Monday, September 27, 2021
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QUOTE OF THE WEEK – PUT YOURSELF IN YOUR CUSTOMER’S PLACE

The Golden Rule For Every Business Man Is This: Put Yourself In Your Customer’s Place. Start Small, GROW BIG ………And Start Now!

CBN/NIRSAL LOAN 2021 – ACCESS UP TO N1 MILLIONS – N2.5 MILLION FOR HOUSEHOLDS AND MSMEs WITHOUT COLLATERAL @ 9% INTEREST RATE

The Central Bank of Nigeria (CBN) in conjunction with NIRSAL Microfinance Bank, has reopened the portal for Small and Medium Enterprises and households to access up to N25 Million. The Central Bank of Nigeria in 2020 introduced a stimulus package with the aim of supporting Micro, Small and Medium Enterprises and households that were affected by the COVID-19 pandemic.

ATTEND THE POPULAR ALTERNATIVE AGRICULTURE EQUIPMENT TRADE SHOW

The UK's Department for International Trade (UK DIT) in partnership with DMA and AgroNigeria invites you to join us at the Alternative Agriculture Equipment Trade Show on 26th March 2021 at 10:00GMT. The show is a landmark virtual event which promises to be an exciting opportunity to access the UK’s most competitively-priced agricultural equipment on a digital platform.

CBN ANNOUNCES PLANS TO DO A GIVEAWAY ON SOCIAL MEDIA FOR SMALL SME BUSINESSES

The Central Bank of Nigeria (CBN) has taken to social media to launch a giveaway challenge for entrepreneurs, small business owners, and creative artists. The apex bank in a post via its official Twitter account called on young Nigerians hustling legitimately to post a 120 seconds video or photo of how they can take care of their money...

ATTEND FREE WEBINAR – PUBLIC FINANCING FOR AGRICULTURE

Do you need financing for your agricultural business? If yes, attend this webinar – Public Financing for Agriculture. To register, click the link below: https://zoom.us/meeting/register/tJMud-yhpzwrHdFDoNtEXxqPvJU_JTIhxg_Z https://zoom.us/meeting/register/tJMud-yhpzwrHdFDoNtEXxqPvJU_JTIhxg_Z

ATTEND 2021 IITA/IFAD AGRIHUB TRAINING PROJECT FOR UNEMPLOYED NIGERIANS

2021 IITA/IFAD Agrihub Training Project For Unemployed Nigerians You will be trained on;  • Crop Production     • Establish Farms (Field crops, grain legume, root crops, flowers and many more) • Animal Production     • Establish Animal Farms (Cattle, diary, swine, aquaculture and fishery, poultry...

BUSINESS OF THE WEEK: MECHANIZED GARRI PRODUCTION

Product Description Garri is a fermented Cassava product, produced by garifying fermented cassava mash. Garri is produced mainly by traditional cassava processors, which are low shelf-life and usually unhygienic. The mechanized process technology for Garri production has ensured it is hygienic and safe for consumption.             Market Potential There is high demand for...

TIP OF THE WEEK – LIST OF TOP 10 SHARED WORK-SPACES IN NIGERIA

Are you wondering where you could find some workspaces in Nigeria? Due to the ranging pandemic, companies and individuals now work remotely, right from their homes. However, working from home comes with its cons, so business owners are always looking to cut costs. Suppose you’re a business that works out of a metro city. In that case, it won’t be easy finding...

INVITATION TO ATTEND A FREE LECTURE: RESOLVING TRADE AND INVESTMENTS DISPUTES

Please join our ‘Funke Adekoya, SAN as she and other renowned thought leaders in International Arbitration discuss ‘Resolving Trade/Investments Disputes’ at the fourth and last event of the ǼLEX Arbitration Month (March 2021). Date: Thursday, 25 March 2021 Time: 11:00AM (WAT) Platform: Zoom Speakers are:

APPLY FOR THE DIGITAL STATES PROGRAM 2021 FOR YOUNG NIGERIANS

The Digital States Program ensures that Nigerian youths are equipped with digital and life skills that can reduce the digital divide and foster economic growth by exposing them to digital tools and innovation that can redefine the future of their chosen career. This training will cover residents in Gombe, Kano, Lagos and Rivers states only and implemented by Wootlab Innovations.

FG OPENS THE PORTAL FOR REGISTRATION FOR GUARANTEED OFF-TAKE STIMULUS SCHEME & MSME GRANT – DISBURSES N27 BILLION FROM MSMEs SURVIVAL FUND

The Federal Government has announced that registration for the guaranteed offtake stimulus scheme and the general micro, small and medium enterprise (MSME) grant will commence on Tuesday, February 9th. The Federal Government has also announced the disbursement of N27 billion to Micro Small and Medium Enterprises (MSMEs) as part of the MSMEs Survival Fund Scheme.   100,000 MSMEs to benefit...

