BOI Announces N10bn GLOW Fund To Support Female Entrepreneurs – Independent Newspaper Nigeria

BOI Announces N10bn GLOW Fund To Support Female Entrepreneurs – Independent Newspaper Nigeria

Bank of Industry (BOI), has unveiled a special intervention programme, Project Guaranteed Loans for Women, valued at N10 billion, to support female entrepreneurs across the country.  Olasupo Olusi, the bank’s managing director, stated that the funding initiative aims to bridge the financial inclusion gap for women in Nigeria.  According to him, Nigeria leads the world […]

MSME Ministry Launches New Scheme To Boost E-commerce For SMEs

MSME TEAM Initiative to empower small businesses, focusing on women entrepreneurs. The Ministry of Micro, Small and Medium Enterprises (MSME) has introduced a new sub-scheme under the RAMP program — the MSME Trade Enablement and Marketing (TEAM) Initiative — launched on June 27, 2024. With a financial outlay of ₹27.35 crore, the scheme aims to promote e-commerce adoption among Micro and Small Enterprises, with special attention to women entrepre…

Govt Revises MSME Criteria Effective April 1 - SMEVENTURE

In a strategic step to align with India’s evolving business landscape, the Government of India has notified revised thresholds for classifying Micro, Small, and Medium Enterprises (MSMEs). The new limits, which increase the allowable investment and turnover ceilings, will come into force from April 1, 2025. This move, announced earlier by Finance Minister Nirmala Sitharaman during Budget 2024, is intended to provide greater operational headroom …

Government Revises MSME Investment, Turnover Criteria, New Limits Effective from April 1 – SGTTimes.com – SGT Latest News, India News, Breaking News, Today's News

New Delhi, March 24, 2025 – The Ministry of Micro, Small, and Medium Enterprises (MSME) has officially announced new classification criteria, revising both investment and turnover limits. These changes were initially introduced in the Union Budget 2025, which will take effect on April 1, 2025. Under the updated classification, the investment and turnover limits for Micro, Small, and Medium Enterprises have been significantly increased to reflect…