Strategies for maintaining SME profitability amid inflation

Inflation poses a major challenge to businesses globally, hitting small businesses harder due to thinner margins and less flexibility to absorb cost increases, JOSEPHINE OGUNDEJI writes Each year, numerous small and medium-sized enterprises introduce new product solutions to the market, especially in developing economies like Nigeria. This economic phenomenon, characterised by rising prices and decreased

Read More Read More

Check Also

RoutePay, 9PSP urge MSMEs to adopt digital financial solutions

Digital payment platforms, RoutePay and 9PSP, have called on micro, small, and medium enterprises …

Leave a Reply

Your email address will not be published. Required fields are marked *