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Innoson vs Nord: The “Tech Bro” and The “Village Billionaire” - Tech
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Innoson vs Nord: The “Tech Bro” and The “Village Billionaire” - Tech
Buying a new car is no longer easy for most Nigerians. Nearly three-quarters of vehicles sold in the country are second-hand imports, overwhelming a market that shrank by 22.3% in the first quarter of 2025. Electric vehicle sales dropped nearly 26%, making up less than 1% of total car sales, held back by high costs and limited charging infrastructure. With inflation at 23.71%, and interest rates at 27.5%, the desire to own a new car is sliding…
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