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The Federal Government has introduced a new report designed to facilitate Micro, Small, and Medium Enterprises (MSMEs) in tapping into the $3.5 trillion African Continental Free Trade Area market by improving digital trade mechanisms.
The Bank of Industry (BOI) has announced that small and large enterprises in Nigeria are experiencing reduced production costs and enhanced operational efficiency due to access to an N825 million clean energy financing. This initiative is part of a broader environmental sustainability effort.
Dangote Group has announced plans to enhance its refinery, fertiliser, and polypropylene production, aiming to strengthen Nigeria's MSMEs and boost industrial development.
The Nigerian government has rolled out new presumptive tax rules aimed at simplifying compliance for Micro, Small, and Medium Enterprises (MSMEs) nationwide. The Minister of Finance indicated that the changes do not involve raising tax rates.
Vice President Kashim Shettima has called on various stakeholders to amplify support for Micro, Small and Medium Enterprises (MSMEs), highlighting their importance in driving economic growth and job creation in Nigeria. He made these remarks during a stakeholder meeting at the State House in Abuja.
The Nigerian government has launched a low-interest loan program aimed at 6,122 Micro, Small, and Medium Enterprises (MSMEs) to enhance productivity, entrepreneurship among youth, and job creation.
The Bank of Industry has received the green light from the Central Bank of Nigeria to initiate a Non-Interest Banking Window, enhancing ethical financing options for micro, small, and medium enterprises across the country.
