BaoBaB Microfinance empowers SMEs with N500m
BaoBaB Microfinance Limited has concluded plans to disburse N500million loan to Small and Medium Enterprises as part of efforts at empowering entrepreneurs in the country, its Chief Executive Officer, Kazeem Olanrewaju Rashid has said.
Cooperative set to boost 10, 000 SMEs through new initiative
To alleviate poverty, boost productivity and positively impact the growth of small medium enterprise (SMEs), a cooperative society, Continental Capital Alliance MCS Ltd is set to empower 10, 000 Nigerians across the country to enhance the economy.
Group launches empowerment initiative to grow SMEs in Nigeria
To boost businesses and support growth of small medium enterprise (SMEs) in the country, Parkhust Group has launched an empowerment initiative to train, equip and mentor entrepreneurs. Speaking at the event in Lagos, Managing Director of the group, Mr. Olalekan Alabi hinged on lack of opportunities for many brilliant Nigerians with business ideas in the…
Access Bank’s SME loan portfolio hits N60 billion
Access Bank Plc may have empowered the Small and Medium scale Enterprises (SMEs) in the country as its loan portfolio reaches N60 billion mark.Besides, the bank disclosed that it currently has about 250,000 SMEs’ accounts, which it hoped to double in a short while.
Bank supports 2,200 women SMEs
The Womenpreneur business workshop, a flagship training of the W Academy under the Access Bank’s W Initiative has provided skills support to 2,200 women in Small and Medium-sized Enterprises (SMEs) in Nigeria.
QRS identifies social research as catalyst for SMEs’ growth
For Small and Medium Enterprises (SMEs) to grow in the country, Group Managing Director of Questers Research Services (QRS) Limited, Mr. Lanre Fasakin, has stressed the need for qualitative social and market research. He spoke recently at the launch of QRS, noting that social and market research could assist SMEs to know how consumers relate…
WhatsApp launches new service to target SMEs
Social media platform, WhatsApp has launched a new service, WhatsApp Business, aimed at small businesses that have thus far been using their accounts, a move that brings it closer to monetising its free platform.
‘SMEs should adapt model to access hybrid funds’
To further improve access to affordable financing by small businesses, stakeholders in the development financing sector have urged such enterprises to explore opportunities made available by innovative hybrid financing sources.
Bank reaffirms support for SMEs growth
Fidelity Bank Plc has reaffirmed its commitment to grow small businesses by supporting efforts geared towards capacity building of entrepreneurs and youths in Nigeria.