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Yearly Archives: 2017

Ford to bring in next-generation Focus from China

…To export All-new Ford Expedition, Lincoln Navigator  to over 55 markets globally In what has been described as yet another historic move by Ford, the U.S automaker announced on Tuesday that it would start bringing in the next-generation Focus small cars from China to feed the North American market as ...

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Mitsubishi marks centenary anniversary, begins aggressive dealer campaign in South Africa

…Coming with new, improved models   Mitsubishi, the first automaker to mass market an electric vehicle, is marking its 100 years as a world-class vehicle manufacturer – not the least the claim to the world’s first SUV. Mitsubishi Motors is, therefore, getting ready to keep the momentum going with the ...

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Coscharis Motors offers discounts on Jaguar Land Rover parts

Coscharis Motors, Jaguar Land Rover sole agent in Nigeria, Tuesday, announced a 10 percent rebate on its Jaguar Land Rover parts with the discount offer on suspension and filters from now till June 30, 2017. The aim, according to the dealership,  is to help cushion the cost of replacing these ...

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Heritage Bank moves to Badagry, grows agent outlets to 400

Heritage Bank has launched its agent banking services at the coastal town of Badagry in Lagos State just as it deepened its retail banking structure by growing its agent banking base across the country to 400 ‘Corner Shops.’ This, according to the Bank, is to the bring the growing number ...

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Kia Nigeria activates vehicle finance scheme with Stanbic IBTC Bank

Kia Motors Nigeria has activated its auto finance scheme with Stanbic IBTC Bank. This, according to the automaker, is to give an exclusive offer to Nigerians wishing to own their dream cars and pay at their pace with flexible repayment tenure up to 60 months. Kia said interested subscribers to ...

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Lagos/Ibadan expressway to gulp N10bn from 2017 budget – Minister

….64 other roads/bridges listed for construction The Nigerian Federal Government on Monday said it would spend the sum of N10 billion out of the newly-signed N7.44trn 2017 budget on the rehabilitation of Lagos-Ibadan expressway while it would construct and rehabilitate 64 other roads and bridges to enhance transportation system in ...

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Fiat, Esselunga set Guinness World Record

…Hand over 1,495 branded Fiat 500 cars to winners in less than 48 hours Fiat and Italian supermarket chain, Esselunga, have set a Guinness World Record TM for the record-breaking handover of 1,495 Fiat 500 cars in less than two days to the lucky winners of a competition run by ...

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Ghosn flaunts Renault-Nissan’s global leadership in electric vehicles

Flaunt it if you’ve got  it! That, exactly, is what the chairman of Renault-Nissan Alliance, Carlos Ghosn, is doing right now. Moreso, that he knows quite well that figures don’t lie. Ghosn, who also serves as the CEO of Renault, is seriously flaunting the leadership position of Renault-Nissan Alliance when ...

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Foton liquidates East Africa operations as Nairobi assembly plant goes on sale

  Call it a misadventure and that would just be it for Foton, the Chinese vehicle assemblers, as its six-year romance with Kenya has ended in misfortune. The company was left with no option than to liquidate its operations and put its assembly plant in the East African country for ...

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Dangote, two others to reconstruct Apapa Wharf Road for N4.34bn

AG Dangote Construction Company Ltd, an arm of the Dangote Group, the Nigerian Ports Authority (NPA) and Flour Mills of Nigeria, weekend in Lagos, agreed to reconstruct the dilapidated two-kilometre Apapa Wharf Road at the cost of N4.34 billion. The stakeholders signed the agreement with the Minister of Power, Works ...

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