Toyota Corolla Emerges Nigeria’s Car Of The Year

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

…As Stallion, CFAO Motors,, others win big at 2019 NAJA Awards

It was a celebration galore by leading auto brands, lubricants brands in the country as the Nigeria Auto Journalists Association (NAJA) recently presented different categories of awards to deserving winners at the Eko Hotels, Victoria Island, Lagos.

Toyota Corolla Emerges Nigeria’s Car Of The Year - Brand Spur
L-R: Bukola Ogunnusi, PR/Advert manager TNL, Kunle Ade-Ojo, MD TNL, receiving the Nigeria’s Car-Of-The-Year Award (COTY) award by the Toyota Corolla from Kayode Opeifa, executive vice-chairman, Presidential Task Team on Apapa Gridlock, while Ifeanyi Agwu, CEO, BKG Exhibitions Ltd looks on. The event was organised Tuesday, December 17, 2019 at the Eko Hotels, V/I, Lagos by the Nigeria Auto Journalists Association (NAJA). Pic by Pius Okeosisi

The award night which had the representatives of the Director-General of the National Automotive Design and Development Council (NADDC), Aliyu Jelani and the representative of the Corp Marshal of the Federal Roads Safety Corps (FRSC) as special guests was well attended by many Chief Executive Officers and other stakeholders in the nation’s automotive sector.

- Advertisement -

In the award categories for 2019, Toyota Corolla won the Car of The Year (COTY) Award beating Hyundai Tucson and GAC GS4, a Chinese brand. In the Luxury Car of The Year, Mercedes Benz S-class emerged winner ahead of BMW 7-series and Porsche Panamera, while the Luxury SUV of the Year award went to Range Rover Autobiography.

Mitsubishi L200 edged out the Toyota Hilux and Ford Ranger to clinch the Pick-Up 0f The Year Award while Mini Bus of the Year award went to the Toyota Hiace that competed with the Nissan Urvan and Mercedes Benz Sprinter buses.

New Auto Lubricant of the year went to Motul, just as Ondo Motor Rally smiled home with the Motor Sports of The Year Award.

Cars.45 was named as Online Auto Marketing Company of The Year; JAC, emerged the Most Improved Brand of The Year; even as Hyundai was named the Highest Selling Brand of The Year.

- Advertisement -

While Mandilas was announced as the Auto Workshop of The Year and Changan as Fastest Growing Auto Brand of The Year, the Honda Accord took home Executive Car of The Year award.

Read Also:  PZ Cussons delists from GSE to improve business operations

In his welcome speech, Mike Ochonma, Chairman of NAJA, said that NAJA award is the most prestigious and only recognised auto award in the country.

He advised industry stakeholders to desist from ‘negotiating’ for awards from private merchants who give auto industry awards just to prove to their principals abroad that they are doing well in the market

Emphasising that NAJA awards is the only recognised award nationally and internationally, Ochonma pointed out that the winners were arrived at, after an exhaustive, but an objective evaluation of competitors in each of the categories

- Advertisement -

He said that the award winners which was arrived at through members’ votes, will among other things, provide consumers with sound, comparative information on vehicles that are new to the market.

In his response, managing director of Toyota Nigeria Limited (TNL) Kunle Ade-Ojo who received the COTY award in a presentation made by the duo of Kayode Opeifa, Executive Vice-Chairman, Presidential Task Team on Apapa Gridlock alongside Ifeanyi Agwu thanked the organisers for putting up the award and for finding the Toyota Corolla worthy for the COTY award.

Ade-Ojo promised that the company will continue to uphold the integrity which the company has been known for while contributing positively for the Nigeria Auto industry.

Also, Special recognitions were given to Bukky Ogunnusi, Advert and Public Relations Manager of Toyota Nigeria Limited (TNL) and Abiona Babarinde, General Manager, Marketing & Corporate Communications, Coscharis Group. Thomas Pelletier, Managing Director/CEO of CFAO Motors was equally given the award of Most Innovative CEO of The Year.

- Advertisement -
Toyota Corolla Emerges Nigeria’s Car Of The Year - Brand SpurToyota Corolla Emerges Nigeria’s Car Of The Year - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -


  1. […] SOURCE: […]


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Toyota Corolla Emerges Nigeria’s Car Of The Year - Brand SpurToyota Corolla Emerges Nigeria’s Car Of The Year - Brand Spur

Latest News

Sahara Group Celebrates 25 Years Of Global Expansion, Unveils Future Plans (Photos)

Executive Director, Sahara Group, Temitope Shonubi has said the energy conglomerate’s impressive growth trajectory since 1996 has been driven...

Traders’ Voice…Global Monetary Commentary

“For there is always light if only we’re brave enough to see it if only we’re brave enough to be it.”……Amanda Gorman The sole objective...

