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Dangote Refinery may cut petrol, diesel prices as depot price war intensifies
1+ hour, 42+ min ago (317+ words) Dangote Refinery may review its petrol and diesel prices again as intensifying competition among Lagos depots pushes loading rates below the refinery's current ex-depot prices. Pricing data reviewed by Petroleumprice. ng showed widespread reductions across both Premium Motor Spirit (petrol)…...
Ferrari shares rebound to pre-launch levels after Luce concerns
1+ day, 3+ hour ago (351+ words) Ferrari shares have gone back to their pre-launch levels, recovering losses recorded after investors reacted to the unveiling of the company's first fully electric vehicle, the Luce, signaling renewed confidence in the luxury automaker's long-term strategy. Ferrari's share price fell…...
Parents, schools feel pinch as fuel prices surge
1+ day, 56+ min ago (915+ words) The persistent rise in fuel'and diesel'prices across the country is taking a heavy toll on schools and parents, with many struggling to cope with increasing transportation'costs'and operational expenses. The situation is driving up the cost of education and placing additional…...
Toyota-By-CFAO rolls out 2026 RAV4 in Nigeria alongside global release
2+ day, 2+ hour ago (611+ words) Toyota-By-CFAO Nigeria has unveiled the 2026 Toyota RAV4 in the Nigerian market, making the country one of the first in Africa to receive the latest generation of the popular sport utility vehicle (SUV) at the same time as its global release, as…...
Dangote Refinery reduces petrol gantry price by N25 to N1, 250/litre
4+ day, 4+ hour ago (216+ words) Dangote Petroleum Refinery has reduced its petrol gantry price by N25 to N1, 250 per litre, in a move that traders across Nigeria's downstream market had widely anticipated. According to sources familiar with the subject, the 650-barrel-per-day refinery cut down ex-depot petrol price…...
Fenix Telematics holds ground in Nigeria's growing mobility technology sector
5+ day, 9+ hour ago (205+ words) Fenix Telematics, a vehicle tracking and fleet monitoring company established in Nigeria in 2011, continues to operate within the country's transportation technology sector as businesses turn to digital tools to manage movement and logistics. The company, led by Maxwell Nyaknno, Chief…...
Electric vehicle manufacturers advocate investment in charging infrastructure, local production to boost adoption
5+ day, 20+ hour ago (616+ words) Stakeholders in Nigeria's electric vehicle industry have called for increased investment in charging infrastructure, local manufacturing and supportive policies to accelerate the adoption of electric mobility across the country. The call was made during the inaugural elective congress of the…...
Fuel-cost pressure drives CFAO Mobility to launch hybrid Suzuki Across in Nigeria
5+ day, 9+ hour ago (385+ words) CFAO Mobility Nigeria has launched the 2026 Suzuki Across hybrid SUV in Nigeria, targeting motorists seeking lower fuel costs and more efficient vehicles as high petrol prices reshape consumer spending. The company said the new Suzuki Across combines hybrid technology, all-wheel-drive…...
Nigeria's electric vehicle market: Opportunity or expensive experiment?
6+ day, 5+ hour ago (21+ words) Business News Nigeria - Nigeria's electric vehicle market: Opportunity or expensive experiment?...
Ferrari unveils first fully electric car worth $640, 000
6+ day, 11+ hour ago (349+ words) Ferrari has unveiled its first fully electric car, the Luce, in Rome, marking a major shift for the luxury sports car maker, known for decades of high-performance combustion engines. The car is Ferrari's first five-seater, designed by Jony Ive and…...