SMEs need no lawyer in getting their company registered

Part of the reforms introduced in the Nigeria’s business environment under the 60-day Action Plan executed by the Presidential Enabling Business Environment Council, PEBEC, prospective small and medium enterprises (SMEs) business owners may no longer enlist the services of lawyers or any third party in registering businesses. Also a direct registration would take not more […]

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FEC approves $1.3bn DBN takeoff SME, MSME fund

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, has approved a $1.3 billion capital facility for the takeoff of the Development Bank of Nigeria (DBN). The Minister of Finance, Kemi Adeosun, who briefed State House correspondents at the end of the meeting, said the loan has repayment period of 20-21 years and […]

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Firm to provide financial access to SMEs in Nigeria, others

Gradient Consulting Africa, an investment and business management consultancy firm operating from Europe, has concluded plans to provide financial access for Small and Medium-scale Enterprises in Nigeria and the entire sub-Saharan Africa. The Founder, GCA, Mr. Ajibade Yusuf, said in a statement on Friday that lack of funding was the bane of SME growth in […]

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Fidelity Bank reiterates support for SMEs

Fidelity Bank Plc has pledged commitment to help Small and Medium Scale Enterprises (SMEs) in the Southeast grow its economy. Its Managing Director/Chief Executive Officer, Nnamdi Okonkwo, disclosed this during the bank’s customer forum last week. The bank flagged off its nationwide customer engagement programme with Connecting with You as its theme, with the twin […]

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FCMB introduces 3 months free banking service for SMEs

First City Monument Bank Limited has introduced a three-month free banking service for prospective customers of the bank operating in the Small and Medium-scale Enterprises. The offering, which began on February 1, would end on April 30, the lender said in a statement on Wednesday. This is aimed at encouraging Nigerians to take active interest […]

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