Adesope Ridwan 
The availability of affordable housing is one of Nigeria’s greatest challenges. With the housing shortage reaching twenty million homes, many residents have to search for affordable homes at a reasonable cost. To help bridge the gap, there are grants from the Federal Government of Nigeria that provide various federal housing grants to encourage homeownership as … Read more
The Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS) is a major program funded by the Central Bank of Nigeria (CBN) designed to help sustain the growth of small-scale businesses in Nigeria. It is managed by the NiRSAL Microfinance Bank (NMFB); the program offers affordable loans to entrepreneurs operating in agriculture, as well as other industries … Read more
It is the Central Bank of Nigeria (CBN) that introduced the Targeted Credit Facility (TCF) as a relief measure for financial hardship to help small and middle-sized enterprises that have been impacted by economic disruptions. It was first introduced in 2020 during the COVID-19 pandemic; the plan will continue until 2025 as a crucial intervention … Read more
The Nigerian farming industry is the heart of Nigeria’s economy. It provides jobs to over 70% of the people living in rural areas and contributes approximately 24% of the GDP of the entire nation. However, issues like weather changes, difficulty in obtaining money, and the age of equipment are still limiting the amount of food … Read more
The NiRSAL Microfinance Bank (NMFB) provides several loans and grants that are designed to help Nigerian entrepreneurs, small-scale entrepreneurs, and startup companies. These programs are backed through the Central Bank of Nigeria (CBN) and other federal grants that aim to create jobs and improve productivity for small-scale entrepreneurs. By 2025, NIRSAL Microfinance Bank continues to … Read more
The Micro, Small, and Medium Enterprises Development Fund (MSMEDF) is a Central Bank of Nigeria (CBN) initiative to encourage financial inclusion and improve the Nigerian small-scale business sector. In 2013, the fund offers low-interest loans as well as grant aid for MSMEs across the country, with a particular focus on youth, women, and rural entrepreneurs. … Read more
In Nigeria, federal government grants help women leaders, entrepreneurs, and other organizations to achieve economic empowerment. Although many believe that there are grants only to women, the fact is that the federal government grants are granted to legal organizations like companies, cooperatives, NGOs, and other organizations that are in line with national objectives such as … Read more
The Nigerian government, through its various federal institutions and agencies, offers loans and grants for agriculture for farmers to expand their production, obtain modern technology, and increase the quality of their food. In 2025, a variety of programs will remain active, such as programs like the Anchor Borrowers’ Programme (ABP), the Agric-Business/Small and Medium Enterprises Investment … Read more
Federal government grants in Nigeria are among the most valuable funding opportunities available to individuals, entrepreneurs, and organizations working to strengthen the country’s economy. These grants—administered by various ministries, departments, and agencies (MDAs) provide non-repayable financial support for projects that promote innovation, job creation, and social development. This comprehensive guide explains how to apply for … Read more
