Uber, LSETF partner on SMEs, Start-Ups’ empowerment

Uber, a global automobile service providing company, has announced its partnership with the Lagos State Employment Trust Fund (LSETF) in a bid to create business and economic opportunities for individuals and provide support for Small and Medium Enterprises (SMEs) and startups in Lagos State. The collaborative campaign tagged ‘UBERPITCH, is an initiative that creates opportunities […]

SystemSpecs introduces Remita Suite for SMEs

SystemSpecs Limited, one of the nation’s leading IT solutions provider, has released its Remita SME Suite for Small and Medium Enterprises (SMEs) in the country. The SME Suite enables them to manage their financial transactions, ranging from funds collection to payments and payroll in a more convenient, data-driven and more efficient manner. The IT financial […]

SON to reward genuine importers with fiscal, other incentives

The Standards Organisation of Nigeria (SON) has indicated its readiness to offer rewards to genuine importers who transact businesses in compliance to the minimum requirements of the Nigeria Industrial Standards (NIS) and the current Ease of Doing Business (EoDB) policy of government. The Director General, SON, Mr Osita Aboloma, who gave this assurance at a nationwide […]

NCDMB lauds Dangote Group on local content law compliance

The Nigerian Content Development and Monitoring Board (NCDMB) has commended the management of Dangote Petroleum Refinery and Petrochemical (DPRP) over its adherence to the local content law in the execution of its projects. This is just as the board expressed its intention to partner the group for effective implementation of the Local Content policy in […]

FG to invest more in Nigerians for sustainable growth

The Vice President, Prof. Yemi Osinbajo, on Thursday restated the Federal Government’s determination to continue to invest in the Nigerian people as a strategic option of creating the human capital capacity needed to ensure sustainable development of the country. The Vice President, who gave this assurance at the launch of the National Micro, Small and […]

FG approves 90-day special registration fee timeline for MSMEs

The Federal Government has approved a 90-day special timeline for Micro, Small and Medium Enterprises (MSMEs) to register at a discounted rate of N5,000 as part of its efforts to fast-track registration of such enterprises and improving the nation’s Ease of Doing business rating. Making this disclosure on Tuesday during the opening ceremony of the […]

Sekibo urges entrepreneurs to partner banks’ SME desks

The Managing Director of Heritage Bank Plc, Ifie Sekibo has advised budding African entrepreneurs of the Next Titan Housemates to talk to small and medium enterprise (SME) desks of banks with a view to enabling them access credit at low interest rates. Sekibo gave the advice while delivering a keynote address titled ‘Why African Needs […]

Moghalu seeks bank for women to boost entrepreneurship

A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has called for the establishment of a “Bank for Women” to support women entrepreneurial endeavours in the country. Moghalu, who made the call at the Chartered Institute of Bankers of Nigeria (CIBN) 2018 Annual Lecture on Friday in Lagos, said that […]

FG to boost youth entrepreneurship through technology

The Federal Government on Wednesday indicated that it was determined to drive youth entrepreneurship in the country through the use of and skills acquisition in technology. Giving the assurance at the Student Innovation Challenge (SIC) South West regional demo day held at the University of Lagos, the Vice President, Prof. Yemi Osinbajo, disclosed that government […]

DBN to disburse $1.3Bn credit to MSMEs

The Managing Director of Development Bank of Nigeria (DBN), Mr. Tony Okpanachi, has said that the development finance institution is set to disburse at least $1.3 billion as loans to Micro, Small and Medium Enterprises (MSMEs) in the country. Okpanchi, who gave this hint during a media chat in Abuja, confirmed that the Partnering Financial […]