Business Hilights

Tracking Nigeria's Headline Business News Online

Small and Medium Enterprises (SMEs)


Konga leads new normal, unveils Bulk Monday

Konga, Nigeria’s foremost ethical and innovative composite e-Commerce brand is set to unveil a revolutionary new solution – Konga Bulk – which the company says will represent the new normal for forward-thinking businesses and consumers in the Nigerian corporate space….


COVID-19 Virtual Hackathon: NCC to boost Research with N9m to Winners

The Nigerian Communications Commission (NCC) is set to award research grants to the tune of N9 million to three deserving Nigerian startups with proposals for adaptable digital solutions for containing the impact of COVID-19 pandemic in the country. The selection…

Elumelu in Paris summit, seeks private equity inflow into Africa’s SMEs

Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA), Mr Tony Elumelu, has stressed the importance of private equity inflow into Africa, with a focus on investing in small and medium scale businesses, the lifeblood…

Fidelity Bank flags off SME Funding Connect for businesses in Lagos, others

In keeping with its policy of driving growth in the informal sector, the management of Fidelity Bank Plc., has unveiled the Fidelity SME Funding Connect in Lagos. According to the bank, the idea is to serve as a catalyst in…

Fidelity Bank dolls out N2.6bn for 2,600 customers in promos in four years

Leading retail banking giant, Fidelity Bank Plc has in the last four year rewarded over 2,600 of its customers with over N2.6bn in series of promos and loyalty reward scheme to deepen the growth of Small and Medium Enterprises (SMEs)….

DBN Lecture series’ll deepen funding access to SMEs, grow sector performance

The Managing Director, Development Bank of Nigeria (DBN), Mr Tony Okpanachi, has given more insights on the multiplier effects of the planned lecture series for operators of Small and Medium Enterprises (SMEs) in Abuja. DBN is a wholesale Development Finance…

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WorldRemit steps up SMEs businesses in Africa with new product

Leading digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium enterprises (SMEs) business owners to pay their employees and contractors seamlessly. Before the latest launch in South Africa, the scheme had…

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Glo offers customized, community-driven voice, data solutions to SMEs—Adeleke

The Head, Oil and Gas, Glo Business Solutions, Adekunle Adeleke, who represented Globacom in an interview session of a two-day African Food and Products Exhibition, has revealed that the telecoms group offer a range of customized and community-driven voice and…

Create favourable tax policies for SMEs—Elumelu tells FG

Leading Africapitalism crusader and chairman of United Bank for Africa (UBA), Tony Elumelu has called on the Federal and State government to create favourable tax policies and regime for Small and Medium Enterprises (SMEs) so that startups can grow to…

2019 budget: FG’s plan to borrow N1.6tn may crowd out SMEs’ from banks

Strong indications have emerged revealing that contrary to the target of the Monetary Policy Committee (MPC), who voted to cut MPR from 14 to 13.5 per cent is to improve banks’ capabilities to give credit to Small and Medium Enterprises…