The Federal Government has announced plans to inaugurate a de-risking fund in May, aimed at improving access to affordable financing for Micro, Small and Medium Enterprises (MSMEs) across the country. Temitola Adekunle-Johnson, Special Adviser to the President on Job Creation…
Gov. Babagana Zulum of Borno has approved N1 billion grants for disbursement to 9,403 Micro, Small, and Medium Enterprises (MSMEs) in Biu and Hawul Local Government Areas of the state. The Grant’s would be disburse under the state government’s economic…
Ecobank Nigeria, in collaboration with the Regional Off-Grid Electricity Access Project (ROGEAP), has unveiled a three-day Entrepreneurship Business Training Workshop for small and medium-sized enterprises (SMEs) in the solar energy sector. The training will take place in Abuja from 10th…
By Paul Mutethia For many small and medium-sized enterprises (SMEs), success is often measured by having adequate stock, a steady stream of customers and consequently revenue. However, an equally critical but often overlooked factor is how businesses accept payments and…
By Seun Ibiyemi In its recent Monetary Policy Committee (MPC) meeting held on February 20, 2025, the Central Bank of Nigeria (CBN) decided to retain the Monetary Policy Rate (MPR) at 27.5 percent. This decision has significant implications for Small…
Reinforcing its reputation as an institution committed to empowering Small Medium Enterprises (SMEs), Wema Bank has undertaken an initiative to empower 800,000 Nigerian businesses; following its Memorandum of Understanding (MoU) signing with the Small and Medium Enterprise Development Agency of…
XTransfer, a Chinese B2B cross-border trade payment platform, and Ecobank Group have signed a landmark Memorandum of Understanding of Cooperation (MOU) to roll out comprehensive cross-border financial services to Africa’s small and medium-sized enterprises (SMEs) engaged in foreign trade The…
Tax experts have emphasised the importance of Small and Medium Scale Enterprises (SMEs) paying close attention to documentation and agreements to ensure they avoid unnecessary tax liabilities. This advice was shared during the first edition of the United Bank for…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a Knowledge Series webinar focused on informing and educating small and medium business owners about the 2024 withholding tax regulations recently introduced by the federal government. The…
It said the programme equips Nigerian Small and Medium Enterprises with essential skills, insights, and resources for entering and thriving in the global market. The Academy, according to a statement from the bank, hosted over 40 participants in Lagos. It…
