BSFAA 2025 Strengthens Nigerian Entrepreneurs Amid Economic Challenges

Nzubechukwu Eze
Nzubechukwu Eze

The 6th edition of the Business Summit, Fair, and Award (BSFAA) 2025 convened on October 16, 2025, at the Radisson Blu Hotel, GRA Ikeja, bringing together entrepreneurs, policymakers, regulators, and innovators to discuss strategies for resilient business growth amid Nigeria’s economic turbulence.

Organized by Beady’s Word Productions under the theme “Thriving Beyond Economic Instability”, the summit was sponsored by Zenith Bank and featured participation from key agencies, including the National Agency for Food and Drug Administration and Control (NAFDAC).

In her opening remarks, BSFAA convener Beady Nnanna highlighted the resilience of Nigerian entrepreneurs and emphasized the summit’s role in empowering SMEs, driving innovation, and fostering a business-friendly environment. She also launched her new book, “Family: Breaking Unbreakable Ties,” which explores how family values can contribute to purpose-driven entrepreneurship.

Keynote speaker, Seye Olurotimi, Founder of MSME Africa, underscored the importance of SMEs to Nigeria’s economy, noting that 40 million small businesses contribute over 50 percent of GDP and provide 80 percent of employment. Other speakers, including Pharm. Obiorah Mbidom and Hon. Olugbenga Abdullahi, highlighted health, wellness, and the need for supportive government policies, including lower interest rates for SMEs.

An AI Advertising Training Session, led by Kingsley Ife, demonstrated practical ways SMEs can use artificial intelligence to grow their marketing reach.

The summit concluded with the BSFAA Award Ceremony, honoring 19 individuals for their contributions to business, leadership, and community development. Among the recipients were AIG Adegoke Mustapha Fayoade, Abubakar Dantsoho, Dr. Chigozie Nweke-Eze, Chidinma Oli, Comptroller Samuel O. Ariyibi, Chris O. Maduka, and Anuoluwayinka Isaac Eliezer. Prominent media figures, including Jerry Aguigbo, Evelyn Ogbene Akpa, and Chief CFC Obi, attended, reflecting the event’s growing influence.

NAFDAC representatives reaffirmed their commitment to regulatory standards, product safety, and compliance, essential for consumer trust and export potential. Nnanna closed the event by reiterating her dedication to ethical entrepreneurship and economic empowerment through platforms like Beady’s World TV and Beady’s Word Blog News.

BSFAA continues to serve as a leading platform for training, networking, innovation recognition, and policy advocacy, reinforcing its role in the development of Nigerian entrepreneurs.

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