News

SMEDAN Empowers 80 Women In Agribusiness In Bauchi

Published

3 years ago

December 16, 2022

Editor

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has embarked on a 5-day entrepreneurship development training and empowerment of 80 women in agribusiness in Bauchi state.

The Director General of SMEDAN, Mr Olawale Fasanya, stated this in Bauchi on Friday at the closing ceremony of the training.

According to him, the programme was initiated under ‘Women in Self Employment Programme (WISE-P)’ of the agency with particular focus on women who are into farming and agribusiness (agro value chain) production.

Represented by Mr Mahmood Isa, Zonal Coordinator, SMEDAN, North-East, Fasanya said that a lot of women are into farming and many are willing to take up farming or Agri-business as a means of livelihood and self-employment.

However, they are limited in progress because they do not have the requisite skills and finance required to carry on successfully and even access markets, hence, the introduction of the programme by SMEDAN.

“The programme is designed to provide entrepreneurship training, vocational training, empowerment with common facilities and delivery of business development service to 80 participants per state across six selected states for phase one.

“Today, the first phase of the programme is commencing simultaneously in six states of Osun, Ebonyi, Katsina, Bauchi, Ekiti and Kwara.

“The WISE-P is designed basically to promote self-reliance amongst women and to empower them to achieve improved productivity and sustainability in businesses in terms of crop farming and agro- processing along the value chains.

“It is also to boost production of raw materials for industrial use,development because it is said that when you train a woman, you train a nation and when you empower a woman, you have liberated the nation,” said the DG.

He further explained that all the beneficiaries would be empowered with the necessary support and equipment necessary to ease their means of doing business.

Fasanya also said that one of the objectives of the programme was to facilitate and link women farmers to resources required to enhance their farming businesses so as to make it a sustainable occupation.

He added that the programme was also to expose the women farmers to practical hands-on training on the use of modern farming techniques as well as to build their capacities and inculcate the principles of value addition to farm produce.

Also speaking, Zainab Abdulkadir, one of the participants who spoke on behalf of others, appreciated the federal government and SMEDAN for the kind gesture.

She added that they got exposed to a lot of things they are supposed to be doing hitherto now but we’re being neglected by them.

According to her, they have acquired a lot of knowledge that would help them to improve their businesses and urged SMEDAN to help look into capital challenges faced by many women farmers across the country.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

5 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

7 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.