TRAFFIC IS KING: 5 WAYS TO INCREASE SEARCH ENGINE VISIBILITY

Today, most purchases begin online. Even if they eventually occur at a brick-and-mortar location, consumers are going to research what they want to buy first. This is going to give them an idea of what they want to purchase, what is available, and other essential information. When it comes to attracting the attention of consumers, it is important...

ASBON WOMEN GROUP CELEBRATES WOMEN’S DAY IN GRAND STYLE

As it is the custom every year, the Women wing of the Association of Small Business Owners of Nigeria (ASBON), celebrated the 2021 International Women’s Day in Style. The occasion was graced by very eminent personalities that altogether makes the day eventful and upbuilding The program kicked off with the welcome address by the Women Group Captain...

ASBON EDUCATION GROUP EMPOWERS LAGOS STUDENTS WITH SKILLS ON ADIRE MAKING

History was made on Wednesday, 10th March, 2021, when the Education Group of the Association of Small Business Owners of Nigeria (ASBON), under the Group Coordinator and team lead – Mrs Akunna Udunna, gathered students of various primary and secondary schools in Lagos State to upscale them with Adire Making Skills under the ASBON Education Group Skill Acquisition Program.

C.A.C CANCELS ACCREDITATION OF LAWYERS, ORDERS N10K YEARLY RENEWAL FOR LAWYERS, N50K FOR FIRMS

The Corporate Affairs Commission has canceled the unlimited accreditation granted to Lawyers, Chartered Accountants and Chartered Secretaries to transact business with the Commission on behalf their clients. The commission has replaced the unlimited accreditation with yearly renewable accreditation at the cost of Ten Thousand Naira for individuals and Fifty Thousand Naira for firms. A Guideline from the Commission stated that...

LSETF/USADF EMPLOYABILITY TRAINING PROGRAMME 2021 FOR LAGOS STATE YOUTHS

The employability partnership with the United States African Development Programme (USADF) is targeted at equipping 3,000 Lagos residents, between the ages of 18-35years with industry relevant skills, annually, for a period of five years Type: Training, Internships Eligibility: Must be a Lagos residentMust have a ...

TIME TO PACK: THE TENANT EVICTION PROCESS EXPLAINED IN 8 SIMPLE STEPS

Time to Pack: The Tenant Eviction Process Explained in 8 Simple Steps For a landlord, the eviction process is always too slow, too cumbersome, and too costly. It is unsatisfying and unproductive. Therefore, the ideal eviction is one that never happens. A rigorous tenant screening process, including employment verification, public record, and background, credit, and reference checks, will minimize...

DON’T SIT DOWN AND WAIT FOR OPPORTUNITIES TO COME. GET UP AND MAKE THEM

Don’t Sit Down And Wait For Opportunities To Come. Get Up And Make Them

QUOTE OF THE WEEK – QUALITY IS THE BEST BUSINESS PLAN

Quality Is The Best Business Plan. Pay More Than The Usual Attention On Quality In Your Business And Your Business Will Thrive!

ASBON CELEBRATE INTERNATIONAL WOMEN’S DAY IN STYLE – BE PART OF IT!

WOMEN ……. THIS WEEK IS OUR WEEK You are cordially invited to: ASBON 2021 International Women's Day! Organizer: Association of Small Business Owners of Nigeria (Women's Wing) Date : Thursday, March 11,2021 Venue: Grafil house, 2nd floor, 33 Abeokuta street,Opposite Computer village, Anifowose, Ikeja, Lagos

APPLY FOR FREE BUSINESS RECOVERY PROGRAMME (FEMALE) AND GET THE SUPPORT YOU NEED FOR YOUR BUSINESS

STATES Kaduna: (January 27 – February 24, 2021) Ogun: (March 3 – March 31, 2021) Lagos: ( April 7 – May 5, 2021 WORKSHOP DETAILS Entire training duration: 4 weeks Weekly: (Tuesday - Fridays)Time: 10:00am - 2:00pm dailyNo. of contact hours: 16/workshop streamClass size: 40 unique female entrepreneursDelivery Format/Platform:...

AWIEF GREEN ENERGY VENTURES ACCELERATOR PROGRAMME 2021 FOR WOMEN-LED ENTERPRISES

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) in 2020 launched a new initiative “Enterprise Development for Women-Owned Ventures in Green Energy” in partnership with the African Women’s Development Fund (AWDF). The programme is implemented in Malawi and Nigeria. AWIEF is pleased to announce the call for applications for an Accelerator Programme targeting 10 women-owned and/or women-led enterprises involved in renewable and green energy...

