• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

SMEDAN, Bloc Partner To Offer SMEs With FinTech Knowledge

by Olushola Bello
3 years ago
in Business
SMEDAN
Share on WhatsAppShare on FacebookShare on XTelegram

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has signed a Memorandum of Understanding (MoU) with Bloc, a Banking Service & FinTech infrastructure company, to provide a platform that brings the benefit of financial technology (FinTech) to SMEs in Nigeria.

Advertisement

A statement signed by the head of Corporate Affairs Division of the agency, Ibrahim Mohammed, said: “Bloc, which is a FinTech Infrastructure company with a PSSP licence from the Central Bank of Nigeria, is well positioned to meet the obligations of the partnership.”

According to the statement, SMEDAN in conjunction with Bloc, designed an automated referral platform that allows SMEs rapidly access services that are beneficial to their business model from FinTech companies operating in Nigeria and connected to the Bloc infrastructure.

“Some of the system’s benefits include providing SMEs with direct access to digital financial tools, social commerce platforms, lending services, digital banking services, and industry-specific supply chain solutions,” he said.

Speaking at the signing ceremony in Abuja, the director-general and chief executive officer of SMEDAN, Mr Wale Fasanya, said the agency, in its commitment to fostering the progress of SMEs in Nigeria with multiple interventions, believes that FinTech can help in this mission by diversifying and extending their marketing and sales from purely digital channels to SMEDAN’s confirmed database of diverse SMEs, operating across multiple sectors and geographies in Nigeria.

RELATED

GTCO Declares Pre-tax Profits Of N300.4bn In Q1

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

4 hours ago
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

4 hours ago
ADVERTISEMENT

He said: “we know this partnership with Bloc and the subsequent platforms that are being developed will benefit the SMEs who work with us by improving access to specialized services developed by the innovative fintech sector of Nigeria.

The SMEDAN boss further stated that, “we have over 4,000,000 registered FinTechs, and we are always thinking of ways by which we can improve their existence, our success is measured by how much we can do for them, and we believe we have shown our own level of innovation by developing this platform with Bloc.”

Also, the Business Development officer of Bloc, Mr Kingsley Ikart said, as an infrastructure company that provides services to other FinTechs, the platform designed by both SMEDAN and Bloc, would allow some of these FinTechs to extend their brilliant services to. SMEs who would otherwise not have been aware of what they do.

ADVERTISEMENT

Ikart noted that the partnership between his company and SMEDAN was a win-win because these SMEs can now benefit from such innovations without extending themselves and compromising the time they need to spend tending to their businesses.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: SMEDAN
SendShare10174Tweet6359Share
ADVERTISEMENT
Previous Post

NEMSA Recommits To Reliable Power Supply

Next Post

Insurance Industry Reaps N2.8trn Premium Income In 5 Years

Olushola Bello

Olushola Bello

You May Like

GTCO Declares Pre-tax Profits Of N300.4bn In Q1
Business

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

2025/08/30
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators
Business

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

2025/08/30
Business

Budget Office Explains Delay In Budget Implementation Reports

2025/08/30
T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul
Business

T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul

2025/08/30
Maltina Rolls Out New PET Bottles
Business

Maltina Rolls Out New PET Bottles

2025/08/30
Abia Think Tank Calls For Govt Accountability, Inclusivity
Business

Abia Govt To Revive Moribund Industries In Aba

2025/08/30
Leadership Conference advertisement

LATEST

American Gets Life Imprisonment Over Murder Of Nigerian Boxer

Gov Eno Receives ‘Unity Torch’, Flags Off Akwa Ibom Sports Festival

We’re Winning War Against Cultism, Kidnapping – Okpebholo Declares

Police Arrest 2 Suspected Car Snatchers In Oyo

Gov Fintiri Signs New Seal Into Law In Adamawa

Police Probe Killing Of Soldier In Bauchi

Court Halts Takeover Of Housing Units By NAF

GOC Urges Combat Readiness By Soldiers

2 Killed, 1 Injured In Kwara Robbery

MNJTF Conducts Free Medical Screening In Borno

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.