The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a ₦500 million zero-interest Grow Fund to support micro, small, and medium enterprises (MSMEs).
‎The Development Bank of Nigeria (DBN) has crossed the N1 trillion mark in financing Micro, Small and Medium Enterprises (MSMEs), underscoring its growing role in expanding access to credit and supporting economic inclusion across the country.
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The Central Bank of Nigeria (CBN) has announced plans to recapitalise and restructure development finance institutions (DFIs) to address a widening funding gap for micro, small and medium enterprises (MSMEs).
The Federal Government has earmarked ₦11.76 billion in 2026 to support Micro, Small, and Medium Enterprises (MSMEs) and industrial revitalisation, according to allocations in the Appropriations Bill.
‎BOI Hits Historic ₦636bn Disbursement Milestone in 2025
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‎The Bank of Industry (BoI) has recorded its highest-ever annual financing performance, disbursing ₦636 billion to more than 7,000 businesses across Nigeria in 2025, reinforcing its position as the country’s leading development finance institution and a major...
