The Federal Government has announced plans to reduce import tariffs on food items and vehicles in a move aimed at easing inflationary pressure and lowering the...
Vehicle imports into Nigeria almost doubled in the first six months of 2025 compared to the same period in 2024, a development linked to improved foreign...
The Federal Government is set to deepen bilateral cooperation with China through the development of electric vehicle (EV) manufacturing plants in Nigeria. This follows a courtesy...
Nigerians are set to experience a sharp increase in the cost of vehicle registration and licensing as the Joint Tax Board (JTB) has approved significant upward...
In a bid to boost the automotive industry, the Nigerian Consumer Credit Corporation (CrediCorp) has partnered with the National Automotive Design and Development Council (NADDC) to...
Volkswagen, Europe’s largest automaker, on Monday announced plans to shut down three factories in Germany to cut costs and improve competition. Daniela Cavallo, Works Council Chief,...
In an effort to slow down Chinese infiltration of the European market with more affordable options, the European Union has hiked tariffs on electric vehicles from...
President Bola Tinubu has approved the use of electric vehicles in the North East region of Nigeria to promote cleaner energy. This was disclosed by the...
The Nigerian Ports Authority (NPA) has reported a drop in vehicle imports from 28,024 units in the first quarter of 2023 to just 10,991 units in...
President Joe Biden is preparing to quadruple tariffs on Chinese electric vehicles (EVs) as part of a broader strategy aimed at safeguarding American workers and industries....