The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, says the Federal Government has embarked on the development of a draft national policy on Micro, Small and Medium Enterprises (MSMEs). Adebayo, in a statement by his Special Adviser (Media) Ifedayo Sayo, on Thursday in Abuja, said the policy was among steps taken by the […]

By Providence Adeyinka A firm, Excite Enterprise, a digital business development and enterprise solutions provider, intends to debut in the Nigerian market with various simplified innovations, designed to lead Micro, Small, and Medium Enterprises, MSMEs, on the pathway to success and sustainability. Excite Enterprise delivers digital solutions geared towards the automation, promotion, and day-to-day management […]

The Federal Government says it will effect a change in Micro, Small and Medium Enterprises (MSMEs) Survival Fund and Guaranteed off-take Stimulus Scheme site from Nov.1 due to operational challenges. Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment and Chairperson of the Steering Committee of National MSMEs Survival Fund and Guaranteed off-take […]

The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention grant for Micro, Small and  Medium Enterprises (MSMEs), and cautions unsuspecting applicants against fraudsters. Mrs Mariam Katagum, the Minister of State for Industry, Trade and Investment, stated this at a news conference on the implementation process of the Survival Fund in […]

The newly signed Companies and Allied Matters Act (CAMA) 2020, if well implemented will enhance borrowings to the Micro, Small and Medium Enterprises (MSMEs) by financial institutions. Some stakeholders in the financial industry gave the submission at the 10th webinar series by DCSL Corporate Services Limited in Lagos. The News Agency of Nigeria (NAN) reports […]

Survival fund including payroll support for three months guaranteed off-take scheme and many others As part of efforts to support small businesses in Nigeria to survive the effects of the COVID-19 pandemic, the Federal Government as planned in the Economic Sustainability Plan is now set to implement a number of schemes to keep MSMEs afloat, […]

Nigeria’s real estate firm, Chinmark Group has reaffirmed its commitment to supporting the growth of Micro, Small and Medium Enterprises (MSMEs) in the country.

NAFDAC registration of MSMEs now discounted 80% for 6 months Zero tariffs for first 200 businesses to register on the e-platform Waiver on administrative charges The Federal Government has issued a set of palliatives to help MSMEs wade through the current economic fallouts of the COVID-19 pandemic. According to Vice President Yemi Osinbajo, SAN, these […]

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN),  has launched a nationwide mass registration programme that is designed to provide tailored and critical hand-holding services to the informal operators (medium,small and micro enterprises) in Nigeria.

Vice President Yemi Osinbajo said on Thursday the Federal Government would use the opportunities provided by the newly signed Finance Act to protect Micro Small and Medium-scale Enterprises (MSME) in the country. Osinbajo stated this during the launch of the MSME Clinic in Abakaliki, Ebonyi State. He said the act provided a wide range of […]

The sum was set aside by the Bank of Industry, BoI, in furtherance of the Buhari administration’s drive to support Micro, Small and Medium Enterprises, MSMEs.

Jumia: The role of micro, small and medium scale enterprises (MSMEs) in areas of promoting inclusive growth, increasing the country’s gross domestic product (GDP), creation of employment opportunities and wealth creation, the world over, can never be overemphasised. Their immense contributions to the growth of their micro and macroeconomics is the reason countries, developed and […]

Micro Small and Medium Enterprises (MSMEs) are agents of economic growth, job generation and poverty reduction all over the world. In Nigeria, they are playing an important role in income distribution, employment and wealth creation.

Minister for Industry, Trade and Investment, Otunba Niyi Adebayo, has declared that “Nigeria is open for business!” 

The Federal Government says its MSMEs clinic for businesses is strengthening and deepening the one- stop shop for business owners and operators in the country.