Tag Archives: SME

Access Bank says it is investing a billion dollars to boost 10 million Small and Medium Enterprises (SMEs) in Africa over the next five years. Mr. Seyi Kumapayi, the Executive Director in charge of African subsidiaries said this on the sidelines of a two-day SMEs Immersion Round table in Lagos. The theme of the SMEs round table is: Enhancing the …

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The people behind one of the fastest growing off-grid solar companies in Africa have said that the mobile solar revolution will transform Nigeria’s small-business economy. Access to power is a major constraint for Nigeria’s SMEs, and thousands are now using the Lumos Mobile Electricity service (www.Lumos-Global.com), which provides customers with reliable, clean, affordable solar electricity. Lumos Nigeria CEO Yuri Tsitrinbaum …

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Adeife Adebiyi is a 2012 Mass Communication graduate of the University of Lagos (UNILAG). The writer and spa therapist has since capitalised on her interest in arts which she aspires to grow into a big brand. Today she is into embellishment and has produced beautiful frames and unique designs and she has used the social media in marketing her products. …

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For the Proprietress of Yaky-Y Ventures, Lagos, Mrs. Iyabo Obokhale, Nigerian economy is moving from bad to worse. According to her, when she started her business eight years ago, the economy was enjoying a boom and business was stable but today the economy is nothing to write home about. “I started eight years ago and if I want to compare …

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E-divided Complaint: SEC re-interate June 2017 Deadline Date …To withdraw operators license over recapitalisation failure by December FRIDAY EKEOBA Worried about the slow adherence by investors in the capital market on the issue of e-dividend, the Security and Exchange Commission (SEC) has reiterated that June 31st 2017 remain the final compliance date in the equity market. SEC said it has …

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The African Development Bank has approved a nine million dollar equity investment in the Fund for Agricultural Finance in Nigeria (FAFIN) to provide expansion capital to agricultural small and medium-sized enterprises (SMEs). This was contained in a press statement issued by the bank on Monday and published on its web: www.afdb.org. According to (NAN) the statement said that FAFIN is a first-generation private …

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