N24m Business Grants Awarded to 1,000+ Young Entrepreneurs
More than 1,000 young Nigerian entrepreneurs received N24 million in grants at the 2025 Young Ministers Retreat. Discover how this initiative is boosting MSMEs.
Category : Search result: MSME development
King Appolus Chu's Road Projects Transform Eleme Kingdom
Residents of Eleme Kingdom celebrate as monarch King Dr. Appolus Chu's visionary road network opens up the area, boosts land value, and improves security. Read about the community's dramatic change.
BOI, Tolaram Partner on MSME Development Hub
Bank of Industry partners with Tolaram's Lagos Free Zone to create an MSME hub, boosting non-oil exports via Lekki Deep Sea Port. Read how this drives Nigeria's economic transformation.
Lovonus MFB Launches Tech-Driven MSME Credit Plan
Lovonus Microfinance Bank unveils a five-year, technology-driven strategy to expand credit access for MSMEs and cooperatives. MD Adeola Ayibiowu details plans for digital growth and portfolio resilience. Read more.
N1.75trn NDDC Budget Must Deliver for Niger Delta
House Committee insists NDDC's N1.75 trillion 2025 budget must bring tangible development to Niger Delta communities. Chairman Ibori-Suenu vows rigorous oversight for accountability.
Egbin Power's Football Initiative Fosters Community Unity, Growth
Egbin Power Plc reaffirms its commitment to inclusive development through its annual football tournament, a key PCSR initiative empowering youth and strengthening community bonds in its host areas. Discover how the GenCo is investing in sustainable growth
Shettima Links Family Stability to National Development
Vice President Kashim Shettima declares stable families as the bedrock of Nigeria's cohesion and progress. Read his full remarks from a Makurdi wedding.
Ohanaeze Launches N85m Igbo Cultural Renaissance Drive
Ohanaeze Ndigbo announces N35m for Igbo studies chairs & N50m for new development bodies. New Enugu HQ nears completion. Leaders call for unity and global cultural projection.
Kaduna 2026 Budget: N100m Allocated to Each Ward
Kaduna State's 2026 budget allocates N100m to each of its 255 wards for grassroots projects. Education receives the largest share at 25% of the N985.9bn budget. Read details of the historic plan.
World Bank Approves $500m for Nigerian MSMEs
The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.
Lagos, NIOB Partner on Physical Planning and Development
Lagos State Government commits to collaboration with NIOB to enforce building standards, ensure safety, and promote sustainable urban growth. Learn about the new regulatory push.
UAE's $1bn AI for Development Initiative Targets Africa
The UAE has launched a $1 billion 'AI for Development' initiative to finance AI projects in Africa, aiming to enhance digital infrastructure, government services, and productivity across the continent.
Accion MFB Calls for Urgent Reforms to Finance MSMEs
Accion Microfinance Bank pushes for digital onboarding and value-chain financing to unlock credit for Nigeria's informal sector, crucial for 80% of jobs. Read the key reforms needed.
SMEDAN Seeks CBN License for New Microfinance Bank
SMEDAN applies to CBN to launch a microfinance bank for direct SME funding. Agency also targets formalising one million businesses and unveiling a new MSME policy in 2026.
FG Launches Working Group for Regional Development
The Ministry of Regional Development has inaugurated a Core Working Group to coordinate policies and promote inclusive growth across Nigeria's geopolitical zones. Learn about the strategy.
Lagos MSME Trade Fair Aims to Strengthen Grassroots Economy
Lagos State announces a week-long MSME trade fair to empower small businesses, foster economic inclusion, and create jobs. Event runs from December 8-14 at Surulere National Stadium.
Zamfara Gov Launches 10-Year State Development Plan
Governor Dauda Lawal unveils Zamfara's first comprehensive 10-year development roadmap, focusing on six key pillars to transform the state's economy and security. Read the full plan.
FCMB Named Nigeria's Best SME-Focused Bank for 2025
First City Monument Bank (FCMB) wins the 2025 Best SME Focused Bank award from CIBN, holding a dominant 24% of industry SME lending. Discover how they fuel Nigeria's top economic sectors.
$50m Credit Boost for Northern Nigeria MSMEs
British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.
BoI disburses ₦1.27tr to enterprises, supports 900,000 jobs
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
NACETEM Plans Tech Training for 1 Million Nigerians
NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create a skilled workforce for a knowledge-driven economy. Learn more about this tran
NACETEM Plans Tech Training for 1 Million Nigerians
NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create income opportunities.
NRC and SWDC to Revive Southwest Rail Routes
Nigerian Railway Corporation collaborates with Southwest Development Commission to operationalize unserviced railway routes, boost regional connectivity and economic growth in Southwest states.
BOI Unveils Business Clinic to Save Nigerian MSMEs
Bank of Industry launches structured Business Clinic model to address MSME survival crisis. Only 20% of Nigerian businesses survive past 5 years. New program targets 24,000 enterprises by 2027.
FirstBank Lends N200bn to Nigerian SMEs in 2024
FirstBank has disbursed over N200 billion to Nigerian SMEs, tackling funding gaps with uncollateralized loans and business training to foster economic growth.
Nigeria Drives Solid Minerals Growth at 2025 Summit
Nigeria's government outlines bold reforms for the solid minerals sector at the 2025 AGJEC/GGCE Summit, focusing on value addition, job creation, and empowering women and youth in mining.
Akume: NCDC to Bridge North-Central Development Gaps
SGF George Akume urges North-Central leaders to support new development commission addressing regional disparities. Federal Government initiative aims to boost cohesion and welfare.
Tinubu addressing Niger Delta development and security
President Bola Tinubu's Renewed Hope Agenda is delivering tangible results in the Niger Delta through strategic development initiatives and enhanced security measures. Learn how the administration is transforming the region.
Regional Development Agencies Fail Despite Billions
Nigeria's regional development agencies like NDDC and NEDC continue to underperform despite massive funding. New oversight model proposed to democratize operations and ensure accountability for better results.
Shettima, Elumelu Lead SMEDAN 2025 MSME Conference
Vice President Shettima and Tony Elumelu will headline SMEDAN's 2025 GROW Nigerian Conference in Lagos from November 16-18. Features policy sessions, exhibitions, and ₦20m pitch competition.
Page 1 of 4