‘Why 80 per cent of small businesses fail’
A financial expert with PricewaterhouseCoopers (PwC) Nigeria, Bola Adigun, has said 80 per cent of Small Business Enterprises (SMEs) that collapsed in the country failed due to cash flow problems arising from poor financial management practices.
How empowering women bridges gender gap by GroFin Nigeria
As the world celebrates the International Women’s Day 2020, GroFin Nigeria Limited - an impact-driven specialist SMEs financier - has reiterated its commitment to empowering women entrepreneurs because
IFC announces $25million shared-risk facility for Nigerian bank’s customers
International Finance Corporation (IFC), a member of the World Bank Group, yesterday, announced a $25million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in Nigeria.
Google targets more youths, local SMEs in Next Billion Users Mission
Search engine giant, Google, is targeting countries outside of Europe and America as the next source of growth. The search engine also wants to help more people to be on the Internet.
Group seeks Federal Government’s support on cooperatives to ease SMEs access to finance
The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) Export Group (NEG), has stressed the need for government to support cooperative societies...
Confusion as submarine cable cuts, slows Internet
A large number of Internet subscribers experienced hitches while downloading and uploading content online at the weekend.With the challenge continuing into the new week, investigations showed that banks, financial institutions, and some Small and Medium scale Enterprises ....
Akwa Ibom government moves to create 14,000 SMEs in 2020
In a bid to actualise the industrialisation policy of the Akwa Ibom State Government, the Ministry of Investment, Trade and Industry, has set up machinery to create no fewer than 14, 000 Small and Medium Scale Enterprises....
Increase in taxes will impact disposable income, businesses, capital market
As President Mohammadu Buhari signs the Finance Bill 2019, the former Director-General, Lagos Chambers of Commerce and Industry, Muda Yusuf, while noting that the bill has a number of favourable provisions especially for Small and Medium Enterprises
Group seeks government’s support on cooperatives to ease SMEs access to finance
The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) Export Group (NEG), has stressed the need for government to support cooperative societies to ease Small and Medium scale Entrepreneurs..
Delta, BOI partner on zero interest loans for SMES
The DELTA State Government in collaboration with the Bank of Industry is set to offer zero-interest loans to market women and Small and Medium Entrepreneurs, (SMEs) in the state.