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How SMEs can drive economic growth – Muoghalu, Village Vehicles’ boss

How SMEs can drive economic growth – Muoghalu, Village Vehicles’ boss

“There must be an empowered middle class. Not middle class of persons but middle class of enterprises that can drive economic growth.” Ayo Alonge Amobi Muoghalu is the brain behind Village Vehicles International, a far-reaching automobile company with tentacles in real estate, trading and property management. The eloquent businessman and entrepreneur, in this interview, laments […]
The post How SMEs can drive economic growth – Muoghalu, Village Vehicles’ boss appeared first on The Sun Nigeria. …

Local content, local troubles: How big firms kill small businesses

Amosun promises Ogun civil servants improved welfare

MOSES, not his real name, is a supplier to two major fabrication and logistics yards in Lagos (names withheld). He said he supplies varied items, ranging from petroleum products to personnel to these companies. However, Moses, who does not want his real name in print, for fear that the companies might blacklist him in the future, is currently broke, does not have a dime in his account and is surviving from the support of his wife and his in-laws, as well as from the goodwill of his friends.
Continue reading Local content, local troubles: How big firms kill small businesses at Vanguard News Nigeria. …

SMEs listing: ASEA identifies cost of listing, corporate governance as obstacle

THE African Securities Exchanges Association, ASEA’s working group has identified high cost of listing and poor corporate governance as part of the factors hindering Small and Medium Enterprises, SMEs, from listing on African Exchanges.
Continue reading SMEs listing: ASEA identifies cost of listing, corporate governance as obstacle at Vanguard News Nigeria. …

Ministry to collaborate with ICAN on SMEs

Ministry to collaborate with ICAN on SMEs

Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah has welcomed the plans of the Institute of Chartered Accountants of Nigeria (ICAN) to collaborate with the ministry and its agencies on capacity building and support for Small and Medium Enterprises (SMEs).
Continue reading Ministry to collaborate with ICAN on SMEs at Vanguard News Nigeria. …

Why most SMEs cannot access funds – Ubiji, NASME boss

Why most SMEs cannot access funds – Ubiji, NASME boss

NASME is made up of micro, small and medium enterprises and also some governmental agencies as members. Ayo Alonge Eke Ubiji is the Executive Secretary of National Association of Small and Medium Enterprises (NASME) as well as the Chief Operating Officer of NASME Quality Assurance Limited, a subsidiary of NASME. In this interview, Ubiji x-rays […]
The post Why most SMEs cannot access funds – Ubiji, NASME boss appeared first on The Sun Nigeria. …

Why Commonwealth can’t do without Nigeria – Lord Marland, CWEIC boss

Why Commonwealth can’t do without Nigeria – Lord Marland, CWEIC boss

Chinwendu Obienyi Lord Marland is the Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), which was established in July 2014, with the support of the Commonwealth Secretariat to provide investment and enterprise development within the British Commonwealth countries and beyond. In this interview with Daily Sun in Lagos, Marland gave more insight and perspectives […]
The post Why Commonwealth can’t do without Nigeria – Lord Marland, CWEIC boss appeared first on The Sun Nigeria. …

SMEs need nurturing before listing on NSE

PARTICIPANTS at the just concluded 2018 African Securities Exchange Association, ASEA, conference have agreed that Small Scale Enterprises, SMEs need to be nurtured before being listed on the Nigerian Stock Exchange, NSE.
Continue reading SMEs need nurturing before listing on NSE at Vanguard News Nigeria. …

Most SMEs fail due to poor feedback – Kanu, Feedback Hall boss

Most SMEs fail due to poor feedback – Kanu, Feedback Hall boss

“Most of the companies in Nigeria are small and medium and cannot afford to pay consultants. With Feedback Hall, you have consumers’ opinion free of charge.” Ayo Alonge Being passionate about driving feedback mechanisms so as to ensure consumer products are improved on and in turn drive the growth of small and medium scale businesses […]
The post Most SMEs fail due to poor feedback – Kanu, Feedback Hall boss appeared first on The Sun Nigeria. …

How SMEs, export trade can thrive in Nigeria – NACCIMA boss

How SMEs, export trade can thrive in Nigeria – NACCIMA boss

“We are doing a lot of advocacy for SMEs exporters with different stakeholders to ensure a hitch free business environment” Ayo Alonge and Uche Henry As the President Muhammadu Buhari’s administration continues to make frantic efforts towards ensuring that Nigeria’s exporters and small businesses secure good grounds to compete favourably in the global market, business […]
The post How SMEs, export trade can thrive in Nigeria – NACCIMA boss appeared first on The Sun Nigeria. …

SMEs as Key to unlock Nigeria’s economic potentials

Small and Medium-scale Enterprises (SMEs), are now strategic and essential for accelerating economic growth in Nigeria. SMEs constitute about 90 per cent of all the businesses in Nigeria, creating more than 80 per cent of employment in the region.
Continue reading SMEs as Key to unlock Nigeria’s economic potentials at Vanguard News Nigeria. …

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