SMEs – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 09 Jun 2026 18:17:23 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png SMEs – InfoStride News https://www.theinfostride.com 32 32 SMEs Need Infrastructure Beyond Financing – Senior VP, FCMB https://www.theinfostride.com/smes-need-infrastructure-beyond-financing-senior-vp-fcmb/ https://www.theinfostride.com/smes-need-infrastructure-beyond-financing-senior-vp-fcmb/#respond Tue, 09 Jun 2026 18:17:23 +0000 https://www.theinfostride.com/?p=485700 The Senior Vice President of First City Monument Bank (FCMB) has emphasized that small and medium-sized enterprises (SMEs) require more than just access to financing to thrive, stressing that adequate infrastructure, supportive ecosystems, and capacity-building initiatives are equally critical to their long-term success. Speaking on the challenges facing SMEs in Nigeria, the executive noted that [...]

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]]> https://www.theinfostride.com/smes-need-infrastructure-beyond-financing-senior-vp-fcmb/feed/ 0 Providus Bank Reaffirms Support for Small and Medium Enterprises https://www.theinfostride.com/providus-bank-reaffirms-support-for-small-and-medium-enterprises/ https://www.theinfostride.com/providus-bank-reaffirms-support-for-small-and-medium-enterprises/#respond Tue, 26 May 2026 12:25:27 +0000 https://www.theinfostride.com/?p=463446 Providus Bank has reiterated its strong commitment to supporting small and medium-sized enterprises (SMEs) across Nigeria, reaffirming that the sector remains central to its business strategy. During its annual SME forum held in Lagos, the bank emphasised its intention to deepen financial and advisory services geared at nurturing MSMEs and facilitating their growth in a [...]

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]]> https://www.theinfostride.com/providus-bank-reaffirms-support-for-small-and-medium-enterprises/feed/ 0 Female Bank Executives Achieve ₦18.8 Million Profit Surplus https://www.theinfostride.com/female-bank-executives-achieve-%e2%82%a618-8-million-profit-surplus/ https://www.theinfostride.com/female-bank-executives-achieve-%e2%82%a618-8-million-profit-surplus/#respond Tue, 26 May 2026 12:20:20 +0000 https://www.theinfostride.com/?p=463458 Nigeria’s financial sector is witnessing a noteworthy achievement as women-led banking teams collectively posted a combined surplus of ₦18.8 million in the latest reporting period. This impressive performance reflects their growing influence in a traditionally male‑dominated industry and marks a significant milestone in gender representation within banking leadership. The surplus, representing earnings above operating costs, [...]

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]]> https://www.theinfostride.com/female-bank-executives-achieve-%e2%82%a618-8-million-profit-surplus/feed/ 0 Schneider Electric Launches Innovative Power Solutions for African SMEs https://www.theinfostride.com/schneider-electric-launches-innovative-power-solutions-for-african-smes/ https://www.theinfostride.com/schneider-electric-launches-innovative-power-solutions-for-african-smes/#respond Thu, 25 Dec 2025 09:38:10 +0000 https://www.theinfostride.com/?p=466015 Schneider Electric has introduced a suite of new energy management and power solutions aimed at boosting the efficiency and growth potential of small and medium-sized enterprises (SMEs) across Africa. The initiative reflects the company’s ongoing commitment to addressing the continent’s persistent energy access challenges while empowering local businesses to become more competitive in an increasingly [...]

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]]> https://www.theinfostride.com/schneider-electric-launches-innovative-power-solutions-for-african-smes/feed/ 0 Inflation Moderates to 14.45% as Private Sector Urges Credit Access for Small Businesses https://www.theinfostride.com/inflation-moderates-to-14-45-as-private-sector-urges-credit-access-for-small-businesses/ https://www.theinfostride.com/inflation-moderates-to-14-45-as-private-sector-urges-credit-access-for-small-businesses/#respond Tue, 16 Dec 2025 14:30:15 +0000 https://www.theinfostride.com/?p=473605 Nigeria’s inflation rate eased to 14.45 per cent, providing cautious optimism for the economy as organised private sector groups renewed calls for stronger credit support for micro, small and medium enterprises to sustain growth and employment. Reports by Punch and other Nigerian news outlets indicate that the moderation in inflation reflects a slowdown in price [...]

