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
A business plan and a business proposal are the two documents some business owners use interchangeably, but they are not the same. There are distinctions between the two documents. While millions of people out there who are planning of starting a business venture may not distinctively spot the difference between the two documents, an expert … Read more
Do you know that any services specifically made for ladies sell more? Makeup business is one of the feminine-related businesses that thrive in Nigeria and around the world. In this guide, I’ll walk you through the process of setting up a makeup business in Nigeria. I will also outline the necessary equipment you need to … Read more
NIRSAL Micro Finance Bank (NMFB) has disowned members of his staff that are purportedly exploiting applicants of the Agri-Business Small and Medium Enterprise Investment Scheme (AGSMEIS). AGSMEIS is a loan of 5% per year which is provided by the Central Bank of Nigeria (CBN) through NMFB and other commercial banks in Nigeria. It’s granted to support business owners in Nigeria. … Read more
Looking good is a serious business. Wearing good clothing isn’t enough for men, they also need to have a nice haircut. That’s one of the reasons barbing salon is a lucrative business you can set up in your community. In this guide, I’ll work you through how to set up a barbing salon business in … Read more
By simply using a mobile phone app, you can cash out to your local bank account by using the Cash App, which was developed by Square Inc. The direct peer-to-peer payment mobile payment app gives users an optional Visa Debit Card that allows them to use funds from their Cash App account or even withdraw … Read more