MSMEs Archives — Page 2 of 2 — City Business News

January 28, 2021 No Responses

Ecobank Pledges To Boost MSMEs Lending With N50b Bilateral Subordinated Loan

Ecobank Nigeria newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and small corporates in the country, Managing Director, Patrick Akinwuntan has said. He pointed out that the bank recognizes MSMEs as...

January 25, 2021 No Responses

NAFDAC Implores MSMEs On Benefits Of AfCFTA

The Director General, National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye has reiterated the Agency’s resolve to encourage the Micro Small and Medium Enterprises MSMEs in Nigeria to take advantage of the Africa Conti...

December 28, 2020 No Responses

LCCI Pegs Losses Of MSMEs In Lagos at N2.7b

The Lagos Chamber of Commerce and Industry (LCCI) has disclosed that losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos is about N2.7 billion due to the recent Coronavirus (COVID-19) lockdown. LCCI’s Director-General, Dr Muda...

June 20, 2020 No Responses

PwC Survey: Obtaining Finance, Finding customers, Infrastructure Deficit Top Challenges Of Nigerian MSMEs

Small Businesses in Nigeria have listed the most pressing problems impacting their operations to include obtaining finance, finding customers and infrastructure deficits. These are some of the findings from a survey of Micro, Small and Medium scale enter...

March 7, 2020 No Responses

Fidelity Bank To Bridge Finance Gaps For Women Entreprenuers, MSMEs

Fidelity Bank Plc on Friday expressed commitment to continuous support and development of women entrepreneurs to address the short-term financing needs of Micro, Small & Medium Enterprises (MSMEs). Mr Nnamdi Okonkwo, the bank’s Managing Director, stated ...

January 30, 2020 No Responses

DBN Disburses N133b To MSME’s In 18 months

In the last 18 months, Development Bank of Nigeria (DBN) disbursed a total of N133 billion to Micro, Small and Medium Enterprises (MSMEs) operators across the country. The DBN Managing Director, Mr Tony Okpanachi, disclosed this at the ongoing Nigerian...

May 8, 2019 No Responses

MSMEs: AfDB, Fidelity Bank Seal $15.35b MoU

The African Development Bank (AfDB) has extended a $50 million (about N15.35 billion) facility to Fidelity Bank Plc for the growth of Micro Small and Medium Enterprises (MSMEs). The facility is designed to boost the bank’s capacity to promote the...