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All posts tagged "SMEs"

  • Ecobank sets up department to finance SMEs

    In its bid to boost the Nigerian economy, Ecobank Nigeria Plc has concluded arrangement to set up a microfinance department to support small business owners in the country. These groups of people constitute the unstructured market and...

    • Posted August 24, 2013
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  • Nigeria spends N50bn on fish importation – RMRDC

    Director-General, Raw Materials Research Council of Nigeria, RMRDC, Prof. Peter Onwualu has stated that Nigeria spends about N50 billiion annually on importation of frozen fish. He made this known at an entrepreneurial development workshop on fish smoking...

    • Posted July 5, 2013
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  • SMEDAN, IOM seek closer tie on SMEs development

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), and the Swiss Government-backed International Organisation for Migration (IOM) have fortified their existing collaboration by signing a Memorandum of Understanding (MOU) for the rehabilitation of Assisted Voluntary...

    • Posted February 17, 2013
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  • Faulty credit system is killing SMEs, local manufacturers – Okeke

    Over the years, investigation had revealed that apart from the epileptic power supply that has affected business operations at every level in this country, poor credit facility has been a major challenge of local manufacturers. In this...

    • Posted February 2, 2013
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  • SMEs in Africa receive boost from Microsoft

      Technology  giant Microsoft have once again shown their  commitment to driving entrepreneurship in Africa as it recently launched a new tool designed specially for the growth and rapid development of small and medium enterprises on the...

    • Posted December 6, 2012
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  • Micro, Small and Medium Businesses to Receive a Boost of N220 billion – CBN

    The CBN has set aside N220 billion for Micro, Small, and Medium Enterprises (MSMEs) and the money is to be released by the first quarter of 2013. A CBN official who spoke in confidence said the money...

    • Posted December 3, 2012
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  • 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
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  • The Case for Privatisation and SMEs in Nigeria and Sub-Saharan Africa (Part 2)

    The benefits arising out of privatisation are too crucial for Nigeria to ignore in the context of its long-term growth plans: * Depending on prudent implementation, privatisation can help strengthen capital markets by widening local ownership through...

    • Posted March 28, 2011
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  • OMSA promo: Oceanic Bank rewards 219 micro business customers

    Oceanic Bank, at the weekend, doled out several gifts to 219 micro-business customers that emerged winners at the grand finale draws on its Oceanic Micro Savings Accounts (OMSA) otherwise known as ‘Be Ya Own Oga’ savings promo....

    • Posted March 28, 2011
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  • NASSI to Launch Loans for Member Firms

    The Nigerian Association of Small Scale Industrialists (NASSI) is set to launch a Guarantee scheme of its member firms.   The President of the body, Mr Chuku  Wachuku, who made the disclosure in Lagos Wednesday said the programme...

    • Posted March 27, 2011
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