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Due to MSMEs being one of the major drivers of growth in developing economies, NCDF devotes some of its resources to the provision of government subsidized loans, grant and specialized business equipment to micro, small and medium scaled enterprises in Nigeria. Under this scheme, a Special Purpose Vehicle called “Scoenterprise” was launched ...
The MoU is for cooperation in enterprises development between the two countries and inviting Indonesian investors to Nigeria. [ 4 ] In October 2022, the agency had organized a packaging and branding programme for small and medium enterprises (SMEs) products with the main objective of exposing them to possibilities within the Africa Continental ...
The programme was launched in Nigeria in 2011. YouWin! is an acronym which stands for Youth Enterprise With Innovation in Nigeria. The programme is a joint product of four government ministries: the Federal Ministry of Finance, Ministry of Communication and Technology, Ministry of Education and Youth Development, and the Ministry of Women Affairs. [3]
Business credit cards work well for funding a startup if you’re looking to cover small expenses for a short time or keep cash flowing. The credit card issuer tailors the credit line to a limit ...
Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including ...
As part of efforts to expand financing opportunities, BOI began partnerships with several state governments under a matching fund scheme. The MSME matching fund is a 50:50 counterpart funding scheme with State Governments to administer the fund for establishing micro, small or medium scale businesses in participating states.
The Federal Ministry of Industry, Trade and Investment (FMITI) is a branch of the federal government of Nigeria responsible for creating wealth and employment, reducing poverty, and stimulating and diversifying the economy. [1]
A man who was running away from police has been arrested after getting stuck in a chimney while trying to hide from them, authorities said. The incident occurred on Tuesday evening in Fall River ...