SME Connect is a FirstBank initiative designed for Small and Medium-Sized Enterprises in Nigeria. At FirstBank, we are passionate about helping your business grow on all fronts. Beyond financial support, we offer you strategic advisory services, business seminars periodic updates as well as information that will guide you in growing your business.
Our scope of SME services covers small/medium scale manufacturing firms, merchants (suppliers, distributors etc), professional firms(law, consulting, audit etc), agricultural, Churches, Mosques and NGOs whose annual debit turnover is between N5M and N500M.
Small and Medium-Sized Enterprises (SMEs) as defined by the Central Bank of Nigeria (CBN) are economically independent companies with about 11 to 300 employees and an annual debit turnover of between N5million to N500 million.
SME Connect is a FirstBank initiative designed for Small and Medium-Sized Enterprises in Nigeria.
SMEs can be classified as follows:
SMEs are responsible for the majority of new jobs created in Nigeria and they are crucial to Nigeria’s success in the global economy.
Some of the key challenges faced by SMEs in Nigeria today are
The Business diagnostic survey is designed to help you identify the key gaps in your business. This diagnostic survey will take ~15 minutes. For each question, please read carefully and select the response that is most representative of your business. At the end of the survey, you will get a customized report for your business