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Jennete Ugo Anya
- March 21, 2025
BOI Unveils N10bn GLOW Fund to Boost Female Entrepreneurs
The Bank of Industry (BOI) has launched the Guaranteed Loans for Women (GLOW) Fund, a N10 billion initiative aimed at bridging the financial inclusion gap for female entrepreneurs in Nigeria. Announced by BOI Managing Director, Dr. Olasupo Olusi, the fund will provide women-led businesses with access to capital, mentorship, and capacity-building support. With 23 million […]
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- March 6, 2025
AfDB Proposes $230m Trade Finance Boost For Access Bank
The African Development Bank (AfDB) is planning a $230 million trade finance package for Access Bank Plc to enhance trade finance and provide foreign exchange liquidity for small and medium-sized enterprises (SMEs) in Nigeria. A recent Project Summary Note outlines the facility’s structure and expected impact on Nigeria’s trade ecosystem. The package comprises a $170 […]
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- February 10, 2025
Fidelity Bank Unveils SME Hub To Support Nigerian SMEs
Fidelity Bank has unveiled the Fidelity SME Hub, a dedicated facility designed to support small and medium-scale enterprises (SMEs) and creative entrepreneurs in Nigeria. Situated in Lagos, the hub is intended to provide businesses with essential resources, training, and networking opportunities, helping them grow and thrive in a highly competitive economic environment. The SME Hub […]
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- December 12, 2024
SMEDAN Engages SMEs On Benefits Of New Tax Reform Bills
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a nationwide engagement initiative to educate small and medium enterprises (SMEs) on the implications and benefits of the proposed Tax Reform Bills. This effort seeks to address misconceptions, provide clarity, and ensure informed participation in the legislative process by key stakeholders, including local […]
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- November 5, 2024
Wema Bank Launches Export Trade Academy To Boost Nigerian SMEs
Wema Bank has unveiled the Wema Export Trade Academy, a specialised training initiative aimed at equipping small and medium enterprises (SMEs) in Nigeria with the knowledge and tools necessary for success in international trade. This comprehensive program is designed to help SMEs overcome the regulatory, financial, and logistical barriers that often impede their entry into […]
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- August 2, 2024
EDC, IEI Launch Initiative For SMEs Risk Management
The Enterprise Development Centre (EDC) and International Energy Insurance (IEI) have forged a strategic partnership to bolster the support system for small and medium enterprises (SMEs) in Nigeria. This collaboration aims to provide critical risk management and insurance knowledge, enhancing the sustainability and growth potential of SMEs across the nation. The partnership will develop a […]
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- July 25, 2024
Call For Applications: Agri-SME Program Seed Lab For Africans
The Seed Lab, a key initiative under the African Development Bank (AfDB)’s Agri-Food small and medium-sized enterprise (SME) Catalytic Financing Mechanism (ACFM), is now accepting applications. This program, delivered through Open Capital’s Agri-SME Support Program, is designed to empower agri- small and medium-sized enterprises (SMEs) with the skills and knowledge needed for sustainable growth and […]
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- July 8, 2024
SMEDAN Secures N6bn Single-digit Interest Rate Loans For SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a significant financial initiative aimed at supporting small and medium enterprises (SMEs). The agency has signed a memorandum of understanding (MoU) with the Bank of Industry (BOI) and Sterling Bank to provide SMEs with access to N6 billion in loans at single-digit interest […]
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