Only 18% of Nigerian retailers have accessed formal loans—FMCG report

🇳🇬 Nairametrics Nigeria (NG) —
Only 18% of Nigerian retailers have accessed formal loans—FMCG report

AI Summary

A report by Omni reveals that only 18% of Nigerian retailers have accessed formal loans despite high demand for financing. The findings highlight significant challenges in the retail financing sector in Nigeria.

A new report by commerce technology company Omni, has revealed that only 18% of Nigerian retailers have been able to access formal loans despite widespread demand for financing. The post Only 18% of Nigerian retailers have accessed formal loans—FMCG report appeared first on Nairametrics.

World Markets Nigerian retailers formal loans financing Omni report market access Nigeria

Read original source →