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Recession: FG Eyes Real Sector, MSMEs for Recovery

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...

Adeosun: 62% of N220bn MSME Funds Reserved for Women

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,...

Over 80% of MSMEs Not Registered — CAC

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...

ECOWAS Commission, TEF Seal Pact on MSMEs Financing

The ECOWAS Commission and the Tony Elumelu Foundation have entered into an agreement to support Micro, Small and Medium Enterprises in the areas of financing, best practices, capacity building and access to regional and international markets. The Memorandum of Understanding is expected to run for...