Crownrise Finance boss reveals why over 1,000 finance houses collapsed in the 90s
The managing director of Crownrise Finance Limited, Mr. Babatunde Rufai-Lariba has revealed the factors that crashed over 1,000 finance houses during the 1990s in Nigeria. In an interview, he said during the period under review, “We had over 1,000 Finance…
IT, e-Commerce resolving the challenge of market access for SMEs—NEPC
There are indications that the global challenge of market access for Small and Medium Enterprises (SMEs) is gradually being taken care of by continuous adoption of relevant technologies and inclusion of e-Commerce platforms. Explaining more during a workshop for SME…
After intent deal with CDB, UBA inks another with AFD to grow SMEs in Africa
Barely three weeks after Africa’s global bank, United Bank for Africa (UBA) Plc, and China Development Bank (CDB), the world’s largest development finance institution, sealed a $100 million seven-year letter of intent agreement, it has again, entered into another deal…
Okere drags Ausso Leadership Academy to Nigeria to grow business mentorship
Drawing strong inspirations from the rare global success achieved by software developers and other IT tacticians in entrepreneurship at Silicon Valley, which has been underpinned by a strong mentorship culture, pioneer entrepreneurial advocate and founder of CWG Plc, Austin Okere,…
FG shouldn’t tailor tax reforms to kill businesses—Elumelu
Leading banking wizkid, enterprise builder and Chairman of Heirs Holdings, Mr. Tony Elumelu has picked holes on ongoing restructuring of government regulations and taxation around private businesses in Nigeria, saying efforts should be made to avoid reforms capable of stifling…
Fidelity Bank steps up CSR, trains, empowers youths in PH
*Fidelity Empowerment: Head, CSR at Fidelity Bank, Chris Nnakwe at #FidelityYEA4. Held in Port Harcourt recently to deepen job creation and growth in Small and Medium Enterprises (SMEs).
Weak capacity key challenge of Nigerian SMEs—Okonkwo, Fidelity Bank CEO
The major factor frustrating the smooth operations of Small and Medium Enterprises (SMEs) in Nigeria has been identified by the Group Managing Director, Fidelity Bank Plc, Mr. Nnamdi Okonkwo. In his keynote address during the opening session of the entrepreneurship…
3 Nigerian SMEs seek vote to win Shell Global innovation prize
Three Nigerian Small and Medium Enterprises (SMEs) including Nigeria De-rahbs Energy Services, Nigeria Emobella Engineering Nigeria Ltd and Nigeria Fendwall Paint and Chemical Products have been shortlisted for the Shell LiveWIRE ‘Top Ten Innovators’ contest. The global competition, which highlights…
‘Ongoing strikes sign of FG’s unseriousness to drive ERGP’
Barely few months after the federal government unveiled its strategic national development roadmap called the Economic Recovery Growth Plan (ERGP), two nationwide strikes that tend to show that government may be insincere in the roadmap are ongoing. These include the…
Zenith Bank report hails DBN, silent on planned MDBs’ N26bn to lift SMEs
It was not clear if it was because the report may have been ready before the recent decision of Nigerian Bankers’ Committee to pull over N26bn in aid of growing Small and Medium Enterprises’ (SMEs), otherwise, the latest Zenith Economic…
