High borrowing cost Nigeria
High Borrowing Cost Tops Business Woes – CBN
Businesses across Nigeria have ranked high borrowing costs as their toughest operational challenge, surpassing long-standing issues such as insecurity and erratic power supply, according to the Central Bank of Nigeria’s (CBN) June 2025 Business Expectations Survey. The survey, which sampled 1,900 firms across agriculture, industry, and services sectors, revealed that high interest rates scored 75.6 […]