SMEs

Fidelity Bank Plc, has reaffirmed its commitment to advancing the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSMEs), positioning itself as a trusted partner beyond traditional banking and financing. This…

The Federal Government has cleared outstanding payments for more than 1,240 contractors in a move aimed at supporting businesses and projects. The Federal Government has approved the payment of outstanding fees owed to more than 1,240…

Ecobank Nigeria has launched the Ecobank Business App, a new digital banking platform designed to strengthen the growth and sustainability of Small and Medium Enterprises (SMEs) across Nigeria. The app allows business owners to manage…

The Lagos Chamber of Commerce and Industry (LCCI) has warned that the new 15 per cent import tax on petrol and diesel could worsen inflationary pressures and increase operational costs for businesses, particularly small and medium-sized…

The House of Representatives has said the decision to ban spirit drinks in sachets and PET bottles less than 200ml contradicted the Constitution of the Federal Republic of Nigeria, 1999 (as amended), and against the economic recovery plan…

The inability of many Nigerians to access cash for daily activities is beginning to impact livelihoods and productivity in the real sector negatively while pushing many businesses in the informal sector to the edge. Already, employers are…

“In 2015, the Association of Micro Entrepreneurs of Nigeria (AMEN) had more than 500 active registered members who regularly attend members' monthly business forum. But today, even the few surviving members can hardly afford to attend the…

The Executive Director of Civil Society Legislative Advocacy Centre (CISLAC) Auwal Ibrahim Musa, has stated that a whooping ₦617.3 billion funding gap has prevented the country 's Micro Small and Medium Enterprises (MSMEs) from realising…

In its efforts to encourage the informal sector to contribute to the nation's economy, SunTrust Bank granted N23.96 billion credit to small and medium scale enterprises (SMEs) in 2019 according to the bank’s annual report. The chairman,…

The Director-General, Securities and Exchange Commission (SEC} Lamido Yuguda said the commission is discussing with the Standards Organisation of Nigeria (SON) to develop appropriate rules for the operations of the Lagos Commodities and…