NSE’s Alternative Securities Market

The Small and Medium Enterprises (SMEs) are known globally to be the engines of economic growth and the main contributors to employment generation and wealth creation.

The SMEs in Nigeria currently contribute nearly half of the nation’s gross domestic product (GDP) and account for over 25% of employment in the country. Recent data provided by SMEDAN (the Small and Medium Enterprises Development Agency of Nigeria) puts the number of Micro, Small and Medium Enterprises (MSMEs) in Nigeria at 17.29 million; with the MSMEs providing employment for 32.42 million people.