Although the Federal Government has announced plans to roll out a N2.3 trillion stimulus package and survival fund for Micro Small and Medium Enterprises (MSMEs) to stay afloat amid the economic challenges imposed by COVID-19

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), has described innovation as pathway to survival of Micro, Small and Medium-scale Enterprises...

Micro, Small and Medium Enterprises (MSMEs), have been generally acknowledged as the backbone to the success of developed nations, where they have gained much popularity.

Vice President Yemi Osinbajo says the Federal Government, through the National Economic Sustainability Plan (NESP), is set to implement a number of schemes to keep Micro Small and Medium Enterprises(MSMEs) afloat.

The Federal Government has assured a coalition of private-sector operators of a N65 billion-stimulus package that would assist them as they face the long-term effect of the COVID-19 pandemic.

About 40 Micro, Small & Medium Enterprises (MSMEs) will benefit from a N2 million facility each, offered by the Rotary District 9110, Nigeria, covering Lagos and Ogun states, respectively.

The Federal Government’s move to roll out new set of palliatives for Micro Small and Medium Enterprises (MSMEs) is commendable, as millions of such businesses have no support in any form despite being the bedrock of the economy, the execution plan is the challenge at the moment.

Vice President Yemi Osinbajo, says the Federal Government has set up palliatives to assist Micro Small and Medium Enterprises(MSMEs) survive the economic fallout of the COVID-19 pandemic.

Africa Union Development Agency (AUDA-NEPAD), and Ecobank Group have disclosed plans to collaborate in establishing a continental framework to support African Micro and Small-Medium Enterprises (MSMEs).

The COVID-19 outbreak has fundamentally changed everything from livelihoods to individual lifestyles. With the rapid spread of the novel virus in Nigeria, business activities have slowed down and in some cases come to a halt as people are forced to stay indoors to limit the spread. Considering the current internal and external economic realities, the Federal Government, through the CBN, has taken measures to reduce the impact on Nigerians.

The three months moratorium on loans to Micro, Small and Medium Enterprises (MSMEs) granted by Lagos State Governor Babajide Sanwo-Olu is a reprieve of about N410 million, it was learnt yesterday.

To create more jobs and enhance productivity, capital market investors have urged Nigerian banks to reduce the cost of credit to the Micro Small and Medium Enterprises (MSMEs)