NIGERIA, Nov. 26 -- The initiative, introduced at the Thrive Summit themed "Driving Growth Through Innovation and Financial Empowerment", aims to tackle the barriers that prevent most small businesses from surviving beyond their first five years.



Speaking at the launch, the Divisional Head of Business Development at the Bank of Industry, Dr Obaro Osah, said the programme forms a core part of the bank's 2025 to 2027 strategy, which seeks to expand non-financial services and replicate structured business support across all regions of the country.

Osah noted that MSMEs remain the engine of Nigeria's economy, representing more than 96 per cent of all registered businesses, providing 84 per cent of national employment and contributing abo...