News - SMEDAN

Apply Now: FG and SMEDAN Offer N50k Small Business Grants to 1 Million Nigerians in 2025

FG Rolls Out N50k Grants for Small and Nano Businesses Nationwide The Federal Government of Nigeria has officially started a new grant program to support one million small and nano businesses across the country. Each beneficiary will receive N50,000 as part of an economic empowerment package aimed at reducing poverty, supporting entrepreneurs, and driving grassroots … Read more

FG Disburses N250,000 Grant Again to Small Businesses Under Tinubu’s MSME Empowerment Plan

FG Disburses N250,000 Grant Again to Small Businesses Under Tinubu’s MSME Empowerment Plan The Federal Government has once again released N250,000 to selected small business owners in Ondo State under President Bola Tinubu’s MSME Empowerment Plan. The announcement was made during the 7th edition of the Expanded National MSME Clinics in Akure, where Vice President … Read more

FG pays second tranche of N35,000 wage award arrears, 3 more months to settle

FG pays second tranche of N35,000 wage award arrears — What federal workers need to know FG N35,000 wage award payment update raises hope for civil servants The Federal Government has confirmed the release of the second tranche of the N35,000 wage award arrears to federal workers. This confirmation came through a statement from the … Read more

BoI Empowers MSMEs to Access N75 Billion Loan – Over 75,000 Jobs to Be Created Across Nigeria

BoI N75bn Loan Fund Aims to Support MSMEs Across Nigeria The Bank of Industry (BoI) has taken a bold step to help Micro, Small, and Medium Enterprises (MSMEs) across Nigeria by improving their capacity to access a special N75 billion intervention fund. The move is expected to create over 75,000 direct jobs and 150,000 indirect … Read more

FG N50 Million Student Innovation Grant (STEEM) Opens August 2025 – Eligibility, Benefits, Application

Federal Government N50m Grant to Support STEEM Students: What to Know

The Federal Government is launching a fresh opportunity for Nigerian students with a new N50 million grant aimed at boosting innovation in Science, Technology, Engineering, Mathematics, and Medical Sciences (STEEM). This initiative, named the Student Venture Capital Grant (S-VCG), is set to begin in August 2025 and targets students in universities and polytechnics across the country.

The announcement was officially made by the Ministry of Education during a national stakeholder meeting in Abuja. According to the Director of Press and Public Relations, Folashade Boriowo, the Minister of Education, Dr. Tunji Alausa, will formally unveil the grant program next month.

This new student innovation fund is part of the government’s strategy to empower Nigerian youth to build practical solutions to real-world problems and reduce graduate unemployment through entrepreneurship.

UK Skilled Worker Visa: Full List of Jobs Removed in 2025 Shake-Up In a major policy shift announced on 22 July 2025, the UK Skilled Worker Visa rules have changed drastically. Over 120 job roles have been officially removed from the list of eligible occupations for Skilled Worker visa sponsorship. This move is part of … Read more

Apply for YouthCred 2025: Federal Government Loan for Young Nigerians

Empower Your Future With YouthCred Loan in 2025 Are you a young Nigerian looking for a better financial future? The Federal Government has launched the YouthCred Financial Empowerment 2025 to help youth gain access to loans without the stress of collateral or heavy requirements. This is a new chance to grow your business, manage your … Read more

N440bn TVET Plan 2025: Government Free Training To Empower Nigerians With Life-Changing Skills

Why The N440bn TVET Plan Is Making Waves In Nigeria The news about the government setting aside N440 billion to train Nigerians is everywhere. People are sharing this update on social media, WhatsApp, and news blogs. Why? Because this is not just any program. It is made to change lives. Many Nigerians finish school but … Read more

Lagos Big N500bn Loan to Help Women Market Traders Grow Business

The news is out and it’s making waves across Nigeria. Lagos has just rolled out something massive—a N500bn MSME fund focused on women traders. People everywhere are asking: is this the breakthrough that local women and small businesses have been waiting for? In this guide, you’ll learn every important detail about this Lagos MSME fund. … Read more

FG SMEDAN ₦50,000 Conditional Grant, Answers to All Your Burning Questions

Have you heard the news going round about the FG SMEDAN ₦50,000 Conditional Grant? Many people are talking about this because it promises real money from the federal government to small business owners across Nigeria. But there is also plenty of confusion and many don’t know the real facts. If you have been wondering how … Read more