The year 2020 started with the announcement of the increased VAT rates, moved on to the coronavirus pandemic and its attendant challenges, the global oil crisis and its implications on national revenue, and just after the easing of the lockdown, the recent increase in fuel price. What do all these connotations mean for Micro, Small, […]
Deloitte Africa Leadership has said it is committed to the development of small and medium-scale enterprises by offering unique solutions through delivery models that will enable them to scale operations and their businesses. The firm disclosed this during the launch of Deloitte Private in West Africa in Lagos, according to a statement entitled, ‘Focus on […]
Having a great idea or product, brimming with enthusiasm and confidence that Nigeria and the rest of the world would key into your business is only the beginning of your journey. The road ahead will certainly be filled with speed bumps and potholes, from competitions and internal disputes within your company to inadequate resources and […]
Nigeria-based impact accelerator, FRAGG Impact Growth Accelerator Programme (FIGAP), is calling on for-profit impact SMEs at growth stages across West Africa to apply for its 2020 cohort. FIGAP is a four-month-long programme to close the funding gap for SMEs in the region, by providing support to businesses in the impact and climate sectors in their […]
The Federal Government has released new details on the Micro Small and Medium Enterprises (MSMEs) support scheme being rolled out under the National Economic Sustainability Programme. According to a report gotten from Nairametrics, in estimates provided, the sum of N50 billion will be used to provide payroll support, N200 billion for loans to artisans, and […]
Many business owners in Nigeria don’t know that they are more than just entrepreneurs. Every entrepreneur doubles as an investor. This means that since we have more than 37.07 million SMEs in Nigeria, we have about the same number of small business investors. Imagine that this number of SME owners understood how to invest in […]
When the Federal Government approved the establishment of the N75 billion Nigerian Youth Investment Fund (NYIF), hundreds of thousands young Nigerians were excited about the innovation. They believe it could reduce the increasing unemployment rate, and the general economic hardship now worsened by the Coronavirus (COVID-19) pandemic in the country. In a report from Vanguard, […]
The Federal Government says it has begun distribution of seeds and inputs to farmers in Cross River, to encourage agricultural activities. Minister of Agriculture and Rural Development, Alhaji Sabo Nanono, inaugurated the distribution of palliative incentives to farmers in Calabar, Cross River. The minister in a statement by the Director of Information, Mr Theodore Ogaziechi, […]
Many successful entrepreneurs across the world had to start from somewhere. The primary question on the mind of any young entrepreneur is how did they get there? How did they conquer major setbacks in business? These intelligent minds have had their ups and downs. They also had to go through the toughest of challenges to […]
The Federal Government in its bid to help cushion the effect of Coronavirus (COVID-19) has supported smallholder farmers in Imo State with 20,000 Cocoa seedlings and other improved seeds. The Minister of Agriculture and Rural Development, Sabo Nanono, in a statement issued by the Director of Information, Mr Theodore Ogaziechi, said this on Sunday in […]
