The Nigerian Ports Authority (NPA) has announced a strategic initiative to enhance connectivity between Export Processing Terminals (EPTs) and Domestic Export Warehouses (DEWs) across the country. This move aims to streamline export processes and create pathways for small and medium-scale enterprises (SMEs) to thrive. The Nigerian Ports Authority, established in 1954, is responsible for managing and Read More…
According to Mr. Olumide Balogun, the Country Director of Google West Africa, the recent Google Hustle Academy graduation in Abuja was a celebration not just of 5,300 graduates but also of the significant empowerment provided to 10,000 businesses across Africa, including 4,400 in Nigeria. Balogun emphasized that the fund, comprising financial aid, mentorship, and business Read More…
The Nigeria Association of Small and Medium Enterprises (NASME), in conjunction with MTN MoMo, has introduced a mobile money platform aimed at empowering startups and small and medium enterprises (SMEs) to expand their businesses. Announced at the MTN MoMo and NASME Symposium and Exhibition in Lagos, the initiative signifies a concerted effort to bolster the Read More…
Amidst the unfolding Ukraine crisis, the African Export-Import Bank (Afreximbank) sealed a significant trade finance agreement worth $150 million with United Bank for Africa (UBA) PLC. This strategic pact falls under the Ukraine Crisis Adjustment Trade Financing Programme for Africa, aiming to bolster businesses in Nigeria amidst the crisis fallout. The agreement, formalised at the Read More…
Grooming Endowment Trust (GET) is pleased to announce that 13 promising entrepreneurs have been awarded GET Compass Award grants, providing them with a vital stepping stone to initiate their businesses. The GET Compass programme is dedicated to fostering Micro, Small, and Medium-sized Enterprises (MSMEs) that offer products and services vital to community well-being and economic Read More…
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…
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…
