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Nigeria’s SMEs Struggle as Inflation and High Interest Rates Squeeze Profits
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Nigeria’s SMEs Struggle as Inflation and High Interest Rates Squeeze Profits
A recent study published in the Gusau Journal of Accounting and Finance, titled “Inflation, Interest Rates, and SME Profitability in Nigeria: A Decade of Evidence,” sheds light on the significant challenges faced by small and medium-sized enterprises (SMEs) in Nigeria over the past decade. The research, led by Oloruntoba Oyedele from Walter Sisulu University in South Africa, analyzed data from the… Source
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