It’s about systems that help those ideas survive. And one of the most overlooked systems is the way money flows—or fails to.
Browsing: SMEs
The bank’s Managing Director, Olusegun Alebiosu, confirmed this during an SME Scale Up workshop, sponsored by First Bank and Seven-Up Bottling Company on Friday in Lagos.
This advice was shared during the first edition of the United Bank for Africa Knowledge Series webinar in the year on Thursday.
Oja Oge is a pop-up marketplace for fashion, beauty, wellness and lifestyle businesses and entertainment.
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, disclosed this in a statement on his official X handle on Tuesday.
It will be recalled that the leading bank in Africa, with branches in several countries, also won the award in 2022.
The 2023 Fashion Souk which held last Saturday and Sunday, July 8th and 9th 2023, surpassed all expectations with its dynamic display of innovative fabric designs, leather works, trendsetting collections and fashion concepts amidst a cross-section of brands and discerning audiences. Over 150 SMEs and 5000 fashion enthusiasts converged at the event.
Formal SMEs number 40 million in Nigeria, contribute 84% of total employment, 45% of GDP but just 8% of exports and tax collections by the Federal Inland Revenue Service (FIRS) according to a recent joint report by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the National Bureau of Statistics (NBS).
However, the process of obtaining such loans is stringent and the requirements are herculean, but, not with VULTe.
Shehu Abdulkadir, Managing Director, Abuja Enterprise Agency, said this at the Grand Finale of the 2022 Ugwumba Enterprise Challenge in Abuja.
National Chairman, ACPN, Pharm. Adewale Oladigbolu gave this commendation at the closing ceremony of the just-concluded 41st Annual ACPN National Conference held in Lagos.
A press release by the Bank Friday indicated that the event is organized in partnership with Nigeria’s foremost event management company, EVENTFUL Limited.
This was disclosed by Demola Igbalajobi, Managing Director of SystemSpecs Technology, a SystemSpecs subsidiary.
Google has also partnered with Coursera, a well-known open online course provider, to develop an online career certificate course in digital marketing and e-commerce for small and medium-sized enterprises (SMEs), and is offering 1000 scholarships to Africans who wish to attend. The certificate course is the latest in a series of initiatives aimed at preparing participants for entry-level jobs.
Vice President, Prof. Yemi Osinbajo, disclosed Tuesday in Abuja, a two-day National Conference on Non-oil Export organised by the Nigerian Export Promotion Council (NEPC).
The online account opening platform is a paperless and seamless digital process which allows customers to register their business account within five minutes without visiting a branch. And it is available for anyone above 18 years across Nigeria and the Diaspora.
Perhaps, there is no indicator that lays this bare as effectively as the GDP per capita of the country. According to the latest figures released by the International Monetary Fund (IMF), Nigeria’s nominal GDP per capita – which measures the economic output of each individual in the country – hovers around $2,273.
Bolt Business offers fast, convenient, and affordable business rides. Since its launch in 2019, the platform has recorded significant traction from top corporate offices and other private businesses in Nigeria. With this service, corporate offices and businesses can manage and pay for corporate trips via a single and easy-to-use portal. The business management can manage how team members commute for business trips.
The Executive Secretary, Lagos State Employment Trust Fund, Teju Abisoye, announced this in a statement issued Wednesday, saying that the training would help the participants to thrive in their businesses.
The top financial institution delivered its digitization projection in a recent article monitored in the media. First, it identified trade financing as critical financial issue as it has the capacity to deliver higher impact in Africa in particular. The bank advocates for increased value proposition around trade financing and likened it to the oil that greases supply chains and ensures that buyers are sellers fulfil their obligations.