Empowering MSMEs Through Cooperative Finance in Lagos

The Nigerian-Indonesian Chamber of Commerce and Industry (NICCI) commends the Lagos State Government, in collaboration with the Bank of Industry and Sterling Bank, on the official launch of the Lagos State Access to Finance for SMEs through Cooperatives (LASMECO) programme.

This initiative, championed by the Ministry of Commerce, Cooperatives, Trade and Investment, aims to provide up to ₦10 million in financing at a 9% interest rate for a 2–3 year term—an impactful step toward inclusive growth for micro, small, and medium enterprises in the state.

We encourage our members and the wider business community to engage with this opportunity, as it aligns with our commitment to fostering trade, investment, and enterprise development across Nigeria.

Event Details:
Date: Wednesday, 7th May 2025
Time: 10:00 AM Prompt
Venue: Adeyemi Bero Hall, The Secretariat, Alausa, Ikeja