FATE Foundation, Nigeria’s leading non-profit, promoting business and entrepreneurial development in Nigeria, launched her maiden State of Entrepreneurship...
The National Association of Microfinance Banks (NAMB) has urged monetary authorities to widen the scope of their policy...
The Minister revealed that the FG will sustain its interest in the MSME sector for efficiency and growth.
Although the GDP Q4 2020 showed the economy has slipped out of the recession, the unemployment rate shows the country is still in the woods.
CBN reopened the portal for MSMEs and households affected by COVID-19 to access up to N25 million.
NAFDAC has committed to engaging MSMEs to harness the potential of trade and investment for economic growth and sustainability.
FG released guidelines to access the N75 billion MSME Survival Fund.
Globally, MSMEs are considered the critical engines of economic growth.
Sanwo-Olu said that this seed capital will be domiciled in the Lagos State Employment Trust Fund.
The sub-sector is characterised by huge financing gap, which hinders the development of MSMEs.
In Nigeria, deposit money banks are required to keep 65% loan to deposit ratio.
An overwhelming 94.3% of businesses surveyed reported being negatively impacted by the COVID-19 pandemic