APPLY FOR N200,000 SMALL GRANT OPPORTUNITY

The Capital Fellowship, an Non Governmental Organization, is currently accepting applications for a Small Business Grant of N200,000 for Micro and Small Businesses. They're also going to provides mentorship and business resources to selected Business Owners. If you're a Small Business Owner and wants to explore this funding opportunity, click on the link below and apply:

RECEIVE DOLLARS AND GET A CASH REWARD – CBN ANNOUNCES

Central Bank of Nigeria di highest regulator of banking and oda financial services inside Nigeria don introduce wetin dem call di CBN "Naira 4 Dollar Scheme". For one circular wey Central Bank of Nigeria release over di weekend, CBN ay dem go through commercial banks, pay those wey dey receive di dollar, di five naira awoof...

ANZISHA PRIZE FELLOWSHIP PROGRAM 2021 FOR YOUNG AFRICAN ENTREPRENEURS (USD $100,000 PRIZE)

The Anzisha Prize is Africa’s biggest award for her youngest entrepreneurs aged 15 – 22 years, and hands out over USD $100,000 every year in prize money to entrepreneurs from all over the continent. The Anzisha Prize seeks to award young entrepreneurs who have developed and implemented innovative solutions to social challenges or started successful businesses within their communities.

UNION BANK INNOVATION CHALLENGE 2021 FOR YOUNG NIGERIAN ENTREPRENEURS

UnionX Innovation Challenge: A New Discovery The Covid-19 pandemic has changed the world as we know it, setting the stage for innovators and creative thinkers to take the lead in developing groundbreaking solutions for unprecedented challenges. As we push through the “new normal” towards a “better normal”, businesses are looking for cutting-edge solutions that will set them...

TO ALL THE WOMEN, WE VALUE YOU AND WISH YOU A HAPPY WOMEN’S DAY

Sending All Women Our Best Wishes And To Say You Illuminate The World Around Us! Happy Women’s Day!!

QUOTE OF THE WEEK – DON’T EXPECT RESULT FOR THE WORK YOU DIDN’T DO

Don’t Expect Result For The Work You Didn’t Do Start Small, GROW BIG …..    And Start Now!

FCMB EXTENDS N5M INTEREST-FREE LOAN FOR WIMBIZ

FCMB Extends N5m Interest-Free Loan For WIMBIZ First City Monument Bank (FCMB) is providing interest-free loans of up to N5 million to entrepreneurs under the Bank’s SheVentures initiative for women in business (WIMBIZ) for three months. In a statement by the Head of the SheVentures Team, Ms. Yetunde Moito, the bank said the extension is to reiterate...

APPLY FOR N1M START-UP GRANT TO GROW YOUR SMALL BUSINESS

@Quickteller has partnered with @AgsTribe to create business opportunities for small businesses looking to grow their income.  They have also launched a Business Stimulation Program! To benefit from this, create a FREE Quickteller business account via  https://t.co/vJNm32WR0u https://t.co/h8sV0YyuLb

APPLY TO ATTEND THE SMEDAN FREE MSME DIGITAL ACADEMY AND GET QUICKER ACCESS TO FUNDING AND INFORMATION

SMEDAN has established a MSME Digital Academy and are about to commence trainig. Requirement: Full Names Type of business, SMEDAN Registration number Phone number and Email The MSME Academy is a joint initiative of the Federal Government, through the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) and Sapphital Learning Ltd...

APPLY FOR A FREE VOCATIONAL TRAINING BY LAGOS STATE GOVT

The Lagos State Technical and Vocational Education Board has partnered with the Kessington Adebukunola Adebutu Foundation to provide free quality vocational training in  * Masonry and Tiling * Plumbing and Pipe Fitting * Furniture and Carpentry * Electrical installation and maintenance To enroll for any of the courses, obtain your...

NIGERIAN FEMALE ENTREPRENEUR? APPLY FOR SHE WORKS HERE WOMEN-OWNED BUSINESSES (SWOB) GRANT

That the COVID-19 pandemic caused a devastating impact on people’s lives, businesses, and the economy as a whole is no exaggeration. A recent survey reveals that there is a disproportionate impact of the pandemic on women entrepreneurs around the world, with 87 percent reporting that they have been negatively affected. While countries across the globe are grappling...

UNION BANK INNOVATION CHALLENGE 2021 FOR YOUNG NIGERIAN ENTREPRENEURS

UnionX Innovation Challenge: A New Discovery The Covid-19 pandemic has changed the world as we know it, setting the stage for innovators and creative thinkers to take the lead in developing groundbreaking solutions for unprecedented challenges. As we push through the “new normal” towards a “better normal”, businesses are looking for cutting-edge solutions that will set them...

TIP OF THE WEEK – HOW TO MAKE YOUR SMALL BUSINESS MORE SUCCESSFUL

Do you feel like you’re treading water with your small business and not making progress towards your goals? Or are you having trouble choosing business goals to work toward this year in the first place? Every entrepreneur wants to own a successful and profitable business, but it's not always clear how to get there. If you...

