BOI Launches Digital Platform to Make Business Loans More Accessible
Nigeria’s Bank of Industry (BOI) has launched MyBOI, a new end-to-end digital platform designed to simplify how businesses access development finance and reduce some of the paperwork and processing barriers associated with loan applications. According to reports published today, the platform allows businesses to register, complete onboarding, undertake impact and sustainability assessments, submit financing applications […]
FG Steps Up Push to Unlock Finance for Small Businesses
Nigeria’s entrepreneurship ecosystem is seeing renewed attention on one of its most persistent challenges: access to affordable finance for small and growing businesses. Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has reaffirmed the Federal Government’s commitment to expanding MSMEs’ access to finance, markets, technology and other business-support systems, with an emphasis on helping […]
Nigeria Moves to Make Free Zones More Business-Friendly
The Federal Government has begun a major review of Nigeria’s Special Economic Zones (SEZs) regulatory framework, with the stated aim of protecting legitimate investors, reducing regulatory bottlenecks and addressing abuses of free-zone incentives. The reform committee includes the Federal Ministry of Industry, Trade and Investment, NEPZA, OGFZA, Customs, the Nigeria Revenue Service and other stakeholders. […]
New Opportunities Open for Nigerian Entrepreneurs
Nigeria’s entrepreneurship ecosystem is recording fresh developments today, with new opportunities emerging around enterprise infrastructure, financing, technology, exports and women-led businesses. A major development is the $12 million Abuja Centre for Entrepreneurship (ACE) being developed at the SMEDAN Industrial Development Centre in Idu, Abuja. The Federal Government says the centre will initially support 500 aspiring […]
₦2 BILLION SOLAR FINANCING: A NEW OPPORTUNITY FOR NIGERIAN SMEs
A major development in Nigeria’s entrepreneurship ecosystem is creating a new opportunity for small and medium-sized businesses struggling with the high cost and unreliability of electricity. Nigerian financial services company Nomba and renewable-energy financing company Synafare have committed ₦2 billion to finance solar energy systems for approximately 300 Nigerian SMEs over the next 24 months. […]
Investment Ready or Just Funding Hungry? Why Most Entrepreneurs Fail Before Meeting Investors
Every year, thousands of entrepreneurs across Africa search for grants, pitch competitions, and investors hoping to secure the funding that will transform their businesses. Yet, despite the abundance of funding opportunities, only a small percentage of founders successfully attract investment. This week, applications opened for the InvestoVilla Pipeline Development Program for Entrepreneurs (IPDPE) 2026, an […]
Nigeria’s Entrepreneurship Ecosystem Gains Momentum as Startups Secure Investment, MSMEs Receive Fresh Support
by AmforGod Olisa Nigeria’s entrepreneurship landscape continues to demonstrate resilience and renewed momentum as government agencies, private sector institutions, and development partners intensify efforts to support startups, Micro, Small and Medium Enterprises (MSMEs), and skilled entrepreneurs. Recent initiatives aimed at improving access to finance, business incubation, and regional investment opportunities signal a positive direction for […]
Nigeria’s $170.6 Million iDICE Fund Signals a New Era for Startup Financing
by AmforGod Olisa Nigeria has taken a significant step toward strengthening its innovation economy with the launch of a $170.6 million DICE Fund of Funds under the Federal Government’s Investment in Digital and Creative Enterprises (iDICE) Programme. The initiative represents one of the largest government-backed venture capital investments for technology and creative enterprises in Africa […]
NYSC Strengthens Entrepreneurship Training
by AmforGod Olisa Nigeria’s commitment to tackling graduate unemployment has received renewed momentum as the National Youth Service Corps (NYSC) continues to strengthen its Skills Acquisition and Entrepreneurship Development (SAED) programme. The initiative, which has become a cornerstone of the NYSC experience, is being expanded with a stronger emphasis on digital innovation, artificial intelligence, agribusiness, […]
Community Is the New Competitive Advantage for Entrepreneurs
By AmforGod J. Olisa The business world has changed dramatically. There was a time when having the best product or the lowest price was enough to dominate a market. Today, those factors still matter, but they are no longer enough. The businesses experiencing sustainable growth have discovered something far more powerful: community. Entrepreneurship is no […]