Recent Trends In Investor Relations In Nigeria: What MSMEs Can Learn
The investor relations (IR) industry in Nigeria has been buzzing with activity, reflecting a blend of innovation and adaptation. As companies strive to make their mark, micro, small, and medium enterprises (MSMEs) have a unique opportunity to leverage these trends to their advantage. Digital Transformation and Real-Time Reporting One of the significant shifts in […]
Read MoreSMEDAN, NIPOST Partnership, A Boost For MSMEs Growth
The recent collaboration between the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Nigerian Postal Service (NIPOST) offers more than just a logistical solution for small and medium enterprises (SMEs). In providing a 15 percent discount on logistics services, this partnership aligns with broader national strategies, such as the GROW Nigerian initiative, […]
Read MoreFG To Disburse N150bn Palliatives To Manufacturers, MSMEs
The federal government is set to commence the disbursement of the N150 billion presidential palliative program aimed at supporting manufacturers and micro, small, and medium enterprises (MSMEs). This announcement was made by Honourable Minister of Industry, Trade, and Investment, Mrs. Doris Aniete, in a recent statement released over the weekend through her spokesperson, Mr. Terfa […]
Read MoreBoosting MSMEs: From Access Holdings’ N350bn Rights Issue
In a significant shift from traditional marketing strategies, Access Holdings, one of Nigeria’s largest financial services companies, has enlisted the help of social media influencers to promote its N350 billion rights issue. This move highlights the growing importance of social media in financial marketing, particularly as banks and financial institutions seek to reach younger, digitally […]
Read MoreWema Bank Launches ALATPay
Wema Bank has introduced a new payment gateway called ALATPay, specifically designed for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. Unveiled recently in Lagos, ALATPay aims to provide a secure and seamless shopping experience for customers while ensuring instant settlement for merchants through a unique ALATPay link. According to a statement released by the […]
Read MoreNew Minimum Wage: Impact On Nigeria’s Private Sector
The recent announcement of a new N70, 000 minimum wage in Nigeria has garnered significant attention, with various stakeholders expressing both commendation and concern. The Manufacturers Association of Nigeria (MAN) has praised President Bola Tinubu for this initiative but has also highlighted the pressing need for supporting measures to ensure that the private sector can […]
Read MoreWay Out For MSMEs In The Face Of Competition For Capital
Micro, Small, and Medium-sized Enterprises (MSMEs) in Nigeria often struggle to secure the necessary capital for growth and expansion. However, recent developments by the Securities and Exchange Commission of Nigeria (SEC) have made it easier for the enterprises to raise capital. Here is an in-depth look at how MSMEs can navigate the competitive landscape in […]
Read MoreImportance Of MSMEs Sourcing Capital From Regulated Platforms
Micro, Small, and Medium Enterprises (MSMEs) in Nigeria face numerous challenges in accessing adequate capital for growth and expansion. Meanwhile, leveraging regulated platforms for capital offers a myriad of advantages that can propel the enterprises towards sustainable development. Below, is a scenario that captures the importance of MSMEs sourcing funds from regulated platforms. Access to […]
Read MoreSEC Registers Three Crowdfunding Platforms
In a significant move aimed at bolstering the financing landscape for small businesses in Nigeria, the Securities and Exchange Commission (SEC) has registered three new crowdfunding platforms, with an additional three applications currently under review. This announcement was made by Mr. Emomotimi Agama, the Director-General (DG) of SEC, during a recent stakeholder’s dialogue on the […]
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