SME sector

Nigeria’s Informal Economy: The $200B Market Everyone Is Underestimating

Nigeria’s Informal Economy: The $200B Market Everyone Is Underestimating Introduction While global investors and policymakers often focus on Nigeria’s formal economic indicators, a massive economic powerhouse operates just beneath the surface of official statistics. Nigeria’s informal economy represents more than half of the nation’s GDP and employs the vast majority of its workforce. Yet, this economic giant remains largely misunderstood,…

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