Small and medium-sized enterprises (SMEs) are facing one of the most challenging financial environments in over a decade, as high interest rates, shrinking access to credit, and rising operational costs threaten their ability to survive, expand and create jobs. Business owners interviewed across Lagos, Abuja, and Ibadan say banks have become increasingly reluctant to lend [ ]
Wednesday 17 December 2025
leadership - 1 month ago
Funding Crisis Deepens As High Interest Rates Threaten SMEs
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