In October, the Federal Government had commenced the disbursement of a N30,000 one-time grant to 330,000 artisans across the country. The grant was launched across Lagos, Kano, Abuja and nine other states, as the first batch. Nairametrics reports, FG has informed the public that due to operational challenges, the Survival Fund website has been migrated. […]
Raising funds for your business is one of the biggest challenges that entrepreneurs face. If you are in this position, you must be seeking ways to position your business to attract investors. You need to have a clear idea of how to pitch your SME business to attract investment from financiers. This is very important […]
Expenses are part of the story of starting and running businesses. Setting up a business can be seen as an exciting adventure as business owners create solutions to problems and earn profits as a result of it. However, it is also true that this quest of problem-solving and creating solutions can be expensive. Business owners […]
Youth unemployment in the country has been a growing concern. This problem has led to an increased rate of violent crimes, kidnappings, restiveness and socially delinquent behaviour among them. Recently the youths of Nigeria led an #EndSARS protest and one of their cries was for the government to create employment in the country. The minister […]
Government has a role to play in helping SMEs thrive. SMEs in Africa are the biggest contributors to the Continent’s economy. In Ghana alone, small businesses contribute a whopping 70% to Ghana’s GDP. According to this report, SMEs in South Africa account for 91% of businesses, 60% of employment and contribute 52% of total GDP. […]
The grant for Rural Women programme was introduced to sustain the social inclusion agenda of the present administration, including the realization of the National aspiration of lifting 100 million Nigerians out of poverty in 10 years. It is designed to provide a one-off grant to some of the poorest and most vulnerable women in rural […]
In its bid to support young Nigerians, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN),introduced a Talent Hunt Programme aimed at discovering hidden talents to identify and showcase innovative ideas in Fashion, Arts and Craft. Now (SMEDAN) and the Zamfara State Government will host youths, women and persons with disabilities on a talent […]
Funded by the Central Bank of Nigeria (CBN), the NYIF scheme was launched by the Federal Ministry of Youth and Sports Development (FMYSD) to provide investment loans to youths and youth-owned businesses in the country. Individuals or non-registered businesses can access up to N250,000 in funding while youth-owned registered businesses can apply for up to […]
A lot of people are searching for new ways to earn additional income. This is why VTU businesses are becoming common in Africa. If you are reading this post, there is a huge chance that you are at best thinking about having one. However, running a successful SME in Africa demands that you expand your […]
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 Presidency on Tuesday said the payment of N30,000 one-time grant to […]
