Tag: Small Business

Lagos to fund small businesses with NGN25billion
Startups

Lagos to fund small businesses with NGN25billion

Lagos state government has approved a total of  NGN6.25billion fund for 281 micro-enterprises for four years, totalling N25billion, the Trust fund bill was signed since January by Gov. Akinwunmi Ambode to support small businesses. According to the government about 150 of the beneficiaries have received offer letters under the pilot […]

No End in Sight For SMEs To Access Loans
Startups

No End in Sight For SMEs To Access Loans

After many decades of talk and empty policies, how the challenge of Small and Medium Enterprises (SMEs) having access to loans and financing can be defeated is yet to be seen. Many entrepreneurs have told stories of how they got help from family, friends and well-wishers who believed in their […]