Small and Medium Enterprises (SMEs) in Nigeria are facing increasing financial pressure as the Central Bank of Nigeria (CBN) maintains the Monetary Policy Rate (MPR) at 27.5%. The decision, announced after the latest Monetary Policy Committee (MPC) meeting, aims to stabilize the economy amid inflation concerns and exchange rate fluctuations. However, many business owners say … Continue reading Nigerian SMEs Struggle As CBN Retains 27.5% Interest Rate