SMEDAN Targets 100,000 Youths Annually Through BRYNE
By Oluwakemi Kindness The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a new initiative to support more than 100,000 young Nigerian entrepreneurs annually. The agency unveiled the Building Resilient Young Nigerian Entrepreneurs (BRYNE) Project as part of activities marking International Youth Day 2026. SMEDAN said BRYNE will combine enterprise training, incubation, […]
SMEDAN Warns of Startup Investment Gap in Nigeria
By Oluwakemi Kindness The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has raised concerns over the shortage of investment-ready startups in the country, despite the availability of significant funding opportunities for entrepreneurs. Director-General of SMEDAN, Charles Odii, made the observation at the opening of the Abuja Centre for Entrepreneurship (ACE) Project’s Training of […]
Nigeria’s Import Duty Waivers Hit N34tn In 2025 – Customs
By Anayo Akwitti Nigeria’s import duty exemptions have climbed to ₦34 trillion in 2025, with the Nigeria Customs Service (NCS) attributing the surge largely to government-backed waivers on military hardware and strategic imports. The Comptroller-General of Customs, Bashir Adeniyi, disclosed this on Monday during an investigative session with the Senate Committee on Finance, explaining that […]
SMEDAN Launches Solar, Growth Drive for MSMEs in Kano
By Oluwakemi Kindness The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a clean energy and enterprise development programme aimed at reducing production costs and boosting competitiveness among MSME clusters in Kano State. The initiative, implemented under SMEDAN’s Enterprise Cluster Development (ECD) programme, will deploy solar energy solutions to selected business clusters […]
SMEDAN DG urges governors to boost MSMEs
By Oluwakemi Kindness Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, has urged state governors to establish more MSME development and skill acquisition centres and provide matching funds to accelerate the growth of small businesses across the country. Speaking at the 2026 World MSME Day celebration in Abuja at […]
Trade Minister Hails SMEDAN’s G.R.O.W. Nigeria Model for MSME Development
By Oluwakemi Kindness The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has commended the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) for its bold implementation of the G.R.O.W. Nigeria strategy. The strategy is a people-centred initiative designed to provide Guidance, Resources, Opportunities, and Workforce support for MSMEs across the country. Dr. […]
SMEDAN Rewards Young Talent with N5mn for Entrepreneurial Intelligence
By Oluwakemi Kindness The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has awarded a total of N5 million to three outstanding young Nigerian innovators at the SMEDAN Talent Hunt. This was in partnership with Microvis Microfinance Bank and Baobab Microfinance Bank which also gave other contestants consolation prize money. The competition, which focused […]