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Practical Steps on How to Finance Your Business

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Nearly every business at some point in its existence has a project, expansion, or difficult time in which they may need an infusion of...

German Bank Provides Additional Funds for SMEs

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The German development finance institution, KfW Development Bank, has provided additional $33 million funding to the African Guarantee Fund (AGF). Nigeria’s financial institutions are expected to draw from...

Access Bank Hits over N1Billion in Digital Lending Daily

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Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion...

Sterling Bank rolls out N50bn Loan for SMEs

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Another big financial support appears to be underway for operators of Small and Medium Enterprises, SMEs, as Sterling Bank Plc has launched a Business Support Facility...

FCMB Would Soon Start Giving out Loans to Commodity Entrepreneurs

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The Divisional Head of Agribusiness of FCMB, Kudzai Gumunyu, has said the bank would soon start disbursing loans to entrepreneurs in agribusiness, especially commodities such as...

How Access Bank offers Collateral-free Loans, Business Support to SMEs

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The inaugural episode of the SME Digest/Access Bank entrepreneurship radio show kicked off with the Emerging Business Team of the Bank led by Mrs Ayo Olojede...

SMEs Access to Loans Just got Easier & Cheaper

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The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has introduced One Local Government One Product (OLOP) in order to ease access to...

How Small Businesses can Get Loans from Access Bank – Olojede

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The Head, Emerging Businesses, Access Bank, Mrs. Ayodele Olojede is the head of Emerging Businesses at Access Bank. In this interview, published first in Thisday Newspaper,...

Development Bank dolls out N70bn to SMEs

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The Small and Medium Enterprises, SMEs focused bank, Development Bank of Nigeria, DBN, has disclosed that it had given N70 billion loans to over 50,000 businesses....

Access Bank Launches PORTFOLIO LOAN targeted at MSMEs

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MSMEs in the Health sector, Education sector and Technology sector have been given priority in accessing the needed funds to boost their businesses under...

We Have Put $150m on Lending to SMEs in Nigeria –...

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The leadership of Ecobank Group has said that in the last six months, the bank has brought in about $150 million all to drive...

Why Loans, Other Monies Meant for SMEs Don’t Get to Them

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Now we know what is happening why all the huge funds voted for supporting small businesses in Nigeria are not getting to them. Within a four-year...

Bank of Industry Increases Loans by 130%

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There is an indication that the Bank of Industry, BoI, has become more aggressive in giving out loans as it recorded a 130 percent...