Funding & Grants for SMEs

TEF partners UAE to give $5,000 grant to additional 1,000 African SMEs

The Tony Elumelu Foundation signs a USD$6million partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation to provide non-refundable $5,000 seed...

How Nigeria’s ₦54.2 Trillion 2025 Budget Boosts SMEs: Funding, Infrastructure & Growth

Nigeria’s 2025 budget has been increased from ₦49.7 trillion to ₦54.2 trillion as reported by Narametrics, reflecting additional revenue from government agencies. This budget expansion presents...

SMEs: How to get customers for free on Google

Whenever I’m starting a new business, one of the things I quickly do is to setup the new business on Google My Business platform. This is a free marketing platform that puts your business in...

10 Free AI Tools Nigerian Small Business Owners, SMEs Need to Know

Dear Nigerian SMEs and small business owners, do you know AI- Artificial Intelligence is not for the big companies alone. Many free AI tools are available that can enhance your sales, improve your...

Apply for Providus Bank SheThrives Program for Female Entrepreneurs

The Providus Bank in partnership with Enterprise Development Centre-Pan Atlantic University and UN Women has designed a program aim to empower female entrepreneurs by equipping them with the skills...

6 Key financial skills to grow SMEs in Nigeria

As at December 2021, there are at least 39,654,385 micro, small and medium enterprises (MSMEs) running in Nigeria. According to a report, SMEs account for 96% of businesses and 84% of employment...

Apply for the Providus Bank SME Program 5th Cohort

Providus Bank SME Program is a designed for for SMEs and business owners to build capacity and provide them with the skills and competencies for the development of long term strategic plans to...

POS Business: How to make more profit in POS business

As at March 2024, the number of POS (Point of Sales) operators in Nigeria either as a merchant or individual rose to 2.7 Million, according to Inter-Bank Settlement System (NIBSS) a platform operated...