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...
Industry leaders have intensified calls for a comprehensive overhaul of Nigeria’s automotive sector as the country continues to spend an estimated $4.5 billion each year on...
Nigeria’s automotive industry is facing renewed scrutiny following concerns that more than half of the country’s population lacks reliable access to transportation. Industry experts say the...
Nigeria’s passenger vehicle imports rebounded in 2025 amid improved foreign exchange market conditions and renewed confidence among importers. Official trade data shows that the value of...
Nigeria’s two busiest roll-on/roll-off (RoRo) terminals, Ports & Terminal Multipurpose Limited (PTML) and Five Star Logistics, have recorded a historic surge in vehicle importation by handling...
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...
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...
Nigerian vehicle importers may soon face higher costs as the United States prepares to impose a 25% tariff on imported automobiles. US President Donald Trump announced...
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...
Honda Extra Awoof Offer: An Opportunity to Own New Cars Amid Economic Challenges