The Chief Executive Officer, Nigerian Bottling Company Limited (NBC), Mr Matthieu Seguin, on Wednesday said the organisation remained passionate about the growth of Nigerian youth, especially given the current challenges posed by the COVID-19 pandemic. Seguin made this known in a statement issued in Lagos, on his endorsement, alongside other corporate organisations, of the Nigeria Read More…
SMEs
FG warns applicants not to pay facilitation fee for MSMEs COVID-19 grant
The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention grant for Micro, Small and Medium Enterprises (MSMEs), and cautions unsuspecting applicants against fraudsters. Mrs Mariam Katagum, the Minister of State for Industry, Trade and Investment, stated this at a news conference on the implementation process of the Survival Fund in on Thursday Read More…
AFAP pledges to make Lagos food processing hub
The Association of Food and Agro Processors (AFAP) says it has evolved mechanisms to assist Small and Medium Enterprises (SMEs) drive Lagos State into a food processing hub for local and export markets. Mr Duro Kuteyi, National President of AFAP, made this known at the Lagos State MSME Exclusive Fair on Wednesday in Lagos. Kuteyi Read More…
FG receives 38,000 applications for N75bn MSME survival funds
Minister of State for Industry, Trade and Investment, Mrs Mariam Katagum, says government had received 38,000 applications for the N75 billion Micro, Small and Medium Enterprises (MSME) survival funds. Katagum made this known in her opening remarks at a Business Advocacy Roundtable webinar by the Nigerian-British Chamber of Commerce (NBCC) on Tuesday. According to her, the applications were Read More…
CBN unveils non-interest guidelines for AGSMEIS, MSMEDF, others
The Central Bank of Nigeria (CBN) has unveiled guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS) and Micro, Small and Medium Enterprises Development Fund (MSMEDF). The CBN made this known in its latest guidelines released on its website on Tuesday. It said the 10 guidelines also included the Read More…
Lagos adopts more measures to cushion COVID-19 effect on MSMEs
Gov. Babajide Sanwo-Olu of Lagos State says the state is adopting measures to absorb the shocking effects of COVID-19 pandemic on Micro, Small and Medium Enterprises (MSMEs) for business sustainability and growth. Sanwo-Olu made this known in a private sector interactive webinar organised by the Lagos Chamber of Commerce and Industry (LCCI) on Wednesday in Read More…