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]]> https://www.theinfostride.com/inflation-moderates-to-14-45-as-private-sector-urges-credit-access-for-small-businesses/feed/ 0 MTN Collaborates with Small Business Agency to Accelerate Digital Growth and Job Creation for 40 Million SMEs https://www.theinfostride.com/mtn-collaborates-with-small-business-agency-to-accelerate-digital-growth-and-job-creation-for-40-million-smes/ https://www.theinfostride.com/mtn-collaborates-with-small-business-agency-to-accelerate-digital-growth-and-job-creation-for-40-million-smes/#respond Sat, 06 Dec 2025 13:43:23 +0000 https://www.theinfostride.com/?p=472973 MTN Nigeria has announced a strategic partnership with the national Small Business Agency to drive digital transformation, growth, and employment creation among the country’s small and medium-sized enterprises (SMEs). The collaboration is aimed at empowering approximately 40 million SMEs nationwide by providing access to technology, training, and financial solutions that will enhance business efficiency, expand [...]

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]]> https://www.theinfostride.com/mtn-collaborates-with-small-business-agency-to-accelerate-digital-growth-and-job-creation-for-40-million-smes/feed/ 0 Dangote Expands Support for Small Businesses Through Enhanced Participation at Kano Trade Fair https://www.theinfostride.com/dangote-expands-support-for-small-businesses-through-enhanced-participation-at-kano-trade-fair/ https://www.theinfostride.com/dangote-expands-support-for-small-businesses-through-enhanced-participation-at-kano-trade-fair/#respond Fri, 21 Nov 2025 18:47:48 +0000 https://www.theinfostride.com/?p=472075 The Dangote Group has reaffirmed its commitment to strengthening Nigeria’s small and medium-sized enterprises (SMEs) by deepening its support and participation in the 45th Kano International Trade Fair, a move that highlights the conglomerate’s longstanding role in stimulating commercial activities and empowering local businesses. The company’s presence at the event has drawn the attention of [...]

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]]> https://www.theinfostride.com/dangote-expands-support-for-small-businesses-through-enhanced-participation-at-kano-trade-fair/feed/ 0 Lagos provided support for over 700 business owners at an SME training camp. https://www.theinfostride.com/lagos-provided-support-for-over-700-business-owners-at-an-sme-training-camp/ https://www.theinfostride.com/lagos-provided-support-for-over-700-business-owners-at-an-sme-training-camp/#respond Thu, 20 Nov 2025 17:11:08 +0000 https://www.theinfostride.com/?p=471977 The Lagos State Government has empowered more than 700 entrepreneurs during its recently concluded Small and Medium Enterprises (SME) bootcamp, aimed at strengthening business capacity, fostering innovation, and promoting economic growth across the state. The programme, which brought together startups, small business owners, and aspiring entrepreneurs, focused on enhancing skills, providing mentorship, and facilitating access [...]

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]]> https://www.theinfostride.com/lagos-provided-support-for-over-700-business-owners-at-an-sme-training-camp/feed/ 0 Ecobank, Proparco Seal €10m Trade Finance Deal to Support SMEs https://www.theinfostride.com/ecobank-proparco-seal-e10m-trade-finance-deal-to-support-smes/ https://www.theinfostride.com/ecobank-proparco-seal-e10m-trade-finance-deal-to-support-smes/#respond Fri, 07 Nov 2025 14:22:57 +0000 https://www.theinfostride.com/?p=471028 Ecobank Group has signed a €10 million trade finance agreement with Proparco, the private sector financing arm of the French Development Agency (AFD), to boost access to finance for small and medium-sized enterprises (SMEs) across Africa.The landmark deal, announced in Lomé, Togo, where Ecobank’s headquarters is based, aims to enhance intra-African trade and strengthen the [...]

