NGX Group CEO, Temi Popoola, has said Nigeria's capital market will play a key role in expanding trade and investment with Brazil, with a focus on creating growth opportunities for SMEs. Speaking during President Tinubu's state visit to Brazil, P… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader NGX to boost SME growth through Nigeria-Brazil capital ties By Enitan Ajebukola Ajewumi on August 28, 2025 NGX Group CEO, Temi Popoola, has said Nigeria's capital market will play a key role in expanding trade and investment with Brazil, with a focus on creating growth opportunities for SMEs. Speaking during President Tinubu's state visit to Brazil, Popoola highlighted NGX's Growth Board for smaller firms, partnerships with the Bank of Industry, and alternative financing tools like crowdfunding. Read also, NGX to boost SME growth through Nigeria-Brazil capital ties Reforms cripple 7.2m nigerian SMEs Arigo unveils 7 digital platforms for SMEs MAN urges Federal Government to use local materials for Lagos airport fencing Nigeria targets $300m from shea industry as fg bans raw nut export He noted that Nigeria remains attractive to investors, while a new MoU between Nigeria's Bank of Agriculture and Brazil's development bank will strengthen SME-driven agricultural financing and joint projects

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Speaking at the Nigerian Economic Summit Group's half-year forum, he revealed that about 7.2 million SMEs have closed, citing a ₦13tn financing gap compared to the government's limited ₦75bn intervention. He stressed the need for banks and stake… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Reforms cripple 7.2m nigerian SMEs By Enitan Ajebukola Ajewumi on August 28, 2025 Speaking at the Nigerian Economic Summit Group's half-year forum, he revealed that about 7.2 million SMEs have closed, citing a ₦13tn financing gap compared to the government's limited ₦75bn intervention. He stressed the need for banks and stakeholders to provide targeted support, alongside building SME capacity to access and manage loans. Egbesola also lamented that few small businesses have been able to scale into larger enterprises in the past decade, describing the system as broken. Read also, Reforms cripple 7.2m nigerian SMEs Arigo unveils 7 digital platforms for SMEs MAN urges Federal Government to use local materials for Lagos airport fencing Nigeria targets $300m from shea industry as fg bans raw nut export "Nigeria targets SME-Led industrial growth" Manufacturers echoed similar struggles, with Flour Mills of Nigeria's CEO, Omoboyede Olusanya, noting that reforms have driven up costs, reduced consumer demand, and stalled expansion due to prohibitive interest rates. Analysts say while reforms like fuel deregulation and FX liberalisation were necessary, SMEs need urgent cushioning policies and financing structures to survive and grow.

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Arigo Technologies, a Nigerian tech firm, will on August 30, 2025, launch seven digital platforms in one day — a rare move aimed at showcasing Africa's innovation strength. Founder, Dr. Arinze Madueke, said the products, built within the Arigo In… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Arigo unveils 7 digital platforms for SMEs By Enitan Ajebukola Ajewumi on August 28, 2025 Arigo Technologies, a Nigerian tech firm, will on August 30, 2025, launch seven digital platforms in one day — a rare move aimed at showcasing Africa's innovation strength. Founder, Dr. Arinze Madueke, said the products, built within the Arigo Innovation & Incubation Hub, are designed to solve real business and lifestyle needs while creating opportunities for entrepreneurs and SMEs. Read also, Arigo unveils 7 digital platforms for SMEs MAN urges Federal Government to use local materials for Lagos airport fencing Nigeria targets $300m from shea industry as fg bans raw nut export "Nigeria targets SME-Led industrial growth" https://smallbusinessinsights.ng/qsm_quiz/sbi-five-4-ten-weekly-trivia-58th-edition/ The platforms include tools for professional networking, property transactions, events management, football communities, relationship support, and AI-driven business solutions, with one still undisclosed. Analysts say the unveiling could set new benchmarks for African startups, proving local talent can build world-class solutions that empower businesses, SMEs, and communities across borders.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. 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