The Federal Government has announced that micro, small, and medium enterprises (MSMEs) across Nigeria will compete for prizes worth over N220 million in the upcoming 7th National MSMEs Award.Temitola Adekunle-Johnson, Senior Special Assistant to Preside… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG to reward MSMEs with over N220m in prizes By Busola Bamidele on March 3, 2025 The Federal Government has announced that micro, small, and medium enterprises (MSMEs) across Nigeria will compete for prizes worth over N220 million in the upcoming 7th National MSMEs Award. Temitola Adekunle-Johnson, Senior Special Assistant to President Bola Tinubu on Job Creation and MSMEs, made this known during a press briefing on Monday. He revealed that the registration portal will be open from March 7 to April 7, 2025, for all eligible businesses. Adekunle-Johnson emphasized the government's commitment to empowering small businesses, noting that persons with disabilities (PWDs) will have a special category in the awards. Read also: FG to reward MSMEs with over N220m in prizes ITF onboards 100,000 artisans for SUPA training programme SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 Katsina invests N105bn in agriculture, water to boost economy "This year, winners will receive shops, stores, cars, and cash prizes, while the overall winner will take home a house, store, car, and N20 million in cash," he said. The awards, which recognize businesses across ten categories, will be overseen by a screening committee including the National Information Technology Development Agency (NITDA), Standard Organisation of Nigeria (SON), and the Bank of Industry (BOI).

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The Industrial Training Fund (ITF) has announced plans to expand its Skills Upgrading and Professional Advancement (SUPA) programme by increasing the number of training centres from 800 to at least 1,500.According to Mr. Ogun, the first phase of SUPA tr… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader ITF onboards 100,000 artisans for SUPA training programme By Busola Bamidele on March 3, 2025 The Industrial Training Fund (ITF) has announced plans to expand its Skills Upgrading and Professional Advancement (SUPA) programme by increasing the number of training centres from 800 to at least 1,500. According to Mr. Ogun, the first phase of SUPA training, lasting six to eight weeks, will culminate in a certification exam. Successful candidates will proceed to Phase 2 for technical training in their chosen trades. Read also: ITF onboards 100,000 artisans for SUPA training programme SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 Katsina invests N105bn in agriculture, water to boost economy FG to invest $122bn in energy diversification The full list of 100,000 onboarded trainees will be published on both the SUPA website (www.supa.itf.gov.ng) and ITF's official website (www.itf.gov.ng). To enhance training quality, ITF is collaborating with original equipment manufacturers for bulk purchases of training equipment. Additionally, it is working with the Nigerian Employers Consultative Association (NECA) to secure job placements for graduates while finalizing a business incubation structure for entrepreneurship opportunities.

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Following Day 2 of the Omniverse Africa Summit, over 100 small business owners gathered for Cocktails & Conversations, an evening of networking and business insights. The event was highlighted by the presence of Charles Odii, Director General of … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader SMEDAN backs SME growth at Omniverse Africa Summit By Busola Bamidele on March 3, 2025 Following Day 2 of the Omniverse Africa Summit, over 100 small business owners gathered for Cocktails & Conversations, an evening of networking and business insights. The event was highlighted by the presence of Charles Odii, Director General of SMEDAN, reinforcing the agency's commitment to SME growth. SMEDAN shared the event on its official handle, recognizing its impact in fostering meaningful discussions. The session opened with an address by Markus Wauschkuhn, Cluster Coordinator at GIZ, setting the stage for an engaging panel moderated by Chalya Shagaya. Read also: SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 Katsina invests N105bn in agriculture, water to boost economy FG to invest $122bn in energy diversification FG to empower 480,000 NYSC members in tech, agriculture, entertainment Speakers included Zina Anumudu, Yasmin Belo-Osagie, and Theodora Mogo, who shared insights from their decade-long careers on turning passion into profit and leveraging digital innovation. This initiative marks the start of a nationwide series aimed at equipping SMEs with essential knowledge, connections, and strategies for success. Special thanks to Salamanca Tequila, 12 Baskets, and Drink Madala for their support.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110