Home Topics MSMEs


NASSI backs federal government’s planned forex restriction on dairy products

The Nigerian Association of Small Scale Industrialists (NASSI) has said that forex restriction on imported dairy products would uphold indigenous companies into milk processing and spur local production.

Fidelity Bank’s loan-to-deposit ratio hits 80%

In line with its mandate of growing its customer base and the Micro Small and Medium Enterprises (MSMEs) sub-sector, Fidelity Bank of Nigeria Plc on Thursday said its loan to deposit ratio is well over 80 per cent, confirming its robust support for Nigerian entrepreneurs.

NASSI partners centre to boost MSMEs in Nigeria

The Nigerian Association of Small Scale Industrialists (NASSI), says it is partnering with the Centre for International Private Enterprise (CIPE), U.S.A, to improve Micro, Small and Medium Enterprises (MSMEs) in Nigeria.

Fidelity Bank: We’ve disbursed N9.6 billion to MSMEs

Fidelity Bank Plc says it has disbursed N9.6 billion to Micro-Small and Medium Enterprises (MSMEs), from the Development Bank of Nigeria (DBN) fund being administered by participating deposit money banks.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank’s collateral-free loan targets 30, 000 MSMEs in 2019

Access Bank Plc is offering collateral-free financing support targeting 30, 000 Micro, Small, and Medium Enterprises (MSMEs) this year alone.
Vice President Yemi Osinbajo stated this at the end of a four week-training for 1500 youths who participated in the N-Creative programme held in Benin.

VP Osinbajo: Nigeria’s future bright

Corporate Affairs Commission, CAC, Vice President, Yemi Osinbajo, has again reassured that Nigeria’s future is bright going by the progress being made by the Micro, Small and Medium Enterprises (MSMEs).
Vice President Yemi Osinbajo attended a church service on Sunday at the RCCG Regional Parish in New York, United States, where he gave a sermon and also prayed fervently for Nigeria 3

VP Osinbajo: What Nigeria’s future prosperity depends on

Vice President Yemi Osinbajo says that future national prosperity will be consummated by the handshake between the business environment, talents and creativity.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank: We granted N37 billion in loans to SMEs in 2018

Access Bank Plc has said it granted up to N37 billion in loans to its Small and Medium Enterprises (SMEs) customers in 2018.

Report: SMEs key drivers of innovation in Nigeria

The 18th report from the GE Global Innovation Barometer report has stated that multinationals as well as Micro, Small & Medium Enterprises (MSMEs) remainkey drivers of innovation in the Nigerian economy.
Chinedum Orji

World Skills Day: Abia speaker restates commitment to youth empowerment

The Speaker, Abia State House of Assembly, Rt Hon. Chinedum Orji, MNSE, has reiterated his commitment to the empowerment of youths in the State, saying that nations will fare better and the world will be more peaceful and secure if particular attention is paid to the empowerment of youths through skills acquisition.
National Bureau of Statistics NBS

Medium scale enterprises drop by 60 per cent – survey

A report by the National Bureau of Statistics (NBS) in collaboration with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has indicated that Medium scale enterprises dropped significantly by about 60 per cent, due to economic recession that spanned through 2017.
National Bureau of Statistics NBS

NBS: MSMEs generated 60 million jobs in 2017

The National Bureau of Statistics (NBS), has put the quantum of jobs created by Micro, Small and Medium Enterprises (MSMEs) at 59,647,954 jobs as of December 2017, stressing that five per cent or 2,889,715 of those jobs were created by Small and Medium Enterprises (SMEs).

AfCFTA: NANTS urges federal government to boost MSMEs funds

President Muhammadu Buhari had on July 7, at the 12th Extraordinary Summit of African Union (AU) Heads of State and Government in Niamey, Niger Republic signed the agreement establishing the AfCFTA.

Nsukka pepper: MSMEs registration surges in South-East – NAFDAC

National Agency for Food, Drug Administration and Control (NAFDAC) says `Nsukka pepper’, a popular local pepper spice, has pushed Medium, Small and Micro Enterprises (MSMEs) seasoning registration in South-East.
China's Yuan

Nigeria-China currency swap: Manufacturers groan over Renminbi access

Almost 70 per cent of Nigeria’s imports come from China and other Asian countries, while a paltry 12 per cent comes from the United States of America. This must have, no doubt, influenced the decision of the Federal Government to negotiate a currency swap deal with China.

Nigeria plans to implement N500 billion facility for non-oil sector

The Central Bank of Nigeria, CBN, has said the Apex bank plans to implement N500 billion facility aimed at supporting the growth of non-oil exports, which would help to improve non-oil export earnings.

Group urges youths to enrol in MSMEs to access central bank loan

Mr Olanrewaju Longe, Coordinator of Unemployed Graduates of Nigeria (UGN) Ondo State Chapter, has urged youths to embrace Micro, Small and Medium Enterprises (MSMEs) training to access Central Bank of Nigeria’s (CBN) intervention loan.
Special Adviser to President on Micro, Small and Medium Enterprises (MSMEs), Mr Tola Johnson (Middle) during a press briefing on MSMEs in Abuja.

Presidential aide lauds NAFDAC for suspending MSMEs tariff hike

Mr Tola Johnson, a Presidential Aide, has commended the National Agency for Food and Drug Control (NAFDAC) for suspending its recent hike of tariffs of Micro, Small and Medium Enterprises (MSMEs).

Recent Stories

Wilfried Ndidi is mobbed by his Leicester teammates after equalising with a second-half header. Plumb Images-Leicester City FC via Getty Images

Wilfred Ndidi: Leicester City should have defeated Chelsea

Wilfred Ndidi believes Leicester City should have claimed the three points against Chelsea in their Premier League game on Sunday.
The immediate past deputy governor of Gombe State, Mr. Charles Iliya, has surrendered some luxury vehicles in his possession to the committee constituted by the state governor Alhaji Muhammad Inuwa Yahaya, to recover government property improperly disposed by the past administration of Dr. Ibrahim Hassan Dankwambo.

Gombe governor visits Kwami council secretariat, meets only revenue officer

The governor of Gombe State, Inuwa Yahaya, on Mondy paid an unscheduled visit to Kwami Local Government Area secretariat located in Mallam Sidi area of the state.
Uli Hoeness

Uli Hoeness confirms he will step down as Bayern Munich president

Uli Hoeness has confirmed he is stepping down as president of Bundesliga giants Bayern Munich and will not stand for re-election in November.
There is no cause for panic at Chelsea just yet, says Ashley Cole, but there are issues for new boss Frank Lampard to address.

Ashley Cole: No need for Chelsea to panic yet

There is no cause for panic at Chelsea just yet, says Ashley Cole, but there are issues for new boss Frank Lampard to address.
(Files) The leadership of the Joint Action Committee of NASU and SSANU at a meeting on September 6, 2017 in Abuja.

NASU, SSANU commence warning strike

Members of the Non-Academic Staff Union (NASU) and the Senior Staff Association of Nigeria Universities (SSANU) have commenced a five-day industrial action.