Small and Medium Scale Enterprises (SMEs) can now quickly access from N5 million to N100 million to purchase equipment needed to grow and expand their businesses,...
A crowdfunding Intermediary, Obelix, has raised N100 million from 9,324 registered small-ticket retail investors in the country. The company confirmed the development in a statement sent...
The United States International Development Finance Corporation (DFC) and Access Bank Plc have signed an agreement on a $280 million support for Small and Medium Enterprises...
Nigerian households, Small and Medium-sized Enterprises (SMEs) will have increased access to financial support from the Central Bank of Nigeria (CBN) in 2022, governor, Godwin Emefiele,...
Amid harsh economic realities, the organised private sector, yesterday, raised concerns over high taxation making the 2022 economy bleak. In a statement yesterday, President, Abuja Chamber...
The number of borrowers approaching financial institutions for loans jumped to its highest level in five years according to the International Monetary Fund (IMF). IMF stated...
The Central Bank of Nigeria has increased the Targeted Credit Facility (TCF) for households and Small and Medium Enterprises (SMEs) from N150 billion to N300 billion....
Vice President Yemi Osinbajo on Monday called on business operators in the country to expose government officials creating articifial problems for them while carrying out their...
The Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Umar Radda, has accused state governments of frustrating efforts to create more wealth for...
The Nigerian government Thursday kicked off two programmes to support around 1.7 million Micro, Small and Medium Enterprises (MSMEs) across the country with N75 billion. Mariam...
It is common knowledge that Small and Medium Enterprises (SMEs) mostly close shop at the expiration of their rents due to harsh business terrain in Nigeria...
Deposit Money Banks, DMBs, in the country can now operate mobile money wallets without getting approvals from the Central Bank of Nigeria, CBN, the apex bank...
The Central Bank of Nigeria (CBN) has concluded plans to setup a National Micro Finance Bank to enhance financial inclusion, and credit to the agricultural sector...
In an effort to end the ongoing strike action embarked upon by Labour unions in the country, the Federal Government has fixed October 4 to reconvene...
A new banking product to enable Small and Medium scale Enterprises (SMEs) save on cost and optimize their business/revenues has been introduced by Stanbic IBTC Bank,...
Contrary to beliefs in some quarters, Small And Medium Scale Enterprises (SMEs) are the catalysts of economic growth and not Direct Foreign Investments. This is the...
Small and Medium Enterprises (SMEs), particularly those on the Ikorodu axis of Lagos State, have cried out that excessive taxation and dearth of supportive infrastructure, among...
Complaints from a cross section of small and medium-size Enterprises (SMEs) that bureaucracy is hindering their access to foreign currencies has seen the Central Bank of...
A new controversy may be brewing within the financial circle as the Central Bank of Nigeria (CBN) has concluded plans to reverse the policy on funding...
The only means of early revival of the present economic crisis is for Nigeria to deliberately devote the two special banks: Bank of Industry, (BoI) and...
The board of directors of the African Development Bank Group (AfDB) through its private sector window has approved a $150 million line of credit (LOC) to...
In from Ali Smart . . . The House of Representatives on Thursday impressed on the Central Bank of Nigeria (CBN) the need to reduce interest...
Nigeria is set to have a new policy regime on taxes across the country. Ripples can authoritatively report that the federal government has approved the harmonisation...
