The Central Bank of Nigeria, has said that over 28 million Nigerians still lack access to formal financial products and services in spite of a reduction in the country’s financial exclusion rate to 26% in 2023 from 46.3% in 2010. The CBN however said that the ongoing recapitalisation exercise will empower banks to take risks in underserved…
Vice President, Senator Kashim Shettima has inaugurated a fashion hub and Adire shared facility in Ogun State with a promise to continue to support Micro, Small and Medium Enterprises, MSMEs, in the country. Senator Shettima while addressing the people at the second expanded National MSMEs business clinic held at the June 12 cultural centre, Kuto,…
The National Agency for Food and Drug Administration and Control, NAFDAC, has rolled out strategies to help Micro Small and Medium Enterprises survive the temporary economic fallouts occasioned by the fuel subsidy removal. The Director-General of the agency, Professor Mojisola Adeyeye, made this known in a statement issued to newsmen in Abuja by NAFDAC media…
President Tinubu says his administration is committed to providing the necessary support for Micro, Small, and Medium Enterprises (MSMEs) to unlock their full potential and ensure their long-term success. Tinubu said this at the 2023 Edition of the Lagos International Trade Fair (LITF) organised by the Lagos Chamber of Commerce and Industry (LCCI) on Friday…