Business Hilights

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SMEs

94 shops, goods worth billions razed in Yaba Market

It was not good news for owners of shops at the popular Yaba Market in Lagos, opposite the Presbyterian Church, as an early morning fire yesterday razed 94 out of the 201 shops. The fire was said to have started…

NDDC warns against fake empowerment schemes

The Niger Delta Development Commission (NDDC) has warned the public against falling into the trap of scammers using forms for enrolment for agricultural empowerment programme purportedly being circulated by the commission. The acting Managing Director of the commission, Mrs. Ibim…

SMEs may begin to recover as Presidency confirms release of 21 Chibok girls

A strong indication is now trending on the possibility of return of dead businesses and new ones coming up, following the confirmation of the freedom of 21 Chibok girls kidnapped by Boko Haram terrorists in April 2014 by the Presidency…

Focus on SMEs to fight recession, LCCI tells FG

The President of Lagos Chamber of Commerce and Industry (LCCI), Dr, Nike Akande, has called on President Mohammadu Buhari to shift attention to Small and Medium Enterprises (SMEs) as a strategy to ease recession faster. This was stated yesterday at…

Anambra sets N1 billion loan scheme for small scale entrepreneurs

As part of renewed efforts to empower youths, eradicate poverty, create job and improve the welfare of the people, the Anambra State governor, Chief Willie Obiano has earmarked over N1 billion for loan to small scale entrepreneurs in the state….

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…

ADVAN moves to strengthen growth of SMEs in Nigeria

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,…

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

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…

FG, World Bank seal $1.3bn SMEs deal

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…

Ngige to unveil Yudala’s YUBOSS scheme in Abuja

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…