Nigeria’s Entrepreneurship Ecosystem Is Entering a New Growth Cycle — Skills, Capital and Digital Capability Take Centre Stage
Nigeria’s entrepreneurship landscape is showing signs of a deeper transition. The conversation is increasingly moving beyond simply encouraging people to start businesses towards building enterprises that can acquire skills, adopt technology, attract capital and scale sustainably. One of the latest developments is the Federal Government’s commitment of more than ₦10.5 billion to a digital-skills programme […]
₦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. […]
Bankit Microfinance Bank Launches SME Grant Programme to Empower Nigerian Entrepreneurs
Nigeria’s small and medium-sized enterprises (SMEs) have received a fresh boost as Bankit Microfinance Bank unveiled its Bumper SME Grant Programme, a strategic initiative designed to provide financial support and business development opportunities for entrepreneurs across the country. The programme is part of the bank’s broader commitment to strengthening Nigeria’s entrepreneurial ecosystem while promoting digital […]
Beyond Loans: ProvidusUnity Bank and gener8tor Open New Investor Pathway for Nigerian Entrepreneurs
by AmforGod Olisa Nigeria’s entrepreneurship ecosystem is entering a period in which access to finance may increasingly depend on more than traditional bank loans, grants and government intervention programmes. In a significant move for the country’s startup and SME ecosystem, ProvidusUnity Bank has partnered with United States-based venture firm and accelerator gener8tor to launch the […]
SMEDAN Launchs ₦500 Million Zero-Interest Fund to Boost Nigerian MSMEs
In a significant move to strengthen Nigeria’s entrepreneurial ecosystem, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a ₦500 million zero-interest loan fund aimed at supporting Micro, Small, and Medium Enterprises (MSMEs) across the country. The initiative was unveiled as part of activities marking the 2026 International MSME Day and is […]
Over 60,000 register for student loan in one week — NELFUND
By AmforGod J. Olisa The Nigerian Education Loan Fund (NELFUND) has announced that over 60,000 students from Federal Government institutions have registered for the student loan program since the portal officially opened last Friday. In an update delivered at a post-application launch press conference in Abuja on Thursday, Managing Director and Chief Executive Officer Akintunde […]