Nigeria new car imports rise marginally in Jan, Feb

Newswire

* New vehicle imports witness slow start - Dealers * Vehicle dealers seating on old inventory * Credit to the private sector recovering By Chijioke Ohuocha LAGOS, March 26 (Reuters) - New vehicle imports into Nigeria in January and February rose marginally compared to the same period last year, as dealers stuck with old inventory held back from placing new orders, CAR dealers said on Wednesday. Vehicle sales in Africa's most populous nation are a proxy measure for private purchasing power, ...

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