MSME
4 days ago
The Katsina State government has announced a N5 billion women empowerment scheme aimed at boosting micro, small, and medium-scale enterprises
8 Nov
The Job Creation and Micro, Small and Medium Enterprises (MSMEs) Secretariat (Office of the Vice-President) has entered into a partnership with Mr. Innocent Idibia (2baba) to galvanize public support for the MSMEs sector. The News Agency of Nigeria (NAN) reports that the partnership agreement was signed by Tuface and Mr Tola Adekunle-Johnson, the Senior Special…
6 Nov
The Federal Government has commenced the disbursement of N75 billion single digit loan to Micro, Small and Medium Enterprises (MSMEs) through the Bank of Industry (BOI). Mr Tola Adekunle-Johnson, the Senior Special Assistant to the President on Job Creation and MSMEs, made this known in Abuja at a nationwide town hall meeting to sensitise MSMEs…
5 Nov
The Federal Government, through the Bank of Industry, is set to disburse a ₦1 billion loan to boost Micro, Small, and Medium Enterprises (MSMEs) across the 20 local government areas of Bauchi State. The government had earlier announced a ₦75 billion intervention fund to support MSMEs across the country. While speaking in Bauchi on Tuesday,…
5 Nov
The Akwa Ibom State Manager of the Bank of Industry (BOI) Tolulope Toluwase has urged business owners to apply for the Presidential Grants and Loan Scheme for Micro, Small, and Medium Enterprises (MSMEs). The BOI official gave the advice in his remarks during the formal launch of the scheme on Tuesday in Uyo, Akwa Ibom…
5 Nov
The federal government, through the Bank of Industry (BOI), has set up a ₦75bn intervention loan for Micro, Small, and Medium Enterprises (MSMEs) in the country. BOI said the intervention loan is aimed at assisting the cost of production for 75,000 MSMEs in Nigeria. BOI Manager in Enugu State, Mrs Anulika Akabogu, stated this on…
17 Oct
For its significant contribution and transforming the Micro, Small, and Medium Enterprises(MSME) landscape in Nigeria, Enhancing Financial Innovation and Access (EFInA) has been honoured by Nairametrics Financial Advocates and Economic Forum Media at its 2024 MSME Finance Awards ceremony.
2 Oct
Despite that micro, small and medium enterprises (MSMEs) account for roughly 96 per cent of businesses and 84 per cent of employment in Nigeria and contribute almost half of the country’s gross domestic product
28 Aug
Vice President, Kashim Shettima, has disclosed that Micro Small and Medium Enterprises (MSMEs) account for 96 per cent of Nigeria’s businesses and 45 per cent of the nation’s economy.
26 Aug
Acting Managing Director/Chief Executive Officer of Infinity Trust Mortgage Bank (ITMB), Ngozi Chukwu, said the bank's N50 billion capital raising would transform the bank into a digital commercial bank with a focus
6 Mar
Federal Government has inaugurated an Empowerment National Micro, Small and Medium Scale Enterprises (MSME) Clinic in Ogun State to provide financial support to businesses for sustained growth and prosperity,
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President Bola Tinubu has stated that his administration's renewed focus on driving international and local investments into the livestock sector of the agricultural value chain will end the recurring crisis of farmer-herder clashes, eradicate hunger and poverty in Nigeria as well as promote economic prosperity. “What we are doing right now is that…
3 mins ago
From the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu came a revelation that between 2023 and 2024, the commission received 2,038 petitions, secured 31 convictions, and recovered assets and cash worth N105.82 billion. DAliyu made this known while hosting members of the House of Representatives Committee…
8 mins ago
The Nigerian Armed Forces have achieved an impressive haul of 15 medals on the first day of the wrestling competition at the ongoing 2024 African Military Games in Abuja, taking place at the Moshood Abiola National Stadium Abuja. The team secured five gold medals in women's wrestling, six silver medals in men's Greco-Roman wrestling, and…
8 mins ago
The Martin Amaewhule-led Rivers State House of Assembly has given the first reading to the Rivers State Commissions of Inquiry Bill,
22 mins ago
Jailed Hong Kong tycoon Jimmy Lai on Friday said he had advocated for "peaceful resistance" against China's erosion of the city's freedoms and tried to "reduce violence" during huge democracy protests in 2019. Lai has been giving evidence for three days in his trial for collusion with foreign forces, an offence carrying up to life…
22 mins ago
Corporate Accountability and Public Participation Africa has cautioned the House of Representatives against exposing Nigerians to tobacco-related health hazards. CAPPA, in a memorandum presented by Zikorah Ibeh to the Hon Bassey Akiba-led House Committee on Healthcare Services on Friday, in Abuja, described the proposed amendment National Tobacco Smoking Bill (HB1151) as flawed. CAPPA argued that…
28 mins ago
South Sudan security forces were investigating Friday a shootout at the home of the troubled nation's powerful former spy chief Akol Koor, who was sacked almost two months ago amid rumours of a coup plot. Gunfire erupted on Thursday evening in Juba, the capital of the world's youngest country that is plagued by power struggles,…
30 mins ago
Pep Guardiola has won 15 major trophies since taking charge of Manchester City but remains hungry for more after signing a two-year contract extension to take his stay at the Etihad beyond a decade. Since a difficult first campaign in 2016/17, Guardiola has won six Premier League titles in the past seven seasons, including an…
32 mins ago
The Ogun Area 1 Command of Nigeria Customs Service (NCS), Idiroko, on Friday, handed over Cannabis Sativa and Tramadol as well as other illicit drugs with Duty Payable Value (DPV) worth over N117 Million intercepted under an 11-month period to the state's Special Command of the National Drugs Law Enforcement Agency (NDLEA). The seizure, which consisted…