16 results
- 23 Jan 2014
IFC Invests in Nigeria to Expand Microenterprises
IFC, a member of the World Bank Group, has signed an agreement to invest N650 million (about $4 million) in Nigerian microfinance institution Grooming Centre to increase access to finance for up to…
- 7 Apr 2023
Report Reveals Some 7% of African SMEs are Adopting Tech
Despite the vast opportunities for success that access to the internet and technology provides for small businesses in Africa, less than seven per cent of microenterprises use technology for…
- 19 Oct 2020
Catalyst Fund, Others Launch $4.3M Inclusive Digital Commerce Accelerator
Catalyst Fund, managed by BFA Global, in partnership with the Mastercard Foundation and the Meltwater Entrepreneurial School of Technology (MEST), announced the Catalyst Fund Inclusive Digital…
- 10 Aug 2015
Revealed: Rosabon Study Shows Nigeria Loan Financing Over 5 Years
In the financial sector, there has been continued improvement in performance as the reforms carried out by the Central Bank of Nigeria (CBN) to evolve dynamic financial system continued to have…
- 25 Nov 2015
AfDB, LAPO Microfinance Bank Sign Loan Agreement
The African Development Bank Group (AfDB) and LAPO Microfinance Bank Ltd. signed a loan agreement for Nigerian Naira 2.364 billion (approximately US $12 million) to support inclusive growth in…
- 23 Dec 2016
IFC Helps Grooming Center Microfinance Expand Services in Nigeria
IFC, a member of the World Bank Group, has signed an agreement to provide a NGN 1.5 billion (about $4.8 million) loan to Grooming Centre, a leading microfinance institution in Nigeria, to increase…
- 31 Oct 2017
Visa to Empower 2Million Enterprises with $20m Commitment
By peter oluka Visa Inc. has marked the launch of the newly-incorporated Visa Foundation, which has been established as part of Visa’s larger social impact strategy that will prioritize the growth of…
- 30 Apr 2018
Stakeholders At BoICT Awards Canvass Use of ICT to Foster Sustainable Development
Opinion molders in the Nigerian Information and Communication Technology (ICT) sector have drummed up support for the use of ICT to stimulate sustainable development in our institutions. They…
- 9 Dec 2020
Mastercard, Financial Access Initiative Partner to Enable More Small Businesses Benefit From Digital Economy
The Mastercard Center for Inclusive Growth and The Financial Access Initiative (FAI) at New York University have announced the launch of The Small Firm Diaries, a global research initiative that will…
- 31 Aug 2021
FCMB Partners Mercy Corps to Uplift 500,000 Farmers, Vulnerable in North East
First City Monument Bank’s (FCMB) and Mercy Corps, have announced a partnership that will ensure that about 500,000 farmers and vulnerable people in Nigeria’s North-East zone can now access farming…
- 31 Oct 2024
FG Launches Amnesty to Allow Deposits of Forex outside Banking System
Federal government has unveiled a new policy for Nigerians to deposit dollar bills held outside the formal banking system without scrutiny. Nigerians have nine-month deadline to do this according to…
- 31 Oct 2024
FG Offers Nine-month Amnesty for Illegal Dollar Holdings
Federal Government on Thursday announced a nine-month programme beginning on October 31 that allows individuals to deposit dollar bills held outside the formal banking system without scrutiny. Wale…
- 23 Jun 2008
HP Restates Commitment to e-Learning Project
Leading technology distributor, Hewlett Packard, has restated its determination to empower local communities with necessary Information and Communications Technologies (ICT) tools capable of…
- 15 Feb 2026
BOI, MTN Foundation Unveil N1Bn Fund for Women Entrepreneurs
Bank of Industry (BoI) and the MTN Foundation have signed a memorandum of understanding to establish a N1bn Matching Fund to expand access to finance and capacity building for women-led micro…
- 4 Feb 2013
Star-studded Lineup for MobileMoney Expo
This year’s MobileMoneyAfrica expo and conference is shaping up to be an event as star-studded as any red carpet, with dozens of heavy hitters lining up to speak, including Jonathon Ridley -…
- 1 Nov 2013
AMSCO Supports Microfinance Firm to Boost Women Entrepreneurs
Lift above Poverty (LAPO), a microfinance institution committed to raising the socio-economic status of low-income people particularly women in Nigeria, is on its way to becoming a world class…