Nigeria has the people, scale, and drive to grow, yet its financial system lags behind. The gap is clearest in the cost of capital: businesses face short-term loans at punishing rates, while peers abroad can access long-term funding at stable prices.
The challenge is not a lack of entrepreneurs, but a system that cannot finance them on terms that sustain growth.
Bank recapitalisation and regulatory reforms are the latest efforts to strengthen lending c
Nigeria has the people, scale, and drive to grow, yet its financial system lags behind. The gap is clearest in the cost of capital: businesses face short-term loans at punishing rates, while peers abroad can access long-term funding at stable prices.
The challenge is not a lack of entrepreneurs, but a system that cannot finance them on terms that sustain growth.
Bank recapitalisation and regulatory reforms are the latest efforts to strengthen lending c
