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Soaring costs push Nigerians to pre-owned market as demand jumps 97%
Business · BusinessDay ·

Soaring costs push Nigerians to pre-owned market as demand jumps 97%

Escalating costs have driven a significant surge in Nigeria's pre-owned goods market, with demand increasing by 97 percent. Consumers are increasingly opting for used items as brand-new products become less affordable due to economic pressures. This shift reflects broader changes in purchasing patterns as citizens adapt to rising inflation across the country.

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