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“Microfinance banks are conceived to serve as important financial lubricants for the real sector, which is the pillar of sustained economic growth. In the intervening time, economic policy in Nigeria faces a major challenge of reviving growth, which is the one certain path to ending pervasive poverty. Microfinance has worked in this regard in many climes and promises to work in Nigeria, if we get it proper.
With prices rising quicker than wages up to now year, employers and staff each have to tighten their belts. Fortune reviews that even more staff (41%) are living paycheck to paycheck than before the COVID-19 pandemic. It makes sense that People are more and more confused about cash – and this could typically translate to poor psychological health for workers and declining enterprise outcomes for organizations.
