Nigeria’s Credit Crisis: Why MSMEs must fix their credit habits now
By Seyi Asagun In Nigeria today, credit is more than just a financial tool — it is a business passport. ...
Tag: MSMEs
News and stories about MSMEs
UBA to empower female entrepreneurs, drive financial inclusion with N5 Billion BOI MSME Fund
Africa’s global bank, United Bank for Africa (UBA) Plc, has secured a N5 billion loan facility from the Bank of ...
NCGC: 80% of Nigerian MSMEs lack formal credit access amid rising economic pressures
An estimated 80% of Micro, Small, and Medium Enterprises (MSMEs) in Nigeria remain excluded from formal credit access due to ...
Dangote’s petrol distribution to save Nigerians N1.7 trillion annually, to boost 42 million MSMEs
Dangote Petroleum Refinery has revealed that its N720 billion investment in its landmark nationwide petroleum products distribution initiative will save ...
FG disburses N2.25 billion to 16,696 MSMEs in Gombe
The Bank of Industry (BoI), on behalf of the Federal Government, has disbursed N2.25 billion to support 16,696 Micro, Small, ...
Nigerian government announces N198 billion syndicated loan for MSMEs from Q1 2025
The Federal Government has announced a “N198 billion syndicated loan (fund)” to support Micro, Small, and Medium Enterprises (MSMEs) in ...
FG raises loan access for MSMEs to N5 million at 9% interest rate in 3 years
The Nigerian government has announced a significant boost to its loan offerings for small businesses, raising the maximum amount accessible ...
Bank of Industry raises $5 billion, plans N120 billion support for MSMEs
The Managing Director of the Bank of Industry (BoI), Mr. Olasupo Olusi, has disclosed that the bank has raised over ...
How a GAP analysis can help your small business identify financing needs for growth
how do you know exactly what kind of financing your business needs? This is where a GAP analysis kicks in, ...
Polaris Bank retains undisputable lead as Nigeria’s Digital Bank of the Year
Polaris Bank, Nigeria’s leading digital retail commercial bank, again at the weekend proved its digital dominance in the Nigerian banking ...
