By Seun Ibiyemi The Federal Government has reduced the import levy on new and used vehicles under the 2026 Fiscal Policy Measures, as part of efforts to lower the cost of vehicle importation, stimulate trade and support economic growth. Under the revised tariff regime, the levy on new vehicles has been reduced from 20 per…
By Seun Ibiyemi Innoson Vehicle Manufacturing (IVM) has dismissed reports claiming its Chairman and Chief Executive Officer, Innocent Chukwuma, is planning to relocate business operations and investments to Ghana, describing the claims as false and misleading. In a statement issued by its management, the company said the reports circulating on social media do not reflect…
