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Happy New Year To All Our Subscribers – 2018!

From the entire staff and members of BQM, we are welcoming you to year 2018 and wish you HAPPY NEW YEAR! As part of our philosophy in BQM, we believe in recognizing effort and performance, we give kudos to those supporting entrepreneurs and SMEs both as individuals and institutions for

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Bank’s Failure in Giving Loans to SMEs Forces CBN to Draft New Framework

The Central Bank of Nigeria (CBN) has disclosed plans to draft a framework on credit to Small and Medium Enterprises (SMEs) aimed at improving credit to the sector. This was disclosed by the Governor, Mr Godwin Emefiele, at a strategy meeting last month with selected Development Finance Institutions (DFI) and other stakeholders, on enhancing access to credit to SMEs in

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Network-technologies

Future Project Partners Microsoft to Train 2,160 SMEs on ICT

As part of efforts geared towards utilisation of Information and Communication Technology (ICT) to boost small and medium scale enterprises (SMEs), The Future Project and Microsoft have commenced one year training for 2,160 young entrepreneurs across

Nigeria Economy

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Central bank reviews stringent criteria for accessing MSMEs funds, cuts rate to 5 per cent

The Central Bank of Nigeria has expressed concern that “not a penny” of the N26 billion Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS) has been disbursed nearly one year after its establishment, even as it expects the fund to hit N60 billion by the end of the year. To the end, it said the framework for accessing the fund as well as the N220 billion Micro Small and Medium Enterprises development fund is being reviewed to allow easy access by small businesses at an even

Nigerian water firm targets four Africa markets for export

Flurex Foods and Beverages Limited, a subsidiary of Flurex Group has unveiled plans to export 45 percent of its product,Ello table water, to four African countries. Speaking at the launch of the product in Lagos, President of the group, Dr. Jerry Ariomovuohoma said, the cross border markets are Togo,Tanzania,Ghana and Kenya.

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