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NGEconomy2 days ago

Mastercard SME Confidence Index: 81% of Nigerian SMEs are confident about the year ahead as growth ambitions build

According to a Mastercard study, 81% of Nigerian SMEs express confidence in the upcoming year, with digital and online payments seen as crucial for business growth. Key findings include 100% agreement on the importance of digital payments, 79% prioritizing staff training and upskilling, and 78% focusing on digitization. Over two-thirds (69%) seek credit for expansion, and 68% expect revenue growth. The report highlights mobile payment adoption at 67%, with many SMEs using both physical and online channels.

Source document: Mastercard SME Confidence Index

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Vanguard NigeriaIndependentCenter2 days ago
Mastercard SME Confidence Index: 81% of Nigerian SMEs are confident about the year ahead as growth ambitions build

According to a Mastercard study, 81% of Nigerian SMEs express confidence in the upcoming year, with digital and online payments seen as crucial for business growth. Key findings include 100% agreement on the importance of digital payments, 79% prioritizing staff training and upskilling, and 78% focusing on digitization. Over two-thirds (69%) seek credit for expansion, and 68% expect revenue growth. The report highlights mobile payment adoption at 67%, with many SMEs using both physical and online channels.

Bias read (Center): The article presents statistical data from a Mastercard study without overtly biased language or selective emphasis. It reports findings objectively, focusing on economic indicators and business trends rather than taking a stance on policy or politics. There is no evident framing that favors one set

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