FG OPENS THE PORTAL FOR REGISTRATION FOR GUARANTEED OFF-TAKE STIMULUS SCHEME & MSME GRANT – DISBURSES N27 BILLION FROM MSMEs SURVIVAL FUND

The Federal Government has announced that registration for the guaranteed offtake stimulus scheme and the general micro, small and medium enterprise (MSME) grant will commence on Tuesday, February 9th. The Federal Government has also announced the disbursement of N27 billion to Micro Small and Medium Enterprises (MSMEs) as part of the MSMEs Survival Fund Scheme.   100,000 MSMEs to benefit from...

BIG THINGS OFTEN HAVE SMALL BEGINNINGS….. START SMALL, GROW BIG

Big Things Often Have Small Beginnings….. Start Small, Grow Big And Start Now!

QUOTE OF THE WEEK

Business Is All About Solving People’s Problems  - At A Profit. Research And Search Out For A Problem You Can Solve In 2021 And Turn It To A Profitable Business Start Small, GROW BIG ……And Start Now!

FEDERAL GOVT MSME SURVIVAL FUND SALARY PAYROLL SUPPORT SCHEME REGISTRATION REOPEN 27TH JANUARY TO 2ND FEBRUARY, 2021

The Steering Committee of the MSME Survival Fund and the Guaranteed Offtake Scheme Chaired by the Hon Minister of State, Federal Ministry of Industry, Trade and Investment, Ambassador Mariam Katagum, wishes to inform the Public that the MSME Survival Fund Payroll Support Portal (https://survivalfund.gov.ng/) will be exceptionally reopened for States that have not met their quota.  The Portal...

TONY ELUMELU FOUNDATION ENTREPRENEURSHIP TEF 2021 IS OPEN (WIN $5000 SEED CAPITAL)

It is no longer news that the Tony Elumelu Foundation Entrepreneurship programme, TEF2021 portal is open to receive new applications from entrepreneurs looking for an opportunity to get a free small business grant ($5000), training, and mentorship. What is news is that, at least, 2000 awardees would be selected to win this year’s programme. A combination of 2020 and 2021.

SMEDAN AND BANK OF AGRICULTURE (BOA) OPEN N5M LOAN TO SUPPORT BUSINESSES

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Agriculture (BOA) are building synergy towards boosting the capacity of micro-businesses across the country with a Matching Fund Programme. A statement issued by the Corporate Affairs Unit of the agency in Abuja quoted the Director-General and Chief Executive Officer of SMEDAN, Dr. Dikko Radda as...

LAGOS STATE GOVERNMENT GRADUATE INTERNSHIP PLACEMENT PROGRAMME (GIPP) FOR UNEMPLOYED GRADUATES (N40,000 MONTHLY STIPEND)

As part of efforts to reduce the rate of unemployment in Lagos State, Governor Babajide Sanwo-Olu has approved Internship Programme for 4,000 unemployed graduates in line with the T.H.E.M.E.S Agenda of the present administration and the Youth Development Programme of the State.  The Graduate Internship Placement Programme (GIPP) is designed to give candidates the opportunity to develop employability and work-ready skills...

LOANS WITH NO DOCUMENTATION, LOANS WITH NO COLLATERAL – ACCESS UP TO 5 MILLION IN 5 MINUTES. NO NEED FOR DOCUMENTATION OR COLLATERAL

Here is what you need to know! Specta is an online lending platform that gives you loans of up to 5 Million in one transaction all within 5 minutes! No collateral, no paperwork and no visit to any office. With Specta, you can take care of urgent personal and business needs anywhere, anytime.

2021 EDITION OF ITS ANNUAL ENTREPRENEURSHIP MENTORING PROGRAMME

Are you an entrepreneur between ages 25 to 45?  Here is an opportunity for you to grab! The Lagos Chambers of Commerce & Industry (LCCI), present a Mentoring opportunity for young entrepreneurs at its 2021 edition of its Annual  Entrepreneurship Mentoring Programme. This opportunity is aimed at mentoring young entrepreneurs for business success using networks,...

ACCESS UP N3M FROM THE N75BN NIGERIAN YOUTH INVESTMENT FUND

The Federal Government, through the ministry of youth and sports development, has launched a N75 Billion investment fund called The Nigerian Youth Investment Fund (NYIF) to empower young entrepreneurs to start and scale their business. The Nigerian Youth Investment Fund (NYIF) was set up as an initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded...

FREE 250,000 FG/CAC BUSINESS NAMES REGISTRATION FOR MSMEs

Business formalization Support of the MSME Survival Fund As part of Federal Government’s post Covid-19 Pandemic survival intervention to support micro and small businesses to formalise their businesses, the Federal Government has approved the free registration of 6,606 Business Names in each of the 34 states while Abia, Lagos and Kano will have 7,906, 9,084 and 8,406 respectively.

