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Dangote, Udom, Elumelu, Katagum others for MSMEs awards - National Accord Newspaper

The Nigerian Association of Small and Medium Enterprises (NASME) says 84 individuals and organisations are to receive its Micro Small and Medium Enterprises (MSME) impact awards.

NASME seeks more funding for MSMEs

NASME seeks more funding for MSMEs
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.

Low level of financial knowledge threatens 33 6m MSMEs -

•NASME advocates business support services   •Formal education not same as  financial literacy BoI By Yinka Kolawole Nigeria’s hope of  quick recovery from recession and significant increase in economic growth is under  threat from  micro, small and medium enterprises (MSMEs) sector which accounts for 48 percent of the nation’s Gross Domestic Product (GDP), as 33.6 million small businesses (62 percent) struggle  with the challenge of poor financial literacy.   Nigeria has about 41 million MSMEs which are businesses with less than N100 million annual turnover.  These businesses however contribute  about 48% of  the nation’s Gross Domestic Product (GDP), accounting for 96% of businesses and 84% of employment in Nigeria.

Living in darkness amid untapped hydropower sources, abandoned stations (II)

Punch Newspapers Sections Published 31 December 2020 In a sequel to how abandoned hydropower stations have worsened the poor power supply in the country, TUNDE AJAJA probes further into the perennial problem and other areas in the value chain Barely two months after Sunday PUNCH’s report detailed how neglect and lack of genuine commitment by successive governments have hampered the development of the various hydropower stations across the country, there are strong indications that the Mambilla hydropower project, conceived since 1972, might have suffered another setback. Our correspondent gathered that the all-important Mambilla project, which is to be Nigeria’s biggest single hydropower station, with the capacity to generate a whopping 3,050MW and boost power generation significantly for the benefit of the already distressed citizens, was not captured in the 2021 budget.

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