The State Commissioner for Information, Charles Aniagwu, who disclosed this to newsmen at a news conference in Asaba, said the state also received $4.5 million (about N1.6 billon) World Bank grant for budget discipline.
Browsing: SMEs
The Bank explained that this move was intended to equip Small and Medium-scale Enterprises who are focused on leveraging social media tools to drive business and sales.
Bankole Adediran, Head, Transaction Banking Products, FirstBank, made this known at the bank’s SMEConnect webinar, with theme: “Managing Your School through the Pandemic: Engagement and Retention Strategies.”
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the convening of a Business Clinic to promote the growth and sustainability of the educational sector, especially in the light of the coronavirus, which is having an adverse effect on the operations of schools across the world.
This was the takeaway of a five-day capacity building training, tagged: “Boost With Facebook Digital Marketing Webinar Series,” organized by the bank in partnership with Facebook via its Nigerian representative, Rabbington Media, for SMEs in the country.
In his presentation, tagged: “Harnessing CBN and other funding opportunities for small and medium enterprises in the emerging economic climate,” Emeka Agada, Head, SME, Ecobank Nigeria, stated that the bank will continue to harness and explore the various Central Bank of Nigeria intervention schemes and other funding and trade opportunities provided by Ecobank Nigeria for small businesses.
This week, as we celebrate Micro-, Small and Medium-sized Enterprises Week, we’ve compiled four Google Maps tips anyone can use to help small businesses during the pandemic.
In a statement by IFC on Thursday made available to the News Agency of Nigeria in Lagos, the loan was made through IFC’s COVID-19 fast-track financing support package to sustain businesses disrupted by the pandemic.
Victor Etuokwu, Access Bank Executive Director, Retail Banking, said the digital lending portal was part of its effort to provide access to finance for SMEs.
The President of NiRA, Mohammed Rudman, told the News Agency of Nigeria in Lagos that the registration would boost online presence of the SMEs.
Keystone Bank Limited has launched an online platform to empower Small and Medium Scale Enterprises with knowledge to manage and grow their businesses in the midst of the COVID-19 pandemic.
The Central Bank of Nigeria has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay school fees and Small and Medium Enterprises.
As more businesses in Nigeria encourage remote work and social distancing, leading financial technology firm, SystemSpecs, has launched Paylink, a web-based solution that helps Micro, Small and Medium-scale Enterprises as well as religious organisations, not-for-profit outfits, social media sellers, freelancers, individuals and many more to swiftly receive payments from everywhere, even abroad, this period and beyond.
Proparco and First City Monument Bank have signed a N2 billion risk-sharing facility agreement to promote the growth of Micro, Small, and Medium-Scale Enterprises in Nigeria.
In the bid to stimulate the growth of the economy, Nigeria’s leading retail bank, Access Bank Plc, has launched TraderLite, an account that enables micro businesses with turnover between N50,000 and N1 million operate their businesses with their individual name or registered business name.
In recognition of the significant role SMEs play in achieving sustainable growth and development in the economy of the country, Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, would host SMEs in its 2020 second edition of the SME Business Clinic.
Speaking at the FirstBank SMEConnect Business Clinic, held in Lagos on Thursday, the Group Head, Lagos Island 1, First Bank of Nigeria Limited, Olufunke Smith, stated that the business clinic provides an opportunity for SMEs to understand how to develop their business plans and run their businesses.
First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives.
The product is designed to meet the funding needs of healthcare service providers in Nigeria.
“This journey has begun with the passage of the Kwara State Social Investment Programme Bill by the State Assembly. We will make sure to redistribute wealth to our people, lift many people out of the poverty line, and support small and medium scale businesses to grow,” the governor said at the Omu Aran Day celebration on Saturday.