Tag Archives: SMEs

…Aims To Boost Local, Global Economic Growth Of SMEs Connect Nigeria will equip thousands of Small and Medium Enterprises (SMEs) with social and technological innovation to grow their businesses amid current economic challenges during the seventh edition of its annual Business Fair. Chief Executive Officer, Connect Nigeria, Emeka Okafor, explained that lack of access to funds is not the only …

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Tayo Olanipekun The U.S. Overseas Private Investment Corporation (OPIC) has approved $200m in financing to help Union Bank of Nigeria expand its lending to Small and Medium Enterprises (SMEs) and to invest in upgrades of the bank’s digital banking projects. The funding is part of nearly $900m the U.S Government’s development finance institution, on Thursday, approved during its final board …

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Leading commercial bank, Sterling Bank Plc has partnered with Tata Africa Services Limited to unveil a revolutionary auto loan scheme which offers free spare parts and attractive discounts to business owners in Lagos at the weekend. The novel financing scheme, which has a maximum tenure of three years, will sort out the logistic challenges facing business owners as they strive …

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Nominee Chairman of the Federal Road Maintenance Agency (FERMA), Dr. Tunde Lemo has advised Nigerians to take their destinies in their hands and mind the process producing leaders in the country. Lemo, former Deputy Governor of the Central Bank of Nigeria (CBN) gave this charge at the 70th anniversary of Nigeria’s foremost tertiary institution; the Yaba College of Technology in …

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The Chairman of African proprietary investment company, Heirs Holdings, Tony Elumelu, has called on the government to prioritise SMEs, the Creative Sector and access to electricity to drive job creation, inclusive growth and the diversification of the economy. He made this call while speaking on the topic “Opportunities, Productivity and Employment: Actualizing the Economic Recovery and Growth Plan” at the …

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Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as ‘Nigeria’s Best Bank & Africa’s Best Bank for SMEs’ during the 2017 Euromoney Awards which held in London on Thursday, July 06, 2017 at the prestigious Tower of London. Now in its 26th year, the Euromoney Awards for Excellence covers more than …

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Red Star Express Plc is set to host entrepreneurs and owners of Small and Medium Enterprises to a forum to give them support by sharing insights, information and industry advice as it affects them in relation to the growth of their business. This event will seek to provide advice and logistics resources from Red Star Express, other industry leaders and …

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Sokoto State Government has released the sum of N1bn to support small and medium scale enterprises in the state. The money is part of its counterpart fund in a N2bn intervention fund to be floated in collaboration with the Bank of Industries. Speaking when he led officials on an inspection visit to SG Adiya Farms in Bodinga LGA of the …

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The Acting Managing Director, Bank of Industry (BoI), Waheed Olagunju has said the bank is committed to its five-year plan of growing the small and medium-scale enterprises (SMEs) by pumping N310 billion into the sector. Olagunju who spoke with reporters at the weekend in Offa, Offa Local Government Area of Kwara State, added that the bank will continue to support …

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  President  Buhari          Minister for Finance, Adeosun Economic growth as panacea for employment creation The growth of an economy, especially as it relates to the wellbeing of its citizenry, is best measured by the numbers of its productive class that are meaningfully employed. In this piece FRIDAY EKEOBA x-ray government claims to growth in the face of dwindling economic indicators. …

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