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Latest News
FG Kicks off Disbursement of N200 Billion N200bn MSMEs, Manufacturers Intervention Fund
The federal government has announced the Presidential Intervention Fund for Micro, Small, and Medium-Sized Enterprises and Manufacturers in Nigeria, valued at N200 billion.The minister of industry, tr...
GlaxoSmithKline Nigeria Plc’s Revenue Declined by 33.76%
According to GlaxoSmithKline Nigeria Plc's recently released financial statement for 2023, the company's profit dropped by 33.76% to N510.80 million in 2023 from N771.15 million in the previous financ...
Ogun State Government Disburses N1 Billion Grant to SMEs
The Ogun State government has disclosed that it will give out N1 billion grant to 1000 SMEs to mitigate the effects of COVID-19 in the sector.This was revealed in a statement on Sunday, stating that t...
UBA's $6 Billion AfCFTA Loan to Boost African SMEs
United Bank of Africa (UBA) recently announced an initiative focused on providing unique and detailed financing solutions to help foster small and medium-scale enterprises (SMEs) across the African co...
Opinion: Unpacking the Influence of Lagos Gridlock on Africa's Fifth Largest Economy
Lagos, often referred to as the economic powerhouse of Nigeria and Africa's fifth largest economy, is facing a critical challenge that threatens to hinder its growth trajectory – the perennial issue...