The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has partnered with the Nigerian Postal Service (NIPOST) to offer a special 15 per cent discount on logistics services to small businesses.   

FG Set to Support Small Businesses With N75bn The Federal Government has set aside a N75 billion intervention fund to support small businesses in response to the country’s current economic challenges. The fund is expected to be disbursed, starting from March 2024 to strengthen the manufacturing...

Fed Govt Considers Another Tax Exemption For Small Businesses       The exemption of small businesses from the payment of tertiary education tax has been proposed in the draft Finance Bill 2020. This was disclosed by the Fiscal Policy Reforms Committee, established by the Ministry of Finance, Budget...

COVID-19: Small Businesses Count Losses, On Brink Of Collapse   Many Small and Medium Enterprises (SMEs) across Nigeria are beginning to run into losses and may likely collapse as a result of the negative effects of measures introduced by the federal and sub-national governments to contain...

60,000 Small Businesses Gets MFB N50bn Loans Hasal Microfinance Bank Limited has disbursed loans totalling N50bn to about 60,000 small businesses in Nigeria. According to the firm’s Managing Director/Chief Executive Officer, Rogers Nwoke, the loans were mainly disbursed to small business owners who could not access...

CAMA Act Amendment a Lifeline to Small Businesses President of the Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Paul Ruwase has lauded the passage of the Companies and Allied Matters Act (CAMA) Act amendment Bill by the Senate, just a he said the...