Category: News

2024 Budget of NCS: Customs to Offer Waivers for Vehicle Importers to Fulfill Duty Payments Within a Designated Period

The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, presented the Service’s 2024 budget to the Nigeria Senate Committee on Customs at the National Assembly on Monday, February 5th, 2024. During the presentation,…

Sanwo-Olu Procures More Trains, Cargo Clearance Exchange Rate Hits N1,356/$, Red Line Set for Commissioning: Highlights of the Past Week

On Monday, January 29th, 2024, the CMA CGM SCANDOLA, a container ship powered by Liquefied Natural Gas (LNG), arrived at the Lekki Deep Sea Port in Lagos, Nigeria. This marked a significant moment as it…

Kidnapping: Police to Intensify Crackdown on Vehicles with Tinted Glasses, Possible Exemption for VIPs

The Nigeria Police Force (NPF) has announced its intention to crack down on vehicles equipped with unauthorized tinted glasses, citing their connection to the surge in kidnappings and crimes across the country. According to Force…

Governor Sanwo-Olu in China: President Tinubu Set to Commission 37-km Lagos Red Line Rail Project in a Few Weeks

Governor Sanwo-Olu: Lagos Red Line Rail Project Set for Commissioning by President Tinubu in a Few Weeks The Governor of Lagos State, Mr Babajide Sanwo-Olu, has assured the public that the 37-kilometre Red Line system…

Approximately 17,000 Vehicles Stolen in York Region and Toronto in the Past Year, Primarily Sent to Africa and the Middle East

Last year, in York Region, Canada, organized crime groups stole 5,000 vehicles, a significant increase from the 3,187 reported in 2022. Since September, the authorities have successfully recovered 80 vehicles valued at over $5 million…

Brabus Reveals Two New Luxury Superboats – The Brand’s Quickest and Largest

Brabus Marine, an innovative collaboration between the renowned German tuning company Brabus and the award-winning Finnish boat builder Axopar Boats, has introduced two new highly exclusive and exhilarating powerboats. Expanding the Brabus Marine lineup, the…

Lagos State Government Concludes 25% Fare Reduction for BRT and Blue Line Train on Monday, January 29th

From Monday, January 29th, 2024, the transportation fare for regulated public transport in Lagos State will revert to its original 100% rate. The 25% rebate, which was applicable to regulated public transport buses, ferries, and…

Kim Kardashian’s Damaged Range Rover Available for Purchase at N100k – Almost Equivalent to the Cost of a Brand-New Model

The 2022 Land Rover Range Rover SE, originally gifted to reality star Kim Kardashian by her manager and mother, Kris Jenner, on her 42nd birthday in October 2022, is now available for sale at a…

Taskforce Confiscates 355 Okadas, Nigerian Police Force Details Stolen Car Reporting, Lagos State Government Terminates 25% Transport Fare Discount, Weekly News Recap

The Nigerian Police Force has provided guidance on how motorists can report their stolen vehicles through the digitalized Central Motor Registry (CMR) portal. Motorists are advised to log in to their profiles on the CMRIS…

Will Tesla Directors Stand Up to Elon Musk’s Request for Increased Control

Tesla’s head honcho has an intriguing objective in mind. He is eager to secure stronger dominion over the workings of the company. Elon Musk, the company’s Chief Executive Officer, is openly exerting pressure on the board of directors to facilitate his wish.

Earlier this week, Musk issued a stark warning. He addressed his strategy to transform the electric car producer into a worldwide frontrunner in some innovative areas. These areas encompass artificial intelligence and robotics