30 results
- 17 Aug 2020
Zedvance Unveils “Keeping SMEs Alive” Campaign, Offers Zero-interest Loans to Small Businesses
Leading consumer and SME finance company, Zedvance Finance Limited has revealed plans to empower small and medium-sized businesses with interest-free credit to catalyze their growth against the…
- 3 Feb 2025
FG Strengthens Loan Access, Digital Innovation for Small Businesses
The Federal Government is intensifying efforts to enhance industrial expansion, ease access to funding and drive digital innovation to boost Nigeria’s economic competitiveness. The Minister of State…
- 22 Jan 2021
Polaris Unveils Business Loan for SMEs
Polaris Bank has introduced a cashflow lending product for small and medium scale enterprises (SMEs) tagged: ‘Polaris Business Loan.’ The facility offers both existing and new SME customers of the…
- 28 Jun 2026
Want a Business Loan Without Interest? SMEDAN Launches N500m Fund
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has secured a 12 million-dollar commitment from the South Korean Government to establish a Skills Acquisition Centre in Abuja to…
- 3 Nov 2021
Payhippo Raises $3m in Seed Funding to Accelerate SME Lending
Payhippo, a lending startup that is widening credit access for small businesses in Nigeria, announced today that it raised $3 million in seed funding. The round was led by influential African fintech…
- 14 Sept 2017
6 Simple Reasons Banks Won't Grant Your Business Loan Request
It's almost impossible these days to keep a small business running with money from your own pocket. To meet up with financial commitments, entrepreneurs usually approach their banks for loans and it…
- 29 Oct 2018
Nigerians Besiege Online Loan Companies for Cash Without Collateral
Small business loans help entrepreneurs meet financial obligations. However, lenders often require that you put down property as security for repayments, according to invoice.ng Not every…
- 8 Mar 2012
FirstBank Empowers Small Businesses with U-First Products
Buoyed by constant innovation, FirstBank has progressively demonstrated that its product offering transcends the regular lending, deposits, trade and treasury products, to the development of…
- 5 Mar 2012
FirstBank Empowers Small Businesses with U-First Products
Buoyed by constant innovation, FirstBank has progressively demonstrated that its product offering transcends the regular lending, deposits, trade and treasury products, to the development of…
- 14 Jun 2023
Inventory Finance: The Empowering Ally of Small Businesses in Nigeria
By Abang Emenyi, Head, Growth & Marketing, OnePipe Amina, a small grocery store owner in bustling Lagos, Nigeria, is the embodiment of resilience. Her store is an essential hub in her local…
- 20 Aug 2013
Ecobank Nigeria Gets Department to Finance Small Businesses
Ecobank Nigeria has set up a Microfinance department to support small business owners in Nigeria. These groups of people constitute the unstructured market and are small entrepreneurs whose…
- 3 Apr 2023
Moni Unveils New Community-powered Business Loans to Drive Growth for African SMEs
Moni, a digital platform that leverages social trust and group responsibility to deliver financial services in Africa, has launched a new range of business loans that enables market traders, spare…
- 13 Dec 2021
Stanbic IBTC Launches Business-specific Loans for SMEs
Stanbic IBTC Bank Plc has launched a business-specific facility to assist Small and Medium-scale Enterprises (SMEs) meet up with the expected surge in patronage during the yuletide season. Speaking…
- 7 May 2024
What We Can Learn from Africa’s Small Business Success Stories
By Gerald Maithya, General Manager, Microsoft Africa Transformation Office Africa is often hailed as the birthplace of some of the world’s most exciting tech startups. From Cape to Cairo, small…
- 1 Mar 2018
Mastercard to Pilot Messenger Bot for Small Businesses in Nigeria
Mastercard announced it will use Facebook Messenger to provide technology to small businesses in Africa and Asia to drive affordable acceptance of electronic and mobile payments, with the first pilot…
