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Airlines’ Fortunes Soar in Nigeria

A  new wave of confidence has animated the air travel sector with erstwhile struggling airlines now acquiring state-of-the-art airplanes to replace leased equipment. With lending rate as low as 10 per cent on liquidity inflow to the sector, local airlines are now buying aircraft like Embraer 145, Bombardier CRJ900 and even

How Electric Scooters Are Reshaping Cities

The scene in Santa Monica, where scooter-mania began.   One of the biggest stories in technology this year is the exploding popularity of Bird, Lime, Skip, Spin and Scoot. They’re all electric scooter-rental services, and their vehicles are suddenly buzzing along city streets and sidewalks around the world. These startups allow riders to

U.S. rail volumes sustain steady climb

US intermodal rail lines   Combined carload and intermodal shipments have grown 4 percent year-over-year through August.   Total combined U.S. freight railroad traffic in August grew another 4.5 percent to 2.83 million carloads and intermodal units compared with the same month a year ago, according to the latest data from the Association of

Electric Mercedes opens German assault on Tesla

FILE PHOTO: A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. REUTERS/Kim Hong-Ji/File Photo   Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla’s dominance of the fast-growing market for premium battery cars. Daimler-owned Mercedes,

4059 Vehicles in Nigeria Involved in Road Crashes in Q2

Latest report from the National Bureau of Statistics (NBS), has revealed that 4,059 vehicles were involved in road crashes in the second quarter (Q2), of the year. In the road transport data released on Tuesday, commercial vehicles represented the highest number of crashes with 2,447 representing 60.29 per cent, followed by

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