Wema 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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