Stanbic IBTC Bank has partnered with Orange Corners Nigeria, an initiative of the Kingdom of the Netherlands, to support young entrepreneurs across the country. Orange Corners Nigeria is implemented locally by the Fate Foundation and has been active since 2019, providing training, mentorship,
Governor Babajide Sanwo-Olu Governor Babajide Sanwo-Olu of Lagos State has launched a ₦10 billion Access to Finance scheme under the Lagos State Market/SME Capital Options (LASMECO) initiative. The programme is a partnership between the Lagos State Government and the Bank of Industry (BOI), aimed at improving access to affordable credit for Micro, Small, and Medium […]
SMEDAN Offer daily access to sewing hub – theinsightsnig SMEDAN’s new initiative offers tailors workspace, sewing tools, and electricity for just N300 daily. The program teaches Nigerians how to reduce business startup costs, build skills, and grow their income. It encourages commitment, supports multiple industries, and offers hope for expansion across Nigeria.
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is currently offering support programmes designed to empower small businesses across the country. These initiatives include access to business training, financial assistance, and growth opportunities for entrepreneurs looking to expand or start their ventures. This move is part of the
Cascador, Nigeria’s leading accelerator for mid-stage entrepreneurs, has launched the Catalytic Fund, a $2 million annual initiative designed to provide financial support to its alumni businesses. This fund aims to bridge the financing gap that many Nigerian entrepreneurs face, offering both debt and equity funding to help businesses scale and sustain growth. Supporting
Lafarge Lafarge Africa has empowered its customers by providing 155 trucks to enhance business operations and address logistics challenges. This strategic move underscores the company’s commitment to fostering customer growth, operational excellence, and sustainability in Nigeria’s construction industry. According to Lafarge Africa, this milestone demonstrates its
At The Event .photo credit: UBA Group The United Bank for Africa (UBA) has called on Nigerian entrepreneurs to adopt sustainable business models for long-term growth and survival in Nigeria’s tough economic climate. Importance of Sustainability in Business Speaking at UBA’s final quarterly business series in Lagos, keynote speaker Bolanle Austen-Peters
Starting and growing a business in Nigeria can be challenging, but with the right strategies, you can achieve success. Whether you’re launching a small venture or looking to expand an existing one, these five tips will help you navigate the business landscape. 1. Start Small, Think Big Many successful businesses began with modest resources. Don’t […]
In a bid to strengthen the Nigerian economy, the government and private sector are expanding programs that provide small business grants and loans to entrepreneurs. These initiatives aim to empower small and medium-sized enterprises (SMEs), create jobs, and stimulate local economic growth. Government-Backed Grant Programs The Nigerian government, through the Bank of
Governor Adeleke, speaking. ARDNig Osun State Governor, Ademola Adeleke, encouraged Nigerian entrepreneurs not to give up despite the current economic difficulties. Speaking at the commissioning of the Dangote Refinery Booking Office in Ibadan, he shared his own experiences with adversity and emphasized the importance of determination and resilience. Adeleke praised the
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