Nigeria’s Bank of Industry Limited (BoI) and the SMall & Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a ₦1 billion Memorandum of Understanding (MOU) to boost support and development for SMEs in Nigeria.
The partnership marks a pivotal move towards nurturing a robust ecosystem for small and medium enterprises (SMEs) across the nation. By leveraging their combined resources and expertise, BOI and SMEDAN aim to empower entrepreneurs and innovators, equipping them with essential tools to thrive and significantly contribute to Nigeria’s economic advancement.
Says BOI:
“This collaboration underscores BOI’s commitment to sustainable growth and long-term success, aspiring to build a brighter future for all stakeholders and catalyze positive change in the Nigerian economy”