Tag
MSMES
News and stories about MSMEs
Households and businesses in Lagos consume a combined 15.6 billion litres of petrol yearly according to a new report.
Micro, small, and medium enterprise (MSMEs) owners in Lagos State spend a staggering N5.3 trillion annually on petrol and diesel to power their businesses through generators.
As part of its ongoing efforts to champion initiatives aimed at advancing access to credit for sustainable projects across Nigeria, Access Bank Plc has officially launched its Sustainable Finance Accelerator Program.
The Federal Government of Nigeria has commissioned ultra-modern Micro, Small, and Medium Enterprises (MSMEs) Clinics Fashion, and ICT Hubs in Makurdi, Benue State, stating that it will create 40,000 jobs annually.
A new report by Price Waterhouse Coopers has revealed that up to 67% of MSMEs in the country have seen a decline in demand for their products in the last two years.
Unemployment motivated 51.6% of business owners in Nigeria's informal sector to start their ventures, according to the 2024 informal economy report by Moniepoint.
The Federal Government has announced a N650 billion facility to provide lower-cost short-term financing to youth-owned businesses, manufacturers, and Micro, Small, and Medium Enterprises (MSMEs) nationwide.
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in partnership with Sterling Bank Ltd., launched a N5 billion initiative called Databanc on Monday to bridge financial gaps for small businesses.
The Bank of Industry (BOI) has announced the extension of application for the Rural Area Program for Investment and Development (RAPID) for Micro Small and Medium Enterprises (MSMEs) and Community groups in rural areas to June 12.
The Development Bank of Nigeria (DBN) has announced that it has disbursed over N787 billion to more than 495,000 Micro, Small, and Medium Enterprises (MSMEs) since its inception up to 2023.
Despite the significant contribution of trade to job creation, particularly for micro, small, and medium enterprises (MSMEs), women-owned businesses encounter disproportionate challenges in accessing financing from banks
The federal government announced the launch of a N200 billion Presidential Intervention Funds (PIF) for Micro, Small and Medium Enterprises (MSMEs) and manufacturers in the country.