Cross River Clears 500 for SME Loans at 5% Interest
Cross River State approves 500 entrepreneurs for SMEDAN-Sterling Bank loans at 5% interest rate. Governor Otu's initiative aims to boost small businesses and economic growth across the state.
Category : Search result: small business crisis
US Woman Funds Ghanaian Partner's Poultry Farm
An American woman moves to Ghana to support her boyfriend's poultry business, sparking mixed reactions online about investing in relationships.
98% of Nigerian Workers Exempt from Income Tax by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
98% of Nigerian Workers Exempt from Income Tax
Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.
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.
$50,000, Free Tablets for SMEs at AfCFTA Summit
Nigerian SMEs can win $50,000 in AWS credits and free tablets at the Mentor Matchup Challenge 7.0 summit in Lagos on Dec 4-5. Learn how to scale your business for AfCFTA markets.
Why I Married Five Wives - Kano Yam Seller
Ibrahim Yahaya, a Kano man selling fried yam in Warri, reveals why he married five wives and how Tinubu's economic policies affect his business. Read his survival story.
Alim Abubakre Appointed to BCA Board, Strengthens UK-Africa
Dr Alim Abubakre's appointment to the Business Council for Africa board marks a strategic move to enhance UK-Africa business relations, governance, and leadership development. Discover how this shapes continental prosperity.
Mayor of Housing Urges Akwa Ibom Business Resilience
My-ACE China advises Akwa Ibom businesses to think creatively despite government challenges. Investors highlight CofO delays, ease of doing business issues affecting local entrepreneurship.
Lady Marks 7 Years of Consistency in Akara Trade
A Nigerian entrepreneur celebrates 7 successful years in her akara business. Her viral TikTok video inspires thousands with message of consistency and hard work in Nigeria.
Akiolu Seeks Probe of Security Aiding Arms Proliferation
Oba of Lagos, Rilwan Akiolu, has urged the new zonal commander for small arms control to investigate security personnel complicit in the spread of illegal weapons in Southwest Nigeria.
Lagos Monarch Demands Action on Small Arms Proliferation
Oba of Lagos calls on NCCSALW to address small arms spread in Southwest, identifies security personnel complicity. Monarch also questions WAEC computer-based exams readiness.
Lady Turns Balcony into Mini Skincare Shop in Nigeria
A young Nigerian entrepreneur transforms her balcony into a functional skincare and perfume shop. Watch the viral TikTok transformation that inspired thousands online.
Tailor's 24-hour dress delivery gets viral praise
A Nigerian tailor delivered a custom dress within 24 hours and received overwhelming praise from her customer via voice note. The customer became the center of attention at an event and received money sprays due to the stunning outfit.
Nigeria Tells UN to Stop 'Naming and Shaming' on Security
Nigeria urges international community against 'naming and shaming' over security challenges. Envoy highlights illicit weapons impact on Sahel region. Read full details.
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
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.
New Capital Gains Tax Rules Protect Small Investors
Federal Government clarifies new progressive Capital Gains Tax rates from 0% to 30% starting January 2026. Small investors get exemptions while large corporations face higher rates. Learn how this affects your investments.
NAFDAC Bans Sachet Alcohol from December 2025
NAFDAC announces December 2025 deadline for complete ban on alcoholic beverages in sachets and small bottles under 200ml to curb youth addiction and social vices.
NAFDAC Bans Sachet Alcohol in Nigeria
NAFDAC orders a complete ban on alcoholic beverages in sachets and small bottles below 200ml by December 2025 to protect public health, especially minors.
Elon Musk Could Become First Trillionaire After Tesla Deal
Tesla shareholders have overwhelmingly approved Elon Musk's record-breaking compensation package worth nearly $1 trillion, potentially making him the world's first trillionaire and signaling strong confidence in Tesla's future growth.
African Food & Tourism Festival Boosts SME Growth
Discover how the upcoming African Food & Tourism Festival aims to revolutionize culinary tourism and empower small businesses while celebrating Africa's rich cultural heritage.
Court freezes Indian businessman's assets over ₦9.5B debt
Federal High Court in Lagos issues restraining order against multiple banks from dealing with Indian businessman and his companies amid massive debt dispute with Nigerian firm.
N100,000 Grant for Petty Traders: Apply Now!
Federal Government launches new portal for petty traders to apply for N100,000 grant. Batch C beneficiaries list released. Application process simplified for small business owners across Nigeria.
IVM Boss: Banking Bottlenecks Hurt Nigerian Manufacturers
IVM's Managing Director Mitchell Elegbe advocates for strengthened local content policy while highlighting banking sector challenges crippling Nigerian manufacturers' competitiveness.
December in Nigeria: When Celebration Becomes Business
Discover how Nigeria's festive December period has transformed into a massive commercial enterprise, driving economic activity across retail, travel, and entertainment sectors.
Nigeria Businesses Eye China Trade Boost at Shanghai Expo
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
AstraZeneca Profit Soars with 19% Revenue Growth
British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.
Nollywood's Money Secrets: How Films Really Profit
Discover the surprising business models and revenue streams that power Africa's largest film industry beyond just cinema tickets and streaming deals.
Dangote Refinery Slashes Diesel Price to ₦1,000/Litre
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
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