The discuss of micro, small and medium scale enterprises  is common to policy makers and researchers. This is because MSMSEs have helped economies to grow through income generation, creation of employment, reduction of poverty, etc. This study investigated the determinants of entrepreneurship in Nigeria using multi nomial logistic regression model for analysis from the Enterprise data of 2014. The results show that capital borrowed from non bank financial institutions has a positive and significant relationship with business ownership credit purchases from suppliers also has a positive and significant relationship with entrepreneurship fixed assets funded by bank borrowing is a strong factor for entrepreneurship. It is recommended that banks should encourage private business borrowing by lending at a low interest rate more credit from suppliers is encouraged, but entrepreneurs should sustain this relationship by paying back loans policies for easy access to finance by small firms should be designed and implemented.

Key Words: entrepreneurship, credits, uncertainty, risks, logit

JEL: C25, C35, G23