Business Hilights

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Peugeot assembly plant

Review 70% duty on car imports until made-in-Nigeria vehicles saturate market—Group

Chairman of the Auto-dealer Association, Owode Area of Ogun State, Samuel Johnson, has called on the Federal Government to review the automotive policy, which imposes 70 per cent levy on imported vehicles, pending when credible investors have given serious signs…

Dangote may buy near moribund Peugeot assembly plant from AMCON sooner

AMCON’s Chief Executive, Ahmed Kuru, has hinted the chances of of leading industrialist, Aliko Dangote to buy up near moribund Peugeot Assembly Plant, Kaduna in partnership with Kaduna and Kebbi States. Bank of Industry (BoI) is also in the picture of new…