Report: 44% of Nigerian Informal Businesses Earn Below N20,000 Daily

A recent report has shown that a significant portion of informal businesses in Nigeria, amounting to 44%, earn below N20,000 daily. This statistic sheds light on the economic struggles experienced by small businesses in the country, indicating a need for interventions to support and uplift these enterprises.

The findings underscore the importance of addressing economic disparities and creating a conducive environment for business growth and sustainability in Nigeria.