As part of its efforts to curb quackery in the engineering and building sector, the Federal Government (FG), on Thursday, inducted 334 artisans into the craftsmanship cadre. Punch reports that, The Federal Government in collaboration with the Nigeria Association of Engineering Craftsmen have elevated and inducted a total of 334 artisans to the level of […]
If you haven’t heard about SMEDAN’s MSME Mass Registration exercise, then you need to read this. Earlier this year, SMEDAN launched the MSME registration exercise. There are several benefits of this exercise to SMEDAN and the MSMEs in Nigeria too. For example, SMEDANs MSME Mass Registration exercise will ensure that the body has an updated […]
Did you know that these companies, Airbnb, Uber, Slack started after the 2008 recession? Although it may seem like a national crisis let alone a global crisis can spell doom for most SMEs and businesses, it is also an opportunity that some agile entrepreneurs have seized to start-up or scale their ventures. Opportunities present themselves […]
EAGLE reportsThe Federal Government on Thursday launched three unique digital products designed and developed for the Micro, Small and Medium Enterprises (MSMEs) to improve their sales, update skills and enhance knowledge. Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment, said while launching the products virtually, that plans were underway to use Nigerian […]
This is the season for businesses across the country to see the bottom line on their income statements change from red to black! Black Friday is just around the corner, and this is a great time to review your sales forecast goals and develop a strategy to meet them through your holiday campaigns. So what […]
It is almost impossible for SMEs to run without loans. Did you know that SMEs in Africa create employment as high as 80%? Africa has continued to expand remarkably as SMEs increase yearly. The challenge, however, for most SMEs in Africa is the lack of funding and access to credit. The government in various African […]
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. Punch reports, The Federal Government has commenced the disbursement of its Micro, Small and […]
What do you know about NEDEP? SMEs in Africa are unarguably, one of the most important sub-sectors of the continent’s economy. These small businesses represent nearly 90% of all commercial ventures across various African countries, employ an astonishing number of citizens each year. They also contribute to the GDP of the countries within which they […]
One of the most common challenges that SMEs in Africa face is raising funds to take the next step. Many business owners believe the only thing standing in the way of their businesses being a force on the global scale is funding. However, funding without adequate SME training is a perfect recipe for disaster. SMEDAN […]
Top global and Nigerian venture fund managers will hold a webinar to guide Nigerian Small and Medium Enterprises (SMEs) on how to use the capital market to attract safe foreign and domestic private equity investments and enable them to grow their businesses. The aim was of the conference is to provide and share ideas on […]
