Swap Station Mobility partners Glovo, Siltech World to deploy accessories

Swap Station Mobility Limited has partnered Glovo App Nigeria Limited and Siltech World for the distributions of accessories in Nigeria.

This first of its kind partnership will provide Glovo couriers with two-wheel electric motorbikes that offer lower cost, clean mobility alternative to the internal combustion engine . Director at Swap Station and Partner at Blackaion Capital, Obiora Okoye, said:“This is the main value driver which has been catalysed by the Federal Government’s near elimination of fuel subsidies. So, the products developed or distributed by Swap Station are designed to exceed the performance of petrol alternatives whilst significantly improving CO2 emissions, local air quality and cost efficiency for users over the life of the asset.

CEO of FundCo Capital Managers and former Regional Sales Director, Energy, for Tesla, Abiodun Oni, stated: “e-mobility is critical to our sustainable infrastructure investment strategy and this agreement with our partners enables us kick start that process”. The Federal Government of Nigeria has listed its April 2024 Savings Bond worth N4.214 billion on the Nigerian Exchange Ltd. platform. The listing was announced by Mr. Godstime Iwenekhai, Head of the Issuers Regulation Department at NGX, in a market bulletin. Iwenekhai detailed the bonds, including FGS April 2026, consisting of 1.228 million units…

The Bank of Industry has launched the Rural Area Programme on Investment and Development initiative to mitigate rural-urban migration by empowering rural communities with access to capital, particularly targeting businesses of youths and women in these underserved areas.

Siltech World Swap Station Mobility

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