“MSMEs Struggle Under High Interest Rates”: CSED Calls For Efficiency Through Digital Solutions [Video]

• The Centre for Strategic Enterprises Development  (CSED) has stressed the imperative of empowering MSMEs
• CSED stated that offering a single-digit credit to MSMEs would significantly improve purchasing power and empower more businesses
• The centre said the recent hike in interest rates by CBN is stifling business growth instead of helping to tame inflation

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.

The Center for Strategic Enterprise Development (CSED) has disclosed the importance of nano, micro, small and medium enterprises to Nigeria’s economy.

The organization stressed this at a business launch with selected nano, micro, small, and medium enterprises (MSMEs) at their headquarters in Abuja, Nigeria. 

CBN interest rate hike is counterproductive

The event coincided with the United Nations MSME Day on June 27th and connected virtually with CSED’s co-founder and Head of Global Agenda in the …