In our startup inspirational story today, we’ll share with you the story of Becky Osarume Osagie, a Nigerian lady who returned to Nigeria from Italy to learn the vulcanizing job, and today she makes between N4,000 to N5,000 per day. Vulcanizing job is one of the startups young Nigerians are embracing because of the rate … Read more
In the 1990s, only a few people took dry cleaning as a serious job. It was majorly done by the old people who wanted a means of survival. It wasn’t lucrative because at least eight out of ten people did their laundry at home. That has changed as the world continues to evolve. You can … Read more
A corporate account is a banking account purposely designed to cater for the business needs of companies and businesses. It is used to manage the financial assets of a company or business. Some of its features include receiving payments from customers, managing payroll, keeping track of business expenses, and access to advanced merchant tools. Here … Read more
One of the ways moneylenders know how serious a loanee is is through the presentation of his business roadmap. You must have a direction. You must have a projection. In this guide, I’ll guide you through how to write a recharge card printing business plan if you are soliciting funds. In one of my guides, … Read more
Do you know you don’t have to break the bank to set up a recharge card printing business in Nigeria? This is one of the businesses you can start with less than N105,000 or less (depending on the tools you already have). In this guide, I’ll show you how and why it’s a good time … Read more
What would you do with N49.5million or more right now if your business got that amount in grant? Don’t imagine it, you can actually get $100,000 courtesy of the Google Startups Black Founders Fund. The fund is specifically designed to support blacks who are innovative business owners around the world. Already, the names of 30 … Read more
In October 2019 the Managing Director of Nigeria’s Bank of Industry (BoI), stated that hundreds of Nigerians failed to pay back the loan they get from the bank. “Some of them treat the loans given to them like it’s their own share of the share of the national cake.” If you know the purpose of … Read more
There have been worries over how beneficiaries of the COVID-19 NIRSAL Loan can repay. Some of them say all efforts to repay the loan proved abortive. But to simplify the process, NMFB has activated a repayment schedule link on its portal. To check your loan statement and schedule for repayment: 1) use this link: nmfb.com.ng/repayment-schedule … Read more
Nirsal Microfinance Bank (NMFB) has resumed disbursement of the Covid-19 Targeted Credit Facility (TCF) for 2022, the bank said in a Facebook post, urging applicants to check the status of their application. So, if you applied for the SME loan on the NMFB portal, all you need is to head back to the portal to … Read more
The Bank of Industry (BOI) is a Federal Government-funded industrial financing institution. The bank has a wide range of loans to support industries that contribute to the Gross Domestic Product (GDP), one of such fund is the Cassava Bread Development Fund. More details on what to do to get loans from the Bank of Industry (BOI) … Read more
There are some profitable farming business ideas you might not be paying attention to, early starters in these businesses are already making cool money. As such, in this post, we’ll share some lucrative agricultural farming ideas with you. For all the profitable businesses you found on this post, there must be available funding opportunities you can … Read more
We received an email a few hours ago from one of the subscribers expressing his concern over one of the government loans he applied for. He was unlucky. He was more worried because some of his colleagues he assisted in the loan application were successful. Their NMFB accounts have been credited. They are now one of … Read more
I applied for one of the available COVID-19 loans of the Central Bank of Nigeria sometime in 2020. To my surprise, my Nirsal Microfinance Bank (NMFB) account was credited. I was elated because it would help me to expand my business. But never did I know I would face other rounds of the hurdle. But I … Read more
The Central Bank of Nigeria Private Sector Accelerated Agriculture Development Scheme (P-AADS) Fund is specifically designed to boost agric produce across Nigeria where a maximum of N2,000,000,000 can be accessed by agripreneurs. A full list of CBN loans can be found at https://infomediang.com/cbn-sme-loans-in-nigeria Launching of P-AADS On November 11, 2020, the Godwin Emefiele-led apex bank … Read more
The Nirsal MicroFinance Bank has alerted the general public about a fake NMFB loan application link that is being circulated online. It urged members of the public not to hand over their Bank Verification Number (BVN) to a stranger. You can see the legitimate NMFB loan application link in this guide https://infomediang.com/cbn-covid-19-credit-facility-portal The fake one … Read more