…journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.OPay, one of Nigeria’s leading fintech companies, has dismissed reports circulating on social media claiming that it plans to suspend or discontinue its operations in the country.The company gave the cl…

…facility management structures and selecting prospective manufacturers, processors and MSMEs. The second phase will involve bringing businesses into the hub, commencing production and introducing ITF-backed training programmes, while subsequent expansion will focus on infrastructure upgrades, additional investment and…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.The Federal Government has attracted more than $2 billion in investments for the development of Compressed Natural Gas (CNG) infrastructure and related value chains as it intensifies efforts to…

…behind 44-year marriage, knocks men who beat wives. Photo credit@davidoyedepoministriesmessage to men who beat their wivesThe cleric was blunt in his rebuke of domestic violence, telling the congregation that a man who raises his hand against his wife has no business doing so at home.PAY ATTENTION: From breaking news t…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.President Bola Ahmed Tinubu has directed the Nigeria Liquefied Natural Gas Limited (NLNG) to increase the domestic use of gas, reduce gas flaring and ensure that the country’s vast gas reserves…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Petrol depot prices increased in most major Nigerian markets between Monday, August 17 and Friday, August 21, 2026, as rising international crude prices and supply concerns linked to the Strait…

Nigerian MSMEs can apply for N13 million in funding through the CREM's Endowment Trust Grant Programme15 selected businesses will receive grants and business training to enhance operations and growthApplication deadline for the GETGP is August 20, 2026, urging eligible entrepreneurs to act promptlyPAY ATTENTION: Mark L…

…businesses. The state’s digital strategy is also being linked to a push to formalise SMEs, which Agbata identified as a major challenge. The ICT agency is working with the Ministry of Commerce to encourage businesses, including those operating in major markets, to register and participate in the formal economy. For bus…

…dependence on imports. The report stated, “BOI is channelling 35 per cent of funding to MSMEs, 80 per cent of Large Enterprise funding to priority sectors, 30 per cent of all large-enterprise funding to infrastructure, 15 per cent to women, 20 per cent of MSME funding to youth, 10 per cent to green projects, 15 per cen…

…journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.The Debt Management Office (DMO), on behalf of the Federal Government, has announced the reopening of three Federal Government of Nigeria (FGN) bonds worth a combined N1.1 trillion for subscription.Acco…

…this initiative will provide affordable clean energy solutions to one million Nigerian MSMEs. “Imagine one million businesses operating with lower production costs. Imagine millions of entrepreneurs reinvesting their savings into business expansion. Imagine increased productivity across every sector of our economy. Ima…

…expanded access to affordable finance for Micro, Small and Medium Enterprises (MSMEs), saying the twin reforms are critical to removing trade barriers and accelerating regional economic integration in West Africa. The resolutions were adopted at the close of the […] The post ECOWAS parliament backs customs harmonisatio…

…journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Governor Dauda Lawal has announced plans to revive Zamfara State's textile industry, cotton ginneries and oil mills as part of a broader strategy to generate thousands of jobs and stimulate economic gro…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.The cost of eating a healthy diet in Nigeria rose sharply in the first quarter of 2026, with households in some southern states facing significantly higher food bills than those in the north.A…

…opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises and young entrepreneurs across the continent,” she said.

…Government's economic support programme for Micro, Small and Medium Enterprises (MSMEs).The initiative is implemented by the Federal Ministry of Industry, Trade and Investment in partnership with the Bank of Industry (BOI).The programme is backed by a ₦50 billion fund designed to support up to one million nano business…

…to millions of Nigerians in the informal sector and small and medium-sized enterprises (SMEs). At the formal launch in Lagos, the Managing Director and CEO of Ultimate Health HMO, Otunba Lekan Ewenla, described the initiative as a significant milestone in broadening access to quality healthcare beyond the formal workfo…

…removal of trade barriers hindering the growth of Micro, Small and Medium Enterprises (MSMEs) across West Africa after traders and manufacturers decried persistent border bottlenecks, harassment and limited access to finance despite the bloc’s free movement protocols. The […] The post ECOWAS Parliament pushes removal o…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.The Lagos State Government has launched its 2026 skills development programme for tradesmen and artisans, targeting 1,200 beneficiaries in an eight-week initiative designed to boost productivit…

…a critical driver for navigating operational hurdles in African markets. The Head of SMEs, Partnerships and Collaborations at Ecobank Nigeria, Omoboye Odu, noted, “Entrepreneurs learn best from the experiences of those who have walked the journey before them. “Scaling Up!!! provides practical insights, inspiration, and…

…loan applicationThe Non-Interest Targeted Credit Facility (TCF) supports households and MSMEs affected by the COVID-19 pandemic. This loan finances essential assets for small businesses.Maximum facility amount: N2,500,000.00Tenure: 3 yearsMoratorium: 6 months (grace period before repayment starts)There are two categori…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Nigeria’s broad money supply increased to N133.25 trillion in June 2026, rising from N129.21 trillion in May, even as the Central Bank of Nigeria (CBN) maintained its benchmark Monetary Policy…

…policy reforms to unlock the growth potential of Micro, Small and Medium Enterprises (MSMEs), warning that millions of businesses across West Africa remain trapped in the informal sector with limited access to finance, markets and legal protection. The call was made on Monday at the opening of a joint committee meeting…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Nigeria has ranked as the best-performing country in West Africa for online gambling regulation, according to the first continent-wide assessment of the sector, published by Gaming Compliance I…

…Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.The Rural Electrification Agency (REA) has commenced construction of 48 interconnected mini-grid projects in 19 states, a move aimed at expanding electricity access to underserved communities t…