Are you an entrepreneur and not more than 30-year old? You could have your business in front of millions of potential customers around the world with the First City Monument Bank (FCMB) Flexxpreneur of The Month. While Nigeria’s foremost bank is encouraging undergraduates to embrace entrepreneurship, we put together 30 sources for students to set up … Read more
The management of Fidelity Bank through its SME Radio Forum has announced the launching of four new funding schemes to support Small Scale Enterprise (SME) and Medium and Small Scale Enterprise (MSME) in Nigeria. Making the announcement, the managing director of the bank, Nneka Onyeali-Ikpe, said the loan scheme was part of Fidelity’s mission to help small businesses … 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
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
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
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