SMEs

“It is very impressive that somewhere in Abuja, you can have so much manufacturing going on, so many people employed and so much innovation and creativity on display”, said Vice President Yemi Osinbajo, SAN, today during a visit to DLK Clothing Signatures LTD, a manufacturer of shoes, garments and other...

*AFCTA implementation in focus *Business leaders commend VP's personal devotion to MSMEs The Federal Government will continue to interact and engage with the Organised Private Sector (OPS) in the country, while improving the country’s business climate, in the full knowledge that the sector is the real engine room of growth...

    gets commendations from Industry Minister, President’s Adviser on Ease of Doing Business The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has disclosed that the Bank has dedicated N100 billion for the financing micro, small and medium enterprises (MSMEs) in the country. This, he said is to enable them contribute...

  The Lagos Chamber of Commerce and Industry (LCCI) has canvassed direct engagements between Small and Medium Enterprises (SMEs) and regulatory agencies to effectively address communication gaps. Presenting the report of a study jointly sponsored by the chamber and the Centre for International Private Enterprise (CIPE), Dr. Muda Yusuf, Director-General,...

Kano State Cottage Industries and Street Hawkers Directorate has completed the training of over 600 Micro, Small and Medium Enterprises (MSMEs) operators. The 11 months training was part of the state government’s efforts to support citizens in the area of economic independence for the socio-economic development of the state. A...

The Central Bank of Nigeria (CBN) has opened a portal for Micro, Small and Medium Enterprises and households affected by COVID-19 to access N25 million. The portal and funds will be accessed using the NIRSAL Microfinance Bank. This was announced by one of President Muhammadu Buhari’s aide, Bashir Ahmad, via...

The African Development Bank (AfDB) has approved two research grants worth $1.3 million to boost African women’s access to loans and micro-insurance. The grants, $1 million and $300,000, will be disbursed to two financial technology firms, Pula Advisors Kenya Limited, and M-KOPA Kenya Limited, through Africa Digital Financial Inclusion (ADFI)...

  First Bank of Nigeria Limited has announced its SME specific accounts designed to reinforce the Bank’s role in putting SMEs at an advantage whilst contributing to national growth and development. The SME accounts – which are in two variants – FirstSME Classic and FirstSME Deluxe – are offered to...

The Minister of State Industry, Trade and Investment, Mariam Yalwaji Katagum disclosed on Thursday that special focus will be given to 45per cent female owned Micro Small and Medium Enterprises (MSMEs) and five per cent for special needs owned MSMEs through the N75billion Survival Fund. She added that this grant...

SmallBusinesses in Nigeria have listed the most pressing problems impacting their operations to include obtaining finance, finding customers and infrastructure deficits. These are some of the findings from a survey of Micro, Small and Medium scale enterprises (MSMEs) in Nigeria conducted by PwC Nigeria. The survey findings were revealed during...