Category : Search result: small business funding Nigeria


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.

Mimiko: Boost Health, Education Investment Now

Ex-Gov Mimiko demands increased public spending on health and education, linking them to national development. He proposes a revamped school feeding programme and police decentralisation.

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.

Zenith Bank Awards N140m to African Tech Innovators

Zenith Bank empowers African innovators with N140 million funding at 2025 Tech Fair. Ten startups including Trust Loop and Cubbes Technologies receive grants and mentorship to scale their solutions.

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.

N50m Grants for 8 Young Nigerian Entrepreneurs

Mary Ojulari Foundation empowers eight young Nigerian entrepreneurs with N6.2m grants each after intensive Ignite Bootcamp. Discover how they are building scalable businesses.

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.

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.

FG Opens N50m Student Venture Grant Portal

Federal Government launches Student Venture Capital Grant offering up to ₦50 million equity-free funding for STEMM students. Apply now for mentorship and business support.

₦100m Bursary for 1,000 Ondo South Students

Senator Jimoh Ibrahim empowers 1,000 students in Ondo South with a ₦100 million bursary. Discover the flexible disbursement options and how this initiative supports education. Learn more about the JI Scholars program!

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.

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