OPS fears SMEs’ collapse as cash scarcity lingers
The Organised Private Sector has joined the call on the Central Bank of Nigeria to address the cash scarcity witnessed nationwide, stressing that the country is not developed enough for cashless transactions. Members of the OPS pointed out that the scarcity of cash has adversely affected businesses, especially those in the Micro, Small, and Medium Enterprises category, as they expressed fears of an imminent collapse of MSMEs. “While the intent […]
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