The Federal Government has announced a “N198 billion syndicated loan (fund)” to support Micro, Small, and Medium Enterprises (MSMEs) in the country, starting from the first quarter of 2025.
The Federal Government of Nigeria has introduced a new initiative for the 2024 MSME Week celebrations to acknowledge and incentivize innovative and resilient entrepreneurs who have demonstrated exceptional success in their ventures.
The Federal Government in collaboration with the Bank of Industry (BOI) has concluded plans to commence the disbursement of N75 billion to Micro, Small and Medium Enterprises (MSMEs) across the country by January 2024.