Business Hilights

Tracking Nigeria's Headline Business News Online

SMEs

BoI, development partners seal N10bn loan deal for SMEs in farming

The Bank of Industry (BoI) is set to step up seed money to Small and Medium Enterprises (SMEs) in agricultural sector this year as it seals Memorandum of Understanding (MoU) with three international development partners. Major aspect of the agreement…

Heritage Bank plans to boost SMEs via YESGS with N50m

Leading money deposit bank (MDB), Heritage Bank Limited is set to pump about N50m into budding businesses by young Nigerians via the Nigerian Young Professionals Forum (NYPF) to drive support the Young Entrepreneurs and Students Grant Scheme (YESGS). The bank has…

Create room for SMEs growth than employing youths to doing nothing for govt, expert tells Obaseki

Leading Small and Medium Enterprises (SMEs) analyst and youths motivational speaker, Dr. Emma Osahon has challenged the Edo State Governor, Mr. Godwin Obaseki to think out of the basket and put in motion, infrastructures and enabling facilities that will encourage…

Girie, 3 other Nigerians elected chairman, members of WASME board in India

The activities of Nigerians in driving the growth of Small and Medium Enterprises (SMEs) have started yielding international fruits as a Nigerian, Alhaji Babale Umar Girie, has been elected the board chairman of the World Association for Medium and Small…

BoI spends N27.17bn in two years on SMEs, says sector strategic to economic development

The Acting Managing Director/Chief Executive Officer, Bank of Industry (BoI), Mr. Waheed Olagunju, has revealed that the bank supported the growth of Small and Medium Enterprises (SMEs) between 2015 and last year. It would be recalled that BoI has a…

UBA boosts MSMEs activities with merchant-focused App, Masterpass QR

Leading financial, United Bank for Africa (UBA) has stepped up assistance to Micro, Small and Medium Enterprises (MSMEs) by introducing its first merchant-focused app in Africa. The new product is aimed at creating a SMART (secure, mobile, accessible, reliable, transparent)…

Amnesty scheme rejigs, plans to train, empower 10,000 repentant militants in farming

Indications have emerged that contrary to speculations that the federal government has reduced budget for the continuation of Amnesty Programme, the Presidential Amnesty Office says plans are ongoing to train and empower 10, 000 repentant militants in in agriculture. The…

Elumelu Foundation’s 3rd round entrepreneurship scheme begins today

The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme from today, the first working day of year 2017. A source from the foundation however, hinted yesterday that the programme will take…

150 SMEs got facility from ETF out of 281 micro-enterprises in Lagos

Indications have emerged that about150 small and medium enterprises (SMEs) have received offer letters under the pilot scheme of its Employment Trust Fund (ETF) while 281 micro-enterprises have gotten approval and are waiting for access to the fund before the…

Airtel Named ‘Best Company in Support of Youth Development’

Leading telecommunications services provider, Airtel Nigeria, has been named the ‘Best Company in Support of Youth Development’ by the Nigerian Institute of Public Relations (NIPR), Lagos State Chapter. The award was presented to the telco at the maiden edition of…