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]]> https://www.theinfostride.com/ecobank-proparco-seal-e10m-trade-finance-deal-to-support-smes/feed/ 0 Federal Government Aims to List 1,000 SMEs on Capital Market to Drive Economic Growth https://www.theinfostride.com/federal-government-aims-to-list-1000-smes-on-capital-market-to-drive-economic-growth/ https://www.theinfostride.com/federal-government-aims-to-list-1000-smes-on-capital-market-to-drive-economic-growth/#respond Sat, 18 Oct 2025 18:11:41 +0000 https://www.theinfostride.com/?p=469413 The Federal Government has unveiled an ambitious plan to list at least 1,000 Small and Medium Enterprises (SMEs) on the Nigerian capital market in the coming years as part of efforts to deepen financial inclusion, stimulate job creation, and strengthen the nation’s economic resilience.This disclosure was made by the Minister of Industry, Trade and Investment, [...]

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]]> https://www.theinfostride.com/federal-government-aims-to-list-1000-smes-on-capital-market-to-drive-economic-growth/feed/ 0 Study Shows 42% of Nigerian SMEs Can’t Survive a Month Without Income — Moniepoint https://www.theinfostride.com/study-shows-42-of-nigerian-smes-cant-survive-a-month-without-income-moniepoint/ https://www.theinfostride.com/study-shows-42-of-nigerian-smes-cant-survive-a-month-without-income-moniepoint/#respond Sat, 11 Oct 2025 17:43:49 +0000 https://www.theinfostride.com/?p=468827 A new study conducted by Moniepoint Inc., one of Nigeria’s leading financial technology firms, has revealed that 42 percent of small and medium-sized enterprises (SMEs) in the country would be unable to sustain their operations for more than a month without regular income inflows. The report highlights the fragile financial health of many small businesses [...]

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]]> https://www.theinfostride.com/study-shows-42-of-nigerian-smes-cant-survive-a-month-without-income-moniepoint/feed/ 0 Lagos Chamber of Commerce and Afreximbank Join Forces to Boost Nigerian SMEs https://www.theinfostride.com/lagos-chamber-of-commerce-and-afreximbank-join-forces-to-boost-nigerian-smes/ https://www.theinfostride.com/lagos-chamber-of-commerce-and-afreximbank-join-forces-to-boost-nigerian-smes/#respond Thu, 02 Oct 2025 13:17:35 +0000 https://www.theinfostride.com/?p=468075 The Lagos Chamber of Commerce and Industry (LCCI) has entered into a strategic partnership with the African Export-Import Bank (Afreximbank) to provide much-needed support for small and medium-sized enterprises (SMEs) in Nigeria. This collaboration, which was recently unveiled, is expected to enhance access to finance, trade opportunities, and capacity-building for businesses that form the backbone [...]

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]]> https://www.theinfostride.com/lagos-chamber-of-commerce-and-afreximbank-join-forces-to-boost-nigerian-smes/feed/ 0 FCMB Forecasts Gross Earnings of N265.2bn for Current Financial Year https://www.theinfostride.com/fcmb-forecasts-gross-earnings-of-n265-2bn-for-current-financial-year/ https://www.theinfostride.com/fcmb-forecasts-gross-earnings-of-n265-2bn-for-current-financial-year/#respond Tue, 09 Sep 2025 06:54:08 +0000 https://www.theinfostride.com/?p=466248 First City Monument Bank (FCMB) has announced that it is projecting gross earnings of N265.2 billion for the current financial year, reflecting optimism about its business performance despite prevailing economic challenges. The bank disclosed its expectations in its latest financial guidance, noting that it is confident of sustaining growth momentum across its core business segments [...]

