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Aug

The future of Nigerian SMEs with over 50 business failure causes

Timi Olubiyi, PhD Despite the significance of SMEs to the economy and national development, Africa has a high rate of business failures and short-lived businesses. In Nigeria SMEs account for 48 percent of the national GDP, 96 percent of businesses, and 84 percent of employment in the country, according to a PricewaterhouseCoopers (PwC) report. In contrast, due[…]