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SMEs

GOtv Customer Fair lights up Port Harcourt with top entertainers on stage

Port Harcourt was electric weekend as GOtv held a Customer Fair to kick off its fifth anniversary celebration nationwide. Thousands of customers, who attended the event, were thrilled beyond their expectation as top music acts, comedians and dancers took turns to entertain the audience. GOtv ambassadors, Daddy Showkey and Mr Ibu, led other celebrities, including Aki, Pawpaw, Helen Paul and ...

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ADVAN moves to strengthen growth of SMEs in Nigeria

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Advertisers Association of Nigeria (ADVAN) is poised to scale up its goal of growing Small and Medium-Sized Enterprises (SMEs) in Nigeria with the introduction and expansion of some categories of this year’s ADVAN marketing excellence awards. President of the group, David Okeme explained that the decision to open the elite platform to SMEs was informed by lessons learnt during the ...

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CBN set up YIEDP to drive enterprise among Nigerian youths—Alade

Emefiele CBN

The Deputy Governor, Economic Policy of the central Bank of Nigeria (CBN), Dr. Sarah Alade has said that the establishment of Youth Innovative Entrepreneurship Development Programme (YIEDP) by CBN was designed as an interventionist model in the real sector of the economy and job creation effort. She explained that the programme was internet-based and aimed at improving access to finance ...

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FG, World Bank seal $1.3bn SMEs deal

Buhari M

The Federal Government at the weekend reached an agreement with the World Bank Group and other development partners for the release of about $1.3billion for the funding of Small and Medium Enterprises (SMEs) with the planned takeoff of the Development Bank of Nigeria (DBN).   Nigeria’s Finance Minister, Mrs Kemi Adeosun, who broke the news at a post event press ...

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Ngige to unveil Yudala’s YUBOSS scheme in Abuja

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Details have emerged that beyond musical development and entertainment, new digital sensation, Yudala has begun plans to invest in youth development in the area of entrepreneurial skills. This is coming as the Minister of Labour and Productivity, Senator Chris Ngige has been scheduled to officially launch YUBOSS – an entrepreneurship and wealth creation scheme set up by Yudala in partnership ...

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Over regulation killing MSMEs in Nigeria

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More facts are still emerging on why Macro Scale & Medium Enterprises (MSMEs) are not growing in Nigeria upon the claims of the government on funding and facilitation/ Several surveys on entrepreneurial activities in Nigeria indicate that most the subsector struggle to survive and cannot compete with their counterparts in other countries due to high cost of doing business. Only ...

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Heritage Bank deepens support for startups

Heritage Bank recently took advantage of customers’ service/appreciation week to organise a business fair to celebrate the business activities of   various customers. The fair which took place at 12 Ligali Ayorinde Street, Victoria Island, was an opportunity for various entrepreneurial clientele of the bank to display their products and services to potential customers.  According to a statement issued by the ...

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We groom Startups for early survival in Nigeria—Jumia

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Jumia Travel has explained the secret of the success for its trainees after beginning businesses. The group said “at Jumia Travel, we believe there are other elements that are as important as capital for a business to grow”. “Some of these will include, but not limited to, creating a comfortable environment for startup owners and investors to relate, providing essential ...

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Spend 70% software budget on Local Solutions—ISPON

Mr. Olorogun James Emadoye, president of the Institute of Software Practitioner of Nigeria (ISPON) has revealed that “the next battle field for globalization will be of constructive National Policies and Strategies on software, digital Security and Artificial Intelligence of Things (AIoTs)”. However, other sensitive areas, he said, includes, but not limited to: Empowering the Youth and the New Creative Class; ...

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Miss Kanekanlon pageant to boost Hair, Beauty Industry

okechukwu-enelamah

Kaneka Corporation Japan, manufacturers of Kanekalon hair fiber will once again be crowning the African queen at the second edition of its Miss Kanekanlon pageant billed to hold in Lagos by November. The group in a statement said the pageant will also encourage loyalty to as well as create awareness about Kanekalon as a brand, while also giving back to ...

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