LIST OF AGREGATORS FOR THE FREE 250,000 FG/CAC BUSINESS NAMES REGISTRATION FOR MSMEs

Aggregators have been appointed to receive applications from interested persons in line with CAC requirements.  The names and  contact details of the aggregators can be found here and also below: LIST OF AGGREGATORS AND STATE FOCAL PERSONS FOR THE FREE 250,000 FG/CAC BUSINESS NAMES REGISTRATION FOR MSMEs SN CONTACT PERSONS OF THE AGGREGATORS

AFRICAN WOMEN ENTREPRENEURSHIP COOPERATIVE (AWEC) PROGRAMME 2021 FOR AFRICAN FEMALE ENTREPRENEURS

AWEC is the accelerant behind hundreds of African female entrepreneurs who have transformed and grown their businesses. We are seeking the next 200 women who are ready to join our cohort for a high-impact applied learning experience.  From 18 January 2021 – 31 January 2021, AWEC will accept applications for its highly selective leadership and business management capacity building...

FINANCE ACT, 2020 – IMPACT ON THE MANUFACTURING SECTOR

On 31 December 2020, the President signed the Finance Bill, 2020 (now Finance Act, 2020) into law, alongside the 2021 Appropriation Act. Indeed, the introduction of the Finance Act, 2020 (FA 2020) at the beginning of fiscal year 2021 is a step in the right direction. One can come to a conclusion that the Nigerian government is making conscious efforts to align...

FINANCIAL ACT BILL – HIGHLIGHTS OF THE NEW FINANCIAL REGULATION

*Highlights of the New Financial Regulations* If you're a low income earner on N30k p/mth or less, you're now exempted from personal income tax based on the new Finance Act. So tell your employer to stop deducting PAYE from your pay effective from this month. 2.Effective 1st Jan 2021, commercial flight tickets have been exempted...

NATIONAL IDENTITY NUMBER – YOU MAY ALREADY HAVE YOUR NIN REGISTERED WITHOUT YOU KNOWING IT. CHECK IT OUT

Good news: So many Nigerians have NIN and they are unaware. The truth is that everyone that did their BVN when it was introduced in 2014 has NIN automatically, as long as ur BVN number start from 221 or 222, NIN number was assigned to the BVN. Just dial...

HOW TO MAKE HUGE PROFIT SUPPLYING UNRIPE PLANTAIN TO LOCAL INDUSTRIES IN NIGERIA

On its diversity, Nigerian agriculture features tree and food crops, forestry, livestock and fisheries. In 1993 and 1994, constant factor cost, crops (the major source of food) accounted for about 30% of the Gross Domestic Products (GDP), livestock about 5%, forestry and wildlife about 1.3% and fisheries accounted for 1.3% Nigerian agriculture is characterised by considerable regional and crop diversity....

C.A.C GIVES ULTIMATUM FOR ACCOUNTS’ VALIDATION

Companies who refuse to validate their accounts will be accredited and would face a rigorous process of revalidation after April 1. The Registrar General, Corporate Affairs Commission (C.A.C), Garba Abubakar has given an ultimatum to the registered companies in the country to validate their bank accounts before March 31 or be sanctioned. Abubakar made this...

5 WEBSITES RELATED TO AFRICA CONTINENTAL FREE TRADE AREA (AfcFTA) THAT YOU SHOULD KNOW

5 websites related to Africa Continental Free Trade Area (AfCFTA) ,that you should know: 1. AfCFTA AU Website https://afcfta.au.int/en 2. Sokokuu https://sokokuu.africa/index.php 3. Africa Trade Observatory (ATO) https://ato.africa/en 4. Trade Barriers Portal

HOW TO GET A BANK LOAN FOR YOUR SMALL BUSINESS

Need funding? A small business bank loan can be a good option, if you qualify for it. Here are some tips to make it easier to get a bank business loan. Understanding what your bank needs in the application process ahead of time can make the overall process...

FIVE FREE ONLINE CLASSES FOR ENTREPRENEURS

Five free online classes for entrepreneurs Are you a new entrepreneur looking to build your business, or a seasoned one looking to pivot or grow yours? Here are five websites that offer free courses for business owners. https://www.uschamber.com/co/grow/thrive/free-online-classes-for-entrepreneurs?utm_medium=Email&utm_source=SFMC&utm_campaign=MO_Newsletter&utm_content=2021_01_13

HOW TO WRITE A GRANT PROPOSAL AND GET IT

Explanation of How to Write a Grant and Get It It can be very hard to find a genuine grant; worse still getting them is a hurdle. Finding the right grant can be a very daunting task, but the moment you get them, you need to come up with a convincing grant proposal. This is another stepping stone...

