New Market Report Now Available: Nigeria Autos Report Q3 2013
BMI sees considerable strengthening in vehicle production, vehicle imports and car ownership in Nigeria's auto industry over the next few years. One of Africa's most powerful economies is expected to continue performing well in H2 2013, with growth potentially breaking 7% amid controlled inflation and a stable currency. A strong economy is also likely to be a boon for auto loans in the country as Nigeria's banks expand amid stability, providing a growing middle class with greater access to credit.
View full press release