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Articles
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Alert MFB Group Aims to Empower 100,000 MSMEs with Affordable Loans in 2024.
24 avril, par NigGalAlert Microfinance Bank (MFB) Group is planning to support over 100,000 Micro Small and Medium Enterprises (MSMEs) in 2024 with affordable business loans. The move, according to the company, was aimed at addressing the lack of access to credit for businesses which is still a major challenge (...) -
How to Elevate Your Business with a Customer-Centric Approach for Unrivaled Loyalty.
24 avril, par NigGalIn the business world, there’s a game-changing strategy that goes beyond just selling products – it’s about creating an experience that keeps customers coming back. We call it a customer-centric approach, and it’s all about making your customers not just buyers but loyal fans of your brand. (...) -
Nigerian banks’ 20% ‘interest margin’ hampers small businesses
24 avril, par NigGalSome economists have expressed concerns about Nigerian banks’ large net interest margin, alluding to the trend as making access to finance beyond the reach of small businesses. Net interest margin is the difference between the lending rate and the deposit rate. The lending rate is the rate (...) -
FG to award small business owners with houses, cars, cash during the MSME Week
24 avril, par NigGalThe Federal Government of Nigeria has introduced a new initiative for the 2024 MSME Week celebrations to acknowledge and incentivize innovative and resilient entrepreneurs who have demonstrated exceptional success in their ventures. Temitola Adekunle-Johnson, Senior Special Assistant on Job (...) -
Dangote slashes diesel, aviation fuel prices again to N940, N980
24 avril, par NigGalDangote Petroleum Refinery on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940, and N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 applies (...)