FG, TIIMAFRICA TO PROVIDE $5,000 ONE-TIME GRANT TO YOUNG BUSINESS OWNERS

The Federal Ministry of Youths and Sports, in partnership with Tiimafrica, has organized a one-time grant of $5,000 to Nigerians between the ages of 25 and 35, who run businesses and have 6 months financial records.  This disclosure was made by the Federal Ministry of Youth and Sports, in a tweet via its official Twitter handle. The tweet...

BUSINESS LEADERS TO EMPOWER FOUR MILLION YOUTHS WITH N175B

Business leaders under the auspices of Coalition Against COVID (CA-COVID) are to create four million jobs within the next five years. The private sector coalition said youths would be the biggest beneficiaries of the job windfall for which the businessmen plan to invest N175 billion. Central Bank of Nigeria (CBN) Governor Godwin Emefiele told reporters...

BENEFICIARIES OF TRADERMONI, OTHERS ADVISED TO REPAY THEIR LOANS TO GET HIGHER LOANS

Beneficiaries of GEEP have been advised to repay their loan to enable them get a higher loan and access to other products. Beneficiaries of TraderMoni, FarmerMoni, MarketMoni under the Government Enterprise and Empowerment Programme (GEEP) have been urged to repay their loans in order to enable them to get a higher loan and to have access to other...

STERLING BANK LAUNCHES AGRIBUSINESS FACILITY FOR WOMEN, YOUTHS

Sterling Bank Plc has launched a new product, Sterling Women and Youths in Agriculture Finance code-named SWAY-AgFin, to provide low-cost financing at single-digit rates to young men and women entrepreneurs in the agribusiness value chain across the country. Mrs. Bukola Awosanya, Group Head, Agric Finance and Solid Minerals Financing for Sterling Bank, who disclosed this in a statement in Lagos yesterday, explained that...

CREATIVE WAYS TO COME UP WITH GREAT BUSINESS IDEAS?

You need a great idea if you want to start a business. You can know the five methods of creating a great business idea into your everyday life for better success. There are plenty of ideas, but all you need is to think in the right way.  Five practical ways to create a great business idea.

APPLY FOR AFRICAN WOMEN IN AGRICULTURAL RESEARCH AND DEVELOPMENT (AWARD) ONE PLANET FELLOWSHIP 2021 FOR AFRICAN RESEARCHERS

The One Planet Fellowship seeks to build a vibrant, highly connected and intergenerational network of African and European scientists equipped to lead research on the multi-dimensional impacts of climate change on Africa’s agriculture and food systems while also identifying and developing innovative solutions to effectively respond to the challenges, needs and priorities of diverse population groups across the continent. Eligibility criteria To be eligible for the...

ORANGE CORNERS NIGERIA INCUBATION PROGRAMME 2021 FOR YOUNG ENTREPRENEURS

Orange Corners is an initiative of the Kingdom of The Netherlands that provides young entrepreneurs across Africa and the Middle East with the necessary training, mentorship, network, funding and facilities to start and grow their businesses. Specific focus is given to entrepreneurs creating innovative and sustainable solutions to local challenges and contributing to the UN Sustainable Development Goals. We partner with various stakeholders, including...

CONSUMER PSYCHOLOGY: WHY DO WE BUY CERTAIN PRODUCTS AND PASS UP ON OTHERS?

Which products will sell out instantly, and which ones will collect dust on the shelves? Brands ask themselves these questions on an everyday basis. The answer almost always points them to psychology. Even though companies may work in different industries and niches, their customers all think in a similar fashion. Here’s what brands can do to entice consumers to open their wallets...

5 FACTORS THAT CONTRIBUTE TO A COMFORTABLE RESTAURANT EXPERIENCE

Restaurants have one chance to attract and keep a customer. That chance starts with getting them in the door with a good marketing plan. Then, when customers come through the door they need to be impressed with the general look and feel of the restaurant. Next, they need to be seated promptly and treated very well. That seating and table have...

WHAT YOU BRING TO THE TABLE: 7 WAYS TO PERSONALIZE YOUR BUSINESS

Personalization can make or break your success as a business owner. Consumers expect more from the organizations they interact with, especially when it comes to marketing communications and loyalty programs. Although large corporations have ready access to personalization resources, small businesses can also learn how to leverage these tools. From social media to crafting marketing messages around your company’s values, personalization can help...

MUCH MORE THAN A CASH REGISTER: EVERYTHING YOU SHOULD KNOW ABOUT THE CRUCIAL ROLE OF POS SYSTEMS

Every business sells something. That “something” can be products, services, or other transactions. Whatever the type of sale, each business requires a system for processing that sale. These systems are often referred to as POS, or Point of Sale, systems. Most people know what these systems are. Often, they are referred to as cash registers. However, a modern...

