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Tag Archives: SMES

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

Kemi Adeosun

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 ...

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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 ...

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

DBN Tony Okpanachi

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 ...

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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 ...

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

Fidelity wins award

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 ...

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

waheed-olagunju, BoI boss

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) ...

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

Audu Ogbeh

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 ...

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

VP, Osinbajo

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 ...

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Adeosun hints on how DBN’ll deepen activities of SMEs in economic diversification

Adeosun Buhari

Indications have emerged that the Development Bank of Nigeria (DBN) will serve as strategic catalyst in the growth of Small and Medium Enterprises (SMEs) in Nigeria going by the structure ...

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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 ...

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