Electric bikes are gaining ground in Nigeria because petrol prices rose roughly 643% after the government removed its fuel subsidy in May 2023, pushing pump pr…
The government's Energy Transition Plan projected electric vehicles reaching 60% of the national fleet by 2050, with a near-term goal of only about 60 public charging st…
President Bola Tinubu ended Nigeria's decades-old petrol subsidy on 29 May 2023. Pump prices that had sat around ₦175–200 a litre jumped to over ₦500 within weeks, then…
Nigeria removed VAT on electric vehicles, the first step in what became a broader incentive stack completed in 2026.
Spiro announced plans to scale its Nigerian battery-swap network from roughly 100 stations toward 1,000 by January 2026, aiming to make swapping a nationwide alternative…
MAX (Metro Africa Xpress) raised $24 million in combined equity and debt to scale its electric-motorcycle financing and battery-as-a-service network.
Nigeria Customs Service reduced import duty on qualifying EVs, extended-range EVs and certified electric tricycles/motorcycles to zero, building on the 2024 VAT exemptio…
Global oil-supply disruption tied to the US–Iran conflict fed through to Nigerian pump prices, pushing them to ₦1,300–1,400 a litre in most regions — a roughly 643% rise…
Spiro raised $215 million to expand its battery-swapping network and EV supply across Africa, following a $50 million raise in February 2026.
Nigeria Customs Service confirmed 3,947 electric vehicles approved for tax waivers in the first half of 2026 — the first processed batch under the current incentive sche…
Reuters, via Al Jazeera (16 August 2026), profiled riders and clean-energy voices weighing real fuel savings against Nigeria's electricity constraints — including a warn…
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