Speeding CNG truck rams into car in Lagos, two injured

Speeding CNG truck rams into car in Lagos, two injured

Two pedestrians have been injured following a road traffic accident involving a heavy-duty truck conveying Compressed Natural Gas (CNG) and a private vehicle at Apakun Bridge, inward Oshodi, Lagos State. The incident occurred at the crest of the bridge when the truck reportedly rammed into a moving silver Toyota Corolla, triggering a chain reaction that led to the pedestrians being struck. According to preliminary reports, the truck, with registration number EKY 120 YK, was allegedly driven at e...
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Driving local manufacturing: How AltBank empowered Nord Automobile to build future of affordable vehicles

Driving local manufacturing: How AltBank empowered Nord Automobile to build future of affordable vehicles

Nord Automobile Limited, a rising star in Nigeria’s automobile manufacturing sector, has quickly become a symbol of local innovation. Founded in 2017, the company has designed, developed, and assembledt a diverse range of vehicles, from commercial buses to passenger cars. However, as with many ambitious businesses, the road to success has not been without its challenges. For Nord, the major hurdle was financial constraints. As demand for locally assembled vehicles surged, Nord found itself str...
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