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SMEDAN NEXIM BANK SIGN MOU TO PROMOTE EXPORT

The Small and Medium Enterprises Development Agency of Nigeria SMEDAN has signed a Memorandum of Understanding, MOU with the Nigeria Export and Import Bank NEXIM to enable MSMEs benefit from the African Growth and Opportunity Act (AGOA). The signing ceremony took place on the sidelines of the Exporter Enlightenment Forum for North West Zone held in Katsina State on Monday. The MOU would see SMEDAN providing entrepreneurship trainings and capacity building for exporters while NEXIM would provide the funding. In his address, the Director General of SMEDAN Dr. Dikko Umaru Radda, said the signing of the MOU was a demonstration of the Agency’s desire to promote synergy among agencies of government and expressed hope that the MOU would be beneficial to MSMEs considering the fact that the present...

Nigeria’s internet users hit 111.6m in December — NCC

Internet users in Nigeria increased marginally to more than 111.6 million in December 2018, the Nigerian Communications Commission (NCC) has said. The NCC made this known on Monday in its Monthly Internet Subscribers Data for December posted on its website. The data showed that overall internet users increased to 111,632,516 in December 2018 from the 108,457,051 recorded in November 2018, showing an increase of 3,175,465 new subscribers. According to the data, Airtel, MTN and Globacom gained more internet subscribers during the month under review, while 9mobile was the big loser. The breakdown revealed that MTN gained the more with 2,221,153 new internet users in December 2018, increasing its subscription to 43,899,957 as against 41,678,804 in November 2018. It further showed that Airtel w...