Business Hilights

Tracking Nigeria's Headline Business News Online

SMES

GTB lifts over 100 SMEs, says National Food & Drink Festival now, yearly

Guaranty Trust Bank Plc., convener of yearly Food & Drink Festival featuring farmers’ market in order to grow agro-business has assured that considering the gains of the 2017 edition which was well attended, the bank will continue the scheme on…

Our Food /Drink Fair aimed at empowering SMEs, says GTBank

Guaranty Trust Bank has raised the bar in the support of the growth of Small and Medium Enterprises operators in Nigeria with the continuation of the second edition of its food and drinks fair in Lagos today. The event which…

Inability of FG to harmonise roles of development banks’ causing confusion, leakages

Investigations by Business Hilights on the activities of three major development banks of the federal government have revealed strong possibilities of roles overlap, redundancy and leakages of funds for development into wrong hands. A report by the leading online publication…

US Consulate set to train 102 entrepreneurs on business growth management

As part of its contribution to the growth of Small and Medium Enterprises (SMEs), the United States of America Consulate General is set to train and mentor about 102 budding Nigerian entrepreneurs. The US Department is partnering with Field of…

DBN unveils credit strategy, seeks financial input from European Investment Bank (EIB)

Managing Director of Development Bank of Nigeria (DBN), Tony Okpanachi, has opened up on the loan delivery strategy the bank will use to grow Small and medium Enterprises (SMEs) within the first two years. This is the new bank which…

SMEs

FCMB deepens services to SMEs, seals FG’s social intervention scheme in Jigawa

The ongoing window opened by First City Monument Bank (FCMB) for Small and Medium Enterprises (SMEs) has raised the visibility of the banks as more states are cashing on the scheme for their citizens. Only recently, the bank has signed…

Fidelity Bank reveals SMEs don’t have NPLs, disburses N2.3bn to 102

In keeping with its customer care and small business empowerment, Fidelity Bank Plc has disbursed about N2.3 billion of SMEs funds to 102 customers, out of which about N400 million had been repaid so far. Giving a rundown of the…

First Bank, BoI join AGDC to create 5m jobs with eased lending to MSMEs

Startups in Small and Medium Enterprises (SMEs) now stand a better chance of consolidating earlier than expected as the Bank of Industry (BoI) and After School Graduate Development Centre (AGDC) have teamed up with First Bank to drive viable business…

FG fast tracks move on rice export from next year, procures 100 rice mills for states

At a time Nigerians are apparently puncturing the recent claims of the Minister of Agriculture and rural Development, Chief Audu Ogbeh that Nigeria will soon begin exportation of rice, the ministry has purchased 100 rice mills for distribution to rice-producing…

Presidency recalibrates settings to grow ease of doing business at ports, others

Barring any change in plans, the federal government has put in place strategies that will among other things effect positive changes in nation’s ports, business visas, and other national interest sectors of the economy. A statement issued weekend by the…