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]]> https://www.theinfostride.com/fcmb-forecasts-gross-earnings-of-n265-2bn-for-current-financial-year/feed/ 0 Standard Chartered Pledges Commitment to Speed Up Africa’s Development https://www.theinfostride.com/standard-chartered-pledges-commitment-to-speed-up-africas-development/ https://www.theinfostride.com/standard-chartered-pledges-commitment-to-speed-up-africas-development/#respond Tue, 05 Aug 2025 09:51:28 +0000 https://www.theinfostride.com/?p=464019 Standard Chartered has reaffirmed its long-standing commitment to supporting Africa’s growth by committing significant financial resources, strategic partnerships, and innovative banking solutions to help address the continent’s development challenges. At a recent gathering of policymakers, investors, and corporate leaders in Johannesburg, the bank’s Group Chief Executive Officer reiterated that Africa remains central to the institution’s [...]

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]]> https://www.theinfostride.com/standard-chartered-pledges-commitment-to-speed-up-africas-development/feed/ 0 New Fintech App Aims to Revolutionize SME Financing with Digital Solutions https://www.theinfostride.com/new-fintech-app-aims-to-revolutionize-sme-financing-with-digital-solutions/ https://www.theinfostride.com/new-fintech-app-aims-to-revolutionize-sme-financing-with-digital-solutions/#respond Mon, 12 May 2025 18:56:33 +0000 https://www.theinfostride.com/?p=410345 In a significant move to empower small and medium-sized enterprises (SMEs), a leading financial technology firm has launched a groundbreaking mobile application designed to simplify and accelerate access to business financing. The new app promises to transform the way SMEs secure loans, manage cash flow, and grow their operations in an increasingly digital economy. With [...]

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]]> https://www.theinfostride.com/new-fintech-app-aims-to-revolutionize-sme-financing-with-digital-solutions/feed/ 0 VFD Group, Utopia to Empower 5,000 Women-Led SMEs https://www.theinfostride.com/vfd-group-utopia-to-empower-5000-women-led-smes/ https://www.theinfostride.com/vfd-group-utopia-to-empower-5000-women-led-smes/#respond Mon, 10 Mar 2025 07:10:23 +0000 https://www.theinfostride.com/?p=404936 VFD Group, in partnership with Utopia, has launched an initiative to empower 5,000 women-led small and medium-sized enterprises (SMEs) across Nigeria. The program aims to provide women entrepreneurs with financial support, business training, and mentorship to enhance their capacity for growth and sustainability in a competitive market. Recognizing the challenges faced by women in business, [...]

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]]> https://www.theinfostride.com/vfd-group-utopia-to-empower-5000-women-led-smes/feed/ 0 Firm Boosts SMEs and Pledges Support for Intra-African Trade https://www.theinfostride.com/firm-boosts-smes-and-pledges-support-for-intra-african-trade/ https://www.theinfostride.com/firm-boosts-smes-and-pledges-support-for-intra-african-trade/#respond Mon, 30 Dec 2024 13:00:34 +0000 https://www.theinfostride.com/?p=399218 A forward-thinking firm has intensified its support for small and medium enterprises (SMEs) in Africa, reaffirming its commitment to fostering intra-African trade and economic growth. The initiative is part of its strategic plan to empower SMEs, which are widely regarded as the backbone of the continent’s economy, and enhance their participation in regional and international [...]

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]]> https://www.theinfostride.com/firm-boosts-smes-and-pledges-support-for-intra-african-trade/feed/ 0 FX Crisis Stalls SMEs’ Expansion, Operators Decry Challenges https://www.theinfostride.com/fx-crisis-stalls-smes-expansion-operators-decry-challenges/ https://www.theinfostride.com/fx-crisis-stalls-smes-expansion-operators-decry-challenges/#respond Sat, 16 Nov 2024 18:53:41 +0000 https://www.theinfostride.com/?p=394489 Small and Medium Enterprises (SMEs) in Nigeria are grappling with stalled growth due to the ongoing foreign exchange (FX) crisis, which has led to soaring costs of imports and difficulty accessing foreign currencies. Operators in the sector have raised concerns about the adverse impact of FX scarcity on their operations, warning that continued inaction could [...]

