The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is offering a ₦50,000 conditional grant to eligible nano businesses to support their operations, equipment purchases and job creation. The initiative, known as the Conditional Grant Scheme (CGS), aims to strengthen small enterprises at the grassroots level by providing financial assistance to improve productivity and sustain business activities. The grant is non-repayable but comes with a key condition: beneficiaries must employ at least one additional person to qualify for the support. According to the programme details, the scheme targets nano businesses operating...