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Nigeria: Small and Medium Enterprises - the Ultimate Beneficiaries of CAMA 2020
This Day, 17 November 2020
This article by Veronica Oyetunde seeks to focus on the key provisions in the recently passed Companies and Allied Matters Act 2020 (CAMA 2020), which she believes will enhance and… Read more »
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Nigeria: Multiple Taxes, Extortion Crippling SMEs in Abuja
Daily Trust, 22 November 2020
Small and Medium Enterprises (SMEs) in the Federal Capital Territory (FCT) are finding it difficult to thrive because of multiple taxes and other restrictions, an investigation by… Read more »
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Nigeria: Again, Economy Slides Into Recession, Second in Five Years
This Day, 22 November 2020
Analysts yesterday reacted to the news that Nigeria had officially entered another recession by urging the federal government to increase spending and encourage private sector… Read more »
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Nigeria: Minister Lists Govt Efforts At Promoting MSMEs Growth
Vanguard, 19 November 2020
The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, says the Federal Government has embarked on the development of a draft national policy on Micro, Small and… Read more »
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Nigeria: SMEDAN Unveils Digital Solutions to Support SMEs
This Day, 18 November 2020
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched three digital initiatives for small and medium enterprises (SMEs) to help boost sales and enhance… Read more »
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Nigeria: Of SMEs and Youth Unemployment
Daily Trust, 9 November 2020
I recently attended the founders meeting of an innovation and business academy in Kaduna. The founders wanted to create a one-stop shop for entrepreneurs. We had elaborate plans of… Read more »
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Nigeria: 'SMEs Key to Building Sustainable Economy'
This Day, 2 November 2020
Kwara State Governor, Alhaji AbdulRahman AbdulRazaq at the weekend said small and medium scale enterprises are very important in any effort to building a strong and sustainable… Read more »
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Nigeria: FRCN and Definition of SMEs
This Day, 2 November 2020
Innocent Okwuosa urges FRC to adopt universal definition of SMEs that is not constrained by local exigencies Read more »
'Taxes, Extortion Cripple Small Businesses in Abuja'
Small and Medium Enterprises (SMEs) in Abuja are finding it difficult to thrive because of various taxes and other restrictions, an investigation by Daily Trust's Taiwo Adeniyi and Chidimma Okeke says. This comes as the national government is developing a draft national policy on growing the SME sector. Nigeria, Africa's largest economy, is experiencing worsening economic conditions, including another recession and joblessness among the youth. The situation has been exacerbated by the Covid-19 pandemic, which has impacted the country's oil income.
InFocus
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The soaring cost of food and other necessities has impacted Nigerians as the economy slumps into recession. Measures taken to deal with the novel coronavirus have crippled economic ... Read more »
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Nigeria's re-emergence as Africa's biggest economy comes as South Africa slumps into its second recession in two years and severe load shedding by power utility Eskom frustrates ... Read more »
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According to the data released by the National Bureau of Statistics, the growth recorded in 2019 represents the highest quarterly growth performance since the 2016 recession. But ... Read more »
