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The Federal Government has opened free registration for 250,000 MSMEs, aiding Nigeria’s entrepreneurs in formalising their businessesPresident Tinubu aims to eliminate registration costs, enhancing access to grants, loans, and investment opportunities for small businessesThe initiative includes business development support and training, ensuring sustainable growth for newly registered MSMEs
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Federal Government has officially opened applications for the free registration of 250,000 Micro, Small and Medium Enterprises (MSMEs), giving thousands of Nigerian entrepreneurs a rare opportunity to formalise their businesses at no cost.
The initiative, being implemented through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in partnership with the Corporate Affairs Commission (CAC), is aimed at eliminating one of the biggest financial hurdles faced by small business owners, the cost of business registration.
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