SEGMENT ANALYSIS

Kenyan oil marketing giant, Hass  Petroleum Group, has sold 40 percent of its stakes to Oman Trading International (OTI), a global trading company owned by the Government of Oman, according to a report by Fuel and Lube Asia. The move, according to F+L Asia , is to enable the Kenyan ...

…Invites Automotive Council boss to its assembly plant in Lagos The Stallion Group Nigeria said it would have not less than 30 percent local content in its buses and trucks with local components from plastics, rubber, fibre and petrochemicals if the local components makers were able to upscale the quality ...

PAN Nigeria Limited has called for what it described as “strict and rigorous” implementation of the Nigerian Automotive Industry Development Plan (NAIDP) even as it urged the Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu, to fast-track the pace of automotive industrial development, including local ...

…Partner with auto journalists on safety Ford Motor Company (FMC) and its Nigerian sole distributor, Coscharis Motors, have expressed their commitment to growing the country’s automotive industry. Expressing the commitment at the opening ceremony of the second edition of the Driving Skills for Life (DSFL) training for Nigerian automotive journalists ...

  The refreshed 2018 Acura TLX performance luxury sedan launches with a more sporty and alluring look reflecting the brand’s new design direction, along with an all-new TLX A-Spec variant for V6 powered models and new premium features. The 2018 TLX offers AcuraWatch™ as standard equipment on all grades, leading ...

Volvo Cars, the Swedish mobility provider, is celebrating the human side of safety technology in a new film on its premium luxury brand, the all-new XC60 . With the belief that “Sometimes the moments that never happen, matter the most, ”  the carmaker said this is the beguiling thought that ...

Heritage Bank Plc has restated its commitment to supporting the National Youth Service Corps (NYSC) members and young entrepreneurs in Nigeria to grow their businesses either as start-ups or prospective business owners. This, the bank said, is in line with its culture as a timeless wealth partners.  The MD/CEO of Heritage ...

    …As Aliyu proffers solutions to industrialisation challenges The National Automotive Design and Development Council, NADDC, has thrown its weight behind the automotive local content conference and exhibition being organised by a transport firm, Routes & Roads Transport Company . The event is scheduled to hold in Kaduna from ...

From Thursday, June 15 to Sunday, June 18, 2017, the Swiss edition of Art Basel will again offer extensive insights into the work of over 4,000 artists, presented by 291 of the world’s leading galleries. As in previous years, and as a longstanding partner of the shows in Basel, Miami ...

Ethiopia has overtaken Kenya as the economic hub in East Africa, with its growth buoyed by payoffs from a heavy spending in infrastructure and its open door policy on investors, making it among the world’s fastest-growing economies in the past 10 years according to the latest data from the International ...