Browsing Tag
Automotive
5 posts
Lagos Police Arrest Main Suspect in N1 Billion Luxury Car Fraud Ring
Lagos police have arrested the suspected leader of a criminal group responsible for a N1 billion luxury vehicle fraud scheme.
Guazi Extends Used Car Sourcing Services Internationally
Guazi, a major Chinese used car e-commerce firm, is now offering its inspection-backed vehicle sourcing and digital listing services to buyers in Africa, the Middle East, Central Asia, and Eastern Europe.
Automotive traders offer varied feedback on recent import duty cuts
Nigerian car dealers report mixed views on government import duty reductions, citing the potential for lower prices alongside concerns regarding currency exchange rates and existing stock inventory.
Experts warn car tracking apps are not a reliable theft solution
Experts caution that connected car apps are designed for convenience rather than security, often failing to help owners recover stolen vehicles.
Nigeria lowers vehicle import charges as traders wait for Green Tax specifics
Nigeria has cut vehicle import levies under new 2026 fiscal guidelines, but industry experts remain cautious as they await clarity on a newly introduced Green Tax.