Category: Business and Startups

FG Reopens N50,000 SMEDAN Grant for Small Businesses: Eligibility and How to Apply

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FG Reopens N50,000 SMEDAN Grant for Small Businesses: Eligibility and How to Apply

The Federal Government has reopened applications for its ₦50,000 Conditional Grant Scheme (CGS), giving eligible nano and micro business owners another opportunity to access financial support through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). The scheme is designed to provide direct financial assistance to small businesses that often face difficulties accessing conventional…

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Business and Startups

President Tinubu Unveils Free CAC Registration Scheme for 250,000 Small Businesses Nationwide

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President Tinubu Unveils Free CAC Registration Scheme for 250,000 Small Businesses Nationwide

President Bola Tinubu has approved a nationwide initiative to provide free business registration through the Corporate Affairs Commission (CAC) for 250,000 Micro, Small and Medium Enterprises (MSMEs), in a move aimed at expanding the formal business sector and boosting entrepreneurship across Nigeria. The President announced the initiative on Saturday during the 8th National MSME Awards…

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Business and Startups

EFCC, CAC Join Forces against Unregistered POS Operators

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EFCC, CAC Join Forces against Unregistered POS Operators

The Economic and Financial Crimes Commission, EFCC and the Corporate Affairs Commission, CAC, have expressed concerns over risks being posed to businesses and national security by the activities of unregistered Point of Sale. POS, operators. The concerns were expressed in Abuja on Thursday, June 25, 2026 when the Board Chairman, CAC, Senator Ibrahim Adah paid…

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Business and Startups, Financial Crimes

FG Awards N2.25 Billion in Student Venture Capital Grants to 45 Emerging Innovators

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FG Awards N2.25 Billion in Student Venture Capital Grants to 45 Emerging Innovators

The Federal Government of Nigeria has disbursed a total of ₦2.25 billion to 45 outstanding students drawn from tertiary institutions across the country, in a landmark push to stimulate youth-led innovation and entrepreneurship. Each beneficiary received ₦50 million under the Student Venture Capital Grant initiative, a flagship programme designed to support scalable, student-driven business ideas…

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Business and Startups

CAC Announces Free Business Name Registration for 3,500 Small Businesses Nationwide

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CAC Announces Free Business Name Registration for 3,500 Small Businesses Nationwide

The Corporate Affairs Commission (CAC) has announced a nationwide initiative to offer free business name registration to 3,500 small businesses across Nigeria, in a move aimed at supporting entrepreneurship and deepening business formalisation in the country. The programme will cover beneficiaries in the 36 states of the federation and the Federal Capital Territory. The announcement…

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Business and Startups

5 Small-Scale Businesses You Can Start in Nigeria Today With Less Than ₦100,000

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5 Small-Scale Businesses You Can Start in Nigeria Today With Less Than ₦100,000

In a country where the unemployment rate continues to climb and the cost of living steadily rises, more Nigerians are seeking alternative means of income. While securing a white-collar job may take time, small-scale businesses are proving to be a viable path to financial stability — even with very little startup capital. The good news?…

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Business and Startups

5 Proven Ways Nigerian Startups Can Market Locally in 2025

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5 Proven Ways Nigerian Startups Can Market Locally in 2025

Boost your business with these 5 effective, budget-friendly strategies made for Nigerian startups in 2025. Introduction Nigerian startups are booming—and so is the competition. You don’t need a huge budget, just smart, localized strategies. These 5 tactics are tested and tuned to the Nigerian market in 2025. Core Tactics Section Use catalogues, autoresponders, and broadcast…

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Business and Startups