Business Metro SMEs

Lagos charges MSMEs Council to create more capacity-building programmes

Reading Time: < 1 minutes Lagos State Government has charged the State Council on Micro, Small and Medium Enterprises (MSMEs) to create and drive programmes that would enhance the capacities of MSMEs to deliver on their mandate. Addressing members of the MSMEs in Ikeja at Quarterly Council Meeting on Wednesday, the Commissioner for Commerce, Industry and Cooperatives, Dr. Lola Akande, Read More…

Business Economy Featured SMEs

LCCI pegs COVID-19 loss by MSMEs in Lagos at N2.7bn

Reading Time: 2 minutes The Lagos Chamber of Commerce and Industry (LCCI)  says losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos is about N2.7 billion, due to the  recent Coronavirus (COVID-19) lockdown. LCCI’s Director-General, Dr Muda Yusuf, made this known on Sunday through the LCCI’s Economic and Business Review for 2020 and Outlook for 2021. Yusuf further attributed Read More…

Business Featured SMEs

CAMA 2020 expected to reduce regulatory burden on MSMEs – CAC Registrar

Reading Time: 3 minutes Alhaji Garba Abubakar, the Registrar-General, Corporate Affairs Commission (CAC), says the Companies and Allied Matters Act, 2020 (CAMA 2020) will reduce the burden of starting and running small businesses in Nigeria. Abubakar made this known in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja. He said that the provisions of Read More…

SMEs

CBN unveils non-interest guidelines for AGSMEIS, MSMEDF, others

Reading Time: 3 minutes The Central Bank of Nigeria (CBN) has unveiled guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS) and Micro, Small and Medium Enterprises Development Fund (MSMEDF). The CBN made this known in its latest guidelines released on its website on Tuesday. It said the 10 guidelines also included the Read More…