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SMEs

FG warns MDAs against frustrating startups, SMEs as NAFDAC gets ultimatum

MSMEs

To avoid being a clog in the wheel of progress, the Federal Government Tuesday directed NAFDAC to register all small and medium enterprises (SMEs) exhibitors at the ongoing 1st Nigeria Food Safety and Investment Forum within two weeks. Accordingly, the directive was extended to all MDAs where SMEs operators may need to register for one thing or the other. The ...

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Proshare Nigeria unveils Mobile App to drive business

Proshare has announced the unveiling of its Mobile App which is now live on Android mobile devices. This development is coming as a response to feedbacks received from its esteemed readers and subscribers on the need to make credible financial information readily available to its subscribers. It would be recalled that on February 29, 2016, Proshare launched a more robust ...

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FG plans skills acquisition scheme in 18 states, as Lagos targets 900,000 jobs

MSMEs

All is set for the federal government to begin skill acquisition training in 18 states across the six-political zone of the federation in March. This is as the Lagos State Government has disbursed about N1 billion to 705 beneficiaries of the Pilot Scheme of the N25bn Employment Trust Fund (ETF), an initiative to drive the growth of the Micro, Small ...

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Ikpeazu deepens E4E, trains 500 youths on ICT appreciation

Ikpeazu Abia

Abia State Governor, Chief Okezie Ikpeazu has stepped up the state youth empowerment scheme by flagging off a three-day ICT induction/training at Kiara College, Umuahia for over 500 youths. The programme is coming under the state’s Education For Employment (E4E) scheme established to anchor youths empowerment and job creation in the state. The E4E progrmame emphasises practical skill training according ...

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FG launches MSME clinic with mandate to resolve challenges of startups

smes logo

In line with the promises of the government in using Small and Medium Enterprises (SMEs) to drive economic diversification, the Federal Government Tuesday unveiled the MSME Clinics. The programme is designed to help tackle the challenges faced by micro, small and medium enterprises (MSMEs) in Nigeria. Speaking in Abuja during the launch, Vice President, Professor Yemi Osinbajo said the scheme ...

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CBN boosts rice farmers’, plans joint interest-free loans for 7,000 Zamfara farmers

All is set for about 7,000 rice farmers in Zamfara State to benefit from interest-free loans being packaged by the state government and the Central Bank of Nigeria (CBN) for the 2017 dry season farming in the state. This was revealed by the Special Adviser to the state governor on the Comprehensive Agricultural Revolution Programme (ZACAREP), Alhaji Aminu Dankwangila, disclosed ...

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Kenya’s SMEs get $90m from AfDB to grow businesses, innovations

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Arrangements have been concluded between the government of Kenya and the Africa Development Bank (AfDB) to inject about $90m to the activities of SMEs in Kenya to boost trade finance. In a statement by AfDB, the beneficiaries including SMEs and local businesses will use the facility to deepen infrastructure, tradable and other transformative sector transactions in Kenya. The financial package ...

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Lagos ETF beneficiaries hit 705, access total of N1bn

The Governor of Lagos State, Mr. Akinwunmi Ambode on Thursday gave our cheques worth over N1billion to 705 beneficiaries of the Lagos State Employment Trust Fund (ETF) pilot scheme. In his remarks, he urged beneficiaries to utilise the funds responsibly by expanding their coasts so as to grow their businesses, create jobs for the unemployed youths and contribute to the ...

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MainOne boosts SME solution to new areas in Lagos

Funke Okpeke, Mainone boss

Domineering cable service group, MainOne Cable Company has announced the extension of the coverage areas of its SME-in-a-Box bundled connectivity solution across new areas in Lagos. The lucky locations include Yaba, Surulere, Victoria Island, Ikoyi and Marina. In a statement Wednesday, the group said the businesses within the region can now benefit from the new high performance Internet solution targeted ...

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BVN confusion raises questions on claims that it was used to scream N-Power beneficiaries

Whereas the National Orientation Agency (NOA), has said that wrong Bank Verification Numbers (BVN) and account numbers provided by beneficiaries of the N-power job was responsible for delay in payment of their stipends, it would be recalled that the agency had earlier this month told Nigerians that BVN was used to scream and profile all beneficiaries. The question then remains ...

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