Motoring

PiggyVest, Mikano Motors partner to make new car acquisition easier

By Theodore Opara PiggyVest, Africa’s pioneer online savings and investment platform, has partnered with Mikano Motors to introduce a new savings scheme designed to enable more Nigerians to own brand-new vehicles without paying the full cost upfront. Under the initiative, announced at a press conference at Mikano Motors’ headquarters in Victoria Island, Lagos, on Wednesday, […]
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Germany immortalises Mercedes Pagoda SL

The Mercedes W 113 SL model series hit the market in 1963. Due to the design of its removable hard top, the roadster quickly earned the moniker “Pagoda.” Today, more than 50 years later, the German two-seater is one of the most popular vintage cars on the market.

Effective Transport Systems: A catalyst for Nigeria’s socio-economic development

Effective Transport Systems is divided, after the introductory chapter, into eight chapters. One chapter is given to aviation. Four chapters deal with different aspects of transportation by land: in the urban environment, on the highways, by rail, and using pipelines. Four other chapters examine navigation under different headings: inland waterways, coastal shipping, transportation on the high seas, and the operation of seaports and terminals.

2016: How recession dealt big blow to nation’s auto sector

SINCE the Nigerian economy officially slid into a steep recession in the second quarter of this year, most sectors have been performing below capacity due to shortage/high cost of buying foreign exchange, especially the United States dollar, needed to import either finished products or raw materials for local industries. The auto sector in the country is not immune to the vagaries of the recession as the new forex regime in the country has not been favourable to many auto firms.

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