SME

Access Bank says it will invest a billion dollars over the next five years to help 10 million African Small and Medium Enterprises (SMEs). This was stated by Mr Seyi Kumapayi, Executive Director in charge of African subsidiaries, on the…

The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange (Forex) market, has injected the 195 million dollars into various segments of the inter-bank foreign exchange market.…

The Bank of Industry (BoI) and Ebonyi State Government have signed a Memorandum of Understanding (MoU) of N2 billion matching fund to empower Small and Medium Enterprises (SMEs) in the state. The Managing Director of BOI, Mr Olukayode…

The National Agency for Food, Drug Administration and Control (NAFDAC) says it has waived 50 per cent on registration fee for locally manufactured products to promote Small and Medium Scale Enterprises (SMEs). The NAFDAC spokesperson, Dr…

Mr Waheed Olagunju, Acting Managing Director, Bank of Industry (BoI) says the bank will assist Small and Medium Enterprises (SMEs) with N376 billion before the end of 2019. Olagunju spoke in Makurdi while presenting a paper entitled;…

Mr Herbert Wigwe, the Managing Director of Access Bank, On Thursday said that banks planned to establish a central data base to curb electronic frauds. Wigwe disclosed this while briefing the press on discussions at the 32nd Bankers’…

First Bank of Nigeria Limited, through one of its Sustainability initiatives, the FirstBank Sustainability Centre in partnership with the Lagos Business School is hosting the 2017 SME Conference to drive creativity, innovation and…

Small and Medium Scale Enterprises(SMEs) from different parts of the federation would on Tuesday, Feb. 28, converge on Lagos to deliberate on their roles in providing solutions to Nigeria’s current economic recession. The Convener of the…

The National Agency for Food and Drug Administration and Control (NAFDAC) says its operations will not hinder the certification and acceptability of Small and Medium-scale Enterprises (SMEs) products. Mrs Christiana Obiazikwor, NAFDAC…

As the economic conditions in the country becomes unbearable giving the further slide of the naira against the dollar and the recent news of economic recession, it appears the Federal Government is doing little to cushion the effect of the…

Gov. Abdullahi Ganduje of Kano state on Thursday disbursed N2 billion as soft loans to owners of small-scale enterprises under the micro finance scheme. News Agency of Nigeria (NAN) reports that the money disbursed to some of the…

The Bank of Industry (BOI) on Thursday organised a quarterly customers' networking forum for the South West Region in Osogbo. The aim of the forum, according to the Divisional Head (SME-South), Mr Abdul-Ganiyu Mohammed,is to create a…

Stanbic IBTC Bank and technology company, Google, have sealed a collaboration that will enable the youth and operators in the Small and Medium Scale Enterprises (SMEs) sector in Nigeria acquire digital skills for economic advancement. A…

Central Bank of Nigeria of has released N2 billion Small and Medium Enterprises fund to the government of Kano state and would soon be disbursed to artisans, the state governor, Dr. Abdullahi Umar Ganduje has announced. He stated that…

President Muhammadu Buhari has approved the appointment of Dr. Dikko Radda as the Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). This is contained in a statement issued in Abuja on Monday by Mr…

Governor of the apex bank, Godwin Emefiele, on Thursday at the 7th Annual Bankers’ Committee Retreat in Lagos said that the CBN will not release funds to banks following the reduction of the Cash Reserve Ratio if they do not lend to SMEs.…

An increasing number of small and medium sized company owners are quietly leaving Dubai to avoid punishment for defaulting on loans. According to Abdul Aziz Al Ghunair, Chief Executive Officer of Mashreqbank PSC and Chairman of the UAE…