Tag Archives: MSMEs

Retail lender, Unity Bank Plc has deployed a new marketing campaign targeted at reaching millions of women entrepreneurs, especially the underbanked across Nigeria with its new retail product, the Yanga account. Starting this August, the lender shall deploy strategic marketing campaigns leveraging several channels including the traditional and digital media …

The number of micro, small and medium enterprises across the country dropped by about two million between 2017 and 2021, the Small and Medium Enterprises Development Agency of Nigeria stated on Monday. It said the country’s MSMEs reduced from about 41 million in 2017 to 39 million in 2021, as …

Unity Bank Plc says it has partnered with the National Association of Small and Medium Enterprises Partner to empower women-owned MSMEs. A statement said it received commendations for it’ssommitment to women empowerment at the NASME’s International Women’s Day celebrations Lagos, which was part of its efforts to foster sustainable and …

Governor of the Central Bank of Nigeria, Godwin Emefiele, on Saturday, said that the Federal Government needed about US$100 billion annually to address the nation’s infrastructure deficit. Emefiele made the disclosure at the 30th Anniversary Conference and Awards of the Finance Correspondents Association of Nigeria at Dover Hotel, Ikeja, Lagos. …

…Tasks Fiscal Authorities on Collaborations to Address Access to Finance, Infrastructure Needs The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has disclosed that the financing gap for MSMEs in Nigeria is estimated to be about N617.3 billion annually pre-Covid-19 pandemic. He revealed that less than 5 …

Prof. Mojisola Adeyeye, the Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), has said that Micro, Small and Medium Enterprises (MSMEs) are too critical a sector to be ignored. A statement signed by the Agency’s resident media consultant, Mr Olusayo Akintola quoted Adeyeye as …

Nigeria’s prompt exit from recession is a key indicator of the success of the ongoing Economic Sustainability Plan (ESP) approved by the Federal Government, the Presidency has said in a statement on Sunday in Abuja. The statement issued by Mr Laolu Akande, Senior Special Assistant to the President, Media and …

The Federal Government has commenced the execution of the sustainability measures contained in the Economic Sustainability Plan (ESP). The Vice President, Prof. Yemi Osinbajo, stated this at a webinar organised by Lagos Chamber of Commerce and Industry (LCCI) 2020 Presidential Policy Dialogue over the weekend. He said that the ESP …

The Nigeria’s Corporate Affairs Commission  (CAC) saddled with the responsibility of registration of new businesses in the country is presently experiencing server difficulties following breakdown of MainOne Communications infrastructure hosting its IT base. Investigation by Business Remarks revealed that businesses making use of the commission’s online services have suffered disruption …

The Director General of the Small and Medium Enterprises Development Agency of Nigeria, (SMEDAN), Dr Dikko Umaru Radda has extended the debt repayment moratorium for the One Local Government One Product (OLOP) beneficiaries from three months to one year. A statement from the Corporate Affairs Unit of the agency quoted …