Tag
MSMES
News and stories about MSMEs
The administration of President Bola Ahmed Tinubu plans to expedite access to single-digit loans for MSMEs in Nigeria, recognizing the vital role they play in the economy.
The Development Bank of Nigeria (DBN) has been on an extraordinary journey of empowering MSMEs and driving sustainable development in Nigeria's economy.
Over 39 million MSMEs contribute 46.31% to GDP, with 96.7% of businesses, but policies & other factors affect the business environment.
Group Managing Director, C & I Leasing Plc, Ugoji Lenin Ugoji has said that domestication of policies and prioritizing areas of comparative advantage to make local industries competitive will drive sustainable growth in the manufacturing sector and the economy.
In the face of rising cost of doing business in Nigeria, small and medium scale enterprises have started leveraging on technology
A report by Nigerian fintech startup, Kippa has revealed that 51% of Medium and Small Business Enterprises (MSMEs) are located in the South West region of the country.
Access Bank has pledged to fund entrepreneurs and create market access for small businesses by putting them in the right community.
The CBN has established the Credit Guarantee Schemes to promote lending to MSMEs and remove barriers to their growth.
The CBN has released a guideline Credit Guarantee Schemes to solve the challenge of limited access to credit by MSMEs.
Dr Jumoke Oduwole has stated that the Business Facilitation Bill will provide incentives to encourage MSMEs participation in business.
Out of N134.67 billion disbursed to 37,273 AGSMEIS beneficiaries, 33% went to 12,511 female beneficiaries.
In a bid to ensure adequate financing, a number of Nigerian banks offer loans up to N500 million to help small businesses thrive.