Small scale business owners in Abia State have called on the Federal Government to provide an enabling environment for the development and growth of micro entrepreneurial activities. They said the provision of an authentic database for Micro, Small and Medium Enterprises (MSMEs) would assist the operators in reaching out to their colleagues in other locations […]
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies and receiving £80,000 in grant capital, bespoke and expert-led venture building support for six months and 1:1 connections with investors and corporate innovators that can help […]
The Agro Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project has commenced the distribution of farm inputs to 10,000 farmers in Kaduna State. The Project Coordinator, Dr Yahaya-Aminu Abdulhadi, made this known during the delivery of the farm inputs to farmers’ cooperatives at Biye, Giwa Local Government on Thursday. Abdulhadi said that the intervention […]
The Association of Water Well Drilling Rig Owners and Practitioners (AWDROP) has identified environmental challenges, lack of business clinics and other problems associated with the Coronavirus pandemic as major constraints to the growth of Micro, Small and Medium Enterprises (MSMEs) in the country. The AWDROP National President, Mr Micheal Ale, who raised this concern when […]
Up to 40 Micro, Small & Medium Enterprises (MSMEs) will benefit from a N2 million facility each, offered by the Rotary District 9110, Nigeria, covering Lagos and Ogun states, respectively. The facility is to enable them to boost their businesses and create more wealth in value chains trading. According to Rotary, the loan disbursement to […]
The African Development Bank Group has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that emerge as a result of the COVID-19 pandemic. In a press release, the institutions said they would prioritize their support to areas in the world where such support is needed most, particularly in […]
The Ekiti Government, in partnership with the Central Bank of Nigeria (CBN), is to empower 1,000 farmers to accelerate cultivation of cassava in the state. Speaking on Tuesday at the launching of the programme in Ado-Ekiti, Gov Kayode Fayemi, represented by the Commissioner for Agriculture, Mr Folorunso Olabode, said that the cassava production value chain […]
The President of Lagos Chamber of Commerce and Industry (LCCI), Mrs Toki Mabogunje has encouraged leaders of Small and Medium Enterprises (SMEs)to remain calm at a time of crisis; saying, the strength o handle stress and remain calm and focused in the midst of chaos will engender hope within their workforce. This calm demeanour, she […]
Nigerian Content Development and Monitoring Board (NCDMB), and some private investors may reduce unemployment in Nigeria by 1,500, and limit the importation of Premium Motor Spirit (PMS) also called petrol through a new investment worth N10 billion ($25 million). Given the poor state of the country’s existing refineries, the investment comes amid continuous reliance on […]
The Governing Council of the Nigerian Content Development and Monitoring Board has approved the expansion of the Nigerian Content Intervention Fund from $200m to $350m. They established on Sunday that the $150m (75 per cent) increase in the fund was part of the decisions taken at the recent NCDMB Governing Council meeting, which held virtually […]
