Growing Financial Crisis: Over 70% of Nigerian cooperatives still use manual collections methods
[The Eagle - Nigeria] - 18/07/2025
A 2024 study from Nnamdi Azikiwe University (source) revealed that over 70% of cooperatives still rely on handwritten ledgers and informal cash contributions—leaving them exposed to defaults, disputes, and operational breakdowns. Even outright theft is not uncommon. The post Growing Financial (…)
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