SME – City Business News

October 17, 2025 No Responses

SEC, SMEDAN Partner To Boost SME Capital Market Access

The Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a Memorandum of Understanding (MoU) aimed at improving access to long-term financing for small and medium enterprises (SMEs) through the Nigerian...

April 16, 2025 No Responses

SMEs Financing: SEC, SMEDAN Embark On Enlightenment Campaigns

The Securities and Exchange Commission is to collaborate with the Small and Medium Enterprises Development Agency of Nigeria to implement joint nationwide sensitization campaigns on “Financing SMEs through the Capital Market.” Director General of the SEC, ...

February 13, 2025 No Responses

GTBank Removes POS Processing Fees

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions.This initiative, which took effect Tuesday, 11 February 2025, communicat...

January 8, 2025 No Responses

KPMG Survey: UBA Emerges Top 5 In Customer Experience, SME, Retail Banking, Others

United Bank for Africa (UBA) Plc has Sustained cemented its position as a leading customer-centric institution, emerging among the Top 5 banks, in various survey’s segmentation, in the recently released KPMG 2024 West Africa Banking Industry Customer Experie...

February 12, 2024 No Responses

Stakeholders Advocate Inclusion Of SME In Nigeria’s Sustainability Reporting Push

Lagos- Impact investors have emphasized the importance of engaging a broader audience, particularly SMEs, to ensure the successful and impactful implementation of the International Sustainability Standards Board (ISSB) standards in Nigeria. The stakeholders s...

January 22, 2024 No Responses

UBA Wins Global Finance Best SME Bank For 2023

United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development of Africa. The recognition of the bank’s outstandin...

June 7, 2022 No Responses

Fidelity Bank Bags SME Award

Fidelity Bank Plc has been recognized as the ‘Best SME Bank in Nigeria’ by the Global Finance Banking & Finance Awards 2022. According to the organizers, Global Banking and Finance review, the bank has presented the award after a comprehensive...

June 28, 2021 No Responses

MasterCard Index Predicts 81% SMEs Growth In Africa, Middle East

MasterCard on Sunday announced that its latest research shows that Small and Medium Enterprise (SME) confidence in Middle East, North Africa (MENA) is on the rise. It said the rise was after facing unprecedented changes in the wake of the...

March 8, 2021 No Responses

FirstBank Unveils First SME Account

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its SME specific accounts designed to reinforce the Bank’s role in putting SME’s at an advantage whilst contributing to national growth and ...

December 1, 2020 No Responses

Ecobank Nigeria Unveils Smart SME Agency Banking Campaign

Ecobank Nigeria has launched Smart Small And Medium Enterprise (SME) Agency Banking campaign targeted at empowering 100,000 entrepreneurs under the Ecobank SME and Agency Banking proposition. Emeka Agada, Head of SME, Ecobank Nigeria, said the initiative was i...

May 28, 2020 No Responses

SMEs Development, Agriculture, Others Take Centre Stage At UBA Africa Day Conversations

Development of homegrown solutions and adequate investment in human capacity building and agricultural expansion are key steps that will help to rebuild Africa and put the continent on a stronger footing post Covid-19. Various experts and leaders who mad...

September 11, 2019 No Responses

CBN Boosts Forex Market With $210M

The e interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, September 10, 2019. Figures obtained from the CBN indicated that authorized dealers.....

August 8, 2019 No Responses

Hamzat, Okonkwo, Seek More Finance, Infrastructure To Grow SMEs

The managing director and chief executive of Fidelity Bank, Mr Nnamdi Okonkwo, and the deputy governor of Lagos State, Dr Obafemi Hamzat, on Wednesday emphasized the need for access to finance, and infrastructure for small businesses and entrepreneurs fo...

July 30, 2019 No Responses

Photo News

L-R: Partner, PWC Experience Centre and Emerging Technologies, Femi Osinubi; Executive Director, Shared Services & Products, Fidelity Bank Plc, Chijioke Ugochukwu; Divisional Head, Managed SMEs, Fidelity Bank Plc, Osaigbovo Omorogbe; Group General Manager,...