Legit on MSN
New Prices: Nigerians Import N1trn Worth of Cars in Nine Months as Naira Rebounds in FX Markets
Nigeria's used car imports have rebounded as imported brought in about N1 trillion worth of cars in the first nine months of ...
If you say it's our wicked government, well you are not far from the truth. The Nigerian government imposes a 35% import duty on used cars and an additional 35% levy, effectively doubling the cost of ...
When buying a car in Nigeria, resale value is often just as important as performance or aesthetics. Most people focus on features like fuel efficiency, durability, and road performance. But there's ...
The Punch on MSN
Car imports rebound, hit N1tn in nine months
Nigeria’s importation of passenger motor cars rebounded strongly in 2025 as relative stability in the foreign exchange market eased pressure on dealers and buyers, according to foreign trade ...
As inflation and Foreign Exchange (Forex) volatility continue to impact Nigeria’s automotive sector, new data shows a 22 per cent spike in car inspections, suggesting a shift in Nigeria’s used car ...
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