All posts tagged "Small and Medium Enterprises"

• 
  CBN to test-run movable collaterals October next year

  FOLLOWING the challenges of access to funds for the Micro, Small & Medium Enterprises (MSMEs) in Nigeria, The Central Bank of Nigeria (CBN) has targeted October 2014 to test-run the registry of movable collaterals. The Director, Development...

  • Posted August 31, 2013
  • 0
• 
  CBN launches N220bn SMEs fund

  There appears to be a new latitude for entrepreneurs in the country as the Central Bank of Nigeria, CBN, yesterday, launched a N220 billion Micro, Small and Medium Enterprises, MSMEs, fund to provide the much needed capital...

  • Posted August 17, 2013
  • 0
• 
  First Bank signs $100m SME facility agreement with China Bank

  In its bid to boost lending to small and medium scale enterprises in Nigeria, and also stimulate economic growth in the country, Nigeria’s Best Banking Brand, First Bank of Nigeria Limited today signed a $100m facility agreement...

  • Posted July 9, 2013
  • 0
• 
  Sahara Energy earmarks N31.6bn for power projects

  Sahara Energy has earmarked $200 million (N31.6 billion) for the development of the Nigeria’s power sector. The company, which won bid for the Ikeja Electricity Distribution Company recently, hinted in Lagos last week, that it would be...

  • Posted March 14, 2013
  • 0
• 
  FCMB secures a $20 million Loan Deal to Boost SMEs

  In a bid to support its Small and Medium Enterprises (SMEs) customers, FCMB has secured a three-year term loan from Citigroup Global Markets Limited (Citi).   According to a statement from Citibank Nigeria, which was issued on...

  • Posted October 30, 2012
  • 0