MSMEs

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FG cuts MSMEs registration cost by 50%

FG cuts MSMEs registration cost by 50%

The federal government has approved a 90-day special window, from October 1 to December 31, 2018, for Micro, Small and Medium Enterprises (MSMEs) to register their business at 50 percent reduction in cost from N10,000 to N5,000.

Wema Bank partners DBN to fund MSMEs

Wema Bank partners DBN to fund MSMEs

Wema Bank Plc said it has entered into partnerships with Development Bank of Nigeria (DBN) to improve access to cheaper funds for small businesses in Nigeria, recently.

Going cashless: Visa seals deal with LSG to digitize payments for MSMEs

Going cashless: Visa seals deal with LSG to digitize payments for MSMEs

In a committed efforts to educate and enable Nigerians to reduce their reliance on cash, Visa, the global leader in payments, today announced the launch of the Cashless Lagos Hackathon in partnership with Lagos Innovates, an initiative of the Lagos State Employment Trust Fund , LSETF.

Tax burden scares MSMEs from registering businesses

Tax burden scares MSMEs from registering businesses

Most Micro, Small and Medium Enterprises (MSMEs) in Nigeria are scared of registering their businesses due to fear of tax burden, Prince Degun Agboade, President of Nigeria Association of Small and Medium Enterprises (NASME) has said.

Live: #Vanguard holds Economic Forum Series on MSMEs

Live: #Vanguard holds Economic Forum Series on MSMEs

Vanguard Newspaper is today hosting the inaugural Economic Forum Series on MSMEs with the theme, “The Impact of Technology Adoption for MSMEs in a Changing Tax Policy and Regulatory Environment” at the Civic Centre, Victoria Island, Lagos by 10am.

MSMEs contributes N38.8trn to GDP – SMEDAN DG

MSMEs contributes N38.8trn to GDP – SMEDAN DG

The Director General of the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, Dikko Radda says the Micro, Small and Medium Enterprises, MSMEs contributes about N38.8 trillion (48.47%) to the nation’s Gross Domestic Product, GDP.