WELCOME TO RESPONSIBILITIES AND MORE CHANCES OF PROSPERITY IN 2021

Welcome responsibilities as it will bring in more chances of being successful and prosperous in this New Year Happy New Year

QUOTE OF THE WEEK

If the plan doesn’t work …… Change the plan…. But never the goal! Start Small, GROW BIG  and …… Start NOW!

2020 LSETF W-INITIATIVE FOR LAGOS WOMEN ENTREPRENEURS (5 MILLION NAIRA)

Are you a female entrepreneur residing in Lagos State?. You can now access up to 5 million Naira when you apply for LSETF W-INITIATIVE. The Lagos State Employment Trust Fund (LSETF) was established by The Lagos State Employment Trust Fund Law 2016 to provide financial support to residents of Lagos State, to tackle unemployment through job and wealth creation.

BANKS OFFER YOUTHS N2B AGRIC LOAN AT 5% INTEREST

THE Central Bank of Nigeria (CBN) has authorised commercial banks to give up to N2 billion maximum loan to youths interested in going into agriculture. The loan, which comes under the Accelerated Agriculture Development Scheme (AADS) at five per cent interest rate per annum was created by the apex bank in collaboration with state governments to engage 370,000 youth...

LAGOS DESIGNS ELIGIBILITY FORM FOR BUSINESSES TO ACCESS N1BILLION SEED CAPITAL

Lagos has designed a palliative eligibility form, to take in the applications of qualified practitioners for its N1 billion seed capital investment. The Lagos State Ministry of Tourism, Arts and Culture disclosed it has designed a palliative eligibility form, to take in the applications of qualified practitioners for its N1 billion seed capital investment in the Hospitality, Tourism and...

POSTPONEMENT OF 2020 LAGOS INTERNATIONAL TRADE FAIR

This is to inform members that the 2020 Lagos International Trade Fair earlier scheduled to hold from 6th – 15th November, 2020 at Tafawa Balewa Square (TBS), Lagos has been rescheduled to hold at a new date as detailed below: Date      : 4th – 13th December, 2020

HOW TO ACCESS UP TO 10 MILLION NAIRA COLLATERAL-FREE CBN LOAN

The Central Bank of Nigeria is giving collateral-free loans of up to N10,000,000 (Ten million Naira) to small businesses in a scheme called; Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS). The sum of 66.72 Billion Naira has been disbursed under AGSMEIS to 17,624  beneficiaries as of October 30, 2020. Introduction The Scheme supports governments policy measures...

CAC TO IMPLEMENT NEW TECHNOLOGY FOR BUSINESS REGISTRATION, CUSTOMERS TO PRINT CERTIFICATES

CAC is set to implement new technology that will enable customers print their certificates with verifiable QR Codes from anywhere in the world. The Corporate Affairs Commission (CAC) has disclosed its readiness to implement a new technology that will change the face of company registration in Nigeria, in accordance with global best practice. With the new technology, customers can...

ALL YOU NEED TO KNOW ABOUT THE SMEDAN CERTIFICATE OF REGISTRATION

If you are the owner of an SME in Africa, then you must have heard about the SMEDAN certificate of registration. We shared some information about the SMEDAN mass registration for MSMEs in Nigeria. This process aims to get a comprehensive list of all the MSMEs within the country. SMEs that register with SMEDAN are bound to enjoy certain benefits. 

5,000,000 NAIRA LSETF W-INITIATIVE FOR LAGOS WOMEN ENTREPRENEURS

LSETF W-Initiative for Lagos women Entrepreneurs: If you are a female entrepreneur residing in Lagos, here is an opportunity to expand your business.  The Lagos State Employment Trust Fund (LSETF) was established by The Lagos State Employment Trust Fund Law 2016 to provide financial support to residents of Lagos State, for job, wealth creation and to tackle unemployment. The...

ALMOST 100,000 MSMES SHARE N150BN LOAN FROM DBN

Close to 100,000 business owners in the Micro, Small and Medium Scale Enterprises (MSMEs) sector of the economy in Nigeria have received loans worth N150 billion from the Development Bank of Nigeria (DBN). The loan was disbursed to the beneficiaries since the lender commenced operations in 2017, the federal government disclosed, adding that the funds were shared through 27 participating...

STERLING BANK LAUNCHES AGRIBUSINESS FACILITY FOR WOMEN, YOUTHS

Sterling Bank Plc has launched a new product, Sterling Women and Youths in Agriculture Finance code-named SWAY-AgFin, to provide low-cost financing at single-digit rates to young men and women entrepreneurs in the agribusiness value chain across the country. Read more at: https://www.vanguardngr.com/2020/11/sterling-bank-launches-agribusiness-facility-for-women-youths/ Mrs. Bukola Awosanya, Group Head, Agric Finance and Solid Minerals Financing for Sterling Bank, who disclosed this...

