Category: News

Nigeria Working to Give Small Businesses N10m Collateral-Free Loans–Osinbajo

By Posted on Posted in Financial Advisory, News

Acting President, Yemi Osinbajo, says the Federal Government is working towards providing Micro, Small and Medium Enterprises (MSME) a credit facility of N2 million to N10 million without collateral. Mr Osibanjo made the disclosure on Wednesday at a dinner/ maiden …

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Lagos Reduces Land Use Charge Rates, Waives Penalty for Late Payment

By Posted on Posted in News, Tax

Following extensive deliberations with stakeholders on the new rates payable by property owners under the Lagos State Land Use Charge (LUC) Law, the State Government on Thursday announced a major reduction in the rates and as well waived the penalty for late …

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CBN, BoI, LSETF Say Many SMEs Unqualified to Access Cheap Funds

By Posted on Posted in Financial Advisory, News

The Central Bank of Nigeria (CBN), the Bank of Industry (BoI) and the Lagos State Employment Trust Fund (LSETF) say there are many funds available for the micro, small and medium enterprises (MSMEs), but many business owners are not qualified …

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