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February 4, 2021
By James Emejo The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, Thursday said a total sum of N27 billion has so far been released for the implementation of the Survival Fund Scheme. The fund was launched November 2020 alongside the Guaranteed Offtake Scheme (GOS), both targeted at assisting Micro Small and Medium Enterprises (MSMEs) to overcome the challenges posed by the COVID-19 pandemic. The N75 billion project forms the core part of the N2.3 trillion Nigeria Ec...
February 4, 2021
Daily Post Nigeria Published The Federal Government on Thursday, disbursed N27 billion to Micro Small and Medium Enterprises (MSMEs) as part of the MSMEs Survival Fund Scheme. This was disclosed by the Minister of State, Industry, Trade and Investment, Amb. Mariam Katagum, while addressing newsmen on Thursday, in Abuja. The minister revealed that the government would open portal for the last phase, February 9. According to her, the Steering Committee for the Survival Fund would turn in its repo...
February 3, 2021
The East African Wednesday February 03 2021 Mr. Marday Venkatasamy, Chairman, COMESA Business Council, speaks during the CBC-TDB high-level public-private dialogue held in Kigali, Rwanda on January 20, 2021. PHOTO | COURTESY As the private sector struggles to adjust business models to the growing challenges presented by Covid-19, it has become clear that digital transformation is integral to the survival of industries. Affordable digital transactions are needed more than ever and there is a nee...
February 2, 2021
By Emmanuella Anokam Abuja, Jan. 31, 2021 A trade expert, Mr Sand Mba-Kalu, says the approved National Quality Policy will set the stage to make Nigeria non-oil export competitive and increase the monetary value of Nigerian export. Mba-Kalu, Executive Director, Africa International Trade and Commerce Research Ltd (AITCRL), made this known in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. Naija247news recalls that the Federal Executive Council (FEC) on Wednesday approved...
February 2, 2021
As one of the financial institutions committed to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country, Fidelity Bank Plc organised a webinar in Enugu state to tackle the challenges bedevilling entrepreneurs. At the event, the CEO of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, provided insights into the bank’s unique approach to managing MSMEs, stating that the sector contributes about 48 per cent of national Gross Domestic Product (GDP), accounts ...
February 1, 2021
Fidelity restates support for MSMEs as Enugu First Lady, ABCON commend bank On Kindly Share This Story: Fidelity Bank Plc has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building that would significantly improve their overall contributions to national development. Fidelity Chief Executive Officer, CEO, Mrs. Nneka Onyeali-Ikpe gave the assurance at the Fidelity SME National Capacity...
February 1, 2021
Fidelity Bank Plc, top Nigerian lender has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of relevant support that would significantly improve their overall contributions to national development. Fidelity CEO, Mrs. Nneka Onyeali-Ikpe gave the assurance at the Fidelity SME National Capacity Building Webinar organized...
February 1, 2021
MSMEs feel let down Updated: Updated: ‘There has been no support from the government’ Share Article ‘There has been no support from the government’ A cross-section of the representatives of the Micro Small and Medium Enterprises (MSMEs) said the announcements made by Union Finance Minister Nirmala Sitharaman in the Union Budget will not solve any of the problems facing the sector for several years now. Ms. Sitharaman said the government would reduce the customs duty uniformly to 7.5% ...
February 1, 2021
Push for healthcare, infrastructure is welcome: Ajay Piramal × In the context of the current economic environment, the Finance Minister has delivered a path-breaking Budget 2021-22. Of the various announcements made in the Budget, we would like to commend her for the decisive push towards strengthening healthcare and infrastructure. Taking a holistic approach to health, the government has focussed on strengthening three areas - Preventive, Curative, and Wellbeing. The renewed impetus on improv...
January 28, 2021
Mining and manufacturing must be supported for ensuring a sustained turnaround in the economy