FINANCIAL INCLUSION FOR INFORMAL BUSINESSES IN NIGERIA Introduction Nigeria’s informal sector is a paradox. It accounts for approximately 93% of employment and, following the 2025 GDP rebasing, contributed 42.5% of GDP in 2019 . Yet fewer than one in twenty micro, small, and medium enterprises (MSMEs) have access to bank credit . This gap—between the economic weight of informal businesses…
Local Content Laws: Compliance Burden or Competitive Advantage? For multinational corporations, local content requirements often look like a headache. Complicated procurement. Inflated expenses. Operational headaches. Regulatory checkboxes that add cost without adding value. For domestic businesses, the same regulations look like opportunity. Contracts previously dominated by foreign firms. A chance to compete. A path to growth. The truth is more…
Internal Controls for NGOs and Nonprofits in Nigeria — Building Donor Trust and Financial Transparency Nigerian NGOs occupy one of the most important and yet most financially vulnerable positions in the country’s development landscape. From healthcare delivery and education to humanitarian response, women’s empowerment, and environmental advocacy, NGOs and nonprofits in Nigeria channel billions of naira and hundreds of millions…
