Viralsharebuzz

Getting capital is a major problem for SMEs, particularly in Nigeria, the poverty capital of the world. However, the bank may still be the best bet to access quick and easy loans for the segment which play a major role in economic development.. The National Bureau of Statistics puts the total number of Micro, Small […]

Some Nigerian Deposit Money Banks (DMBs) are pushing for unsecured lending, a loan that does not require collateral, as demand rises among small and medium enterprises (SMEs) and households. As seen in the latest data from the Central Bank of Nigeria(CBN), demand for unsecured lending has been on the rise but lower than the demand in […]

In celebrating women, The Federal Government, in partnership with the African Development Bank, AfDB, Economic Community of West African States (ECOWAS), and development partners are set to empower 50 million Nigerian women with financial and non-financial opportunities through the use of the mobile application in the country. The director, economic development, Federal Ministry of Women Affairs, […]

The federal government is helping unemployed Nigerians become employers of labor through the National Directorate of Employment (NDE). Bauchi coordinator of the NDE, Lawan Yaya, made the declaration in Bauchi on Saturday when he spoke with the News Agency of Nigeria (NAN). He said some of the beneficiaries of NDE “The federal government is seriously […]

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Jaiz Bank Plc financing initiative aimed at boosting the capacity of micro and small enterprises (MSEs) across the country has commenced. A statement by the Corporate Affairs Division of the Agency in Abuja, quoted the Director-General and Chief Executive Officer of SMEDAN, Dr. Dikko […]

Tier-1 lender, Access Bank Plc, says its financial target for 2022 is to give out loans of about N100 billion to women-led businesses. According to the bank’s Group Head of the W Initiative, Abiodun Olubitan, this is Access Bank’s way of having more inclusion of women-owned businesses and expanding them for a better growing economy. Olubitan […]