Tag
SMES
The Federal Executive Council has granted its consent for the disbursement of N60 billion from the Central Bank of Nigeria via the Agric Small and Medium Enterprises Investment Scheme to boost small business growth, particularly among young entrepreneurs nationwide.
In a move aimed at revitalising the Nigerian economy, the National Institute of Credit Administration (NICA) has called on the Federal Government to establish a comprehensive credit guarantee system to aid struggling businesses across the nation.
With a wealth of experience spanning over three decades, Ziad Maalouf, Managing Director of Seven-Up Bottling Company (SBC),...
FMITI has disbursed three N200 billion funds through the Bank of Industry (BOI) that will support businesses across the country at a favorable interest rate of 9%.
Governor Ademola Adeleke of Osun State has approved the release of a N1 billion revolving loan scheme to support SMEs in the state.
The Nigerian government has entered into agreements with the Czech Republic to finance and support research, development.
SMEs in the transport and logistics, agro-processing, automotive, and pharmaceutical sectors across Africa are set to enjoy funding as the UBA and the AfCFTA recently signed a $6 billion Memorandum of Understanding (MoU) to fund SMEs in these sectors.
The Anambra State Government and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) recently entered into a financial agreement worth N1 billion in Awka, the capital of the state.
During the turbulent economic situation, a few banks were upstanding and served as adequate lifeline to businesses.
First City Monument Bank (www.fcmb.com) has explained that its increased and consistent support to Small and Medium Scale...
Google has announced new initiatives targeted at startups and SMEs in Africa.
SMEs and businesses that want to survive must think beyond growth to remain in business and the only way to that is to build a resilient business.