The Federal Government, Central Bank of Nigeria (CBN) and other financial institutions in the country yesterday in Abuja said challenges confronting Micro, Small and Medium Enterprises (MSMEs) would be tackled to improve nation’s economy and reduce growing poverty. Speaking at the 11th yearly banking and finance conference with the theme: “MSMEs: The Game Changer for…

The Federal Government, in collaboration with Abuja Enterprises Agency (AEA) has succeeded in financing 15, 000 Micro-small and Medium Enterprises (MSMEs) in Abuja. They have also promised to sustain the recent grant of N20, 000 to each of the 223 market businesswomen in the territory. The Vice-president, Prof. Yemi Osinbajo said the efforts are in line with government’s agenda…

Visa, the global leader in payments, said it will launch the Cashless Lagos Hackathon in partnership with Lagos Innovates, an initiative of the Lagos State Employment Trust Fund (LSETF) as part its efforts to educate and enable Nigerians to reduce their reliance on cash. The three-day event, which is scheduled to hold from 14 September…

The Chartered Institute of Bankers of Nigeria (CIBN), has announced plans to host its Annual Banking and Finance Conference, positioned to provide a platform for all stakeholders in the industry, to exchange ideas, and tackle issues affecting the finance sector and the economy at large. This year’s conference, the 11th edition, scheduled to hold from…

Acting President, Prof. Yemi Osinbajo, says the Federal Government is working towards providing Micro, Small and Medium Enterprises(MSME) a credit facility of N2 million to N10 million without collateral.

According to the International Council for Small Business (ICSB), Micro, Small and Medium-sized Enterprises (MSMEs) make up over 90 per cent of all firms and account for an average of 60 to 70 per cent of total employment and 50 per cent of Gross Domestic Product (GDP) of any economy. Experts have argued that the…

The Federal Government Enterprise and Empowerment Programme (GEEP) MarketMoni scheme has successfully reached over 350,000 micro enterprises in the 36 states and the Federal Capital Territory.

Vice President Yemi Osinbajo will on Thursday launch the Micro, Small and Medium Enterprise (MSME) Clinic in Ondo State.

Stakeholders in the financial sector have identified non-access to credit as the major challenge facing the Micro, Small, and Medium Enterprises...

The Graduate Entrepreneurship Fund is an initiative of the Bank of Industry to empower Nigerian youths to become self-reliant and sufficient upon the completion of the mandatory NYSC scheme.

Following the execution of a Memorandum of Understanding (MoU) with the Bank of Industry (BoI), Unity Bank Plc is set to participate in the execution of the Government Enterprise and Empowerment Programme (GEEP).

Lagos State Commissioner for Commerce for Commerce, Industry and Cooperatives, Rotimi Ogunleye has disclosed that the Governor Akinwunmi Ambode administration is committed...