Browsing Tag

SMEs

Kebbi State Government Trains SMEs on Procurement Processes

Muhammad Lawal Sep 22, 2020 0

The Kebbi State Price Intelligence and Public Procurement Department have begun a two-day training of Small and Medium Scale Entreprises (SMEs) on procurement processes.The News Agency of Nigeria (NAN) reports that the…

COVID-19: Keystone Bank Launches Online Platform To Empower SMEs

Chinyere Joel-Nwokeoma May 13, 2020 0

Keystone Bank has launched an online platform to empower Small and Medium Scale Enterprises (SMEs) with knowledge to manage and grow their businesses in the midst of the COVID-19 pandemic. SEE ALSO: COVID-19: FG Grants Nigerian Students,…

Access Bank Unveils ‘TraderLite’ for Micro Businesses to Strengthen Economic Growth

Chinyere Joel-Nwokeoma Mar 9, 2020 0

Determined to stimulate economic growth, Access Bank Plc has inaugurated an account tagged “TraderLite’’ for micro-businesses with turnover between N50,000 and one million naira.Mr Victor Etuokwu, the bank’s Executive Director…

AfCFTA: Stakeholders Propose Merger of SMEs to Harness Benefits

Rukayat Moisemhe Mar 5, 2020 0

Stakeholders of Small and Medium Enterprises (SMEs) have proposed business mergers to maximally enjoy the benefits of the Africa Continental Free Trade Area (AfCFTA) scheduled to take off in July.They made their views…

Group lauds FG over provision of Loans to SME operators

Ibrahim Abdulazeez Feb 27, 2020 0

An Iseyin community-based social group, Ebedi Frontliners, on Thursday commended the Federal Government in making life easier for Small and Medium Enterprises (SMEs), operators in the state through provision of revolving loans to them. SEE…

Afreximbank, FCI Collaborate on Factoring in SMEs Financing

Nana Musa Feb 25, 2020 0

The African Export-Import Bank (Afreximbank), in collaboration with Factors Chain International (FCI) is set to hold a two-day conference to promote the use of factoring to enhance access to financing for small and medium-sized enterprises…

Forex: CBN injects $218.41m, CNY 18m into Retail Secondary Market

Mustapha Sumaila Feb 8, 2020 0

The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention Sales (SMIS).SEE ALSO: Treasury Bills: Individual Not Restricted From Investing -MeristemThe bank’s…

Adopt flexible policy to promote SMEs, SEAP boss tells FG

Ibukun Emiola Jan 26, 2020 0

Mr Dokun Olatunde, the Executive Director of Self Reliance Economic Advancement Programme (SEAP), has urged the Federal Government to adopt a flexible policy to promote Small and Medium Scale Enterprises (SMEs) in the country. SEE ALSO:…

FirstBank Partners Eventful to Support SMEs in the Fashion Industry

Editor Jul 19, 2019 0

As part of efforts to provide access to market and provide opportunities for entrepreneurs in the Small Medium Scale Enterprise (SMEs) of the fashion industry, First Bank of Nigeria Limited partnered with Eventful Nigeria Limited on its…

Take advantage of FG’s initiatives, SMEDAN tells SMEs

Ibukun Emiola Jun 28, 2019 0

Mrs Iyabo Ojogede, the Oyo State Coordinator of SMEDAN, has urged MSMEs to take advantage of Federal Government’s interventions in micro, small and medium enterprises to grow.The News Agency of Nigeria (NAN) reports that Ojogbede stated…

African Development Bank approves $15m investment fund for SMEs in Nigeria, others

Samuel Oduoye Feb 21, 2019 0

African Development Bank (AfDB) has earmarked a $15 million equity funds for Small and Medium-scale Enterprises in Anglophone West Africa including Nigeria, Ghana, Liberia, Sierra Leone and the Gambia.The fund will be managed by Verod…

Microsoft 4Afrika partners FirstBank to support SMEs

Femi Famutimi Jan 16, 2019 0

On 18 January 2019, First Bank of Nigeria Limited, together with Microsoft 4Afrika, will host a free-to-attend event for SMEs in Nigeria, designed to promote technology adoption and skills development.The event will serve as an official…

China Development Bank, UBA Sign Letter of Intent for a $100 million Loan Deal to Support SMEs in…

