Wednesday, June 19, 2024

Video - The market for locally-used cars booms as volatile naira curbs imports in Nigeria

Nigerian car dealers report a surge in demand for locally-used cars over the past year, driven by the naira's devaluation, which has made imported cars more expensive. As a result, many dealers are now focusing exclusively on selling locally-used cars to meet the growing demand. (This was all over the place, the web, the news in late May.


Related story: Video - Analysts say Nigeria not prepared for a shift from fossil-fuel vehicle


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