NewsBreakNigeria
USD/NGN 1,324.60GBP/NGN 1,774.04USD/NGN black market ₦1,380GBP/NGN black market ₦1,845EUR/NGN 1,485.77JPY/NGN 8.44CAD/NGN 945.23
USD/NGN 1,324.60GBP/NGN 1,774.04USD/NGN black market ₦1,380GBP/NGN black market ₦1,845EUR/NGN 1,485.77JPY/NGN 8.44CAD/NGN 945.23

Cheap imports, 40% loan rates, threaten Nigeria’s EV manufacturers –ROXETTES Chairman

Nigeria’s push to accelerate electric vehicle (EV) adoption faces several challenges, including high financing costs, limited charging infrastructure and questions over how to balance vehicle imports with the…

Aggregated · originally by Nairametrics
23 Oct 2026, 12:00 WAT · 3 min read
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Cheap imports, 40% loan rates, threaten Nigeria’s EV manufacturers –ROXETTES Chairman