A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
By Timi Olubiyi IN today’s turbulent business environment, predominantly with the economic recession, inflation and the disruptive novel coronavirus, COVID-19, pandemic, strategy becomes the main source of competitive advantage for businesses and organisations. However, for a strategy to be meaningful, a business must have a reliable, working and organisational structure. The fundamental problem that occurs
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BY Victoria Ojeme The Federal Government has said that it has disbursed N27 billion to Micro Small and Medium Enterprises (MSMEs) as part of the MSMEs Survival Fund Scheme. Minister of State, Industry, Trade and Investment, Amb. Mariam Katagum. Made this disclosure yesterday while giving the update on the MSMEs. Katagum who is also the
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Alhaji Lai Mohammed says his only regret as a minister is that some Nigerians have failed to appreciate that the administration of President Muhammadu Buhari is doing so much with little resources. Mohammed, the Minister of Information and Culture, stated this at a Special Forum of the News Agency of Nigeria (NAN) in Abuja. He
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BY Victoria Ojeme The Director-General, SMEDAN, Dikko Radda Small and Medium Enterprise Development Agency of Nigeria has said that discussions are on with the Central Bank of Nigeria to establish a Microfinance Bank for the Micro, Small and Medium Enterprises. The Director-General, SMEDAN, Dikko Radda confirmed the development during a media briefing on Thursday in
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The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, says the Federal Government has embarked on the development of a draft national policy on Micro, Small and Medium Enterprises (MSMEs). Adebayo, in a statement by his Special Adviser (Media) Ifedayo Sayo, on Thursday in Abuja, said the policy was among steps taken by the
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By Providence Adeyinka A firm, Excite Enterprise, a digital business development and enterprise solutions provider, intends to debut in the Nigerian market with various simplified innovations, designed to lead Micro, Small, and Medium Enterprises, MSMEs, on the pathway to success and sustainability. Excite Enterprise delivers digital solutions geared towards the automation, promotion, and day-to-day management
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The Federal Government says it will effect a change in Micro, Small and Medium Enterprises (MSMEs) Survival Fund and Guaranteed off-take Stimulus Scheme site from Nov.1 due to operational challenges. Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment and Chairperson of the Steering Committee of National MSMEs Survival Fund and Guaranteed off-take
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The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention grant for Micro, Small and Medium Enterprises (MSMEs), and cautions unsuspecting applicants against fraudsters. Mrs Mariam Katagum, the Minister of State for Industry, Trade and Investment, stated this at a news conference on the implementation process of the Survival Fund in
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The newly signed Companies and Allied Matters Act (CAMA) 2020, if well implemented will enhance borrowings to the Micro, Small and Medium Enterprises (MSMEs) by financial institutions. Some stakeholders in the financial industry gave the submission at the 10th webinar series by DCSL Corporate Services Limited in Lagos. The News Agency of Nigeria (NAN) reports
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Survival fund including payroll support for three months guaranteed off-take scheme and many others As part of efforts to support small businesses in Nigeria to survive the effects of the COVID-19 pandemic, the Federal Government as planned in the Economic Sustainability Plan is now set to implement a number of schemes to keep MSMEs afloat,
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