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Tag Archives: banks

SMEs: Avoid banks, Seek Angel investors for funding – Expert warns

Budding entrepreneurs who attended the first edition of the Nigerian Small Business Summit on the 24th August at the Landmark event centre were warned to stay away from bank loans at the start of their businesses. Mr. Kushal Dutta, Managing Director of Africa’s number one hotel booking portal Jumia Travel Nigeria, gave the warning during a panel discussion on the …

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FG may withdraw licenses of banks, telecom companies for sacking workers

By Victor Ahiuma-Young, reporting from Geneva, Switzerland. GENEVA – The Federal Government, Tuesday expressed shock that employers in the financial sector, especially banks were breaching its directives to stop further retrenchment, threatening to withdraw the operating license of any bank or telecommunication company that breached its directive to stop mass sack of workers. Speaking to Nigerian journalists at the ongoing …

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