The Development Bank of Nigeria (DBN) says it has disbursed over N787 billion to no fewer than 495,000 Micro, Small, and Medium Enterprises (MSMEs) since its inception to 2023. It also said that the disbursement was with a focus on…
Mr Olatunbosun Oyintiloye, a Chieftain of All Progressives Congress (APC) has advised President Bola Tinubu to monitor the disbursement of the N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises and manufacturers. Oyintiloye, while speaking with newsmen…
The Federal Government on Monday reiterated the important role Micro, Small, and Medium Enterprises (MSMEs) play in ensuring job creation and national development. Amb. Nura Rimi, the Permanent Secretary, Ministry of Industry, Trade, and Investment, said this while receiving Implementation…
By Sodiq Adelakun A report from the Central Bank of Nigeria (CBN) has revealed that over the course of ten years, only 6.63 percent of the total N10.39 trillion loans disbursed to various sectors were allocated to intervention programs supporting Micro,…
By Sodiq Adelakun In a bid to reduce the mortality rate of businesses waiting for loan approvals, the Federal Government is considering implementing solutions that will ensure the disbursement of loans to Medium, Small, and Micro Enterprises (MSMEs) within 14…
The Federal Government has reiterated plans to inaugurate an intervention programme to further drive Micro, Small and Medium-sized Enterprises (MSMEs) in the country. This is contained in a statement signed by the Special Adviser to President Bola Tinubu on Presidential…
The National Agency for Food and Drug Administration and Control (NAFDAC) has reviewed the tariffs on its regulatory services to ease the burdens of Micro Small and Medium Enterprises (MSMEs). In a statement on Sunday, the regulatory noted that this…
After much resistance greeted the discontinuation of subsidy payment on premium motor spirit (PMS) by the present administration, President Bola Tinubu had in response to outcries that greeted the development announced palliative measures. The development had posed strains to businesses…
The Federal Government in collaboration with the Bank of Industry (BOI) has concluded plans to commence the disbursement of N75 billion to Micro, Small and Medium Enterprises (MSMEs) across the country by January 2024. This disclosure is contained in a…
Governor Babajide Sanwo-Olu of Lagos State has charged Micro, Small and Medium Enterprises (MSMEs) on harnessing opportunities put in place by the state to enable their businesses thrive and compete globally. Sanwo-Olu gave the charge while declaring open the Eighth…
