Business Hilights

Tracking Nigeria's Headline Business News Online

SMEs

Diamond Bank working with BoI to begin disbursement of N140bn GEEP Fund

Leading smart commercial bank, Diamond Bank Plc., has sealed a partnership deal with Bank of Industry (BoI), to deepen the business activities of micro entrepreneurs in the country. The partnership is a tailored Special Purpose vehicle (SPV) to ease access…

Confusion as arrears pile up for NPower beneficiaries’ select states, FG mute

Barely three to four months after the takeoff of the celebrated NPower job initiative of the Federal Government, investigations have shown that the policy is apparently facing paucity of funds as arrears of monthly stipends have started piling up in…

SMEs capable of taking over 43m Nigerians out of poverty if…—CWG Plc

The Chief Executive Officer of Computer Warehouse Group Plc (CWG), James Agada has given a convincing hint that if government can take issues of youth empowerment schemes very seriously using the window of Small and Medium Enterprises (SMEs), over 43…

SMEs

Multiple registrations that killed SURE-P surfacing again at YES-P—Olagunju, BoI MD

More revelations have emerged on why the current government’s youth empowerment scheme is having serious problems of implementation. Acting Managing Director of Bank of Industry (BoI), Mr. Waheed Olagunju has disclosed that the main problem of YES-P now is the…

New digital platform in place at NYSC to hang ghost Corps members from April

As part of ongoing digitization of government establishments, the National Youth Service Corps (NYSC) has introduced a biometric technology for the corps members’ monthly clearance in South West. The key role of the platform which is planned for nationwide use…

Tony Elumelu Foundation, GE collaborate grow economy, empower Nigerians

The Tony Elumelu Foundation (TEF) has sealed a new partnership deal with General Electric to begin the training of about 25 TEF Entrepreneurs in a dedicated four weeks advanced manufacturing training programme every year at GE’s Lagos Garage. The centre…

Youths react to FG statement on economic recovery being in hands of youths

Less than 24 hours after the Minister of Budget and National Planning, Udo Udoma, said the Economic Recovery and Growth Plan will be driven by science, technology and innovation targeted at the youths, Director of Youth Activities at Africa Environmental…

Airtel lends support to Paraplegic father of 2 on Touching Lives series

Leading telecoms group, Airtel has continued the airing of its Corporate Social Responsibility (CSR) scheme. Latest presentation shows a former flight attendant and father of two as the next beneficiary of Touching Lives, the philanthropic programme sponsored by Airtel. The…

After 47 from Mali, 97 from S/Africa, 180 deportees expected from Libya on Tuesday

Barring any last minute change of mind in Tripoli, in less than two weeks tomorrow, about 324 Nigerians would have been deported back to Nigeria for various offences. Penultimate Sunday, 47 were taken home via a chartered flight jointly arranged…

Funds to maintain deployed cyber security hobbling SMEs in Nigeria, Ghana—ESET boss

Country manager of leading cyber security group, ESET, Mr. Olufemi Ake, has revealed that paucity of fund remains the key challenge frustrating operator of small businesses in both Nigeria and Ghana to maintained their deployed security platforms and grow their…