SME

Business News

House of Representatives demands emergency summit on SME interest rates as Nigeria’s lending costs dwarf regional peers

Nigeria's House of Representatives has passed a motion calling on the Central Bank of Nigeria and commercial banks to urgently review lending conditions for micro, small, and medium enterprises, and…

Cascador, Sterling Bank launch $200m SME Credit Backstop Fund

FCMB posts 99% profit growth in H1 2026 as SME, retail banking drive performance

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Nigeria’s lending rate falls to 33.16% but SMEs still paying the price of slow monetary transmission

Business News

Mathesis Analytics secures investment to scale AI-powered credit decisioning for Nigerian SMEs

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Stanbic IBTC takes Nigeria Business Summit on the road to bring SME support beyond Lagos

SMEs Update

81% of Nigerian SMEs are optimistic about growth, but 69% cannot access the credit they need

Top stories

Nigerian SMEs spend 40% of profits on electricity as N48 trillion credit gap widens

SMEs Update

Market visibility emerges as critical factor for SME growth in Nigeria

SMEs Update

Infrastructure funding approvals expected to strengthen SME operations across Nigeria

SMEs Update

NCSP, NACCIMA move to unlock SME‑led industrial growth

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