TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world and a market leader in Nigeria, today announced the launch of its new Keke, TVS King Deluxe CNG in Nigeria.
The launch event was graced by dignitaries from the Edo state and across Nigeria, during which the company unveiled their latest offering, the TVS King Deluxe CNG.
The TVS King Deluxe CNG is designed to help customers in cutting down petrol expenses and driving towards a greener future by reducing pollution and promoting eco-friendliness. It sports a refreshed look with bolder bezel, crystal-like tail lamp and comes with a stronger and longer steering column. The TVS King Deluxe CNG comes with internationally certified 30 litre CNG tank and bi-fuel petrol fuel option. Complementing this, the striking new brighter headlamps improves visibility and safety. It also comes with double protection for fuel filling valve.
Commenting on the launch, Rahul Nayak, Vice President – International Business, TVS Motor Company said, “TVS Motor continues to lead the Keke market in Nigeria with its innovation and customer-centric offerings. We take immense pride in introducing the TVS King Deluxe CNG, the first CNG variant in the Nigerian market, aimed at improving and enhancing the well-being and prosperity of individuals. With this addition, we are confident of setting benchmarks in style, performance, and safety in Keke segment.”
The TVS Deluxe CNG is powered by powerful and proven 200 cc 4 stroke, liquid cooled, single cylinder SI engine that churns out a maximum power output of 6.3 kW @ 5500 rpm in the CNG variant.
About TVS Motor Company
TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in our 100-year legacy of Trust, Value, and Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. We are the only two-wheeler company to have received the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive four years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.
Super Falcons head coach Justin Madugu has defended his player selection and tactical decisions ahead of Nigeria’s crucial Group C encounter against Zambia at the 2026 Women’s Africa Cup of Nations (WAFCON).
The ten time African champions are under pressure following their disappointing 3-2 defeat to tournament debutants Malawi in their opening match.
The outcome of that has intensified scrutiny of the coaching crew’s team selection and tactical approach.
Speaking during his pre-match press conference on Friday, Madugu insisted that every selection is based on players’ performances in training, tactical requirements and the specific demands of each opponent.
“We have very versatile players in this team. Every player selected is chosen for a reason,” Madugu said.
“The choices we make are based on what we observe in training, the physical condition of the players and the tactical plan for each game. We take full responsibility for every decision.”
The coach acknowledged the disappointment of the opening defeat but maintained that Nigeria still controls its destiny in the competition.
“We still have our fate in our hands. We have corrected the mistakes from the last game and we are fully focused on the challenge against Zambia,” he added.
Madugu also revealed that the technical crew has worked on tactical adjustments aimed at improving the team’s defensive organisation and attacking efficiency ahead of the must-win fixture.
Meanwhile, goalkeeper Chiamaka Nnadozie and forward Uchenna Kanu expressed confidence that the squad has moved on from the setback against Malawi.
Nnadozie urged Nigerians to continue supporting the team, insisting the players remain united and determined to bounce back, while Kanu said the atmosphere in camp remains positive despite the opening loss.
Nigeria face a formidable Zambia side that began their campaign with an emphatic 6-0 victory over Egypt.
Victory for the Super Falcons would revive their hopes of reaching the knockout stage, while another defeat would leave their qualification chances hanging by a thread.
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s retail insurance giant, Mutual Benefits Assurance Plc has reported 2.57 percent growth in Insurance Revenue to ₦42.25 billionup from ₦41.20 billion in H1 2025.
According to the group’s unaudited financial statements, released on the floor of Nigerian Exchange Plc, Total Assets appreciated by 15.46% to ₦204.00 billion as of June 30, 2026 when compared to ₦176.68 billion at year-end December 2025.
Also, its Shareholders’ Funds grew to ₦72.32 billion as against ₦65.00 billion reported in December 2025, this indicating 11.25% growth
The company’s net income from reinsurance contracts held turned around significantly to ₦3.25 billion, reversing a net expense of ₦3.73 billion recorded in the same period last year.
The company reported a net profit of ₦3.51 billion for H1 2026, down 40.48% from ₦5.90 billion in H1 2025.
The underwriter’s total assets crossed the ₦200 billion mark, driven largely by a 50.10% rise in reinsurance contract assets, which reached ₦22.49 billion (up from ₦14.98 billion in December 2025).
Total liabilities stood at ₦117.98 billion, representing a 10.31% expansion from ₦106.95 billion recorded at the end of fiscal year 2025.