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Davinci unveils DC100 Classic E-bike
As industry remembers Citroen’s Helicron Chinese electric motorcycle manufacturer, Davinci, has introduced a classic-inspired electric motorcycle that offers performance similar to a 1,000cc machine. According to industry news medium, Ride Apart, the electric bike model come into an electric motorcycle…
Ferrari seeking approval to roll out flying car
A Ferrari-red flying car is could soon become every commuter’s dream come true: It would fly over miles of gridlock to work, land and then drive a mile or two to their parking spaces. Samson Air’s Switchblade, which has been…
NMDRA pays N71.234 bn bridging claims to marketers
Sopuruchi Onwuka New regulators for the domestic fuel market, the Nigerian Midstream and Downstream Regulatory Authority (NMDRA) says it has paid some N71,234 billion to different mart players in the country to compensate for local transportation of petroleum products. Of…
Mercedes-Benz EV records 747 miles without recharging
Mercedes-Benz’s ultra-long-range electric car traveled 747 miles without stopping to charge, beating its previous record, the company said weekend. The sleek Vision EQXX, drove from Stuttgart, Germany, to Silverstone in the UK. Earlier this year, Mercedes took the concept car…
Fuel marketers close shop to demand price increase
Sopuruchi Onwuka A segment of players in the domestic fuel market have started practical demand for price increase by shutting their retail outlets and creating panic among motorists over possible hiatus in the distribution system. Panic buying by desperate motorists…
IATA predicts 116% passenger growth in African aviation
The International Air Transport Association (IATA) has predicted more than double the number of passengers flying African airlines in the year following liberalization of movements after travel restrictions imposed in response the covid-19 pandemic. The body stated that African airlines…
Onyeama demands pan-African collaboration against insecurity, maritime threat
Nigerian has called for urgent action to end terrorism, piracy and trafficking along the African Atlantic coast. Foreign Affairs Minister, Geoffrey Onyeama, made the call while stating Nigeria’s position at the First Ministerial Conference of African Atlantic States in Rabat,…
NGSA declares discovery of high grade lithium in Kwara
Kwara State in the western North Central Zone of the country is now in the line to succeed Niger Delta as the country’s foreign exchange income base following the discovery of large deposits of lithium. The Oracle Today reports that…
Lagos ports losing appeal to importers, shippers
Players in the Nigerian maritime sector are pointing at collapsing quayside facilities at the nation’s sea ports located in Apapa Lagos, warning that the situation has compounded the exorbitant charges to drain appeal of shippers to anchor in the country….
Oando, LAMATA strike deal to pioneer EV mass transit in Nigeria
Sopuruchi Onwuka Indigenous energy company, Oando, has committed to pioneering mass roll out of electric busses and supporting infrastructure to facilitate Nigeria’s first emission free public transport system. A unit of the company, Oando Clean Energy Limited (OCEL), signed a…
