MSME
20 Dec
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Bank of Industry (BoI) have signed a memorandum of understanding (MoU) for the disbursement of a N75 billion intervention fund
12 Dec
The Bank of Industry (BOI) said it has disbursed N22.89 billion to 29 manufacturers from the N75 billion intervention fund for the sector.
18 Nov
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
Latest
11 mins ago
The war of words between the Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, and a former governor of Kaduna State, Nasir El-Rufai, continued on Thursday with the former saying the latter’s comments on the Bola Tinubu’s government are not borne out of patriotism, but the need for vengeance. Bwala said this…
29 mins ago
Swedish police said Thursday five suspects have been arrested after a man who sparked outrage in Muslim countries by repeatedly burning the Koran was shot dead near Stockholm.
37 mins ago
A US commercial airliner with 64 people aboard and a military helicopter collided over Washington on Wednesday before crashing into the Potomac River, triggering a massive rescue operation that has pulled multiple bodies from the near-freezing water.
46 mins ago
Russian figure skaters including world champion couple Evgenia Shishkova and Vadim Naumov, who won the 1994 pairs title, were on board a US passenger jet that crashed in Washington on Wednesday, Russian news agencies reported.
51 mins ago
No fewer than 20 American mercenaries fighting on the side of Ukraine, have been reported missing in combat, with casualties among foreign fighters rising sharply over the past six months. CNN reported this on Thursday after conducting its own investigation. It said that foreigners have been dying on the Ukrainian front lines in growing numbers…
57 mins ago
The Nigerian Airspace Management Agency (NAMA) has clarified why United Airlines flight UAL 613 chose to return to Lagos rather than land at closer airports in West Africa after experiencing a mid-air emergency. The flight, which departed Lagos for Washington Dulles on 24 January with 256 passengers and 11 crew members, encountered a sudden loss…
59 mins ago
Former Manchester United captain Roy Keane says Marcus Rashford "must be ashamed" at his exile under Ruben Amorim.
1 hour ago
A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, underlining the Gulf city's economic boom.
1 hour ago
Former executive secretary of the National Health Insurance Authority (NHIA), Usman Yusuf, will be arraigned by the Economic and Financial Crimes Commission (EFCC) today. Yusuf was by operatives of the EFCC at around 4:30 pm on Wednesday on charges of alleged N4 billion fraud, among other allegations. Since becoming the head of the NHIA in…
1 hour ago
The lingering crisis rocking the pan-Yoruba socio-political organisation, Afenifere, has continued to fester with no end in sight. With the crisis taking a new twist on Wednesday, the Pa Reuben Fasoranti-led Afenifere frowned at the appointment of Dele Farotimi by the Chief Ayo Adebanjo faction as organising secretary. At a meeting on Tuesday, chaired by…