The Federal Government has unveiled a new initiative to help small and medium enterprises (SMEs) access long-term financing through the Nigerian capital market. The move follows the signing of a Memorandum of Understanding (MoU) between the Securitie… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG opens capital market access for SMEs to grow businesses By Enitan Ajebukola Ajewumi on October 17, 2025 The Federal Government has unveiled a new initiative to help small and medium enterprises (SMEs) access long-term financing through the Nigerian capital market. The move follows the signing of a Memorandum of Understanding (MoU) between the Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in Abuja. Under the agreement, at least 1,000 SMEs are expected to list on the capital market to raise funds for expansion and innovation. Read also, FG opens capital market access for SMEs to grow businesses Lagos calls creative MSMEs to harness tourism heritage for growth FG partners NDCCITMA NDDC to empower MSMEs in Niger Delta FG targets SMEs for capital market listing to boost growth FG partners private sector to boost SME growth The partnership is aimed at reducing dependence on costly bank loans while promoting transparency and job creation. Both agencies said the plan will open sustainable funding opportunities for over 40 million SMEs and strengthen Nigeria's private sector under the Renewed Hope Agenda.

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