The recent hike in the prices of goods and services in Nigeria has left many Nigerian families struggling to cope with the hardship. Staples such as rice have almost tripled in price, with a bag of rice now costing N77,000. Inflation continues to rise, hitting a 27-year high of 28.9%. This increase in prices can…
The Oyo State Government in Nigeria has begun monitoring the beneficiaries of its N500 million (approximately $1.3 million) Small and Medium Scale Enterprise (SME) Loan Support program. The loan program was introduced under the Sustainable Action for Economic Recovery (SAfER) initiative to support small and micro-business enterprises in the state and provide relief during the…
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