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Revealed: How digital lenders are trapping small business owners

Digital lenders are giving Nigerian businesses faster access to credit, but high repayment costs and short loan tenors can leave borrowers trapped in debt cycles.

Aggregated · originally by Legit.ng
26 Sept 2026, 07:01 WAT · 3 min read
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Revealed: How digital lenders are trapping small business owners

Digital lenders are giving Nigerian businesses faster access to credit, but high repayment costs and short loan tenors can leave borrowers trapped in debt cycles.