Nigeria’s SMEs: Resilient, Essential and in need of the Right Partners
October 5, 2026
By Aderonke Oluwadare Nigeria’s micro, small and medium sized enterprises remain central to the country’s economic growth, employment and household incomes. According to the NBS and SMEDAN MSME 2021 survey, as cited in PwC Nigeria’s MSME Survey 2024, MSMEs account for 96.9 per cent of businesses, 87.9 per cent[Read More…]
Understanding what happens to your money after a payment is just as important as completing the transaction. Picture a professional preparing for a trip. The flight must be booked, the hotel needs to be paid for and regular household expenses have not stopped simply because travel is approaching. There[Read More…]
The Court of Appeal in Abuja has cleared Fidelity Bank Plc of liability in a fundamental rights case involving Michael Kundera, overturning an earlier judgment of the Federal Capital Territory High Court. A three-member panel led by Justice Adebukola Banjoko delivered the judgment on 14 September 2026, allowing Fidelity[Read More…]
The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Mr Oluwaseun Faleye, has said the Fund has moved decisively from manual, top-heavy operations to a more digital, efficient and accountable institution in the last two years. Faleye disclosed this on Monday, when he received the Permanent[Read More…]
For many Nigerians, buying a new smartphone, laptop, television, refrigerator or other essential household appliance can become a difficult financial decision, particularly when the full cost has to be paid at once. The same challenge can arise when an unexpected electricity, data, cable or other bill arrives at a[Read More…]
Leading financial institution, Fidelity Bank Plc, has reaffirmed its commitment to supporting the growth and sustainability of Small and Medium-scale Enterprises (SMEs) through the Kano edition of its Quarterly Business Forum, which brought together entrepreneurs, business owners, industry stakeholders and customers to explore practical strategies for business growth[Read More…]
For many Nigerian businesses, the next growth opportunity may be located beyond the country. A fashion entrepreneur may source premium fabrics from Ghana. A pharmaceutical distributor may purchase essential products from Kenya. A manufacturer may pay suppliers across several African markets, while a technology company in Lagos may serve[Read More…]
… AFRIMA, California–Lagos Summit forge strategic partnership A new economic and cultural bridge between Africa and the United States is set to take shape in California, United States as Lagos State Governor Babajide Sanwo-Olu, Founder and President of the All Africa Music Awards (AFRIMA), Mike Dada,[Read More…]
Union Bank of Nigeria has been recognised for its leadership in gender inclusion, emerging as Most Outstanding Bank in Gender Inclusion at the Women in Marketing and Communications Conference and Awards (WIMCA) 2026, held on Saturday, 29 August 2026, at Landmark Event Centre, Victoria Island, Lagos. This award was[Read More…]
• Applications Remain Open for Students in STEM and Creative Industries Ecobank Nigeria has called on young Nigerians, particularly students, innovators, entrepreneurs, and creatives aged 16 to 25, to take advantage of the ongoing registration for InnovateX 2026, the Bank’s flagship youth innovation challenge offering ₦20[Read More…]