Nigeria's Eastern ports in Port Harcourt, Onne, Warri, and Calabar are witnessing renewed activity under NPA boss Dr. Abubakar Dantsoho, contributing significantly to the authority's ₦1.28tn revenue target for 2025. New incentives, infrastructu… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Reforms boost eastern ports SMEs gain trade access By Enitan Ajebukola Ajewumi on August 28, 2025 Nigeria's Eastern ports in Port Harcourt, Onne, Warri, and Calabar are witnessing renewed activity under NPA boss Dr. Abubakar Dantsoho, contributing significantly to the authority's ₦1.28tn revenue target for 2025. New incentives, infrastructure upgrades, and security improvements are attracting more vessel traffic, cutting Lagos congestion, and opening cheaper trade routes for SMEs and exporters, especially in agriculture and manufacturing. Read also, Reforms boost eastern ports SMEs gain trade access 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 Stakeholders say consistent dredging, better access roads, and regional investment are still needed to fully unlock the ports' potential, which could create millions of jobs and boost SME competitiveness in AfCFTA trade.

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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.

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