SMEs are closing shops daily — NASSI laments
The Nigerian Association of Small Scale Industrialists, NASSI, has lamented the rate at which Micro Small and Medium Enterprises are shutting down operations on...
Development bank set to raise N23b to fund MSMEs
The Development Bank of Nigeria (DBN) has announced plans to raise N23 billion from domestic investors to provide funding to Micro, Small & Medium...
Lagos State bans hawking, trading on Third Mainland Bridge, Eko Bridge
The Lagos State Government has declared zero tolerance for street trading on the Third Mainland Bridge and Eko Bridge.
The riot act to street traders...
FG will ensure quick access to single-digit loans for MSMEs
Vice-President Kashim Shettima says the federal government will ensure quick access to single-digit loans for Nigerian small businesses.
“The government is working urgently to ensure...
FG promises to provide 24,500 MSMEs with energy-electricity appliances
The Rural Electrification Agency (REA) says it aims to provide 24,500 micro, small and medium enterprises (MSMEs) with energy-efficient electricity through the Productive Use...
Over two million nMSME businesses died in five years — SMEDAN
Over two million businesses in Nano, Micro, Small and Medium Enterprises (nMSMEs) subsector died between 2017 and 2021 and pushee more than six million...
POS operators give CBN ultimatum on cash withdrawal limit policy
The Association of Mobile Money and Bank Agents in Nigeria, AMMBAN, has said it is hopeful that the Central Bank of Nigeria will reverse...
Lagos Rotary Club earmarks N30million for SMEs
The Rotary Club of Lagos has announced it has set aside the sum of N30million for service projects which will grow economies within its...
Global Entrepreneurship Network empowers 2,000 Nigerian MSMEs
At the 2022 Global Entrepreneurship Week Award ceremony in Lagos, Olawale Anifowose, General Manager of the Global Entrepreneurship Network for Nigeria, said the initiative...
Lagos to support businesses via Business Summit
The Lagos State Employment Trust Fund has said it will partner with the organisers of the BusyBee Event Business Summit in its upcoming programme...