The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has called for decisive action to support women entrepreneurs and Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. SMEDAN Director-General, Mr Charles Odii, made this appeal at the unveiling of…
By Matthew Denis The Registrar General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji SAN, has revealed that it is estimated that around 40 million Micro, Small, and Medium Enterprises (MSMEs) are currently operating within the Nigerian economy. Magaji…
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has highlighted the critical role of Micro, Small, and Medium Enterprises (MSMEs) in the realization of the economic plan of the President Bola Ahmed Tinubu led administration. Describing…
Rauf Oyewole, Bauchi The Federal Government through the Bank of Industry is set to disburse N1billion loan to boost the Micro, Small and Medium Enterprises across the 20 local government areas of Bauchi State. Government had earlier announced a N75bn…
Stakeholders have emphasised the need for improved funding, capacity building, and a shift in mindset of Micro Small and Medium Enterprises (MSMEs) in the country. The stakeholders spoke as panellists at the ongoing 2024 National MSME Conference organised by the…
By Esther Agbo In order to alleviate poverty, the Bank of Industry (BOI) has disbursed N77.65 billion in loans to nearly 1,000 medium, small, and micro-enterprises (MSMEs) within the first nine months of 2024. This initiative forms part of a…
First City Monument Bank (FCMB) has been recognised as a force for good in Nigeria’s financial sector, winning two prestigious awards at the Development Bank of Nigeria (DBN) 2024 Annual Lecture Series and Awards in Lagos. The bank was named…
By Esther Agbo To enhance the adoption of Artificial Intelligence (AI) among Nigeria’s micro, small, and medium enterprises (MSMEs), fintech firm eTranzact International Plc has joined forces with the Enterprise Development Centre (EDC) of Pan-Atlantic University. The partnership, announced in…
Over 700,000 manufacturers and micro, small and medium enterprises have expressed intention to become beneficiaries of the Federal Government’s N150bn loan to help businesses in Nigeria navigate the current economic crunch. The Minister of Industry, Trade and Investment, Doris Aniete,…
Wema Bank says it will train and empower 100,000 youths and Micro, Small and Medium Enterprises (MSMEs) in Ekiti. Tunde Mabawonku, the bank’s Executive Director of Retail and Digital Business, in a statement on Thursday, in Ado-Ekiti, said the training…