MC Payment Poised To Become Singapore’s First Listed Digital Payments Firm


  • To become first digital payments service provider listed on SGX
  • RTO of Catalist-listed Artivision Technologies Ltd. approved at EGM with expected completion on 18 Feb 2021
  • Artivision Technologies Ltd. will be renamed to MC Payment Limited
  • Well-positioned to capitalise on ASEAN's booming digital payments market


SINGAPORE - Media OutReach - 26 January 2021 - Artivision Technologies Ltd. (SGX:5NK) ("Artivision", the "Company" or the "Group") shareholders approved the proposed reverse takeover (RTO) of electronic payments company, Mobile Credit Payment Pte. Ltd. ("MC Payment"), at an Extraordinary General Meeting (EGM) in Singapore last Friday. With the expected completion of the acquisition on 18 February 2021, Artivision will be renamed MC Payment Limited, and is set to become the first listed digital payments services firm on the SGX-ST.

Established in 2005 and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019, MC Payment holds a major payment institution licence and is a Singapore-based, online-to-offline (O2O) financial services technology company with a fully integrated platform and with a focus on servicing merchants in the retail, transportation and food and beverage industries.

The proposed acquisition of MC Payment is expected to be completed on 18 February 2021. ZICO Capital is the Sponsor and Financial Adviser in respect of the Proposed RTO and Evolve Capital Advisory is the financial adviser to MC Payment.

The Company is of the view that MC Payment's listing comes at an opportune time, with digital payments surging in Southeast Asia amidst the rise in online and e-commerce transactions, in light of safe-distancing measures imposed by respective government and general public's concerns over the COVID-19 outbreak. The Group retains a competitive edge with its accessibility, omni-channel unified commerce capabilities and ability to leverage on its platform for additional business enhancing value-added services, leveraging on its position as one of the few licensed payment providers with a regional presence and a scalable payment infrastructure.

Currently, MC Payment has a presence in four countries - Singapore, Malaysia, Indonesia and Thailand - with ambitions to become a regional player. With digital payments in ASEAN expected to triple to US$1.5 trillion (S$2 trillion) by 2030[1], the Group is well-placed to capitalise on this significant and growing market opportunity, given its established infrastructure and expanding geographical footprint.

Future growth avenues for the Group include penetrating new geographical markets through mergers and acquisitions, joint ventures and/or franchises, developing new technology and other payment solutions, as well as rolling out new value-added services for merchants, to boost customer retention and expand its customer base.

"We're expecting a robust growth trajectory for the Southeast Asian payments industry, following a surge in digitisation, spurred by increased access to 5G mobile technology, blockchain and AI, coupled with the rapid rise of e-commerce. We look forward to an exciting future in the digital payments industry, one that is filled with immense possibilities and opportunities," said MC Payment Chief Executive Officer, Anthony Koh.

[1] This information was extracted from a media release entitled "Digital payments in Asean to triple to US$1.5t by 2030: report" published by The Business Times on 16 October 2020, which can be accessed at:,Global%20Research%20Asean%20Next%20report., data accessed on 26 January 2021.


This press release prepared by MC Payment. (the "Company") does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issue or transfer of the securities referred to in this press release in any jurisdiction in contravention of applicable law. Persons requiring advice should consult their stockbroker, bank manager, solicitor, accountant or other independent financial consultant.

This press release should not be relied upon as a representation of any matter that an advisor or potential investor should consider in evaluating the Company. The Company and its related bodies corporate or any of its directors, agents, officers or employees do not make any representation or warranty, express or implied, as to the accuracy or completeness of any information, statements or representations contained in this press release, and they do not accept any liability whatsoever (including in negligence) for any information, representation or statement made in or omitted from this press release.

This press release contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward looking statements. The Company makes no representation or warranty, express or implied, as to or endorsement of the accuracy or completeness of any information, statements or representations contained in this press release with respect to the Company.

It is acknowledged that the Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this press release except as required by law or by any appropriate regulatory authority.

About MC Payment

MC Payment is principally engaged in the provision of merchant payment services and digital commerce enabling services, offering online-to-offline (O2O) solutions through a fully integrated platform with a focus on servicing merchants in the retail, transportation and food and beverage industries. Its end-to-end payment platform offers comprehensive solutions for merchants, ranging from hardware and software to data analytics and other technology-driven, value added services tailored to specific industries. Its solutions cater to merchants with both on-line and off-line presences, provided through a unified platform digitalising engagements across all channels. MC Payment currently has a presence in four geographical markets - Singapore, Malaysia, Indonesia and Thailand - with ambitions to become a regional player.

For more information, please visit us at

Toyota Corolla Emerges Nigeria’s Car Of The Year - Brand Spur

Cars45 And Gokada Announce Alliance To Drive Consumer Convenience

Nigeria’s leading tech-enabled automotive trading platform, Cars45 and last-mile delivery service provider, Gokada, have announced a partnership to provide Lagosians with more options to...

Rotary D9110 performs Free Cataract Surgeries on 100 Residents of Lagos and Ogun States

Lagos, Nigeria. 25th January 2021. The Rotary District 9110 Committee on Blindness Prevention embarked on a 3-day “Save Our Sight” Mission to Ota, Ogun State and...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Toyota Corolla Emerges Nigeria’s Car Of The Year - Brand SpurToyota Corolla Emerges Nigeria’s Car Of The Year - Brand Spur