FMDQ weekly report
Commentary on the Foreign Exchange (FX) market with data for the week ended August 9, 2019. The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) dollars in the FX market
‘How under-performance of SMEs limits economic growth, development’
The under-performance of the country’s Small and Medium Enterprises (SMEs) has been identified as a limiting factor to economic growth and development. To reverse the trend, experts tasked the government across all levels to assist Nigerians in unlocking the sector’s full potential to create jobs and grow the economy.
Experts harp on reputation capital to thrive in business
Experts in the field of personnel management have called on Nigerians to focus on building their reputation capital by giving priority to personal integrity, rather than scramble for quick cash.
Government mulls shedding equity as development bank grants SMEs N70 billion
The Federal Government is to shed its equity in Development Bank of Nigeria (DBN) with a view to further capitalising the financial institution to deliver on its mandate.
Foundation supports 20 indigent widows with grant
The Zakat and Sadaqat Foundation yesterday presented seed capital to 20 micro and small-scale trading widows drawn from across the 18 Local Government Council Area of Edo State. Zakat and Sadaqat Foundation’s Field Officer for Edo, Mr. Abdur-Rasheed Jatto, while presenting the grant at a ceremony said the foundation had empowered 20 indigent widows with…
Stakeholders urge Buhari to address SMEs challenges
Players in the Small and Medium scale Enterprises (SMEs), have urged President Muhammadu Buhari to address the challenges facing the sector as Nigeria awaits the constitution of a new cabinet. The stakeholders, who gathered at MISEDI Women Entrepreneurship Summit, yesterday, in Abuja, insisted that the President would only get the economy on track this second…
ICE Commercial Power, Microsoft partner to improve SMEs' access to solar energy
Microsoft, through its 4Afrika initiative, has entered into a partnership with ICE Commercial Power, a Nigerian-based renewable energy provider, to provide reliable solar power to 10,000 Small and Medium Enterprises ....
Google partners Abia on ICT, skills development
Google has established presence in Abia State to support Small and Medium Enterprises (SMEs) in Aba, the state’s business hub.The State Governor, Okezie Ikpeazu said that his government’s policy has been favorably disposed....
SEL Capital opens centre, to groom SMEs
SEL Capital Limited has launched Customer Experience Centre (CEC) to improve and deliver exceptional experience, providing great opportunity for the financial services company to effectively attend to all of its customers' enquiries, requests and address their complaints. The Managing Director of the company, Segun Opaleye, said: "We are pleased to launch our CEC at Still…