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FG Begins Disbursement Of Trade Grants To NANO Business Owners

The Federal Government has commenced the disbursement of the N50,000 Presidential Conditional Grant Scheme, also known as Trade Grants Scheme, to Nano businesses nationwide. The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) classifies Nano businesses as enterprises that have one or two workers and less than N3 million annual turnover. The Minister of […]

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NDPC Seals Pacts With Lottery Commission, SMEDAN On Sectorial Regulation

The Nigeria Data Protection Commission (NDPC) has signed Memoranda of Understanding (MoU)  with the National Lottery Regulatory Commission (NLRC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), aimed at bolstering data protection initiatives across various sectors of the political economy. The NPDC’s Head, Media Unit, Itunu Dosekun, in a statement issued on […]

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FG, Agencies To Support 1.3Mn MSMEs In 17 States, FCT

The Federal Government, in collaboration with key MSME-focused agencies and development finance institutions, has unveiled plans to introduce some interventions targeted at 1.3 million MSMEs in 17 states and the Federal Capital Territory (FCTI in its drive towards job creation and improving the performance of the non-oil sector of the economy. The proposed initiative, which […]

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World MSME Day – SMEDAN, Casava Insurance Launch ‘Business Gro’ For MSMEs

As part of its programmes for the World MSMEs Day 2023, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has partnered Casava Insurance, a risk underwriting company with special focus on agribusiness, to facilitate voluntary registration and certification of MSMEs under SMEDAN and provide valuable support services for registered MSMEs in the country. […]

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NCC Intensifies Broadband Penetration Drive To Business Owners

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has reiterated the commission’s commitment to continually prioritize initiatives that accelerate broadband deployment to increase penetration and make internet connection readily available to telecom consumers. The EVC stated this at the 10th edition of Business 360 Clinics […]

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SMEDAN Promises To Increase Nigeria’s Export Earnings To $35Bn

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), on Thursday promised to  further support Micro, Small and Medium Enterprises (MSMEs) in the country and boost their contributions to  Nigeria’s export trade to raise Nigeria’s export earnings to $35 billion over the next five years. The Director-General of agency, Mr. Olawale Fasanya, made this […]

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SMEDAN To Establish Business Information Centres In 774 LGAs

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled plans to establish Business Information Centres in all the 774 Local Government Areas (LGAs) as part of its sustained drive to further positively impact on small and medium enterprises’ operations nationwide The agency’s Director General, Mr. Olawale Fasanya, gave this hint on Thursday […]

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SMEDAN Trains 90 Young Entrepreneurs In Anambra

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on Thursday flagged off training programme for 90 young entrepreneurs under its National Business Skills Development Initiative (NBSDI) in Anambra State. The agency’s Director General, Mr. Wale Fasanya, represented by Deputy Director in charge of Entrepreneurship Development and Promotion, Department, Mrs. Fatima Shaibu, inaugurated the […]

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NCC, SMEDAN Collaborate On Digital Scheme For SMEs

The Nigerian Communications Commission (NCC) has partnered the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a SME Digital Academy as part of the commission’s commitment to support initiatives targeted at adding value to the nation’s economy and good governance in the country. The SME Digital Academy is a public-private partnership initiative […]

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FG To Create Enabling Environment For Women Entrepreneurs

The Minister of State for Industry, Trade and Investment, Ambassador Mariam Katagum, has assured Federal Government’s   commitment to providing a conducive environment for women in business in the country. The Minister gave this assurance in her keynote address at the virtual launch of the Ebi Market Place, the first indigenous E-Commerce Market place platform for […]