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| Nov 22, 2024 | Bank of Industry raises $5 billion, plans N120 billion support for MSMEs | The Managing Director of the Bank of Industry (BoI), Mr. Olasupo Olusi, has disclosed that the bank has raised over $5 billion from international capital markets since 2017.
Olusi made this known on Thursday at the BoI’s 65th-anniversary ne... |
| Nov 5, 2024 | Bank of Industry disburses N1 billion to 20,000 SMEs in Ogun State | The Bank of Industry (BoI) has distributed N1 billion to support 20,000 small business owners across Ogun State under the Presidential Conditional Grant Scheme.
This scheme is an initiative that targets the micro, small, and medium-sized en... |
| Oct 8, 2024 | Access Bank takes home 2 awards at the 2024 Annual MSME Awards | Access Bank has emerged as the winner in two different categories of awards at the maiden edition of the Micro, Small and Medium Enterprises (MSME) Award Night.
This event, organised by Nairametrics and the Economic Forum Series was endorse... |
| Sep 16, 2024 | MasterCard and Airtel Smartcash headline the 2024 annual MSME finance awards program | The Economic Forum Series® (EFS), Nairametrics, and DiGiComm Enterprises are pleased to announce MasterCard and Smartcash Payment Service Bank (PSB) as the Headline Partners for the Annual MSME Finance Awards 2024.
This prestigious event is... |
| Sep 3, 2024 | NIPOST targets N10 billion revenue in 2024, vows to end missing mail | The Nigeria Postal Service (NIPOST) has said part of its goals for this year is to generate N10 billion in revenue for the government even as it promised to address concerns about missing mail.
The Postmaster General of NIPOST, Ms. Tola Ode... |
| Sep 2, 2024 | Nigeria's Dual Battle: Smuggling and Job Creation | Nigeria stands at a crossroads. On one side, the shadowy world of smuggling looms large, threatening the economy and public health. On the other, a glimmer of hope shines through the commissioning of new job-creating initiatives. These two ... |
| Aug 28, 2024 | Federal Government to create 48,000 jobs with commissioning of MSME clinics fashion and ICT Hubs in Benue | The Federal Government of Nigeria has commissioned ultra-modern Micro, Small, and Medium Enterprises (MSMEs) Clinics Fashion, and ICT Hubs in Makurdi, Benue State, stating that it will create 48,000 jobs annually.
The commissioning was perf... |
| Aug 19, 2024 | FG to begin disbursement of Presidential loans and grant to manufacturers, MSMEs in September | The Federal Government, under the Presidential Grant and Loan Scheme, will begin to disburse funds to over 700 verified manufacturers and MSMEs nationwide in September.
The Minister of Industry, Trade, and Investment, Dr. Doris Anite, annou... |
| Jul 12, 2024 | SMEDAN partners with NIPOST to lower logistics costs for SMEs in Nigeria | The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has said it is partnering with the Nigeria Postal Service (NIPOST) to bring down the cost of logistics for SMEs in the country.
The Director General of SMEDAN, Mr. Char... |
| Jun 11, 2024 | SMEDAN, Sterling bank launch N5 billion single interest loan for small businesses | The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in partnership with Sterling Bank Ltd., launched a N5 billion initiative called Databanc on Monday to bridge financial gaps for small businesses.
The initiative, aimed... |
| Dec 1, 2023 | Nigeria: Senate Wants Database for Artisans | The committee said the database would be the major platform where companies and government agencies could visit for recruitment of workers.
The Senate Committee on Local Content has promised to facilitate the establishment of a database for... |
| Nov 14, 2023 | Blockchain.com $110M funding round halves its 2022 valuation: Report
Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department
How this all-in-one app bridges the gap between traditional banking and crypto
Tornado Cash users file appeal over judgment in favor of ...... | Crypto exchange and wallet provider Blockchain.com closed a $110-million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.
In a Nov. 14 blog post, Blockchain.com said the closing of it... |
| Oct 30, 2022 | Tech talent migrates to Web3 as large companies face layoffs
FTX CEO dissects Mark Zuckerberg’s intent to pump $10B/year into Meta
Championing Web3 features in role-playing games — Here's why it matters
Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention
Simplifying... | As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that over 700 tech startups have experienced layoffs this y... |
| Oct 27, 2022 | Asset management firm launches BTC Lightning Network startup accelerator
Hong Kong could be key for China’s crypto comeback — Arthur Hayes
Blockchain embraces gold to provide stability and growth for crypto assets
Metaverse losses top $3.6B for Meta with spending set to increase
Championing ...... | Asset management firm Stone Ridge, the parent company of Bitcoin company NYDIG, has launched the first startup accelerator that focuses on the Bitcoin Lightning Network and the Taro protocol, called In Wolf’s Clothing (Wolf).
The accelerato... |
| Aug 15, 2022 | Pastel, a Nigerian bookkeeping and digital platform for merchants, raises $5.5M led by TLcom | There’s no end to digitizing the operations of small and medium businesses (SMBs) in the traditional retail sector across sub-Saharan Africa. In Nigeria alone, this industry, worth more than $200 billion, consists of over 40 million busines... |
| Dec 21, 2021 | At the Center of Attention: Lessons from small- and medium-enterprise support centers across the globe | The vast majority of businesses in the world are small- and medium-sized enterprises (SMEs). They are the backbone of any economy and play a substantial role in developing economies in generating employment, alleviating poverty and spurring... |
| Sep 22, 2021 | 10% of early-stage startups working on blockchain: GSER 2021
Bitcoin miner Genesis Digital Assets raises $431M
Championing Web3 features in role-playing games — Here's why it matters
Nifty News: Snoop’s $17M NFT collection, movie sold as NFT, QAnon espouser sells tweets
Simplifying Web3 ado... | With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers.
According to the Global Startup Ecosystem Report 2021 published on Wednesda... |
| Aug 5, 2021 | Crypto analytics firm Messari concludes $21M Series A led by Point72 Ventures
Coinbase CEO Brian Armstrong says proposed crypto tax rule makes no sense
Blockchain embraces gold to provide stability and growth for crypto assets
Swisscom will become a Chainlink node operator
Simplifying Web3 a ... | Cryptocurrency market intelligence provider Messari has concluded a $21 million fundraise that was supported by some of the biggest venture firms in blockchain, once again highlighting growing investor appetite for budding crypto startups.
... |
| Apr 9, 2020 | How Nigerian crowdfunding startups can survive new SEC regulations | Share this article:
A few weeks ago, the Securities and Exchange Commission, Nigeria, released a proposed regulation to guide the country’s crowdfunding activities. Though a good initiative, the high bar set by the regulator raised some que... |
| Oct 31, 2019 | Opera Scales More than 40 million SMEs Using OLeads in Nigeria | Opera, a popular browsing and digital platform announced the launch of OLeads to scale more than 40 million SMEs in Nigeria. OLeads is an online lead generation platform that small and medium-sized businesses can leverage for online visibil... |
| Sep 24, 2019 | How technology can play a crucial role in capturing the untapped insurance market | Share this article:
In June 2017, Oyinlade Adewale lost over ₦10 million in one night; robbers broke into her boutique in Surulere, Lagos, and carted away all goods in it.
Interestingly, Oyinlade had gotten an insurance cover a month before... |
| Opera Scales More than 40 million SMEs Using OLeads in Nigeria | Opera, a popular browsing and digital platform announced the launch of OLeads to scale more than 40 million SMEs in Nigeria. OLeads is an online lead generation platform that small and medium-sized businesses can leverage for online visibil... |