Nigeria, March 20 -- Businesses across various sectors have identified high interest rates and insecurity as the most pressing challenges they face as they look ahead to 2025, according to the February Business Expectations Survey by the Central Bank of Nigeria (CBN).
According to the survey released on Wednesday, these constraints are expected to weigh heavily on operations, even as firms remain optimistic about the broader macroeconomic environment.
The survey revealed that 75 per cent of respondents cited high interest rates as a significant hurdle, closely followed by insecurity at 73.9 per cent and insufficient power supply at 73.8 per cent.
High taxes and financial problems also featured prominently, with 73 per cent and 68.5 per...
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