THE GUARDIAN reports, The Lagos Chamber of Commerce and Industry (LCCI), and Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), have urged entrepreneurs to be financially-disciplined to stay afloat in the present harsh economic times. Indeed, the LCCI restated the need to promote conversations around continuity, sustainability, and the progress of Small and Medium […]
The Agri-Business/Small and Medium Enterprise Investment Scheme is an initiative to support the Federal Government’s efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic development and employment generation With the CBN AGSMEIS Loan, you can access up to N10M at 5% per year from the […]
The Nigeria Postal Service (NIPOST) will by December, 2020, commence three new business ventures as part of its repositioning plans. According to the Minister of Communications and Digital Economy Dr Isa Ali Ibrahim Pantami two out of these companies have been registered. World Post Day is a day set aside to celebrate the establishment of […]
Punch reports, The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes. The acting Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a statement on Thursday entitled ‘Beware of fraudulent loan offers, investment schemes.’ It said its attention had been drawn to fraudulent messages and videos […]
The Guardian reports, Governor Okezie Ikpeazu has commended the Council of the Nigerian Stock Exchange (NSE), for creating the platform that would support the growth of small and medium enterprises (SMEs) in Abia State, assuring that the interventions work. The Governor stated this while receiving the President of Council, NSE, Otunba Abimbola Ogunbanjo, and his […]
In a bid to ease citizens from economic challenges imposed by the pandemic, the Federal Government announced it has initiated the development of an Economic Sustainability Plan of N2.3 trillion to improve payroll support to businesses, Micro Small and Medium Enterprises (MSMEs). The Sun reports that, The Minister of Works and Housing, Mr Babatunde Fashola, […]
The Survey which is coming after a similar one conducted twenty-two years ago (1997/98) is necessary, especially now that the current government is restructuring the economy for faster growth through support to Small, Medium and large-scale enterprises, in order to increase their productivity. The National Business Sample Census is expected to last two months from […]
The African Development Bank, the government of Nigeria and Microsoft on Monday launched the Digital Nigeria eLearning Platform, to provide marketable digital skills to the country’s youth. The Digital Nigeria eLearning Platform is a key component of the Digital Nigeria programme, which aims to empower innovators and entrepreneurs with the requisite skills to thrive in […]
On the 1st of October 2020, President Buhari launched the Artisan/Transport scheme under the Survival fund program. 333,000 artisans and transport businesses will be provided with 30 thousand Naira Grant each to reduce the effect of income loss during a pandemic. The following clusters have been identified as targets: ARTISAN CLUSTER Mechanics Associations and unions […]
Nigerian Youth Investment Fund NYIF is a government initiative created to boost the Nigerian economy through leverage and access to finance for youths. The NYIF aims to reach 500,000 youth annually between 2020 and 2023. Each fund approval will range from N250, 000 to N50, 000,000, with a spread across group applications, individual applications, working […]
