3 Key Requirements for Government Enterprise Empowerment Programme As GEEP 2.0 Begins

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To many Nigerians, the Government Enterprise & Empowerment Programme (GEEP) was active before the 2019 general elections, not knowing that a lot of credit facilities are still going on across the country. You just have to connect with the right information. Another batch of the programme, according to the information we received from the National … Read more

AGSMEIS Loan Business Plan: 8 Key Sections You Must Prioritize

strawberry plantation in Jos

One of the biggest credit facilities supported by the Central Bank of Nigeria is Agric-Business Small and Medium Enterprises Investment Scheme (AGSMEIS). It isn’t just designed to make Nigeria self-sufficient in what we consume, but also to reduce the rate of unemployment across the country. As an applicant, you must either have an existing agri-business … Read more

How ‘Liquorose’ Afije Roseline Turned Dancing To A Multi-Million Naira Business Across Africa

Liquorose professional dancer

The story of Liquorose, one of the housemates of the Big Brother Naija Season 6 is one that caught our attention while going through her beginning and how she turned her passion to a multi-million naira business despite the odds. In this biography, we will be looking at how one of the founders of Girls … Read more

How to register your business name in Nigeria without a CAC agent

CAC business registration

It will cost you at least N25,000 (about $18 USD) to register your business name in Nigeria through an accredited agent of the Corporate Affairs Commission, but you may not need the services of an agent if you can follow the guidelines and instructions set by the commission. If you register yourself, you will save at least … Read more

3 Ways To Receive PTA Payments To GTCO Account in Nigeria

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Commercial banks in Nigeria are seriously implementing the order of the Central Bank of Nigeria (CBN) as par the establishment of Forex Teller Points to simplified access to foreign exchange for Personal Travel Allowanace (PTA), Business Travel Allowance (BTA), medicals, and foreign school fees payment. While the Direct Money Banks (DMBs) continue to implement the … Read more

Large Scale Corruption Hits COVID-19 Loan As Applicants Complain of Unathorised Debits From Their NMFB Accounts

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It is not a good time for some applicants of the CBN-backed covid-19 as they continue to receive unauthorised debit alerts from Nirsal Microfinance Bank (NMFB). Please I need help I applied for Nirsal covid-19 loan they credited me and debited me at once leaving 1,946  on the account I don’t understand please reply me … Read more

10 Functions of Corporate Affairs Commission Under CAMA

CAC business registration

With its establishment in 1990 by the Companies and Allied Matters Act during the regime of former military President Ibrahim Badamosi Babangida, the Corporate Affairs Commission (CAC) is now the first point of call for business owners who want to give their enterprise or limited liability company a legal backing. We’ll tell you more about … Read more

33 Nigerian Banks Where You Can Get DBN Loan For Your Business

Loan application process infomedia nigeeria

We’ve said severally how difficult it is for small business owners to access financing, but getting the right information to know the right credit facility for SMEs is also very important. Do you know that even when the loans are available, the eligibility requirements and the interest rates by the commercial banks are not always … Read more

5 Implications of CBN Stoppage of Forex Sales to BDC Operators in Nigeria

US dollar how to pay off business debt

I read in the news on Tuesday, July 27, 2021, that Godwin Emefiele-led Central Bank of Nigeria halted the sales of forex to the Bureau De Change operators in Nigeria. CBN will now be supplying forex to ONLY commercial banks. The new rule takes immediate effect. Should you be worried about the new CBN policy … Read more

Those Who Accepted Our Loan Offers Will Receive Credit Alert – NMFB

Nirsal Micro Finance Bank (NMFB), a CBN-dedicated bank for disbursement of government loans, has assured small business owners and individuals who accepted the loan offer of the government would receive a credit alert. The bank made the assurance on its Facebook page while reacting to the delay in the disbursement of loan applications and assured … Read more