SME Fund: CBN disburses N170bn… N50bn still outstanding

The Central Bank of Nigeria, CBN has said that out of the N220 billion Micro, Small and Medium Enterprises Development, MSMED, Fund available, about...

Why SMEs are Not Participating in International Trade

The Association of Chartered Certified Accountants (ACCA) said that the inability of Small and Medium Enterprises (SMEs) to access external funds to drive businesses is...

SMEDAN Boss Makes Case for Youth Entrepreneurship

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has called for active participation of youths in Micro, Small and Medium Enterprises (MSMEs)...

Bankers Meet to Discuss How Best to Fund SMEs

The Bankers’ Committee, an umbrella body of senior officials of Central Bank of Nigeria (CBN) and chief executive officers of banks in Nigeria, is...

Farmers Microfinance Bank Commences Operations in August

The newly approved Joint Farmers Microfinance Bank, JFMfB,  is set to commence operations in August from Oyo State.   A top official of the bank told newsmen...

Small Businesses to get FIIRO Support – DG

The Federal Institute of Industrial Research Oshodi (FIIRO) has reiterated its commitment to promoting small businesses and reducing unemployment in Nigeria.   Director General/CEO of FIIRO,...

Women Entrepreneurs in Nigeria to Receive Boost from NEPC, ITC

The Nigerian Export Promotion Council (NEPC) and the International Trade Center (ITC) have entered into partnership to launch SheTrades Commonwealth Project (SCP) Nigerian chapter,...

SME Listing: SEC DG calls for Fiscal Incentives

The Securities and Exchange Commission (SEC) has called for introduction of fiscal incentives to encourage the listing of small-scale companies on the trading floor...

N4bn Agric Fund Underway for Agro Entrepreneurs in Ebonyi State

The Bank of Industry (BoI) and Ebonyi State government have signed a Memorandum of Understanding (MoU) on a N4 billion matching funds to boost the fortune...

SMEDAN, NEXIM, BoI Set to Ease SME Loans

The Bank of Industry (BoI) said it has initiated moves with the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) and the Nigeria Export...