Abstract:
This research is to examine the role of financial intermediation in promoting the growth and
development of Micro Small and Medium Scale Entrepreneurs in Nigeria. The primary data
was collected through structured questionnaires containing both closed and open ended
questions. The data was analysed using descriptive statistics such as frequency,
percentages, and tables. The findings show that most of the respondents agreed with the
fact that, they did not received a lot of support from the financial intermediaries; Support
received by few showed that it enhanced business growth as accounted by 12.4 percent
from the statistical analysis of the respondents. Furthermore, the growth of businesses was
found to be attributed to the nature of support received by the entrepreneurs. The findings of
the study showed the role played by financial intermediaries in promoting MSMEs’ growth in
Kano metropolis which consists of seven Local Government Area and these include; Gwale,
Fagge, Dala, Nasarawa, Kano Municipal and Tarauni. The metropolis was chosen as a
result of old and new emerging businesses to have been concentrated within the region.
However, the results of the study form the basis for recommendations to relevant
stakeholders to ascertain the appropriate leading strategy for improving MSME sector in
Nigeria.
