42% Of Nigeria’s Informal Sector Lacks Enough Savings To Survive – Report

Leadership | 01-10-2025 05:25pm |

A new study by Moniepoint Microfinance Bank has revealed that 42 per cent of Nigeria’s informal sector operators do not have enough savings to survive beyond one month without income, highlighting the fragile financial state of millions of small businesses across the country. The findings form part of the second edition of Nigeria’s Informal Economy

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