Record business financing through the Bank of Industry. The Bank of Industry disbursed ₦636 billion in 2025 — its highest annual figure ever — to over 7,000 enterprises, including 570 startups. The fund supported 1.6 million jobs and included dedicated facilities for women-owned businesses, youth entrepreneurs, and nano enterprises. A €2.1 billion international syndicated facility underpins the bank’s expanded lending capacity.

MSME support deepened. A ₦200 billion MSME and Manufacturing Intervention Fund, a ₦75 billion single-digit loan scheme, and a ₦198 billion de-risking fund are providing affordable financing to small businesses across the country. Over 827,000 SMEs were served through 10 operational MSME hubs in 2024, with non-repayable grants available to high-performing enterprises through government clinics.

Three Million Technical Talent programme scaling. The 3MTT digital skills initiative — the world’s largest tech talent accelerator — has enrolled 1.8 million Nigerians, with 300,000 fellows in active training and over 15,000 graduates already placed in employment. It is backed by a $2 billion commitment for 90,000 km of fibre-optic cable — the largest such rollout in the developing world — and 4,000 new telecom towers to connect 23 million currently unserved Nigerians.

Tax incentives rewarding job creation. The 2026 Tax Reform provides a 50% deduction for businesses that hire new employees and a further 50% deduction for those that raise wages for their lowest-paid staff — turning the tax code into an active instrument for employment growth.

A thriving innovation economy. Nigeria’s digital economy accounts for 17% of GDP and is growing. The country hosts five of Africa’s seven tech unicorns. Foreign tech investment into Lagos alone exceeded $6 billion between 2019 and 2024. The National Data Protection Act — Nigeria’s first globally recognised data framework — is strengthening the conditions for continued digital sector growth.