- 12 Dec 2023
Union Bank Pledges Improved Access to Capital for Small Businesses @BusinessDay 100 SME Conference
Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and…
- 5 Aug 2021
Looking to Scale your Business Through 5 SME Loan Schemes
With the persistent narrative around lack of access to quality loans for Small and Medium-scale Enterprises (SME) coupled with the fact that they play a pivotal role in driving the economy and…
- 9 Oct 2017
CBN urges SMEs to designed good business plan to enable them access development loans
Central Bank of Nigeria (CBN) have persuade d small and medium scale entrepreneurs to design reasonable business plans to enable them access development loans. Malam Faruk Abdullahi, Business…
- 8 May 2026
Unity Bank Disburses N500m Loan Facility to Support Small Traders
Unity Bank Plc says it has disbursed over N500 million through its Shop Collateralised Facility (SHOCOF) to support small-scale traders and shop owners across Nigeria. Unity Bank The bank said the…
- 8 Oct 2020
Beware of Fraudulent Loan, Investment Offers via SMS - CBN
Central Bank of Nigeria (CBN) has dissociated itself from fraudulent messages and videos on social media requesting loan seekers and small business owners to apply for loans purportedly facilitated…
- 4 Jun 2024
FG Giving Businesses up to ₦1Bn Loan @ 9 Percent Interest Rate — Wale Edun
Wale Edun, minister of Finance and Coordinating Minister of the Economy, has said that the federal government is offering businesses including manufacturers in the country credit facilities up to…
- 20 Jul 2020
IFC Supports Access Bank with $50 Million Loan to Strengthen Local Businesses in Nigeria
IFC, a member of the World Bank Group, is providing a loan of up to $50 million to Access Bank Plc to help the bank increase liquidity to thousands of small and medium-sized enterprises (SMEs) in…
- 13 Jul 2021
AfDB Bolsters Women-empowered Businesses with $50 million Loan to FCMB
The Board of Directors of the African Development Bank has approved a loan of $50 million to Nigeria’s First City Monument Bank (FCMB) to channel to local enterprises and women-empowered businesses…
- 11 Mar 2021
CBN Reopens COVID-19 Loan Portal for Households, Businesses
Central Bank of Nigeria (CBN) is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting households and micro, small and medium enterprises (MSMEs) affected by…
- 25 Nov 2019
FairMoney Launches ‘No Excuses’ Campaign
FairMoney, the mobile bank for emerging markets, is running the ‘No Excuses’ campaign to encourage individuals and small businesses to take advantage of its loan offering of N1,500 to N150,000.…
- 4 Nov 2021
Doroki Partners Visa, Paga to Launch ‘Business Connect & Grow’ Platform
Doroki, a platform focused on digitizing small-to-medium businesses, announces the launch of Business Connect and Grow - a transformational suite of digital tools for small-to-medium businesses…
- 26 Aug 2019
CBN Alerts Nigerians of Fake Social Media Messages Offering Loans
Central Bank of Nigeria (CBN) has cautioned Nigerians, especially youths and owners of small-scale businesses against fraudulent messages on social media requesting loan seekers to apply for a loan…
- 1 Sept 2021
ALAT Facilitates Business Management Session for Young Startup Founders
ALAT, Nigeria's leading digital bank on Thursday, August 26, 2021, rallied Young startup founders and small business owners for its Talk Series which is geared towards helping small scale businesses…
- 19 Jan 2016
N5Bn SMEs Intervention Loan: It’s 419 Message- FG
Ministry of Budget and National Planning has denied sending releasing any message on social media calling on individuals and Corporate Organisations to apply for N5 Million Small and Medium Scale…
- 8 Aug 2014
BoI, Kaduna Seal N1bn Deal on SME Financing
The Bank of Industry has sealed a N1bn Entrepreneurial Development Fund agreement with the government of Kaduna to boost the activities of small scale businesses in the state. The agreement brings…