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]]> https://www.theinfostride.com/fx-crisis-stalls-smes-expansion-operators-decry-challenges/feed/ 0 SMEDAN CEO Highlights Structural Challenges Facing SMEs in Accessing N5bn Single-Interest Loans https://www.theinfostride.com/smedan-ceo-highlights-structural-challenges-facing-smes-in-accessing-n5bn-single-interest-loans/ https://www.theinfostride.com/smedan-ceo-highlights-structural-challenges-facing-smes-in-accessing-n5bn-single-interest-loans/#respond Sun, 03 Nov 2024 21:34:39 +0000 https://www.theinfostride.com/?p=393060 The Chief Executive Officer of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dikko Radda, has raised concerns about the structural limitations that hinder small and medium enterprises (SMEs) from accessing N5 billion single-digit interest loans. According to Radda, many Nigerian SMEs lack the organization, documentation, and financial infrastructure necessary to qualify for [...]

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]]> https://www.theinfostride.com/smedan-ceo-highlights-structural-challenges-facing-smes-in-accessing-n5bn-single-interest-loans/feed/ 0 Petrol price increase could force SMEs to shut down operations – MAN https://www.theinfostride.com/petrol-price-increase-could-force-smes-to-shut-down-operations-man/ https://www.theinfostride.com/petrol-price-increase-could-force-smes-to-shut-down-operations-man/#respond Sat, 07 Sep 2024 00:37:02 +0000 https://www.theinfostride.com/?p=388623 The Manufacturers Association of Nigeria (MAN) has reacted to the increase in petrol prices stating that Small and Medium Scale Enterprises would be particularly hard-hit projecting that SMEs across the country could scale down operations or completely shut down. The Director General of MAN, Mr. Segun Ajayi Kadir disclosed this in an interview with the [...]

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]]> https://www.theinfostride.com/petrol-price-increase-could-force-smes-to-shut-down-operations-man/feed/ 0 SMEDAN partners with NIPOST to lower logistics costs for SMEs in Nigeria https://www.theinfostride.com/smedan-partners-with-nipost-to-lower-logistics-costs-for-smes-in-nigeria/ https://www.theinfostride.com/smedan-partners-with-nipost-to-lower-logistics-costs-for-smes-in-nigeria/#respond Wed, 17 Jul 2024 09:42:58 +0000 https://www.theinfostride.com/?p=383613 The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has said it is partnering with the Nigeria Postal Service (NIPOST) to bring down the cost of logistics for SMEs in the country.  The Director General of SMEDAN, Mr. Charles Odii, disclosed this via a post on his X handle after a meeting with the [...]

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]]> https://www.theinfostride.com/smedan-partners-with-nipost-to-lower-logistics-costs-for-smes-in-nigeria/feed/ 0 Strengthening the SMEs: Insights from the new SME Corporate Governance Guidelines 2023 https://www.theinfostride.com/strengthening-the-smes-insights-from-the-new-sme-corporate-governance-guidelines-2023/ https://www.theinfostride.com/strengthening-the-smes-insights-from-the-new-sme-corporate-governance-guidelines-2023/#respond Fri, 12 Jul 2024 12:22:43 +0000 https://www.theinfostride.com/?p=383197 On May 30, 2024, the Financial Reporting Council of Nigeria (FRCN) unveiled the SME Corporate Governance Guidelines 2023 (“The Guidelines”), a significant milestone aimed at bolstering the governance framework for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. Given that MSMEs constitute 96% of all businesses in Nigeria, account for 84% of national employment, and [...]

