Posts tagged “car”

June 2015

BOI’S AUTOMOTIVE FUND HITS N18.09B

            BOI’S AUTOMOTIVE FUND HITS N18.09B The Bank of Industry (BoI) National Automotive Council (NAC) Fund has grown to N18.09 billion since inception in 2003. The fund is aimed at developing the automotive sector by financing projects in the industry and the annual budgetary approval for capital and recurrent expenditures of NAC. [...]

December 2014

Innoson rolls out Nigerian-made cars

Innoson rolls out Nigerian-made cars Pioneer indigenous car manufacturer, Innoson Vehicle Manufacturing Company Limited, over the weekend, rolled out 500 made-in-Nigeria cars. Speaking at the launch, the Chairman, Innoson Group, Dr. Innocent Chukwuma, whose company is one of the ten inaugural members of the Bank of Industry Hall of Fame, revealed [...]