Fed Govt Disburses MSME Survival Fund To Tailors       The Federal Government has commenced the disbursement of its Micro, Small and Medium Enterprises Survival Fund to artisans in Lagos State. The Special Assistant to the President on MSMEs/DFIs, Tola Johnson, said so far in the Bariga cluster...

Lagos, Others Get More N75bn MSMEs Fund Beneficiaries       Lagos, Kano and Abia States will produce more beneficiaries than any other state and the Federal Capital Territory in the sharing of the Economic Sustainability Plan’s N75bn Micro, Small and Medium Enterprises Survival Fund. This was contained in...

2021 budget: Trade Minister Seeks N11.18bn For Industry         The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Thursday sought the approval of the Senate for the sum of N11.18bn for 2021. He said the ministry’s budget proposal comprised personnel cost of N3.02bn; overhead cost,...

Banks Provided N1.8trn, $1.36bn, €10.92m Loans To MSMEs - CBN         Based on the financing statements registered on the National Collateral Registry in respect of movable assets offered as collateral, lending banks availed credit amounting to N1.80tn, $1.36bn and €10.92m to Micro, Small and Medium Enterprises...

FCT, Lagos, Other Artisans To Receive N30,000 Grant – Presidency       The Presidency on Tuesday said the payment of N30,000 one-time grant to 330,000 artisans across the country under the Economic Sustainability Plan has commenced. The Senior Special Assistant to the Vice President on Media and Publicity,...

DBN Empowers 125 Entrepreneurs. ...Holds 2nd Capacity Building Program The Development Bank of Nigeria Plc(DBN) recently held a Capacity Building training workshop for 125 entrepreneurs in Lagos and Abuja, respectively. This is in furtherance of its mandate of building the capacity of the Micro, Small and...