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Month: December 2015

Petrol to Sell for N86 from Jan 1

Motorists yesterday got a New Year present. Petrol is to sell for N86 per litre at Nigeria National Petroleum Corporation (NNPC) outlets. Others will sell at N86.50k as against the present N87 per litre. The Petroleum Products Pricing Regulatory Agency (PPPRA) said the prices would run from January 1 till March 31, under a revised pricing template. PPPRA Executive Secretary  Farouk Ahmed br ...

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Ford to Invest $4.5bn in Electrified Vehicle Solutions

Ford is investing an additional $4.5 billion in electrified vehicle solutions by 2020 as well as changing how the company develops vehicle experiences for customers – all to make people’s lives better by changing the way the world moves. Ford is adding 13 new electrified vehicles to its portfolio by 2020, when more than 40 per cent of the company’s global nameplates will come in electrified versions ...

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FRSC: Road Crashes Reduced by 33 Per cent During Chrismas

The Federal Road Safety Commission (FRSC), has said that road crashes across the country was reduced by 33 per cent during the Christmas period. This is contained in a statement signed by Mr Bisi Kazeem, Head, Media Relations and Strategy in the commission and made available to the News Agency of Nigeria (NAN) on Monday in Abuja. He said that the reduction was a “testimony to the robust effort ...

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Mymotoshield, Cornerstone Insurance Partner on Vehicle Repairs

MYMOTO XE, a brand of RiverMews Limited, has entered into strategic partnership with Cornerstone Insurance, one of the leading insurance companies in the country to provide quality after sales services to owners of both used and brand new cars. Under the partnership, Mymoto will be providing a cover called Mymotoshield, a vehicle repair contract or extended warranty that covers the cost of parts and ...

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‘Charms Don’t Prevent Accidents’

‘Charms Don’t Prevent Accidents’ THE Ogun State Coordinator, Federal Road Safety Corps’ (FRSC) Special Marshal and Partnership (SMP), Elder Emmanuel Fagbenro, has urged motorists to stop believing in the efficacy of charms while driving. He advised them against the erroneous belief that road crashes during the “ember” months are either spiritual or caused by evil spirits. Elder Fagbenro spoke ...

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Porsche Records 25 Percent Sales Increase

D Ing. h.c. F. Porsche AG has delivered 209,894 cars worldwide from January to November 2015. This corresponds to a 24 percent increase in comparison to the same period in 2014. Thus, for the first time in the history of the company, Porsche has handed over to customers more than 200,000 vehicles. Last year, the Stuttgart-based sports car maker set a record with a total of 189,849 deliveries globall ...

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Tata Promises Improved Service, Sets Up Plant

TATA International has promise to give Nigerian improved services in 2016. The company admitted that it had not done enough in terms of growing network across the country. Tata International has been present in Nigeria since 2006 as the distributors of Tata Motors Commercial vehicles. In these nine years, they have sold more than 6,000 vehicles capturing a 15 per cent market share in the segments th ...

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PAN Unveils New Peugeot 508 in Abuja

PAN Nigeria Ltd, will today at the NAF Conference Centre and Suites, Ahmadu Bello Way, Abuja unveil the all new Peugeot 508 for 2016. The all new Peugeot 508 to be unveiled was assembled at PAN assembly plant in Kaduna. It is equipped with array of features like never before including alloy wheels, leather steering wheel, leather seats, front and rear parking sensors, a reverse camera, rain sensor, ...

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Court Orders Lagos Traffic Offenders to Forfeit Vehicles

The Lagos State Environmental and Special Offences Court sitting in Ogba yesterday convicted six traffic offenders arrested by the convoy of Governor Akinwunmi Ambode in Ijora-Olopa area of the state on Wednesday while driving against traffic. Those arrested and convicted include Mrs. Adejoke Elemoro, Mr. Ogunlana Olatunji, Mr. Ganiyu Ayokuleyin, Mr. Ogunade Segun, Mr. Akinlabi Ahmed and Mr. Sund ...

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Stallion Parades Elegance of Chinese Vehicle in Drive Experience

With the objective of showcasing the drive capacities, strength and the sophistication in its range of Chinese vehicles, which are locally assembled in Nigeria, Zahav Automobile, a division of Stallion Motors over the weekend hosted a test drive of the vehicles in Lagos. Ranging from its 1.5 litre Baic S3 DVVT, 1.5litre Baic M20 (aka Kembo), the 1.5 tonne Mitsubishi engine powered Foton Tunland p ...

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