The Federal Government has said that Micro, Small and Medium Enterprises (MSMEs) contribute nearly 50 per cent of Nigeria Gross Domestic Product (GDP) and 80 per cent of the country’s total employment. The Minister of State...
The Minister of State, Federal Ministry of Industry, Trade and Investment, Mrs. Maryam Yalwaji Katagum, has said the Federal Executive Council (FEC) has finally approved the revised National Policy on Micro, Small and Medium Enterprises...
The Development Bank of Nigeria (DBN), has launched three products to promote the thriving of the Micro, Small and Medium scale Enterprises (MSMEs). The products are the Finance to Finance (F2F) product, Non-Interest Banking (NIB) product...
The federal government has extended registration for the payroll support scheme to enable some states meet their quota. According to the office the scheme’s chairman, Mariam Katagum, minister of state for industry, trade and investment the...
The Bank of Industry has warned members of the public that it is not undertaking any recruitment, hence they should be wary of fraudsters In a statement on Tuesday, the bank said: “The attention of the...
President Muhammadu Buhari was on Tuesday updated on the implementation of the Economic Sustainability Plan (ESP) by Vice President Yemi Osinbajo. Osinbajo’s spokesman Laolu Akande in a statement said it was the duo’s first official meeting...
The Federal Government has warned applicants for the MSME Survival Fund to beware of fraudulent websites demanding for account details so that applicants can get N50,000. This was disclosed in a release made available in Calabar...
Vice President Yemi Osinbajo has said that with the kind of impact and interest already generated among Nigerians by the ongoing implementation of the Survival Fund under the Economic Sustainability Plan, there is now a...
The Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr. Umar Dikko Radda, says agency is working to establish its own microfinance bank (MFB) to cater for financial needs of Micro Small and...
The Federal Government is continuing efforts to attain the top 70 in the World Bank Ease of Doing Business ranking by 2023 with the adoption of National Action Plan 6.0 (NAP 6.0). Vice President Yemi Osinbajo,...