SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
Nigeria's intra-African trade rose 21 percent to $9.02bn in 2025, as the AfCFTA unlocked new export markets and lower trade barriers, an Afreximbank report says.