Fear, Not Law, Threatens Nigeria’s Financial Inclusion Gains

Uncertainty at the Point of Payment WHEN Abuja-based furniture maker Okonkwo Azuka secured his first contract of the year, the challenge was not the craftsmanship required but how he would be paid. The ₦500,000 deal stalled as his customer hesitated to make a bank transfer, fearing that Nigeria’s new tax reforms might trigger unexplained deductions. […]

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