Recent Posts

More Local Funding Available To The Private Sector

The CBN recorded N25.47tn credit to the private sector as at September 2019, however it is not clear how these disbursements has impacted the beneficiary businesses and the real sector at large as stakeholders look forward to see the real...

Stakeholders point need for corporate disclosure in FMCG industry

Industry players in Nigeria’s Fast Moving Consumer Goods (FMCG) sector have encouraged companies to up their game in corporate disclosure to enable them attract investments. The need for firms in the FMCG industry to ensure full disclosure of their operations...

Key Issues CEOs and Project Promoters Battle With Regularly

DBN set to Disburse N100bn to MSMEs

Development Bank of Nigeria (DBN) has revealed that it planned to disburse the sum of N100 billion to the Micro Small and Medium Enterprises (MSME) segment this year. It also added that it disbursed over N30 billion to over 35,000...

What you didn’t know about Africa SMEs

Based on research by the World Economic Forum, Sub-Saharan Africa is dominated by micro-entrepreneurs: these are business-people who employ fewer than five individuals – often family members – under informal arrangements. They typically run unregistered businesses, such as market stalls. Empirical...

CBN To Issue Loans At 5% To SMEs Through NIRSAL MFB

Recently, the Central Bank of Nigeria (CBN), says it will start to issue loans at five per cent and with no collateral to Small and Medium Enterprises (SMEs) through the NIRSAL Micro Finance Bank (MFB). The CBN Governor, Mr Godwin...

Farmcrowdy Raises $1m in Additional Seed Funding

Nigerian agri-tech startup Farmcrowdy, recently raised additional seed funding of US$1 million as it prepares to broaden its offering. Formed in 2016, Farmcrowdy connects small scale farmers across Nigeria with access to finance sourced from individuals and corporates via its...

CloudGo now Live!

Signal Alliance, a leading system integrator, announced the launch of a new product called CloudGo built on the Microsoft cloud platform and targeted at small and medium scale businesses. CloudGo comprises of digital workplace tools bundled with managed support. The...