Plc has reiterated its commitment to assisting the small and medium enterprises ecosystem in Nigeria.
The chief executive, Stanbic IBTC Bank, Wole Adeniyi, listed the COVID-19 pandemic, dearth of innovative solutions and lack of access to adequate business finance as some of the challenges that have plagued the SME sector in Nigeria in recent times.understands that running a business is not a bed of roses and that challenges differ from one business ecosystem to another.
Adeniyi also advocated for the diversification of the economy through policies that will be aimed at driving commercial growth in various sectors as SMEs are vital to the vast business ecosystem of any economy.
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