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Tag: SMEs
African Development Bank and FCMB Sign $50 million Line of Credit Agreement to bolster access to finance for SMEs and Women-empowered Businesses.
The African Development Bank has signed a $50 million Line of Credit Agreement with Nigeria's First City Monument Bank (FCMB) to support access to finance for small and medium-sized enterprises…
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How SMEs Can Manage Cost to Cope with High Inflation – Ayo Akinola
According to the National Bureau of Statistics (NBS) Inflation Report for July, the annual inflation rate has risen to 19.6% - the highest in 17 years. The truth is many…
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‘We will help SMEs fast track Nigeria’s economic recovery’ – Access Bank MD
Access Bank's Group Managing Director, Herbert Wigwe, has said that the Bank is committed to helping Nigerian businesses weather COVID-19 pandemic and set a course for recovery. He made this…
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Facebook partners with Digivate 360 for a series of entrepreneur training in Port Harcourt
Continuing on from the commitment to train 50,000 people throughout 2018, Facebook rolls out a series of training dates specially designed for entrepreneurs and Small and Medium-sized Businesses in Port…
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We’ll sustain and maintain momentum of economic recovery – FG
Through the Senior Special Assistant on Media and Publicity, Office of the Vice President, Laolu Akande, the Federal Government has promised to sustain and maintain the momentum of the various initiatives…
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The Nigerian Stock Exchange partners with Ciuci Consulting to launch Nigeria Business Composite 10 (PHOTOS)
The Nigerian Stock Exchange recently launched the Nigeria Business Composite 10 (NiBC10) in Lagos. In partnership with Ciuci Consulting, the NSE rolled out this initiative as part of a commitment…
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Tecno #LightUpYourDream Promo: Meet the top 10 participants who are inline to win N2m
If you haven’t been following up with TECNO Mobile on their latest initiative to support SMEs – the TECNO #LightUpYourDream promo then I wonder what you’ve been up to lately.…
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Okhai Akhigbe & Co to hold SME legal clinic
On Thursday, July 27, 2017 at Villa Toscana, Oniru, Lekki, Okhai Akhigbe & Co. (OAC)—a Lagos-based legal services firm—will be hosting small- and medium-size businesses to a free legal workshop:…
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CBN sanctions 12 banks for hoarding forex from SMEs
The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from the SMEs window of foreign exchange market for flouting regulations, TheCable reports. Isaac Okorafor,…
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The Thread: All the cool things from #GTBankFoodDrink fair
GTBank held its second edition last weekend in Lagos. Over 100 small businesses in Nigeria’s food industry were provided with free stands at the GTBank Food and Drink event that…
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CBN pumps $100m into forex market
The Central Bank of Nigeria (CBN) has pumped an additional $100 million into the foreign exchange market, after releasing $280 million on Tuesday. The bank has offered additional $100 million…
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CBN disburses $280m to SMEs, BDCs, others
The Central Bank of Nigeria on Tuesday injected fresh $280m into various sectors of the economy. The CBN said in this a statement by its Acting Director, Corporate Communications Department,…
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CBN introduces ‘Form X’ for SMEs to ease forex documentation
The Central Bank of Nigeria, CBN, has introduced the use of FORM X for SMEs that require basic documentation for foreign exchange. Confirming the development, the apex bank spokesman, Mr…
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Verdant Zeal to host 6th Innovention Series this Thursday
This Thursday, March 23rd, 2017, all roads lead to The Civic Centre, Victoria Island, Lagos for the 6th Annual Innovention Series powered by Verdant Zeal. Hosted by Verdant Zeal Marketing…
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PEBEC approves 60-day ease of doing business action plan
by Dolapo Adelana The Presidential Enabling Business Environment Council (PEBEC) chaired by Acting President Yemi Osinbajo (SAN) has approved a 60-day national action plan to aid the ease of doing…
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Opinion: Adiya Atuluku reveals sustainable business models SMEs can adopt to make profit in this recession
Adiya Atuluku is a management and sustainability consultant, working on national projects mainly in Information Technology (IT), telecommunications, and environmental industries in multicultural environments. She is a LEAP Africa alumnus, having…
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Opinion: Can Finweb become the jet engine for small businesses in Nigeria?
by Ade Olabode If you’re a small business data junkie, then chances are you’ve heard of finweb. For the uninitiated, I know you’re thinking ‘finweb’ — yet another buzzword invented by some…
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“Uniqueness is my selling point.” | Leading Ladies Africa speaks to Ola Morin Muhammed of Ijorere
Tired of going round the motions in her 9-5 job, Ola Morin Muhammed decided to take the leap into entrepreneurship when she discovered there was a demand for the invitation…
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Opinion: Adopting subscription model for digital marketing agencies in Nigeria
by Segun Adeyemi From individual freelancers to organized corporate firms, there is an increasing number of people and companies that offer digital marketing services such as content marketing, search engine…
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#Impact365: StartUP6 provides a platform for young entrepreneurs to grow their business using social media influencers
StartUp6 is a unique initiative that targets small businesses by providing a platform for them to connect with social media influencers who can use social media tools to expand these…
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Opinion: What’s church got to do with the Nigerian economy?
Without any iota of doubt, I am convinced that the following sequence of thoughts might erupt some form of controversy and misunderstanding is some quarters. It’s a possibility I have…
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GTBank to keep promoting enterprise with the Fashion Weekend in November (WATCH)
Recently, leading African bank, Guaranty Trust Bank plc, announced the debut of the GTBank Fashion Weekend which will hold in Lagos on the 12th and 13th of November 2016. The…
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Mark Essien: My advice to Nigerian start up founders
Focus on making users use your product before you over-invest time in building the product. If people don't want to use a simple version of the product, they won't want…
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Opinion: How Godwin Emefiele caused millions of Nigerians to lose jobs
by Dr. Peregrino Brimah The direct policies of the central bank of Nigeria, CBN have been and continue to be at the helm of the current economic crisis and recession…
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Festus Okubor: The A-Z of small and medium-sized businesses (Naira&Kobo)
by Festus Okubor Building a business from scratch is hard. No one tells you about the loneliness, the hours spent developing an idea and strategy, the effort it takes to…
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Bank of Industry has better plans for SMEs
by Chris Ikechukwu The Bank of Industry has said it will set up a loan monitoring unit that will help check mate the issue of non-repayment of loans by Small…
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To solve the employment problem, Nigeria will build industrial parks
by Laila Ibrahim The Federal Government has said it will set up Industrial parks for Small and Medium Scale Enterprise (SMEs) to enable ease of running small businesses. This was announced by the…
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SURE-P enrols 120,000 graduates for internship programme
by Akintomiwa Agbaje The Graduate Internship Scheme of Subsidy Reinvestment and Empowerment Programme (SURE-P) has signed on over 120,000 graduates in the programme with nearly 3,000 firms ready to absorb…
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Nnadozie Egeonu: Branding 101 for SMEs
Your business brand is a powerful asset for your breakthrough... So many people have different definitions of branding; many refer to it as packaging while to some it is the…
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YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy