The Development Bank of Nigeria (DBN) is partnering with Jaiz and Taj Banks to provide non-interest medium/long-term loans for Micro, Small, and Medium-Sized Enterprises (MSMEs) in the North. Dr Tony Okpanachi, Managing Director, DBN, said this at a stakeholders’ conference…
By Sodiq Adelakun The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has said that digitizing micro, small, and medium-sized enterprises (MSMEs) will increase revenue by 26 per cent as well as reduce operating cost by…
FirstBank of Nigeria Ltd. on Wednesday signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to develop and promote MSMEs. Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, said at the signing…
The maximum lending rate in the banking sector hit 29.13 per cent, while savings deposit rates stood at 4.13 per cent as of December 2022. On Monday, figures from the Central Bank of Nigeria on money market indicators were revealed.…
The Chairperson, Nigeria Association of Small Scale Industrialist (NASSI), Lagos Chapter, Mrs Gertrude Akhimien, has stressed the need for Micro-, Small- and Medium-Enterprises (MSME) to have access to unlimited grants for business growth and profitability. Akhimien said this during a…
Some economists and industrialists have faulted the proposed 20 per cent excise on carbonated and non-alcoholic beverages, saying it would adversely affect Micro, Small and Medium Enterprises (MSME) operators. Mr Segun Kuti-George, Former Chairman, Nigerian Association of Small Scale Industrialists…
By Moses Adeniyi The Lagos State Government (LASG) has launched a franchise framework aimed at boosting the survival and expansion prospects of Micro, Small, and Medium Enterprises (MSMEs) for sustainable economic growth in the State and Nigeria at large. The…
Experts on Monday underscored the need for key policy recommendations for Micro, Small and Medium Enterprises (MSMEs) development to focus on areas of financing, capacity and structure. They gave the advice at a webinar organised by the Small and Medium…
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says West African countries must create export-ready MSMEs that can compete with exports from other countries. The Director-General/Chief Executive Officer of SMEDAN, Mr. Olawale Fasanya, said this at the ongoing…
Stakeholders in the Micro, Small and Medium Scale Enterprises (MSMEs) sub sector, have met to chart a path for implementation of the national MSMEs policy in Edo. The one-day event which held in Benin, was tagged: “Stakeholders Dialogue on MSMEs…
