- SME NEWS
FG launches ₦20bn consumer credit fund for automotive growth
The Federal Government has introduced a ₦20 billion Consumer Credit Fund aimed at stimulating Nigeria's economy and supporting the automotive sectorEnugu SME Center empowers youths through construction skills TVET programme
The Enugu SME Center has marked a milestone with the successful completion of the third edition of its Construction Skills TVET Programme, implemented under the ITF-NECA Vocational Training initiativeAfDB, Italy sign $6B deal, BoI secures $50M for SMEs
The Bank of Industry (BoI) has secured a $50 million loan portfolio from the African Guarantee Fund (AGF) to boost women-owned Small and Medium Enterprises (SMEs) and reduce unemployment in NigeriaFG to set up multi-level steering committee to boost industrial growth
The Federal Government, through the Ministry of Industry, Trade, and Investment, is establishing a multi-level stakeholders' steering committee and workgroup to tackle bottlenecks hindering industrial and SME growth in NigeriaDelta State lauds SMEs, calls for bank expansion
Delta State Governor has called on financial institutions to establish branches across the state's economically vibrant cities, emphasizing the opportunities for small and medium-scale entrepreneurs
- INSIGHTS
- As of December 3, 2024, the price of cooking gas (Liquefied Petroleum Gas or LPG) in Nigeria has seen significant increases, with the cost of refilling a 12.5kg cylinder reaching approximately ₦17,000
Q3 GDP growth driven by services, challenges persist in key industries
Nigeria's Gross Domestic Product (GDP) grew by 0.27% in the third quarter (Q3) of 2024, marking a slight recovery from the previous quarterNigeria’s infrastructure deficiencies threaten AFCFTA gains
At the 2024 Maritime Reporters Association of Nigeria Annual Lecture in Lagos, experts dissected the challenges and opportunities presented by the African Continental Free Trade Area (AfCFTA)Telcos battle 35% higher costs for rural network deployment – report
Telecommunication companies face significantly higher expenses when deployingSurvey highlights deepening poverty, food insecurity, and energy challenges in Nigeria
The latest Nigeria General Household Survey – Panel (GHS-Panel) Wave 5 (2023/2024) - TECH-BUSINESS
- BUSINESS TIPS
- RESEARCH
- EMPOWERMENTS
Enugu SME Center empowers youths through construction skills TVET programme
The Enugu SME Center has marked a milestone with the successful completion of the third edition of its Construction Skills TVET Programme, implemented under the ITF-NECA Vocational Training initiativeDelta ALGON Chair hails Oborevwori’s empowerment drive
Hon. Isaiah Esiovwa, Chairman of the Association of Local Governments of Nigeria (ALGON) in Delta State and Okpe Local Government Chairman, has praised Governor Sheriff Oborevwori for his administration's impactful empowerment programsDESOPADEC empowers Delta entrepreneurs with tools, funds
The Delta State Oil Producing Areas Development Commission (DESOPADEC) has taken significant strides in fostering entrepreneurship by equipping beneficiaries with starter packs, financial support, and training in diverse tradesSMEDAN launches free fashion design training for Nigerian youth
The program, targeted at Nigerian youth aged 18 to 35, aims to equip participants with hands-on skills, mentorship from industry experts, and potential job placements with top fashion brands.Niger State ministry of agriculture receives grant to boost sector
AGRA is providing a grant of $280,000 for the project, while the Niger State Government is also contributing a counterpart fund of $27,000 to support the implementation of the project
- SPOTLIGHTS
Beyond The Plate to Culinary Excellence – CEO, The Buka Place
Sualimon Ogunsanya is a seasoned caterer and founder of THE BÚKÀ PLACE. With over a decade of experience, he's worked with renowned establishments like Mummy's Dish Nig. Ltd and facilitated the setup of Iya Orisirisi BukateriaFounder and CEO of TTS Integrated Farm Nigeria Limited, is an agribusiness visionary passionate about addressing food security in...Redefining Spaces with Function and Beauty in Furniture Design – CEO Sonia Interiors & Designs
Adebimpe Owoyomi, a Mathematics graduate turned furniture and interior design expert, brings nearly 20 years of experience to her role as Creative Director at Sonia Interiors & Designs and Sonia SoftfurnishingsTransforming Footwear With Sustainability And Empowering Young Shoemakers – CEO L’Riyu Shoes
Bisiriyu Titilayo, a young and innovative female shoemaker, entrepreneur, journalist, and businesswoman. As the founder of L'Riyu Shoes, I lead a team that transforms leather into art, creating impactful footwearBridging the Animal Health Gap in Nigeria Through Technology – CEO VetKonect
Dr. Akpem Terese Shadrach is a visionary veterinarian and social entrepreneur with over seven years of experience
- OPINION
SME Scaleup: Maalouf shares insight on overcoming growth challenges
Managing Director of Seven-Up Bottling Company and convener of SME Scaleup, Ziad Maalouf, has highlighted challenges Nigerian entrepreneurs face as they scale their businessesOsinbajo urges Nigerian business owners to curb flamboyant spending
Former Nigerian Vice President, Prof. Yemi Osinbajo, has called the lavish lifestyles of Nigerian business owners unsustainable, urging them to invest in their businesses insteadThe digital age has brought about unprecedented changes to industries worldwide, and...How Nigeria’s billionaires drive economic growth through diverse investment strategies
How Nigeria's billionaires drive economic growth through diverse investment strategiesYouth empowerment key to national development, says Niger State Governor
Niger State Governor Umaru Bago has emphasized the role of youth empowerment in...