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]]> https://www.theinfostride.com/strengthening-the-smes-insights-from-the-new-sme-corporate-governance-guidelines-2023/feed/ 0 NICA advocates business-friendly loans for SMEs https://www.theinfostride.com/nica-advocates-business-friendly-loans-for-smes/ https://www.theinfostride.com/nica-advocates-business-friendly-loans-for-smes/#respond Mon, 18 Mar 2024 20:12:21 +0000 https://www.theinfostride.com/?p=373417 The National Institute of Credit Administration has said the availability of loans with low interest rates and flexible repayment terms will boost the profitability of Small and Medium scale Enterprises. In a statement made available to our correspondent on Sunday, the Chief Executive Officer of NICA, Prof. Chris Onalo, said a business-friendly loan would encourage [...]

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]]> https://www.theinfostride.com/nica-advocates-business-friendly-loans-for-smes/feed/ 0 Empowering Growth: SMEDAN Pledges New Support Initiatives for SMEs https://www.theinfostride.com/empowering-growth-smedan-pledges-new-support-initiatives-for-smes/ https://www.theinfostride.com/empowering-growth-smedan-pledges-new-support-initiatives-for-smes/#respond Thu, 22 Feb 2024 23:11:36 +0000 https://www.theinfostride.com/?p=371486 In a strategic move to further empower Small and Medium Enterprises (SMEs), the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has made a commitment to introduce new support initiatives. This pledge underscores SMEDAN’s dedication to fostering the growth and sustainability of SMEs, recognizing their pivotal role in driving economic development, job creation, and [...]

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]]> https://www.theinfostride.com/empowering-growth-smedan-pledges-new-support-initiatives-for-smes/feed/ 0 Governor Adeleke Approves Release of N1 Billion Loan for SMEs in Osun https://www.theinfostride.com/governor-adeleke-approves-release-of-n1-billion-loan-for-smes-in-osun/ https://www.theinfostride.com/governor-adeleke-approves-release-of-n1-billion-loan-for-smes-in-osun/#respond Wed, 24 Jan 2024 20:09:02 +0000 https://www.theinfostride.com/?p=368495 In a move to support Small and Medium Enterprises (SMEs) in Osun State, Governor Adeleke has approved the release of a N1 billion loan. This financial injection is aimed at fostering economic growth, providing financial assistance to SMEs, and promoting entrepreneurship within the state. The allocation of N1 billion underscores the commitment of the Osun [...]

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]]> https://www.theinfostride.com/governor-adeleke-approves-release-of-n1-billion-loan-for-smes-in-osun/feed/ 0 Firm unveils new platform to end financial challenges https://www.theinfostride.com/firm-unveils-new-platform-to-end-financial-challenges/ https://www.theinfostride.com/firm-unveils-new-platform-to-end-financial-challenges/#respond Sat, 26 Mar 2022 20:41:08 +0000 https://www.theinfostride.com/?p=321443 Financial technology company, Tingo Mobile Plc has disclosed a new platform to end challenges facing end-users in Nigeria. The new platform, an all-in-one financial solution application aimed at addressing challenges for Small and Medium Scale (SMEs) businesses and in extension all bank customers with smart phones, the Tingo Pay Super App will tackle the challenge [...]

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]]> https://www.theinfostride.com/firm-unveils-new-platform-to-end-financial-challenges/feed/ 0 7,000 SME owners, artisans in line for COVID-19 intervention fund https://www.theinfostride.com/7000-sme-owners-artisans-in-line-for-covid-19-intervention-fund/ https://www.theinfostride.com/7000-sme-owners-artisans-in-line-for-covid-19-intervention-fund/#respond Sat, 08 Jan 2022 21:20:11 +0000 https://www.theinfostride.com/?p=316297 Over 7,000 small-scale business owners and artisans are in line to benefit from the Federal Government’s COVID-19 intervention fund in Ogun State. The beneficiaries, according to the Coordinator of Ogun State Coordinating Units (Ogun SOCU), ‘Tunde Adebiyi, would get N5,000 each for six months to augment their capital. Adebiyi disclosed this, yesterday, in an interview [...]

