Nigeria, Oct. 17 -- Listen
The Nigerian Small and Medium Enterprises Development Agency (SMEDAN) and Nigeria's Securities and Exchange Commission (SEC) have signed a strategic Memorandum of Understanding (MoU).
Created to provide small and medium-sized businesses (SMEs) access to long-term financing via the Nigerian capital market.
Signed in Abuja, the agreement represents a significant step toward connecting Nigeria's more than 40 million registered micro, small, and medium enterprises (MSMEs) with organized financial systems. It is meant to improve the nation's financial inclusion campaign, generate employment, and help President Bola Tinubu's goal of creating a $1 trillion economy.
Speaking at the event, SEC Director-General D...
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