Femi Famutimi Mar 2, 2018 0

United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for $100 million…

Facebook to train 50,000 Nigerian SMEs in 2018

News Agency of Nigeria Nov 22, 2017 0

Facebook has said it will train and support over 50,000 students, small businesses and creative entrepreneurs across Nigeria in 2018.Facebook’s Public Policy Director, Africa, Ms Ebele Okobi, during a news briefing on Wednesday in…

Economist urges FG to formulate policies to encourage growth of SMEs

News Agency of Nigeria Oct 31, 2017 0

Dr Gobna Wafure, Economics lecturer at the University of Abuja, has called on the Federal Government to formulate policies to enhance Small Medium Enterprise (SMEs) and the development of the economy.Wafure made the call in an interview…

Experts advise FG to propel SMEs through viable policies

News Agency of Nigeria Oct 19, 2017 0

Some experts have advised the Federal Government to urgently introduce viable policies to propel the growth of Small and Medium Enterprises (SMEs).The experts, who spoke at the 24th Annual Seminar of Lift Above Poverty Organisation…

Afreximbank approves $200m facility for Egypt’s SMEs

Uju Jun 23, 2017 0

The African Export-Import Bank (Afreximbank) says it has approved 200 million dollars facility for Egypt’s Small and Medium Enterprises (SMEs) to boost manufacturing activities in the country.The President of the bank, Dr Benedict…

Sokoto releases N1b to support SMEs

Femi Famutimi May 24, 2017

The money is part of its counterpart fund in a N2 billion intervention fund to be floated in collaboration with the Bank of Industries (BoI).A statement issued in Sokoto Tuesday by Tambuwal's spokesman, Malam Imam Imam, said the…

For Frustrating SMEs, CBN Bans Union Bank, Ecobank, UBA

Tosin May 3, 2017

About 15 commercial banks were on Tuesday barred from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window.According to the Premium Times, the decision by the Central Bank of…

Expert recommends manufacturers’ reliance on local inputs for export competitiveness

Victoria Nov 21, 2016

A cement company official, Mrs Ese Christopher, has recommended the exploitation of local inputs by manufacturers to boost their export competitiveness.Christopher, an expert in the utilisation of indigenous inputs in productive…

Nigeria should promote SMEs to enhance economic growth, food security—Ganduje

Victoria Nov 19, 2016

Kano State Governor, Abdullahi Ganduje has called for the promotion of Small and Medium Scale Enterprises (SMEs) to enhance economic growth and ensure food sustainability in the country.Ganduje said this at the third edition of the…

Why Banks Can’t Lend To SMEs – Minister

Jide Nov 12, 2016

The Minister of State, Budget and National Planning, Hajiya Zainab Ahmed, has linked the inability of commercial banks to lend to Small and Medium Enterprises (SMEs) to Federal Government’s indebtedness to banks via local borrowing.…

Reduce taxes on SMEs, Dangote urges Governments on all levels

Onome Agesse Oct 21, 2016 0

Mr Aliko Dangote, the Chairman, Dangote Groups, on Thursday urged government at all levels to reduce the multiple taxes placed on small and medium scale businesses.Dangote said in a statement in Lagos that the small and medium…

Stanbic IBTC, Google, Partner To Drive Digital Inclusion For SMEs In Nigeria

Kelechi Uchenna Jul 11, 2016 0

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…

6 Social Media Skills Every Business Owner Must Learn

Jumoke Mar 9, 2016 0

Virtually all entrepreneurs and companies have a social medial presence today. But what social skills do you have as a business owner? What skills do you need?Social media provides a great platform to connect leaders and their teams…

SMEs Receive N4.7bn From Bank of Industry

Business Editor Dec 8, 2015 0

The Bank of Industry has so far disbursed a total of N4.7bn loan to the Small and Medium Enterprises sector in the past 11 months.According to the Managing Director, Mr. Rasheed Olaoluwa, says the amount, when compared to the…

Photos: FirstBank Sponsors Sustainability Workshop for SMEs

Business Editor Aug 13, 2015 0

FirstBank Sponsors Sustainability Workshop for SMEs

Jumoke Aug 11, 2015 0

Nigeria’s most valuable bank brand, First Bank of Nigeria Limited, through its Sustainability Centre, FirstBank Sustainability Centre (FSC) has partnered with the Lagos Business School to host a Sustainability workshop for SME practitioners…

FirstBank Sponsors SME Radio Programme, The Economy & You!

Business Editor Aug 3, 2015 0

True to its quest to deepen the SME space and make it accessible to more business start-ups, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has commenced the sponsorship of an SME Radio programme, The Economy & You!…