MSMEs contributes N38.8trn to GDP – SMEDAN DG

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:June 13, 2018
  • Reading time:2 mins read

The Director General of the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, Dikko Radda says the Micro, Small and Medium Enterprises, MSMEs contributes about N38.8 trillion (48.47%) to the nation’s Gross Domestic Product, GDP. Mr. Radda stated this on Tuesday while delivering a keynote speech at the Stakeholders’…

Continue ReadingMSMEs contributes N38.8trn to GDP – SMEDAN DG

BoI partners SMEDAN, NEXIM to ease SME loans

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:May 24, 2018
  • Reading time:2 mins read

The Bank of Industry (BoI) said it has initiated moves with the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) and the Nigeria Export and Import Bank (NEXIM) to simplify loans to small and medium enterprises (SMEs) in the country by de-risking its loan portfolios to small businesses. Managing…

Continue ReadingBoI partners SMEDAN, NEXIM to ease SME loans

CAC registration: SMEDAN assists 14,000 MSMEs in 2017

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:May 8, 2018
  • Reading time:3 mins read

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) said it assisted about 14,000 Micro Small and Medium Enterprises (MSMEs) operators in Nigeria to formalise their businesses through registration with Corporate Affairs Commission (CAC) and opening of bank accounts. Director General of SMEDAN, Dr. Dikko Umaru Radda, who disclosed…

Continue ReadingCAC registration: SMEDAN assists 14,000 MSMEs in 2017

SMEDAN, others train prison inmates on Entrepreneurship

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:April 26, 2018
  • Reading time:2 mins read

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) said it has trained 576 prison inmates since 2009, noting that 146 of those released have since started their own businesses. Lagos State Coordinator of SMEDAN, Mr. Yinka Fisher, who disclosed this, also said that a new set of 52…

Continue ReadingSMEDAN, others train prison inmates on Entrepreneurship