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Nigeria’s Foreign Exchange Crises get Complicated as USDollar goes for N740
Further crises in the Nigerian foreign exchange market seem to have emerged following a massive depreciation of the Naira in the black market while...
SMEDAN’s 2016 SME Support Plans and Activities
pic above: Bature Umar Masari - DG, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).
In the 2013 National Micro, Small & Medium Enterprises...
Agribusiness Firm Attacks Bank Over N300m BoI Loan
Santuscom Agro Investment Company Limited, an agro-allied firm, has petitioned the Central Bank of Nigeria, CBN, over alleged blocking it's bank account and hindering the...
SMEs Access to Loans Just got Easier & Cheaper
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has introduced One Local Government One Product (OLOP) in order to ease access to...
Funding Nigeria SMEs Initiative Takes Off
The Central
Bank of Nigeria through the Bankers` Committee has concluded plans to take the
‘Funding Nigeria SMEs’ initiative to three states to enable small and...
National Micro Finance Bank to be Launched for MSME Loans
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the proposed National Micro Finance Bank (MFB) will address the concerns...
Bankers Meet to Discuss How Best to Fund SMEs
The Bankers’ Committee, an umbrella body of senior officials of Central Bank of Nigeria (CBN) and chief executive officers of banks in Nigeria, is...
SMEs Rating Agency Underway to Facilitate Funding
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in collaboration with Bank of Industry (BOI), Nigeria Export and Import Bank (NEXIM) and Dun & Bradstreet...
How we give loans at Lagos Trust Fund – LSETF boss
The chief executive officer of the Lagos State Employment Trust Fund (LSETF), Mr Akintunde Oyebode, has been speaking on the activities of the Fund...
Banks To Invest N30bn in New Agric/SME Fund
LagosThe Bankers Committee said that banks will contribute about N30 billion of their profit after tax in a newly created Agriculture/Small and Medium Enterprises,...
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