NCR To Boost MSMEs Lending By Over N1.23tn   The Central Bank of Nigeria has said that the National Collateral Registry would boost lending by financial institutions to the Micro, Small and Medium Enterprises by over N1.23tn. The CBN Governor, Mr Godwin Emefiele, said this on Monday...

DBN Targets MSMEs With N70bn Loans In 2019   The Development Bank of Nigeria says it has set a target to disburse loans worth N70bn to Micro, Small and Medium Enterprises in 2019. The Managing Director, DBN, Mr Tony Okpanachi, said on Thursday that the bank, in...

We'll Increase Power Supply To MSMEs To Cut Down Cost - Osinbajo   The federal government will within the next one year provide stable electricity power to 80,000 shops, 320,000 micro, small and medium scale enterprises (MSMEs) in 16 economic clusters across the country to help...

Nigeria’s SMEs Get AfDB Support Of $50m Via Sterling Bank The African Development Bank has offered a US$50 million line of credit to Nigeria’s Sterling Bank Plc to support micro, small and medium sized enterprises (MSMEs) in strategic sectors, including agriculture, renewable energy and social...

MSMEs key To Economic Growth Says Osinbajo The Vice President, Prof. Yemi Osinbajo, yesterday said it was no longer possible to achieve a robust growth trajectory as well as realise the much desired inclusive growth without proper attention to the Micro Small and Medium Enterprises...

NEXIM Bank Boss Seeks Speedy Passage Of Factoring Bill   The Managing Director/ Chief Executive, Nigerian Export -Import Bank (NEXIM), Mr. Abba Bello has said the expedited passage of the Factoring Assignments (Establishment) Bill by the National Assembly will present better financing alternative for cash-strapped micro,...