The ban of forex by the Central Bank of Nigeria(CBN) to Bureau De Change(BDC) operators is sending wrong signals to small business operators and the
This development is affecting about 95 per cent of small businesses as they are grappling to survive the inflation cost without no adequate buffers to suppress the shock.
Reacting to the forex ban, the national president, Association of Small Business Owners of Nigeria, , Dr. Femi Egbesola, said small businesses are the major bulk sector of the Nigerian economy which he said contributes 95 per cent to the total number of employment generation.
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