Business Hilights

Tracking Nigeria's Headline Business News Online

SMEs

WFE releases statistics on global SME financing, equity markets

The World Federation of Exchanges (WFE) has published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. The report noted that the sub sector…

Keystone Bank deepens Anchor Borrowers scheme on Agric with N350m credit line

More commercial banks are venturing into agricultural credit scheme to boost food security and employment. This time, Keystone Bank Limited has boosted the Anchor Borrowers Programme with N350million credit line covering 1700 farmers starting with Taraba and Sokoto states. The…

LCCI, Enterprise Europe Network partner to grow SMEs in Nigeria

The Lagos Chamber of Commerce and Industry (LCCI) will tomorrow at the Commerce House, Ikeja, host a team of Enterprise Europe Network members who are in Nigeria to make presentations on how to grow Small and Medium Enterprises (SMEs) with…

SME operators in Kwara set to get N2.5b SME intervention facility

As part of renewed moves to grow the Small and Medium Enterprises (SMEs), the Kwara State Government has injected N2.5 billion into its Small and Medium Scale Enterprises Micro-credit Intervention Scheme. The scheme was launched in 2012 in the state….

Strengthening SMEs to deepen financial inclusion, best option for FG— Enajemo-Isire

The only way to grow the country’s economy and turn the challenges facing the over 17 million entrepreneurs, who are in dire need of growth and expansion to contribute effectively to the nation’s Gross Domestic Product (GDP) crippled by dwindling…

Airtel Touching Lives Season Three broadcast begins on TV stations

The third season of Airtel Touching Lives began airing on television at the weekend. A timetable circulated by Airtel, Africa Magic Urban broadcast the first episode of the new season from 6:30–7pm on Saturday. This is being followed by same…

Bayelsa, BoI seal N2bn MSME matching fund deal, expects boost in entrepreneurship

In line with the new vista in revamping the economy, more states are beginning to deepen the growth and consolidation of Micro Small and Medium Enterprise (MSME). Besides, the Bank of Industry (BoI) seems out to complement the efforts of…

$300m loan scheme coming for young farmer, says CBN

Another vista by the federal government to deepen uptake of farming business across the country has been launched. Coming as the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), it will establish a 300 million dollar agribusiness loan project…

Coalition petition President Biya over Internet shut down in S/Cameroun

DigitalSENSE Africa, in collaboration with Cyber Rights Advocacy Coalition (CRAC) has petitioned the President of the Republic of Cameroun, Mr. Paul Biya, over the Internet shut down in the southern part of the country. The group recalls that the incident…

Okorocha regrets abandoned 31 World Bank projects in Imo State

Governor of Imo State, Owelle Rochas Okorocha has expressed worry on the spate of projects abandonment by the World Bank in the state. Explaining the developments during a working visit to the state by officials of the World Bank, the…