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Tag: SMEs

Business, Interview

Building Africa from Within: How Moneda Is Rewriting SME Financing – Rahul Sawlani

In this interview, the Group Chief Commercial Officer Rahul Sawlani reflects on a journey defined by resilience, adaptation, and the…
UBA

News

UBA leads corporate support for SMEs at seventh Lagos Trade Fair

Alero Ladipo, UBA’s Group Head of Marketing and Corporate Communications, positioned the bank’s participation within the framework of its vision…
Lagos

Business

Lagos targets $1B annual inflow as Sanwo-Olu unveils bold SME export expansion drive

Nigeria's Minister of Finance, Wale Edun, represented by his Special Adviser on Communications, Media, and Publicity, Dr. Ogho Okiti, commended…
FCMB

Business

FCMB, FMO launch ₦20M AgriTech Investment Readiness Programme for Nigerian Startups

Speaking on the programme, Mr. Kudzai Gumunyu, Divisional Head of Agribusiness & Non-Oil Exports at FCMB, said: “This programme is…
Lagos

Business

Lagos, BOI to seal landmark MoU to boost SME financing 

The launch event will also host key stakeholders, including: Olasupo Olusi, Managing Director of the Bank of Industry, Abubakar Suleiman,…
From left: Divisional Head, Treasury & International Banking, First City Monument Bank (FCMB), Mr. Gerald Ikem; Managing Director of the Bank, Yemisi Edun; Deputy Chief Executive Officer of Proparco, Djalal Khimdjee and Global Head of Lending Operations, Riedel Drouin, during the signing of the three agreements on January 20, 2024. Photo credit: Proparco

Business

Women-Led Businesses, Agriculture to Benefit from $35m FCMB Deal

With Nigeria aiming for accelerated economic growth, partnerships like this one between Proparco and FCMB are pivotal. These efforts drive…
An Economist, Daramola Omoyele, explains why churches, mosques, and traditional temples should not be exempted from paying taxes

Opinion

The taxation trap: How Nigeria’s tax system is killing businesses

The struggles faced by SMEs in Nigeria have significant implications for unemployment. SMEs are critical drivers of job creation, particularly…
Lagos disburses N278 million to 400 SMEs in first quarter of 2024

Business, News

Lagos disburses N278 million to 400 SMEs in first half of 2024

He stated that N100,000 allowance was given to People Living With Disabilities (PLWD) to set up businesses, noting that this…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

Development Bank Recognises FCMB for Supporting SMEs, Green Projects

First City Monument Bank (FCMB), a leading supporter of small and medium-sized enterprises (SMEs) in Nigeria, has extended credit totaling…
Smartphone with cloud of application icons

Business

Ways Mobile App Can Help Small Businesses

Mobile apps are becoming a crucial asset for small businesses, far beyond being a mere technological trend. They are essential…
Olayinka Olaniran

Business, Features

Keystone Bank: Promoting financial inclusion through empowerment of SMEs in Nigeria

According to the Small and Medium Scale Enterprises Development Agency of Nigeria, 80 percent of SMEs in Nigeria fail before…
Adeyemi presenting cheque to one of the beneficiaries

Business

Solaire Logistics empowers SMEs, start-ups, business owners 

Co-founder and Senior Supply Chain Consultant, Solaire Logistics and Supply Chain Limited, Ayokunle James Adeyemi, said the training was highly…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

Asset Finance: FCMB Offers N100m to SMEs

Small and Medium Scale Enterprises (SMEs) can now quickly access from N5 million to N100 million to purchase equipment needed…
The account of Algrain Foods Limited became toxic in the year 2016 and the Trustee appointed Mr. Ade Oyebanji SAN as the Receiver

Business

Asset Finance: FCMB offers 100m to early-stage SMEs

Small and Medium Scale Enterprises (SMEs) can now quickly access from N5 million to N100 million to purchase equipment needed…

Business

Post COVID-19: SMEs must re-strategize branding approach to survive new normal – Expert

Brand expert, Ikechukwu Kalu has advocated that businesses, specially Small and Media Scale Enterprises (SMES) must adopt new approach to…
Okezie Ikpeazu

Business, News

Ikpeazu seeks improved funding of SMEs

Gov. Okezie Ikpeazu of Abia has called for improved federal funding and investment for Small and Medium Scale Enterprises (SMEs)…

News

Our administration is committed to funding SMES – Hamzat

The importance of Small and Medium Scale Enterprises (SMEs) to the growth of the economy was re-emphasized on Wednesday at…
SMEDAN, Microsoft Nigeria train 500 market men, women and youths in Ogun on how they can use Artificial Intelligence to boost their businesses.

Business, News

SMEs urged to take advantage of Federal Govt’s initiatives

The Oyo State Coordinator of Small & Medium Enterprises Development Agency of Nigeria (SMEDAN), Mrs Iyabo Ojogede, has urged MSMEs…

News

Institute charges SMEs to imbibe good corporate governance

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), has urged Small and Medium Enterprises (SMEs) to imbibe principles…

News

Amnesty programme empowers over 2,000 beneficiaries

The Presidential Amnesty Programme (PAP) has empowered no fewer than 2,187 already trained beneficiaries in small and medium scale business…

News

SMEs: Expert taks govt. on creation of favourable conditions

An entrepreneurial skill development expert, Mr Joshua Adesoji, has urged the three tiers of government to create favourable conditions for…

News

Microsoft, First Bank push digital transformation of SMEs

Multinational technology giant, Microsoft, has teamed up with First Bank in a partnership that will assist Small and Medium Enterprises…

News

EcobankPay eases loan access for SMEs – Ecobank MD

Managing Director Ecobank Nigeria, Patrick Akinwuntan, has stated that SMEs who embrace the EcobankPay app stand a good chance of…
CBN freezes accounts without BVN,NIN from April 2024

News

CBN’s monetary policy inhibiting growth of SMEs

Edo State Government on Thursday said that the Central of Bank of Nigeria (CBN)'s monetary policy of high interest rates…

News

STF: Lagos disburses N7bn to 10,000 SMEs in 3 years

Lagos State Governor, Mr Akinwunmi Ambode on Monday presented cheques to another batch of over 2,000 beneficiaries of the Lagos…
Governor Simon Lalong of Plateau

News

Plateau Govt paying special attention to SMEs – Gov. Lalong

The Plateau government is paying special attention to Small and Medium Enterprises (SMEs), as part of efforts to boost economic…
Dr Okezie Ikpeazu, Governor of Abia State

News

Abia Govt. to establish SME microfinance bank

Mr Gabriel Igboko, Abia Commissioner for Small and Medium Enterprises (SMEs), says the State Government has concluded plans to establish…

News

SMEDAN empowers 100 SMEs

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), on Tuesday, disbursed N4.8 million to 100 Small and Medium…

News

Adamawa Govt. approves N1bn from CBN to boost SMEs

The Adamawa Executive Council on Wednesday authorised the government to access N1 billion from the Central Bank of Nigeria (CBN),…

News

500 SMEs to undergo training in Lagos to boost GDP

An NGO, African Hub International says it will train 500 Small and Medium Enterprises (SMEs) to grow their businesses and…
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