The aim of this study was to critically assess the Impact of Business and Entrepreneurship Development in enhancing economy of Anambra State. The literature reviewed brought into limelight the effect of business and entrepreneurship development on the Nigeria Economy. The major purpose of this study was to examine the impact of business and entrepreneurial development in revamping Nigerian Economy. The specific objectives are: to examine the extent of business and entrepreneurial development in Nigeria job creation and innovation, to examine whether business and entrepreneurial development promotes the economic growth rate of Nigerian economy through self reliance and to examine the impact of business and entrepreneurial development on the economic growth of the country using Anambra State as the area of the study. The study used survey research design of which structured questionnaires were administered to the sample drawn from the population of the study. The data collected were anal