First Bank of Nigeria says it is deliberately targeting financing for small and mid-sized enterprises as part of efforts to strengthen Nigeria’s economy and foster inclusive growth. At the 31st Nigeria Economic Summit in Abuja, Managing Director Olusegun Alebiosu said the bank was focused on using digital solutions and tailored financial products to drive the…
Gov Babajide Sanwo-Olu of Lagos State has unveiled the Lagos State Access to Finance for SMEs through Cooperatives (LASMECO) to provide access to finance for Small and Medium Scale Enterprises (SMEs) and registered cooperative societies in the state. Sanwo-Olu unveiled the initiative at the Adeyemi Bero Auditorium, Alausa, Ikeja, on Wednesday in partnership with Bank…
The Lagos State Ministry of Commerce, Cooperatives, Trade and Investment is set to sign a Memorandum of Understanding (MoU) with the Bank of Industry (BoI) and Sterling Bank Plc to improve financial access for Small and Medium Enterprises (SMEs). The Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, said this in a statement…
