

Fari told journalists in Abuja that the government through its agencies such as the Department of State Services and the Department of Petroleum Resources should curb the development to avoid crisis in the downstream oil sector.

He said some private depot owners were selling at N165 per litre to independent marketers, way above the government stipulated price of N148 per litre.

Fari said, “Our challenge is the inconsistency in the pricing of petrol. Up till a week ago, government was still insisting that the February price for petrol remained unchanged.

“And most of the private depot owners are selling above the government stipulated price. As at today ( February 25, 2021) private depot owners are selling at N165 per litre to independent marketers.”

He added, “In the last six years, only NNPC imports refined products into this country and these tank farms buy their products from NNPC under a controlled price.

“This has affected our businesses seriously because government is insisting that we sell at the rate of N165, which is not going to work.”

The IPMAN president said filling station owners buy the product at N165 per litre from the private depots and incur other expenses such as transportation, rent, etc.

“So government cannot expect us to sell less than what we buy,” he said.

Fari added, “This is why we are calling on government and agencies that are saddled with the responsibility to control petrol pricing to urgently clamp down on depots that are selling above the stipulated price.”

The Nigerian National Petroleum Corporation, the country’s sole importer of patrol, recently stated that it never hiked the cost of petrol to depots.

It also enjoined the depot owners to sell the product at the approved rate and called on the DPR to enforce the stipulated price across the depots.

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