Home / SMEs


Kenyan President, Kenyatta hails Elumelu’s TEF for committing $100m on youths’ dev

Elumelu TEF 33

Just as his entrepreneurial mentorship tour of East African region rounds up in Kenya, the Kenya’s President, Uhuru Kenyatta, has commended Nigeria’s entrepreneur and philanthropist, Tony Elumelu, for committing $100 million using his Tony Elumelu Foundation (TEF) to identify, fund, train and ultimately empower 10,000 African entrepreneurs. The president who hailed him for grooming emerging African business champions said, he ...

Read More »

Chevron recognized for sustained support for small businesses in Nigeria

Chevron Team celebrates award

Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, was recently at the4th edition of the Sub-Sahara Africa Upstream Oil and Gas summit and exhibition held in Abuja from Tuesday April 11 to Friday April 13, 2018, recognized for its sustained support for small businesses in Nigeria. The Summit was organized by Zenith Professional Training Limited. It would be ...

Read More »

TEF picks 1,250 out of 151,692 applicants for 2018 Entrepreneurs programme

TEF 2018

The Tony Elumelu Foundation (TEF) on Thursday in Lagos, announced 1,250 successful African entrepreneurs with the most innovative, high-potential business ideas that will participate in the 2018 Entrepreneurship programme. The 4th ‎cycle selection was made out of over 151,692 applications received from around 114 countries in the continent as part of the ongoing 10-year, $100 million TEF Entrepreneurship Programme. A ...

Read More »

TEF, Red Cross seal fresh deal to change the fortune of 200 entrepreneurs

Tony Elumelu

In line with its key policy of driving Africapitalism, the Tony Elumelu Foundation (TEF) and the International Committee of the Red Cross have signed a Memorandum of Understanding to empower 200 entrepreneurs from Nigeria’s North-East and Niger Delta regions. The collaboration which will leverage on innovative interventions, will brighten the economic outlooks of benefiting communities who had been mostly hit ...

Read More »

Compliments of the season from Business Hilights Publications Group

BH Greetings

We wish everbody a happy Chirstmas and prsoperous new year. Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors. Business Hilights is a premium product of Media Hilights Integrated Company Limited. For ...

Read More »

FG warns N-Power applicants not to give bribe as physical checks begins


Just as the federal government yesterday kicked off physical verification exercise at all the 774 Local Government Areas, the federal government has warned against either giving or taking bribe to disrupt due process. The Physical Verification stage is the process of physically verifying the Age, Gender, Residential Address and LGA, Academic Qualification, and NYSC completion of applicants. In a notice ...

Read More »

Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu


Leading banking wizkid and motivational speaker on entrepreneurial issues, Mr. Tony Elumelu on Thursday, said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. The Chairman of Heirs Holdings and United Bank for Africa (UBA), who at the Lagos Business School Alumni Association 2017 Alumni Day in Lagos ...

Read More »

Group steps up drive to canvass branding of SMEs for growth


The chief executive of Agile Communications and former President, Association of Advertising Agencies of Nigeria, Rufai Ladipo, has started a campaign that will seek to situate Small and Medium Enterprises (SMEs) to grow seamlessly in Nigeria. At a press conference in Lagos to unveil the 2017 SMEs Brands and Conference, he said to a recent research, SME employees account for ...

Read More »

President Kagame, Elumelu to headline YED at the Africa 2017 Forum


The Young Entrepreneurship Day (YED) will bring together some of Africa’s most promising entrepreneurs with investors and new partners to help them scale up their ideas and businesses. The event planned for Egypt is a place where the most successful start-ups will gain access to a deal room and also a one week tailored course at Stanford Already, logistics have ...

Read More »

Dangote flags of Rice backward integration in Kogi with graduate youths

Dangote A

…Targets 1mmt of rice in 2018 Leading industrialist, Aliko Dangote has energized a value chain that will fast forward Nigeria’s quest for backward integration in rice production. This stemmed from the a new Youth Farming Initiative (YFI) powered by Dangote Rice Limited (DRL)  in Kogi State that will engage teeming unemployed Nigerian graduates in rice farming. Besides, the company is ...

Read More »