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No fewer than 40,000 people have applied to benefit from the N75 billion Micro, Small and Medium Enterprises (MSME) survival funds initiated by the federal government.
Minister of State for Industry, Trade and Investment, Mrs Mariam Katagum, says government had received 38,000 applications for the N75 billion Micro, Small and Medium Enterprises (MSME) survival funds.
As the portal for the registration of prospective beneficiaries for the Survival Fund opens on Monday, the Federal Government has released the timetable for categories of businesses to register.
Vice President Yemi Osinbajo has explained that the Federal Government is investing in the small businesses sector to sustain the national economy.
The Lagos State Agro-Processing, Productivity Enhancement and Livelihood Support (APPEALS) project of the World Bank and the Federal Government on Monday trained its beneficiaries on certification and regulations.
The Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr. Dikko Umaru Radda, has dispelled media reports and announcements by some individuals and organizations stating that the Agency is responsible for disbursing the Agric Business/Small and Medium Enterprises Investments Scheme (AGSMEIS) loans to existing and prospective entrepreneurs.
The Abuja Chamber of Commerce and Industry (ACCI), has urged the Federal Government to adjust its policy on business and financial support for private sector during the COVID-19 pandemic to enhance the economy.
Vice Chancellor of Kwara State University, KWASU, Malete, Professor Muhammed Mustapha Akanbi, has said it does not make any sense for Universities to graduate first class students without job enabling skills.
The federal government has rolled out schemes to support Micro, Small and Medium Enterprises (MSMEs) in the country.
The Federal Government will use part of the N2.3 trillion stimulus package to purchase locally produced items as buyer of last resort in line with its Economic Sustainability Plan, according to Vice President Yemi Osinbajo, SAN.
Lagos State Governor Babajide Sanwo-Olu has approved N1billion seed capital for investment in tourism as a loan. Sanwo-Olu announced the approval on Wednesday, at the 6th Lagos Corporate Assembly, held at the Banquet Hall in the State House, Alausa, Ikeja.
Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, has stated that the provision of stimulus package by the Federal Government will go a long way in preventing the country from plunging into deep economic recession.
The Board of Directors of the African Development Fund (ADF) on Friday approved a $69 million grant to support Ghana’s efforts to tackle the COVID-19 pandemic and mitigate its socio-economic impact on the nation.
Senator Uba Sani representing Kaduna Central, in the upper chamber, stated that he is elated by the passage of his Bill for an Act to Repeal the Banks and Other Financial Institutions Act 2004.
The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) on Tuesday called for appointment of compliance officers in government agencies to ensure stability and adoption of best governance practices.
As part of efforts to support small businesses in Nigeria to survive the effects of the COVID-19 pandemic, the Federal Government as planned in the Economic Sustainability Plan is now set to implement a number of schemes to keep MSMEs afloat, according to Vice President Yemi Osinbajo, SAN.
Current realities in Nigeria including the Covid19 Pandemic has brought to light the urgent need for additional support in alleviating the financial constraints faced by MSMEs.
China is running hundreds of detention centres in northwest Xinjiang across a network that is much bigger than previously thought, according to research presented Thursday by an Australian think tank.
Leicester City boss Brendan Rodgers says he’s impressed with the effort of Kelechi Iheanacho and other players who featured against Arsenal on Wednesday.
Bayern Munich midfielder Javi Martinez is willing to take a pay cut to re-join Athletic Club Bilbao this month but negotiations have stalled, as per Marca.
Tiger Woods will defend his Zozo Championship title next month at Sherwood Country Club in California, the PGA Tour said on Wednesday.
A 26-year-old man, Ahmed Ibrahim, on Thursday appeared before an Ikeja Magistrates’ Court, for alleged N770,000 fraud.
The United Kingdom may need to consider reintroducing some national COVID-19 lockdown measures as it continues to record a steady rise in its cases, Reuters reports a leading epidemiologist to have said yesterday.
Governor Babagana Zulum of Borno State has condoled with the Nigerian Army over the demise of Colonel Dahiru Bako, killed in an ambush by Boko Haram insurgents.
The National Drug Law Enforcement Agency (NDLEA) has shed light on the “drug integrity test” for intending couples.
The Police Command in Ebonyi says three more corpses have been recovered from the Akaeze-Ukwu river, where a Mercedes 608-model bus plunged into the river on Sept. 18.
The Trump administration will ban WeChat and video-sharing app TikTok from U.S. app stores starting Sunday night, a move that will block Americans from downloading the Chinese-owned platforms over concerns they pose a national security threat.