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Lanre Shittu Motors has introduced a new dimension into auto finance scheme in Nigeria as it secures an offshore funding deal with Mack Trucks for local buyers of the Swedish trucks on single-digit interest rate.

Mack Trucks said at the delivery of 45 trucks to Haulage Oil and Gas Limited in Lagos last Wednesday that the EKN financing solution was made possible through international banks and guaranteed by European and American Export Credit Agencies.

Mack Trucks, Lanre Shittu seal auto finance deal