With about 70,000 micro, small and medium enterprises seeking various forms of financial intervention to take their businesses to the next level, there are concerns about the ability of the Development Bank of Nigeria (DBN) to meet such demands with its $1.3 billion (N398.45...

At its meeting presided over by the Vice President, Prof. Yemi Osinbajo, SAN, the National Economic Council, NEC, today endorsed a new funding regime for the oil and gas industry, eliminating the often arduous and onerous cash call regime which has dragged the industry...

The Federal Government has so far disbursed a total of N220.5 billion budget support facility to 35 states. Bauchi State Governor Mohammed Abubakar said Finance Minister Kemi Adeosun dropped the hint at the Council Chambers of the Presidential Villa in Abuja yesterday during the National...

The Minister of Industry, Trade and Investment, Mr. Okey Enelamah, has reiterated the Federal Government’s commitment to ending the current economic recession through strategic policies aimed at driving partnership between government and the private sector. This, according to him, will enhance funding support for the...

The Minister of Finance, Mrs. Kemi Adeosun, has urged Nigerian women to key into the Central Bank of Nigeria’s (CBN) N220 billion Medum Small and Mirco Entetprises (MSMEs) fund. She regretted that despite the fact that 62 per cent of the facility is for women,...

Out of a total of 37 million Micro Small and Medium Enterprises in the country, about five million, representing 13.51 per cent, are registered, the Corporate Affairs Commission has said. This indicates that 86.49 per cent of the MSMEs currently in operation are not registered...