Home Topics SMEs


UK, NEPC partner to boost export trade in Nigeria

The British Government, through the Prosperity Fund’s Global Trade Programme (GTP), is providing export intervention programmes to export coaches and Nigerian Small and Medium Enterprises (SMEs) interested in exporting to the international markets (including the UK).

Central bank injects $325.5 million into retail market

The Central Bank of Nigeria (CBN) has injected $325.5million in the Retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and short-tenured forwards segment of the inter-bank foreign market.

Kogi guber: PDP’s Musa Wada no match for Governor Bello – aide

The Special Adviser to the Kogi State Governor on Job Creation and SMEs, Hon. Danladi Sulaiman Aguye, has said that the candidate of the People’s Democratic Party (PDP), Engr. Musa Wada, will suffer a ‘bloodied nose’ in next month’s governorship election in the state.

Industrialist traces youth unemployment to poor energy situation

An industrialist, Alhaji Ganiu Adelani, Chairman/CEO, Adeirorun Enterprises Nigeria Limited, has traced the high level of youth unemployment to the poor state of energy supply, which he said has been stalling industrial growth and other small and medium enterprises (SMEs) that would have provided massive employment in the country.g

Central bank deducts N500 billion from Zenith, GTB, Citibank, UBA, 8 others

The Central Bank of Nigeria has deducted N500 billion from the accounts of 12 banks for failing to meet the target to provide credit to their customers.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

Abuja trade fair extended to October 2

The on-going 2019 Abuja International Trade Fair (2019AITF) organised by the Abuja Chamber of Commerce and Industry (ACCI) has been extended to Wednesday, October 2.
L-R: Executive Director, Fate Foundation, Adenike Adeyemi; Chairman, Annual Alumni Planning Committee, Toyin Bakare; Lagos State Deputy Governor, Dr. Kadri Obafemi Hamzat; CEO, SLOT Systems Limited, Nnamdi Ezeigbo; CEO, Global International College, Bolaji Osime and Head, Growth Support Services, Fatai Olayemi at the 4th Fate Foundation Annual Alumni Conference held in Surulere on Wednesday, 25th September, 2019.

Our administration is committed to funding SMES – Lagos deputy governor

The importance of Small and Medium Scale Enterprises (SMEs) to the growth of the economy was re-emphasized on Wednesday at the 4th FATE Foundation Annual Alumni Conference held in Lagos.
Hadiza Bala Usman

NPA partners ministry, agencies to end port gridlock

The Nigerian Ports Authority has said that it would partner the Ministry of Works and Housing and other relevant agencies to rehabilitate port access roads to stop gridlocks around the seaports.
President Muhammadu Buhari with Governors Godwin Obaseki, Dapo Abiodun and Babajide Sanwo-Olu in New York

UNGA: Lagos governor pursues investment in electricity, health, others

Governor Babajide Sanwo-Olu has said that 9,000 megawatts is the amount of energy required to transform Lagos State economy.
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

Federal government pledges support for SMEs to grow

Vice President Yemi Osinbajo on Monday in Abuja, reiterated Federal Government’s commitment to provide Micro, Small and Medium Enterprises (MSMEs) with the needed support to grow.

Central bank apologises for cashless policy inconveniences

The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the reintroduced cashless policy will cause.

Central bank Injects $210 million into forex market

The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into interbank segment of the Foreign Exchange Market following sales concluded on Tuesday.

Chamber: Abuja trade fair to feature 45 foreign companies

The Abuja Chamber of Commerce and Industry (ACCI) says the forthcoming 2019 Abuja International Trade Fair will feature 45 foreign companies to strengthen businesses, trade and investment opportunities in the country.

Keystone Bank partners Google, Facebook on digital marketing for MSMEs

In demonstration of its commitment to consistently promote and support the growth and development of the real sector, Keystone Bank Limited has embarked on a series of capacity building training in digital marketing and bookkeeping for its micro, small and medium enterprises (MSME) customers across the country.

Forex: Central bank intervenes with $321.11 million, CNY33.3 million

The Central Bank of Nigeria (CBN) on Friday said it made another intervention in the Retail Secondary Market Intervention Sales (SMIS) with the injection of about $321 million.
Bank of Industry (BoI)

BoI disburses $2.4 billion to two million SMEs

The Board Chairman, Bank of Industry (BoI), Aliyu Dikko, on Thursday said the lender has provided financial support worth N678 billion ($2.4 billion) to over two million Small and Medium Enterprises (SMEs).

CSOs task central bank on sustaining improved economic policies

As the 5th All Nigeria Civil Society Economic conference came to a close in Abuja, stakeholders at the conference have called on the Central Bank of Nigeria (CBN) to sustain the improved reform economic policies, rising investment opportunities and Agricultural development.
Ogun state governor Prince Dapo Abiodun has tweeted his real official portrait, as against the image that is being circulated by street traders in Abeokuta, the capital.

Ogun governor announces reform on ease of doing business

Ogun State Governor, Dapo Abiodun, on Wednesday said his administration has introduced some reform initiatives that would help reduce bureaucratic bottleneck and improve ease of doing business in the state.

Recent Stories

Wilfred Ndidi scored for the second time this season, as Leicester City moved to third place on the Premier League table, after recording a massive 5-0 win over Christian Atsu’s Newcastle United at King Power Stadium.

Wilfred Ndidi dedicates Leicester City home win against Burnley to late Foxes owner

Leicester City midfielder Wilfred Ndidi has dedicated Saturday’s 2-1 home win against Burnley to the club’s late owner Vichai Srivaddhanaprabha.

SERAP urges ICPC, EFCC to probe Senate, MDAs over ‘employment slots scandal’

The Socio-Economic Rights and Accountability Project has asked the Independent Corrupt Practices and Other Related Offences Commission and Economic and Financial Crimes Commission to “jointly carry out a prompt, thorough, transparent and effective investigation into allegations that principal officers and members of the Nigerian Senate are using their official positions to get job slots from government agencies.”
Nigeria Football

Unilorin wins third JAMB tertiary institutions football competition

The University of Ilorin on Saturday beat Nuhu Bamali Polytechnic of Zaria 1-0 to win the third edition of the Joint Admissions and Matriculation Board-sponsored tertiary institutions football competition.

Senator Ken Nnamani urges alumni associations to support their alma maters

Former Senate President Ken Nnamani has urged old students associations to support their alma maters in the area of infrastructure development and maintenance of facilities.
Britain’s Prime Minister Boris Johnson gestures as he speaks to members of Britain’s military during a reception for the Armed Forces inside 10 Downing Street in Central London on September 18, 2019. John NGUYEN - POOL - AFP

British premier to seek extension after MPs back Brexit delay

Prime Minister Boris Johnson is to write to Brussels seeking a Brexit deadline extension after MPs voted Saturday to demand he delay Britain’s October 31 departure date.