business
20 Leading Lagos SMEs Chosen to Represent Nigeria at Intra-African Trade Fair in Algeria

20 Top Lagos SMEs to Represent Nigeria at Intra-African Trade Fair in Algeria
Out of the 253 small and medium-sized enterprises (SMEs) currently participating in the Export Readiness Training Programme in Lagos, 20 exceptional businesses will be selected to represent Nigeria at the upcoming Intra-African Trade Fair (IATF) scheduled for September 2025 in Algiers, Algeria.
The announcement was made by the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment during the programme’s opening ceremony held in Alausa, Ikeja. The initiative is a joint effort between Lagos State, Afreximbank, and ImpactHER, aimed at equipping local entrepreneurs with the tools, knowledge, and support needed to scale into international markets.
Highlighting the opportunity as a strategic gateway to over 1.3 billion African consumers, the Commissioner emphasized that the programme is more than just training—it is a launchpad for positioning Lagos-based businesses as global players and Lagos Export Ambassadors. She noted that by boosting global competitiveness, the initiative would contribute significantly to job creation, wealth generation, and long-term economic development across the state.
She also stressed the importance of export readiness in light of the African Continental Free Trade Area (AfCFTA), which opens access to a single African market. While MSMEs make up over 90% of Lagos’s business landscape and are key drivers of innovation and employment, they continue to face challenges such as poor packaging, regulatory non-compliance, limited financing, and weak access to regional and global markets.
The intensive week-long programme addresses these barriers by offering tailored training in areas such as:
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Export documentation and compliance
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Packaging for international markets
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Trade finance and customs procedures
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Strategies for navigating AfCFTA
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Digital trade enablement
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Gender-responsive approaches for women-led businesses
Participants were encouraged to view the training not merely as an academic exercise, but as a transformational opportunity to expand globally.
Joining virtually from Egypt, Mr. Ody Akhanoba, Director of SME Development at Afreximbank, disclosed that the programme is part of the bank’s broader SME empowerment initiative. In 2024 alone, Afreximbank allocated $18.7 billion to build SME capacity across 27 African countries. In 2025, the bank plans to scale its support to over 3,000 SMEs across 38 African and 7 Caribbean nations.
The 20 selected SMEs will have the opportunity to showcase their products and services at IATF 2025 in Algeria, gaining international exposure, building strategic partnerships, and accessing larger African and global markets.
business
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business
We are Hiring: Social Media Growth Ambassadors (2 Positions)

Remote | Part-Time or Flexible Hours
Are you active on social media and passionate about business, jobs, and opportunities?
Do you know how to attract attention, spark engagement, and drive traffic online?
Then this opportunity is for you!
Role Overview:
We are looking for 2 dynamic individuals to serve as Social Media Growth Ambassadors for GlobabizEmpire.com — a trusted online platform for global jobs, business insights, and income opportunities.
Key Responsibilities:
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Promote GlobabizEmpire.com consistently on Facebook, Instagram, WhatsApp, TikTok, or X
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Share daily job updates, business news, and smart money tips from the website
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Drive website traffic using content, trends, reels, and referral links
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Respond to DMs/comments and convert viewers into website visitors
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Provide weekly reports on reach, impressions, and traffic performance
What You’ll Need:
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A strong presence on social media (min. 2,500 followers on at least one platform)
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Great communication skills and social media creativity
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Consistency and accountability
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Passion for helping people grow their careers or income
What You’ll Get:
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Monthly stipend + performance-based bonus
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Opportunity to grow your personal brand with us
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Free digital training + content materials
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Certificate of Digital Advocacy (upon successful campaign)
How to Apply:
Send us a message with:
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Your full name
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Link to your active social media profiles
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Short message on why you are the perfect fit
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Screenshot of your past engaging post (if available)
Email: [email protected]
WhatsApp: +234 8153507382
Deadline: August 22, 2025
business
NEXIM Bank and SMEDAN Partner to Strengthen SME Export Capacity Nationwide

NEXIM Bank and SMEDAN Sign Landmark MoU to Boost SME Export Growth in Nigeria
In a bold move to strengthen Nigeria’s small business ecosystem, the Nigerian Export-Import Bank (NEXIM) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a groundbreaking Memorandum of Understanding (MoU) aimed at accelerating the growth and global competitiveness of Small and Medium Enterprises (SMEs) across the country.
A Strategic Partnership for Economic Transformation
This MoU formalizes a strategic alliance between NEXIM and SMEDAN, focusing on:
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Export financing and access to global markets
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Tailored financial products for SMEs
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Capacity-building and training programs
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Promotion of Made-in-Nigeria products internationally
The collaboration is expected to streamline trade facilitation and offer Nigerian SMEs the tools and support needed to thrive in international value chains.
Empowering SMEs for Global Competitiveness
Speaking at the signing ceremony, Abba Bello, Managing Director/CEO of NEXIM Bank, emphasized the significance of this partnership in preparing Nigerian SMEs to compete globally, particularly under the African Continental Free Trade Agreement (AfCFTA).
“This collaboration with SMEDAN is a critical step in our mission to empower Nigerian SMEs. By combining our financial instruments with SMEDAN’s development expertise, we are creating a robust support framework that enables small businesses to scale and succeed in export markets,” Bello said.
Removing Barriers and Unlocking Opportunities
On his part, Charles Odii, Director-General of SMEDAN, noted that the agreement will help eliminate major hurdles that have long hindered SMEs from tapping into international markets.
“Our goal is to ensure Nigerian SMEs have not just the skills but also the financial backing to grow. This MoU with NEXIM Bank paves the way for real participation in global trade,” Odii remarked.
He also outlined key focus areas of the collaboration:
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Providing export-oriented financing solutions
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Offering expert training and advisory services
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Simplifying export processes for MSMEs
🇳🇬 Aligning with Nigeria’s Economic Diversification Agenda
This partnership supports the federal government’s broader vision of economic diversification and inclusive growth, particularly through public-private partnerships that empower micro, small, and medium-sized enterprises (MSMEs).
About the Agencies
NEXIM Bank, established under Act 38 of 1991, is Nigeria’s official Export Credit Agency, providing financing, risk management, and advisory services to support the development of non-oil exports.
SMEDAN, created by the SMIDA Act of 2003, is the federal government’s leading institution tasked with fostering the growth, sustainability, and global competitiveness of MSMEs across Nigeria.
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