Increasing foreign reserves to help stabilize the naira
$6 Billion Gain Pushes Reserves to New Heights as Naira Strengthens Amid Investor Confidence Nigeria’s foreign exchange (forex) reserves surged by $206.16 million, closing at...
Category : Funding
FG Reaffirms Commitment to Agricultural Growth
FG Pledges Continued Support for Agricultural Growth The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the Federal Government’s commitment...
Stakeholders encourage SMEs to embrace formal banking
Stakeholders will gather on Thursday to deliberate on how to boost the participation of Small and Medium Scale Enterprises in the formal banking sector in...
Reckitt Nigeria Awards N37.8 Million in Seed Funding to Small Businesses Through Innovative Social Enterprises.
Reckitt Nigeria has awarded N37.8 million in seed funding to six social businesses to support their innovative solutions aimed at addressing critical health challenges in...
AYuTe Africa Challenge 2024: Empowering Agritech Innovators to Transform Agriculture in Nigeria.
Heifer Nigeria is delighted to announce the launch of the AYuTe Africa Challenge Nigeria 2024, an enterprise development program designed to identify, nurture, and support innovative, technology-driven...
SMEDAN empower women entrepreneurs with grants
The Small and Medium Enterprises Development Agency of Nigeria has awarded a grant of N2.05m to five outstanding women entrepreneurs. The presentation was made at...
FG paid N50,000 grant to 150,000 Nigerians this week
The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has confirmed that about 150,000 individuals received the sum of N50,000 this week from the Conditional...
Apply for the Mastercard Foundation US$ 2,500,000 Agribusiness Challenge Grants.
The Mastercard Foundation Fund for Resilience and Prosperity’s newly established Agribusiness Challenge Fund calls for proposals from African SMEs and entrepreneurs in the agricultural sector....
“Partnerships can incentivise banks to finance SMEs”
The African Guarantee Fund (AGF) and the Nordic Development Fund (NDF) have stated that strategic partnership remains vital and can incentivise banks to provide climate finance...
Green finance: Stakeholders seek improved SMEs funding
Stakeholders at the 2024 Green Finance Conference have called for increased funding for Small and Medium Scale Enterprises, as well as more effective strategies for...
Unity Bank Supercharges Corpreneurship Challenge: N16 Million Up for Grabs to Fuel Youth Entrepreneurship!
Unity Bank Plc is turning up the heat in the entrepreneurial arena with an electrifying boost to its Corpreneurship Challenge, now offering an impressive N16...
Interest-free loans are crucial for the survival of small businesses and farmers
In an effort to combat the recurrent economic crises that hinder our country’s progress, Dr Asif Olatubosun Azeez, the National President of Al-Hayat Relief Foundation,...
Rack Centre Empowers SMEs and Youths with Essential Digital Skills
West Africa’s foremost Carrier and Cloud neutral data centre, Rack Centre, has wrapped up its impactful digital skills training programme, equipping 150 youths and Small...
FG to commence new regulation for digital money lenders in 2024
The Federal Government has announced that it will implement a new regulatory framework for digital money lenders, DMLs, known as loan apps. The Chief Executive...
Anambra state and SMEDAN enter agreement to fund SMEs
The Anambra State Government and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) recently entered into a financial agreement worth N1 billion in...
Gtext Gives $100,000 Grant To 20 Young Entrepreneurs
The founder of Gtext Holdings through his foundation, Stephen Akintayo Foundation, said, as part of his give-back, has given $5,000 each to 20 young entrepreneurs...
World Bank’s $500M Initiative Benefits 30,000 Nigerian Farmers.
The Livestock Productivity and Resilience Support Project (L-PRES), fueled by a $500 million World Bank fund, has empowered 30,000 livestock farmers in Kogi State. The...
Seven-Up, UNIDO, Zenith Bank partner on SMEs Devt.
Seven-Up Bottling Company in partnership with the United Nations Industrial Development Organisation and Zenith Bank has organised a bootcamp for about 80 Small and Medium...
DBN to disburse N150bn loan to 120,000 MSMEs in 2023
The Development Bank of Nigeria (DBN), has announced plans to disburse N150 billion to Micro Small and Medium Enterprises (MSMEs) across the country in 2023....
Microsoft To Empower 10m SMEs, Partners Flutterwave On Payment Innovation.
Software giant, Microsoft, yesterday disclosed that plans were in the pipeline to empower about 10 million Small and Medium Sized Enterprises(SMEs) globally. The president, Microsoft...
UBA approves $6bn to boost SMEs in Africa
United Bank of Africa (UBA) has launched a $6 billion financing initiative aimed at boosting the growth of Small and Medium Enterprises (SMEs) throughout Africa....
FGN-ALAT 2023-2024 Digital Skillnovation Programme.
In today’s fast-evolving world, the potential of our youth remains one of our greatest assets, and nurturing this potential is at the heart of the...
FG disburse N200 billion in funds to support SMEs across Nigeria
The Federal Ministry of Industry, Trade, and Investment (FMITI) have disbursed three N200 billion funds through the Bank of Industry (BOI) that will support businesses across the...
STARTS4AFRICA Launches Groundbreaking Residency Programme
STARTS4AFRICA Launches Groundbreaking Residency Programme with €35,000 Cash Prize for Innovative Artists in Sub-Saharan Africa STARTS4AFRICA is pleased to announce the Call for Artists for...
AGF, Vista plan $50m loans for SMEs
The African Guarantee Fund has signed a landmark partnership agreement with Vista Group Holding to accelerate access to finance for small and medium-sized enterprises including...