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]]> https://www.theinfostride.com/7000-sme-owners-artisans-in-line-for-covid-19-intervention-fund/feed/ 0 Meta unveils business-coaching tool on WhatsApp to aid SMEs https://www.theinfostride.com/meta-unveils-business-coaching-tool-on-whatsapp-to-aid-smes/ https://www.theinfostride.com/meta-unveils-business-coaching-tool-on-whatsapp-to-aid-smes/#respond Wed, 10 Nov 2021 20:29:04 +0000 https://www.theinfostride.com/?p=312417 Meta launches Facebook Business Coach, which it described as an innovative and easily-accessible way for owners of small-and-medium-sized businesses (SMBs) in South Africa, Nigeria, and Kenya and other English speaking countries to learn more about how to grow their business online with Facebook, Instagram and WhatsApp. The Facebook Business Coach, available on WhatsApp, is a [...]

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]]> https://www.theinfostride.com/meta-unveils-business-coaching-tool-on-whatsapp-to-aid-smes/feed/ 0 We’ll Promote Growth Of SMEs In Oyo State – Kolawole Ajadi https://www.theinfostride.com/well-promote-growth-of-smes-in-oyo-state-kolawole-ajadi/ Wed, 19 Apr 2017 23:53:57 +0000 http://www.theinfostride.com/?p=162561 Mr Kolawole Ajadi, the Caretaker Chairman of Oke’badan Local Council Development Area, says the policy thrust of his administration will focus on promoting the growth of Small and Medium Scale Enterprises (SMEs). He spoke to the News Agency of Nigeria (NAN) in Ibadan on Wednesday shortly after he paid homage to the Olubadan of Ibadanland, [...]

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]]> Akinwunmi Ambode To Build Microfinance Bank For Artisans, SMEs https://www.theinfostride.com/akinwunmi-ambode-to-build-microfinance-bank-for-artisans-smes/ Sat, 20 Feb 2016 22:09:32 +0000 http://www.theinfostride.com/?p=120976 Akinwunmi Ambode, Lagos state governor yesterday, February 19, 2016, during the Lagos Corporate Assembly tagged ‘A-plus meets business’ hinted plans in place to set up a Microfinance bank for artisans and small business operators. He stated that he is passionate about ‘Made in Nigeria’ products and this project’s goal is to make business processes easier. [...]

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]]> Infographic: Attitude of Nigerian SMEs to E-commerce https://www.theinfostride.com/infographic-attitude-of-nigerian-smes-to-e-commerce/ Mon, 21 Sep 2015 18:20:33 +0000 http://www.theinfostride.com/?p=100260 Numerous findings abound on e-commerce however very few have examined the influence e-commerce has on Small and Medium Scale enterprises (SMEs) and how the advent of e-commerce has affected the entrepreneurial trend in Nigeria.   Since the advent of e-commerce, more and more youths are delving into one entrepreneurial field or the other due to [...]

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]]> Finance, Power and Economic Instability, Top Challenges Facing SMEs in Nigeria – Kaymu https://www.theinfostride.com/finance-power-and-economic-instability-top-challenges-facing-smes-in-nigeria-kaymu/ Thu, 17 Sep 2015 14:52:12 +0000 http://www.theinfostride.com/?p=99565 Online shopping community, Kaymu, has narrowed the top three challenges facing small and medium scale enterprises (SMEs) in Nigeria down to insufficient access to finance, unstable power supply and economic instability. Kaymu obtained this data from a survey carried out at on entrepreneurs at the recently concluded Entrepreneurs Club which had over 200 entrepreneurs in [...]

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]]> #Nigeria > Federal Government to Encourage Concessionary Funding for SMEs https://www.theinfostride.com/nigeria-federal-government-to-encourage-concessionary-funding-for-smes/ Sun, 13 Sep 2015 18:23:33 +0000 http://www.theinfostride.com/?p=98720 ABUJA (Office of the Vice President Report) “In a bid to help Micro, Small and Medium Scale Enterprises overcome the problem of access to low – cost financing, the Federal Government will encourage making well – planned concessionary funding initiatives available to them,” President Muhammadu Buhari said this in a speech delivered on his behalf by [...]

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