In Q1 2022, domestic flight movements witnessed a 215% decline, according to the Nigerian Civil Aviation Authority (NCAA). Road transportation remains the most used transport option for travellers within Nigeria, especially with the increase in airfares. About 80–90% of the country’s population travel via road trips. Most of the travel companies facilitating these trips work […]
Globally, small and medium enterprises (SMEs) account for 90% of businesses and 50% of employment, according to the World Bank. As of 2020, Nigeria's Small and Medium Enterprises Development Agency (SMEDAN) estimated that there are approximately 39.6 million MSMEs in Nigeria.