October 24, 2020

What You Need To Access Lagos State SME Recovery Fund

Following the #EnDSARS protests turned violence, Lagos state government has declared support for owners of stores that were looted and vandalised by hoodlums during the crisis. The state deputy governor, Dr. Obafemi Hamzat, disclosed this on Friday, October 23, via his Twitter handle. Lagos State has set up a recovery fund for the Small and […]

October 23, 2020

FG, BOA Train 100 Women In Agriculture

Punch reports, The Federal Government has trained 100  women on the use of Information and Communication Technology in agriculture development. The National Centre for Women Development, a parastatal of the Federal Ministry Ministry of Women Affairs, said the empowerment with support from the Bank of Agriculture, was to enable them adopt efficient farming techniques and […]

October 22, 2020

FFI Set To Close $42bn Financial Gap Among African Women

Vanguard reports, Future Female Invest, FFI, has said that it is set to close a $42 billion financing gap for African women even as it shops for about 1000 investable businesses for ready women in Nigeria by 2021. FFI is an organization powering financial opportunity for African women with a mission to drive women economic […]

October 21, 2020

Free 250,000 FG/CAC Business Name Registration For MSMEs

Business formalisation Support of the MSME Survival Fund The Federal Government says it has offered free business registration for 250,000 Micro, Small and Medium Enterprises (MSMEs) nationwide under its recently launched Survival Fund Scheme. Amb. Mariam Katagum, the Minister of State for Industry, Trade and Investment disclosed this in an interview with the News Agency […]

October 20, 2020

13,000 Anambra Artisans To Benefit From COVID-19 Grants

Punch reports, No fewer than 13,000 tailors and other artisans in Anambra State are to benefit from the Artisan and Transport Support Scheme of the Federal Government. Under the programme, each beneficiary would receive a grant of between N30,000 and N50,000 to support their businesses. The funds would be disbursed by the Bank of Industry […]

October 19, 2020

World Bank To ProvideOver $50bn In Grants To Most Fragile Countries In 2021

Vanguard reports, World Bank, Wednesday, revealed that it will provide over $50 billion in grants by June 2021 to the most fragile countries and people to reduce the effect of the coronavirus, COVID-19 pandemic. The President of World Bank Group, David Malpass  in its remark at the G20 Finance Ministers and Central Bank Governors Meeting […]

October 16, 2020

Stripe Acquires Nigeria’s Paystack for $200M+ To Expand Into The African Continent

When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more geographies. Today the company is coming good on that plan in the form of some M&A. ThisDay reports, Stripe, an integrated payment […]

October 15, 2020

Applicants Can Now Register For FG’s N75bn Youth Investment Fund

The application portal for the N75 Billion Youth Investment Fund, NYIF is officially open for registration. Youths with business ideas that require funding can apply for the fund The Cable reports, The initiative of the ministry of youths and sports is being funded by the Central Bank of Nigeria (CBN). On July 22, Sunday Dare, […]

October 15, 2020

YouTube Lifts Nigerian Artist With $100m Black Voices Fund

Nigerian artists and content creators who are unable to thrive in the areas of their calling due to insufficient funding can now heave a sigh of relief. This is an online video-sharing platform, YouTube has recently announced that they can now apply for grants from it’s $100m Black Voices Fund. VANGUARD reports that, The Black […]

October 14, 2020

LCCI, SMEDAN Advocate Financial Discipline For SMEs’ Survival

THE GUARDIAN reports, The Lagos Chamber of Commerce and Industry (LCCI), and Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), have urged entrepreneurs to be financially-disciplined to stay afloat in the present harsh economic times. Indeed, the LCCI restated the need to promote conversations around continuity, sustainability, and the progress of Small and Medium […]

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