MSMEs

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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

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

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.

MSMEs financing: BoI deepens relationship with BDSPs

In a bid to deepen financing of Micro, Small and Medium Enterprises, MSMEs, in Nigeria, the Bank of Industry, BoI said it has set up mechanism to improve relationship with its over 200 Business Development Support Providers, BDSPs across the country.

BoI’s loan to Kaduna MSMEs hits N47bn

THE Bank of Industry (BoI) has disbursed loan in excess of N47billion to support entrepreneurs in Kaduna State in the micro, small and medium enterprises, MSMEs, category, Managing Director of the bank, Mr. Olukayode Pitan, has said. Pitan, who disclosed this at a meeting with the Kaduna State governor, Mallam Nasir el-Rufai, added that the loan facility engendered over 84,500 direct and indirect jobs.

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