Nigeria is moving closer to formalising its digital economy as the Senate partners with the Stakeholders in Blockchain Association of Nigeria (SIBAN) to draft a legal framework for cryptocurrency and blockchain operations. At an interactive session w… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Senate, SIBAN push legal framework to boost blockchain SMEs By Enitan Ajebukola Ajewumi on September 5, 2025 Nigeria is moving closer to formalising its digital economy as the Senate partners with the Stakeholders in Blockchain Association of Nigeria (SIBAN) to draft a legal framework for cryptocurrency and blockchain operations. At an interactive session with the Senate Committee on Capital Market, SIBAN President Obinna Iwuno noted that Nigeria ranks second globally and first in Africa for crypto adoption, with blockchain transactions worth $59 billion. He stressed that clear regulations would unlock more opportunities for startups, SMEs, and investors in the sector. Read also, Senate, SIBAN push legal framework to boost blockchain SMEs US supports Nigeria with aid amid worsening hunger crisis ZSF Backs women-led SMEs at entrepreneurship awards NITDA, Kaspersky partner to boost cybersecurity for SMEs, Nation APPLY NOW: Growth Marketer Committee Chairman, Senator Osita Izunaso, assured stakeholders of the Senate's commitment to policies that enhance blockchain innovation, investor protection, and market growth. Other lawmakers echoed support for legislation that would give legitimacy to digital asset activities. The move is expected to create a safer environment for blockchain-driven SMEs, open new channels for fundraising, and strengthen Nigeria's role as Africa's hub for digital finance and innovation.

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The United States has approved $32.5m through USAID to tackle Nigeria's deepening hunger crisis, marking a significant return of support after years of reduced aid. The funding will provide food assistance and nutrition support to over 764,000 peop… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader US supports Nigeria with aid amid worsening hunger crisis By Enitan Ajebukola Ajewumi on September 5, 2025 The United States has approved $32.5m through USAID to tackle Nigeria's deepening hunger crisis, marking a significant return of support after years of reduced aid. The funding will provide food assistance and nutrition support to over 764,000 people, including displaced families, pregnant women, breastfeeding mothers, and children in conflict-hit regions. Read also, US supports Nigeria with aid amid worsening hunger crisis ZSF Backs women-led SMEs at entrepreneurship awards NITDA, Kaspersky partner to boost cybersecurity for SMEs, Nation APPLY NOW: Growth Marketer GITEXNigeria spotlight SMEs as Sanwo-Olu hails digital leadership Nigeria's food insecurity has worsened due to insurgency, farmer-herder clashes, and rising attacks in the north. With millions at risk of hunger and over 2 million displaced, the crisis threatens household stability, rural productivity, and small-scale agribusinesses that form the backbone of local economies. The intervention, analysts say, could help protect vulnerable populations while easing pressure on SMEs in the agriculture and food supply chain, which are already strained by insecurity and shrinking resources.

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Women entrepreneurs dominated the 10th Zakat and Sadaqah Foundation (ZSF) Entrepreneurship Development Project Awards in Lagos, with 16 out of 20 winners. ZSF Chairman, Prof. Tajudeen Yusuf, said the feat underscores the untapped potential of women i… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader ZSF Backs women‑led SMEs at entrepreneurship awards By Enitan Ajebukola Ajewumi on September 5, 2025 Women entrepreneurs dominated the 10th Zakat and Sadaqah Foundation (ZSF) Entrepreneurship Development Project Awards in Lagos, with 16 out of 20 winners. ZSF Chairman, Prof. Tajudeen Yusuf, said the feat underscores the untapped potential of women in driving small business growth and family stability. Read also, ZSF Backs women-led SMEs at entrepreneurship awards NITDA, Kaspersky partner to boost cybersecurity for SMEs, Nation APPLY NOW: Growth Marketer GITEXNigeria spotlight SMEs as Sanwo-Olu hails digital leadership Nigeria and Colombia move to deepen trade, investment opportunities Executive Director, Prince Sulayman Olagunju, disclosed that nine Star Winners received ₦1m each, while 11 Runner-ups got ₦200,000. This year's edition drew over 900 entries, coinciding with ZSF's 25th anniversary. In 10 years, the foundation has disbursed ₦104m to 90 Star Winners and 118 Runner-ups, strengthening youth-led SMEs and promoting innovation across Nigeria.

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