Over regulation killing MSMEs in Nigeria
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…
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…
We groom Startups for early survival in Nigeria—Jumia
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…
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…
Miss Kanekanlon pageant to boost Hair, Beauty Industry
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…
Registration racketeering caused 80% MSMEs not to be registered–Survey
Just as the Director General of Corporate Affairs Commission (CAC), Mr. Bello Mamud has said over 80 per cent of SMEs doing business in Nigeria are not registered, another independent survey has indicted the agency as creating a scenario that…
SMEDAN, NICON ink MoU on Insurance Cover For SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has signed a memorandum of understanding (MoU) with NICON Insurance Limited. SMEDAN and NICON, in the agreement, determined to reinforce the agenda of diversification of the economy through the empowerment…
NYSC: CBN earmarks N2.5bn For Entrepreneurial Skills
The Central Bank of Nigeria (CBN) has said it had earmarked a total sum of N2.5bn for members of the National Youth Service Corps with good business ideas. The N2.5bn which was set aside out of the N220bn Micro, Small…
BOI Allocates N10bn for Youth Entrepreneurship Support
The Bank of Industry (BOI) has allocated N10 billion for the Youth Entrepreneurship Support (YES) across the country during the present fiscal year. This disclosure was made on in Maiduguri during the flag off of the capacity workshop sponsored by…
Experts review hurdles facing MSMEs, Startups in Nigeria
As part of renewed efforts to diversify the economy as pursued by the present government, experts in business developments and operators are now giving ideas on how best to create jobs. Whereas the government seems carried away by what can…
