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Toyota Stakes $1 billion on Artificial Intelligence

Following a pledge of about $50 million investment on joint research centres at MIT and Stanford earlier this year, Toyota has announced its intention to establish an artificial intelligence research company, Toyota Research Institute (TRI), and is seeding it with a initial investment of $1 billion to be spent over the next five years. TRI will be based in Palo Alto near Stanford University, with ...

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NLC Urges Buhari to End Fuel Scarcity

The Nigeria Labour Congress (NLC) has urged President Muhammadu Buhari administration to take urgent steps to stop fuel scarcity. It said no group or cartel, no matter how powerful, should be allowed to arm-twist government into doing its bidding. The NLC President, Ayuba Wabba, in a statement entitled: “Fuel Scarcity: Mr. President, Please Stop Mass Suffering of Nigerians”, said a situation w ...

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Five Killed in Multiple Road Crashes

Five persons were killed and several others injured yesterday in multiple crashes on the Lagos/Abeokuta Expressway. Properties worth millions of naira were also destroyed in the accidents which occurred near the former toll gate close to Sango-Ota in Ogun State. Ota Unit Commander of the Federal Road Safety Corps (FRSC) Leye Adegboyega appealed to motorists to be disciplined while on the wheel ...

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Yamaha Returns to Nigeria with CFAO

YAMAHA Japan, renowned motorcycle, outboard engine and generator maker has returned to Nigeria, ten years after leaving the country. Yamaha, was in the past, represented by John Holt but has found a new and reliable partnership in CFAO Yamaha Nigeria Limited, a member of the CFAO Group. Speaking on the new partnership, the Managing Director of Yamaha CFAO, Mr. Olivier Levigne told newsmen at the ...

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Court Convicts 58 Traffic Offenders

The Federal Road Safety Commission (FRSC) in Plateau State said 58 motorists in Jos had been convicted for violating traffic rules. Sector Commander of the commission in the state, Mr. Crawford Oti, who made this known in Jos, told the News Agency of Nigeria (NAN) that a mobile traffic court tried the motorists. ‘’We actually apprehended 61 offenders, but three of them were discharged by the m ...

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Infinity Opens New Centre

A new tyre and battery services – Infinity Express Centre, has been opened by Fomas Integrated Services Limited. The facility, a franchisee of Infinity Tyres Limited, also offers computerised wheel alignment and balancing, tyre fitment, battery charging machine as well as reliable tyres, batteries and engine coolants. Managing Director of Infinity Tyres Limited, Arshi Chadha, while declaring o ...

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Ford Begins Vehicle Assembly in Nigeria

Ford Motor Company yesterday unveiled the first Ranger truck to be assembled in Nigeria. It was built in an existing facility with Ford’s Nigerian partners Coscharis Group, an indigenous automobile dealer. At the official announcement of the Ford assembly line in Lagos, its President/CEO, sub Saharan African Region, Mr. Jeff Nemeth, said Nigeria remains a significant market in Ford’s sub-Saharan ...

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Range Rover Evoque Finally Goes Roofless

Land Rover has unveiled the world’s first luxury compact SUV convertible. Range Rover Evoque Convertible combines the bold design and refinement of Evoque with comprehensive specification and a sophisticated folding roof to create a no compromise, all-season convertible. The ground breaking and distinctive shape of the original Range Rover Evoque lends itself to an elegant convertible design and ...

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Isuzu to Assemble Light Trucks in Nigeria Next Year

Koncept Autocentre Limited, representatives of Isuzu brand in Nigeria has disclosed that the Isuzu brand will commence  production of its light trucks in Nigeria by the second quarter of next year. Mr Victor Eborajolo, Director of Koncept Autocentre, said that the company was at the final stage of completing the assembly line at its Isolo Lagos premises. He made the disclosure at the just-conclud ...

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Zahav Unveils Drive Beyond Borders Tunland Pick-up

Zahav Automobile Company Nigeria Limited, local assemblers of Foton Tunland pickup has urged emerging businesses and astute commercial ventures not to wander afar in search of functional and reasonably priced pickup trucks as it unveiles the all new ‘Drive beyond borders’ Foton Tunland pickup. A part of the Stallion Group, Zahav Automobile is the assemblers and marketers of Foton Tunland pickup t ...

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