Heritage Bank, FAMO assist 300 private school teachers, SMEs
As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) foundation has provided succor to over 300 affected private school teachers and small medium enterprises…
Ecobank Group, Google delivering digital solutions for Ecobank’s SMEs customers
Ecobank Group (www.Ecobank.com), the pan-African Bank, in collaboration with Google is helping to equip African SMEs with the necessary digital skills to navigate the rapidly evolving business world. The aim is to assist African businesses remain relevant and fulfil their…
Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu
Leading banking wizkid and motivational speaker on entrepreneurial issues, Mr. Tony Elumelu on Thursday, said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. The Chairman of Heirs…
FCMB completes first free training scheme for SMEs
First City Monument Bank Limited (FCMB) has concluded the first in a series of free training programmes for the Small and Medium-scale Enterprises (SMEs) at the bank’s Training Academy. Key facilitators’ were drawn from spheres of business development, accounting, marketing…
Fidelity Bank deepens earnings, hits N85.8bn in half year performance
In its results released at the Nigerian Stock Exchange (NSE), Fidelity Bank has shown resilience to recession by posting strong financial performance in the first half of 2017 with gross earnings of N85.8billion in its audited results. Otherwise, the first…
Fidelity Bank committed to supporting non-oil export, votes N30bn
The Managing Director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has restated the resolve of his bank to grow non-oil export especially Nigerian made goods by way of providing ease to financial access. Speaking recently at a joint programme with…
LCCI kicks as CBN retains monetary policy rate at 14%, others unchanged
The Lagos Chamber of Commerce and Industry (LCCI) has frowned at the retention of Monetary Policy Rate at 14 per cent, saying “The retention of the rates is only good for portfolio investors and this economy is tired of such…
Why Citibank granted N500m loan for microfinance development in Nigeria
In other to support the development of approximately five thousand micro and small enterprises in the country, Citibank Nigeria has extended a loan of N500 million to Accion Microfinance Bank (Accion MFB). Citibank in a statement said the agreement will…
Enugu State, Keystone Bank lift 100 SMEs to grow economy, jobs
Leading money deposit bank, Keystone Bank has partnered with the Enugu State Government’s Ministry of Commerce and Industry to encourage the activities of over 100 operators of Micro, Small and Medium-scale Enterprises (SMEs) in the state. A statement by the…
If BoI is shopping for N1tn to assist SMEs, why is DBN established? —BH Analysis
Barely one month after the take off of Development Bank of Nigeria (DBN), indications have emerged that Bank of Industry (BoI) that had hitherto been dull in driving the growth of Small and Medium Enterprises (SMEs) has suddenly woken up….
