Tag: SMEs

FG to put into record order exempting SMEs, manufacturers from paying withholding tax, Oyedele reveals

FG to put into record order exempting SMEs, manufacturers from paying withholding tax, Oyedele reveals     Chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has said the newly approved withholding tax regulation will be published in the official gazette in the coming days. Withholding[Read More…]

Ogun gives N1bn grant to SMEs

Ogun gives N1bn grant to SMEs The Ogun State Government has announced a N1 billion grant for over 1,000 Small and Medium-scale Enterprises to further mitigate the effects of COVID-19 in the sector. Ogun State Government on Sunday in a statement said that the N1 billion grant was the second[Read More…]

Ecobank, AGF sign $200m deal to fund SMEs

Ecobank, AGF sign $200m deal to fund SMEs   Ecobank, the leading pan-African banking group, and the African Guarantee Fund, a specialised pan-African guarantee provider, have signed a $D200m risk-sharing agreement. The partnership is aimed at catalysing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent.[Read More…]

Microsoft to empower 10m SMEs with digital tools

Microsoft to empower 10m SMEs with digital tools Microsoft Corporation said it will empower ten million small and medium enterprises by 2025. The President of Microsoft Africa, Lillian Barnard, disclosed this during a press conference in Lagos. Barnard said the tech giant will equip SMEs with essential tools, infrastructure, and[Read More…]