NICA Seeks Low Interest Loans For MSMEs The National Institute of Credit Administration (NICA) has said the availability of loans with low interest rates and flexible repayment terms will boost the profitability of Small and Medium scale Enterprises. In a statement, the Chief Executive Officer of NICA,...

NICA Seeks Low Interest Loans For MSMEs The National Institute of Credit Administration (NICA) has said the availability of loans with low interest rates and flexible repayment terms will boost the profitability of Small and Medium scale Enterprises. In a statement, the Chief Executive Officer of NICA,...

Nigeria, Germany Partner to Bolster MSMEs in Nigeria – Minister The Nigerian and German governments have reached an agreement to enhance cooperation aimed at bolstering Micro, Small, and Medium Scale Enterprises (MSMEs) in Nigeria. Dr. Doris Uzoka-Anite, the Minister of Industry, Trade, and Investment, made this...

How Technology can Propel MSMEs to Prosperity in 21st Century, by Shuaib Shuaib Agaka   In the 21st century, technology assumes the dual role of a blessing and a curse for individuals. However, much like various aspects of life, the responsibility lies on the individual to...

DBN Raises N23bn To Support MSME   The Development Bank of Nigeria (DBN) has raised N23 billion in the first tranche of its N100 billion bond issuance programme to consolidate its support to micro, small and medium-scale enterprises (MSME). The instrument that will be due in 2028...

Devt Bank Loaned MSMEs N149bn in 2022 – Report The Development Bank of Nigeria report has revealed that about 105,000 micro, small, and medium-scale enterprises borrowed N149.6bn in 2022. This was disclosed in the Annual Integrated and Statutory Report 2022 released during the bank’s Annual General...