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Rising Costs Impact 79% Of Nigeria’s Informal Businesses – Moniepoint Report

Kingsley Chukwu6 months ago02 mins

Nearly eight in ten informal businesses in Nigeria have experienced an increase in operating costs over the past year, according to the Moniepoint Informal Economy Report 2025, released in Abuja on 17 October. The report revealed that 79 per cent of business owners in the informal sector attributed the rise in expenses to soaring supplier…

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