Tags: SMEs

Stanbic IBTC Urges SMEs to Digitise Products and Services

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has urged small and medium size enterprises (SMEs) in Nigeria to digitise their products and services to drive business efficiency. The call was made during the 2022 Enterprise Banking webinar organised by Stanbic IBTC, Themed ‘Your Business, Our Business: Accelerating Business Growth’, the webinar featured…

Stanbic IBTC Tasks Nigerian Investors to Tap into AfCFTA to Boost Intra-Africa Trade

Stanbic IBTC Bank PLC, a subsidiary of Standard Bank Group, has urged Nigerian investors and business owners to harness and maximise the business opportunities that are inherent in the African Continental Free Trade Area (AfCFTA) agreement. This will help boost intra-Africa trade beyond the current level of 17 per cent as well as promote industrialisation…

Tony Elumelu Foundation to Announce 2021 Entrepreneurship Beneficiaries on November 12

  The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, will announce the beneficiaries of the 2021 TEF Entrepreneurship Programme at the official Selection Announcement event holding in Lagos, and streaming live online, on November 12, 2021. The ground-breaking hybrid event will unveil 4,800 African entrepreneurs chosen from all 54 African countries…

Sekibo Urges Govt., Stakeholders to Prioritise SMEs, Youth Entrepreneurship

Bridging the gap to attain sustainable solutions to economic recovery will be the most impactful route to drive lasting and meaningful growth; for this to be achieved, creation of opportunities, conscious inclusion of Small and Medium Enterprises and youth entrepreneurship are crucial. MD/CEO of Heritage Bank Plc, Ifie Sekibo gave this submission on the sidelines…

Stanbic IBTC Partnership with EDC Yielding Results, about 3,000 Entrepreneurs Trained

As part of its commitment to help stimulate and grow a solid and active small and medium scale enterprises sector in Nigeria, Stanbic IBTC established the SME Capacity Building series, which has trained about 3,000 entrepreneurs in the country. To further strengthen the initiative, the Bank, in 2019, entered a partnership with the Enterprise Development…

Stanbic IBTC Bank Identifies Opportunities for SME Growth in Nigeria

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, recently hosted a webinar where it reiterated its zeal and commitment to assisting the Small and Medium Enterprises (SMEs) ecosystem in Nigeria. The webinar themed “Scaling Your Business in Challenging Economic Times”, was well attended by enthusiastic entrepreneurs looking to overcome the economic challenges…

IFAD’s New Investment Programme to Boost Private Funding of Rural Businesses and Small-Scale Farmers

Rural businesses, which are so vital for transforming our food systems, will get a much needed boost from an ambitious new financing programme launched today by the UN’s International Fund for Agricultural Development (IFAD), as part of its broader efforts to address rising hunger and poverty levels in the world’s poorest countries. The Private Sector…

UBA, DEG Sign $50m Term Loan to Support Small Businesses in Nigeria

Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility with a tenor…

JCI Ikeja Sensitisises Entrepreneurs on Business Innovation, Creativity

Junior Chamber International (JCI), Ikeja has recently organised its annual forum which was focused on reaching out and sensitising Micro Small Medium Enterprises (MSMEs) on how to scale up innovation and creativity in the various sectors of the economy. It revealed that in order for entrepreneurs to be successful at sustaining and developing their businesses…