November 12, 2020

Aig-Imoukhuede, FMDQ, NSE For Conference On SME Financing

Top global and Nigerian venture fund managers will hold a webinar to guide Nigerian Small and Medium Enterprises (SMEs) on how to use the capital market to attract safe foreign and domestic private equity investments and enable them to grow their businesses. The aim was of the conference is to provide and share ideas on […]

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 8, 2020

NSE, Abia Collaborate On SMEs Development

The Guardian reports, Governor Okezie Ikpeazu has commended the Council of the Nigerian Stock Exchange (NSE), for creating the platform that would support the growth of small and medium enterprises (SMEs) in Abia State, assuring that the interventions work. The Governor stated this while receiving the President of Council, NSE, Otunba Abimbola Ogunbanjo, and his […]

September 24, 2020

DBN: Experts Advocate More Capacity Building For Increased Lending To SMEs

One of the major impediments to business growth in Nigeria is capacity building. This is against the wrong belief by many business owners and finance experts. Capacity building encompasses various aspects of a business from the business idea, customer engagement, funding, bookkeeping to sales and marketing, recruitment, logistics, regulatory and environmental issues, among others. At […]

September 22, 2020

COVID-19: Google Announces Support For SMEs,Teachers; Partners Nigeria’s Sports Ministry

Small businesses have been hit the hardest during this period. Many of them have had to figure out quickly how to pivot their operations to a ‘digital-first’ approach. Yet, there remains a gap between those who can access these online opportunities and those who can’t. That’s the gap google sets to bridge with these initiatives. […]

September 16, 2020

Cybersafe, UK Target 1500 SMEs, 4500 Employees With Startup Grants

Vanguard reports that, Non-governmental organization in the information security domain, CyberSafe Foundation, has unveiled plans to equip digitally vulnerable groups and 1500 SMEs with the knowledge and skills required to identify, protect, detect, defend and respond to COVID-19 instigated cyber threats, enabling a safe digital community. The foundation which said it is on a mission […]

August 31, 2020

How MSMEs can register with SMEDAN

Recently, SMEDAN launched a mass registration program for MSMEs nationwide. The aim is to provide support to small and medium scale enterprises within the country. It is expected to provide SMEDAN with a comprehensive list of MSMEs to ensure that it carries out its functions effectively. Asides helping the body achieve its aims, MSMEs also […]

August 25, 2020

Important Statistics To Know As An SME In Nigeria

Many people dream of owning an SME in Nigeria and it’s not a bad idea to aspire to, considering that there are over 37 million SMEs in Nigeria. The truth is that the idea of starting a new business can be daunting. But by splitting the process into steps, it becomes easier to take the […]

August 14, 2020

SMEDAN Commences Nationwide Registration Programme For MSMEs

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN),  has launched a nationwide mass registration programme that is designed to provide tailored and critical hand-holding services to the informal operators (medium,small and micro enterprises) in Nigeria. Vanguard reports that the programme is expected to facilitate the development of a comprehensive database for MSMEs in the […]

July 24, 2020

SME Logistics Receive Boost as FG Approves New Guidelines to Replace N2M Licence fee

The Federal Government has approved new regulations for courier and logistics services in the country. The new guidelines dubbed Courier and Logistics Operations 2020 was signed by the Minister of Communications and Digital Economy, Dr Isa Pantami. According to the minister, the new regulation will enhance the powers of the Nigerian Postal Service (NIPOST) to […]

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