ATTEND 2020 NASSI (MSME) FAIR – 22ND NOV. – 1 DEC. 2020

Date: Friday 27th November – Tuesday 1st December, 2020 Venue: Adeyemi Bero Auditorium, Lagos State Secretariat, Alausa, Ikeja, Lagos. Enquiries: 08033023539, 07069015566, 08056352751 Email: nassilagos@yahoo.com                     Admission is free!

ATTEND THE FATE FOUNDATION ENTREPRENEURSHIP ECOSYSTEM MAPPING WORKSHOP

Mapping workshop is targeted at senior level entrepreneurship program managers, policy makers and other key players within Nigeria’s Entrepreneurship Ecosystem and will offer a hands-on practical approach to carrying out a mapping exercise. As a key player playing a critical role within the ecosystem, we believe your presence at the workshop is crucial and will enrich the experience. The...

FREE 250,000 FG/CAC BUSINESS NAMES REGISTRATION FOR MSMES

Business formalisation Support of the MSME Survival Fund As part of Federal Government’s post Covid-19 Pandemic survival intervention to support micro and small businesses to formalise their businesses, the Federal Government has approved the free registration of 6,606 Business Names in each of the 34 states while Abia, Lagos and Kano will have 7,906, 9,084 and 8,406 respectively.

WOMEN IN BUSINESS GROWTH LAB 2020 FOR NIGERIANS FEMALE ENTREPRENEURS

Connect Lab, an African focused Innovation Lab has launched a female entrepreneurship development programme designed to reduce the inequalities and barriers affecting women in business by accelerating progress in gender equality through entrepreneurship development, linking and learning and access to finance. The Women in Business Growth Lab is a 3-month programme for early-stage women-led start-ups in Nigeria, created to stimulate businesses into...

5 WAYS TO RAISE FUNDING FOR YOUR BUSINESS

Here are a number of ways to raise funds for your business. One of the biggest challenges that entrepreneurs face is finding the necessary funds to grow their businesses. Startups have to deal with various costs, while ongoing businesses have to finance growth and working capital. As money does not grow on trees, there are a number of...

9 BRILLIANT IDEAS TO PAY OFF DEBT FAST IN 2021

While debt repayment can be excruciating, this article will give you nine (9) brilliant ideas you can use to pay them off. The coronavirus pandemic has left the world’s economy in shambles. Banks, private and government-owned, have recorded an increase in loan requests. Loads of employees have become unemployed. Entrepreneurs who took loans to support their businesses were...

CBN LISTS BUSINESS ACTIVITIES ELIGIBLE FOR N75BN YOUTH INVESTMENT FUND

The Central Bank of Nigeria (CBN) has revealed main business activities and sectors in the Nigerian economy that are eligible to access its N75 billion Youth Investment Fund. They are: technology/innovation; agriculture and related value chain; green economy and renewable energy sector; manufacturing, hospitality/tourism; construction and logistics and supply chain. Others are healthcare value chain, creative sector and trading and services...

THE 23 MOST PROFITABLE BUSINESSES IN 2021

Some people venture into entrepreneurship knowing what industry they want to conquer and what type of business they want to start. However, for many new entrepreneurs, it can be difficult to figure out how to start a business and exactly what kind of business is the best choice. It’s tough to find that perfect idea. We’ve compiled a list...

FASTEST EMERGING ONLINE BUSINESSES IN NIGERIA

The global pandemic has led to many new online businesses in Nigeria emerging and making old ones going stronger than ever.  With an outbreak that requires less physical contact with people, many brands have pivoted to new ways of doing business, either by offering a new service or product closely related to their brand to fully running their operations online.

19 BUSINESS OPPORTUNITIES TO HELP YOU WIN IN 2021

Creating a home-based business or finding profitable online business ideas can be challenging. There are thousands of possible choices, yet everything seems like it’s been done thousands of times before. So with all these product choices, where do you even begin digging to find the gold?  If you’re looking for a new venture, below...
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QUOTE OF THE WEEK – PUT YOURSELF IN YOUR CUSTOMER’S PLACE

The Golden Rule For Every Business Man Is This: Put Yourself In Your Customer’s Place. Start...

CBN/NIRSAL LOAN 2021 – ACCESS UP TO N1 MILLIONS – N2.5 MILLION FOR HOUSEHOLDS...

The Central Bank of Nigeria (CBN) in conjunction with NIRSAL Microfinance Bank, has reopened the portal for Small and Medium Enterprises and households to access up...

ATTEND THE POPULAR ALTERNATIVE AGRICULTURE EQUIPMENT TRADE SHOW

The UK's Department for International Trade (UK DIT) in partnership with DMA and AgroNigeria invites you to join us at the Alternative Agriculture Equipment...