Nigeria's middle class wanted better cars. The naira had other plans

    Bethel Olujobi and Juliet Onyema | Top Stories | Jun 15, 2026    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
5778
times

Kekemeke Karatei realised he had saved up more hope than cash after arriving at the car lot to be informed that the N6 million he had been nursing for many months to finally own a 14-year-old used Honda was only sufficient to get him something even older and at a bargain.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent