Startup

Loan application process infomedia nigeeria

FCMB To Disburse AfDB-backed $50m Credit Facility To Women Entrepreneurs, Agribusiness, Others

By the end of 2021, qualified women entrepreneurs in Nigeria will enjoy $50 million credit facility from the First City Monument Bank (FCMB) courtesy African Development Bank (AfDB). Founded in April 1982, The Nigerian bank is popular for its SheVentures, one of the special loans specifically designed for women entrepreneurs in Nigeria, loans for women can

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Inspiring Story of Osaruguemwen Asemota of JunebyTife Makeup Business

Inspiring Story of How Osaruguemwen Asemota Started Makeup Business At 19

While the rate of unemployment among Nigerian youths is rapidly growing at a very disturbing pace, 19-year-old Osaruguemwen Asemota Precious doesn’t want to join the growing number. One of the entrepreneurial actions she took was to establish a makeup business. The undergraduate Medical Laboratory Science student at the Kwara State University, she set up a

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Requirement of Form M and Form Q For Your Importation Business infomediang

SON Announces Plan To Empower MSMEs

One of the major challenges Micro, Small, And Medium Enterprises (MSMEs) face is a lack of support, majorly financial and technical support. But the Standards Organisation of Nigeria said it’s collaborating with states governments in Nigeria to empower the small business owners in their daily entrepreneurial struggles. SON, Nigeria’s agency responsible for certifying products to

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6 Things Small Business Owners Must Know About Current Account Maintenance Fee In Nigeria

In the 1990s till late 2015, entrepreneurs who operated current accounts for their businesses paid returns on such accounts, it was called Commission on Turnover (CoT). That has changed as the Central Bank of Nigeria (CBN) replaced CoT with Account Maintenance Charges (AMC) or Account Maintenance Fee in its Revised Guide to Bank Charges that

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Starting a Goat Rearing Business With N500K And Growing Your Capital In One Year

Takeaways: Some time ago, a fellow member of a group to which I belong asked a question: ‘What aspect of agriculture can I venture into with N500k?’ Certainly, you’ll find people suggesting poultry, fish farming, or cassava plantation businesses. I’d like to emphasize that goat rearing is a business that can significantly grow your capital

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