Tag: SMEs

The Nigerian Liquefied Natural Gas (NLNG) Limited has launched a new economic empowerment initiative in Rivers State, the Vocational, Innovation, ...

Aruwa Capital Raises $35 Million For Second Fund, Aiming for $50 Million Close

Aruwa Capital Management, Nigerian investment firm has raised $35 million in the first close of its second fund, with an ...

Afreximbank Launches $3 Billion Oil Trade Financing Program to Boost Intra-African Energy Security

The African Export-Import Bank (Afreximbank) has announced the launch of a $3 billion revolving intra-African Oil Trade Financing Programme. The program ...

SMEs Struggle to Survive Despite FX Stability as Costs Soar

Despite the naira’s stability and improved foreign exchange interactions in the first quarter of 2025, Nigeria’s micro, small, and medium ...

ALX Nigeria Launches 2025 Ventures Incubator Cohort, Premieres “Do Hard Things” Challenge Finale

ALX Nigeria is once again proving that when African talent meets opportunity, extraordinary things happen. In a celebration of innovation, ...

OmniRetail Raises $20 Million to Expand its FMCG Trade Platform Across West Africa

OmniRetail has secured $20 million in Series A equity funding to fuel its expansion across Nigeria, Ghana, and Ivory Coast, ...

Nigerian Government Launches “PowerHer 774” to Provide 3 Million Women with N5 million Worth of Renewable Energy Credit

The Federal Government of Nigeria, through the Ministry of Women Affairs, in collaboration with the Nigeria Consumer Credit Corporation (CrediCorp) ...

Benue Partners World Bank to fund N500,000 Grants for SMEs

The Benue State Commissioner for Finance, Mr. Michael Oglegba, has revealed that over 4,000 small business owners have received ₦150,000 ...

New $2.5 Billion Steel Project, Digital Economy Reforms Set to Unlock Major Investment Opportunities in Nigeria