Business Hilights

Tracking Nigeria's Headline Business News Online

SMEs

CBN trains 135 MSME operators Osun State

The Central Bank of Nigeria has further deepened its Micro, Small and Medium Enterprises (MSME) Development Fund initiative with the completion of training for about 135 operators in Osogbo, Osun State. This was disclosed by the Branch Comptroller, CBN, Osun…

Cowbellpedia winners give antidote to understanding Mathematics

Excited winners and teachers in the just concluded 2016 Cowbellpedia Secondary School Mathematics TV Quiz Show have revealed the various strategies to “arrest” the Mathematics phobia. In many parts of the world,  mathematics is regarded as the bedrock of science,…

Only investments in infrastructure’ll create jobs in Nigeria, others—AfDB

The African Development Bank (AfDB) has made it clear to African countries clamouring for job creation to stop deceiving themselves and invest massively in infrastructure, saying this is the best antidote to seamless job creation. The bank and its allies…

EU may lift ban on Nigerian agro products as FG sets up ‘Zero reject’ scheme

Indication emerged weekend that the European Union (EU) which placed a ban on select agro products from Nigeria on grounds of poisonous contents earlier in the year may lift the ban if the recently launched ‘Zero Rejects’ of agro commodities…

SMEs

Weak SMEs bad for economy as BoI earmarks N300bn for sub sector

The Bank of Industry (BoI) has traced the current economic recession to weak Small and Medium Enterprises (SMEs), saying the surest way out of the mess will be early empowerment and support for the sub sector. This is the background…

W/bank, CBN set up National Collateral Registry to grow MSMEs

The Central Bank of Nigeria (CBN) Thursday began a strategic movement towards easing the business challenges of Micro, Small and Medium Enterprise (MSMEs) sector through the establishment of the National Collateral Registry. This was made public at the end of…

FG set to reduce income tax for SMEs

The federal government is on the verge of crashing all forms of taxes paid by Micro, Small, and Medium Enterprises (MSMEs) in the country to drive their expansion and consolidation in an economy hobbled by recession and credit squeeze. Minister…

Diamond Bank opens new savings window for kids, youths

As a way of laying a foundation for early banking and savings culture for Nigerian youths and kids, Diamond Bank Plc has opened a window of money management opportunity that enables parents and guardians to plan and save for the…

CBN, ACB Foundation train 2,000 youths in Niger State

The Central Bank of Nigeria (CBN) and African Community Bridge Foundation (ACBF) has partnered to train 2,000 youths on entrepreneurship skills acquisition programme for North Central zone of the country in Niger State. Prof. Casmir Obialom, the Programme Director for…

50% of Nigerians in social security net’ll reduce crime rate — Ngige

The Minister of Labour and Employment, Senator Chris Ngige, has said that capturing up to 50 per cent of jobless Nigerians into the social security net will help in reducing crime rate and addressing unemployment. A statement issued by the…