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Starting a business

Financial help with microloans

LAPO Microfinance Bank gives various loans:

  • The loans may be very small.
  • The maximum loan amount is 5,000,000 naira.

For example, LAPO offers loans for:

  • women who want to learn a profession
  • groups
  • returnees.

Ask about suitable offers. LAPO Microfinance Bank has branches all over Nigeria. You can find the addresses under the following link: https://www.lapo-nigeria.org/contact

For more information, please call Mr Idoko.

Contact

LAPO Microfinance Bank
Mr. Idoko
LAPO Place
18, Dawson Road
P.M.B. 1729
Benin City

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Help with starting a business

Startup Nigeria offers a 3-month incubation programme.

That means that you get help and support for 3 months if you want to start a business.

The programme offers the following help:

  • financing advice
  • mentoring
  • various training courses.

The curriculum has been developed especially to promote innovative products. Startup Nigeria helps you to put your project idea into practice.

The programme is available to everyone.

You will have to pay a fee for the programme. For more information, please write an email.

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Offices and courses for self-employed people

The LEAD Resources agency advises men and women who work for themselves or want to start a business.

LEAD offers:

  • courses
  • training programmes
  • offices to rent
  • workplaces to rent
  • help in finding financial backers for your project.

It offers these services at 3 locations:

  • the address given here
  • Olusegun Obasanjo Presidential Library
  • the Youth Development Centre in Ogun State.

The courses are open to everyone.

You will have to pay a fee for the courses. The costs depend on the length of the course. The minimum fee is 6,000 naira.

Contact

LEAD Resources Innovation Hub
E6, Red Bricks Avenue
(Behind O & A Hospital, Asero Housing Estate)
Abeokuta
Ogun State

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Training courses and starting a business

The Entrepreneurship Development Centres (EDC) were set up in 2008 by the Central Bank of Nigeria (CBN). There are 6 centres across Nigeria. The centres offer training and help with starting a business.

The courses are for entrepreneurs from different fields. The courses run for up to 12 weeks. You will spend part of the time in school and then do an internship.

The centres also offer:

  • financial support for start-ups
  • advice for start-ups
  • seminars
  • workshops.

You have to be at least 18 years old. Registration costs 10,000 naira.

Please call one of the centres and ask which centre is responsible for you.

Contact

EDC South-West
Old Social Development Training Centre
Along Sango-UI Road
Samonda
Ibadan
Oyo State

Monday to Friday from 09:00 to 18:00

EDC South-South 30,
Trans-Woji Road (Grace plaza, by Slaughter Bridge Woji Town)
Port Harcourt
Rivers State

EDC North-Central

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Need support before or after your return to Nigeria? Here you can receive advice.

Link to the advice centre