The initiative could mobilize nearly $1.89 billion in private financing for more than 250,000 Nigerian small businesses but entrepreneurs must prepare to access the opportunities. Nigeria’s small and medium sized enterprises (SMEs) may be heading towards a significant financing opportunity as the World Bank Group moves to mobilize up to US$5.79 billion in private financing
LEARN MORE
Sell ₦6 Million More, Keep ₦2.5 Million Less The tax cliff every growing Nigerian SME must plan for before year-end Introduction Amaka runs a catering company in Lagos. This year she sold ₦49 million and kept ₦9.8 million in profit, tax free. Tunde runs an identical catering company, with the same kitchen, the same prices
LEARN MORE
Beyond Access to Finance: How MSMEs Can Build Credit-Ready Businesses The conversation around Micro, Small and Medium Enterprises (MSMEs) and access to finance often begins with one question: Where can businesses find the money they need to grow? But there is another question that deserves equal attention: Is the business ready to receive, manage and
LEARN MORE
How OPay and PalmPay Built Businesses Big Enough for the Public Markets – and What SMEs Can Copy Picasso had a saying: “good artists copy, great artists steal”, and we have always been shameless about stealing great ideas. – Walter Isaacson, on Steve Jobs Before you close this page to go report us: relax. Nobody
LEARN MORE
Low-Interest Financing: A Nigerian SME’s Guide to Cheap Money in 2026 With Nigeria’s benchmark interest rate held at 26.5% and commercial bank loans still costing SMEs between 29% and 36% a year, access to affordable credit remains one of the biggest constraints on small business growth. Yet several concessionary financing windows remain open and underused:
LEARN MORE
