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Bank of Industry loans are the best way to overcome Nigeria’s rising interest rates

   First published on LinkedIn. Nigerian rising interest rates worry many borrowers. Here are 5 reasons Bank of Industry (BOI) loans remain the best. Nigerian interest rates are going up and Nigeria’s central bank has aggressively raised its monetary policy rate (MPR) to 22.75% to control inflation. This represents 400 basis points (4%) from…

Businesses Fail Because Entrepreneurs Do Not Have Financial Literacy
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Businesses Fail Because Entrepreneurs Do Not Have Financial Literacy

Starting a business is a dream for many entrepreneurs, but the road to success is filled with challenges. According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. According to the U.S. Bureau of Labor Statistics (BLS), approximately 20% of new businesses fail during the first two years,…