The Development Bank of Nigeria (DBN) says it has disbursed over N787 billion to no fewer than 495,000 Micro, Small, and Medium Enterprises (MSMEs) since its inception to 2023. It also said that the disbursement was with a focus on…
The Development Bank of Nigeria (DBN) says it has disbursed over N787 billion to no fewer than 495,000 Micro, Small, and Medium Enterprises (MSMEs) since its inception to 2023. It also said that the disbursement was with a focus on…
The Development Bank of Nigeria (DBN) has announced its intention to allocate N150 billion to support Micro Small and Medium Enterprises (MSMEs) throughout the country. In an interview with reporters on Monday in Abuja, Prof. Joseph Nnanna, the Chief Economist…
The Development Bank of Nigeria (DBN) has raised some N23 billion from its debut local bond issuance, allowing the country’s foremost wholesale Development Finance Institution more money to continue to fund the Micro, Small, and Medium-Scale Enterprises (MSMEs). The issuance…
The Development Bank of Nigeria (DBN) is partnering with Jaiz and Taj Banks to provide non-interest medium/long-term loans for Micro, Small, and Medium-Sized Enterprises (MSMEs) in the North. Dr Tony Okpanachi, Managing Director, DBN, said this at a stakeholders’ conference…
The Development Bank of Nigeria has advocated for increased digital innovation, financial inclusion, and sustainable partnerships to accelerate the growth of Micro, Small and Medium Enterprises in Nigeria. It said this when it hosted experts and stakeholders at the second…
The Development Bank of Nigeria (DBN) has donated receptacles to the Federal Capital Territory (FCT), Lagos, Kano and Rivers states, to commemorate the 2023 World Environment Day, celebrated globally on June 5. Dr Tony Okpanachi, Managing Director/Chief Executive Officer, DBN,…
The Development Bank of Nigeria (DBN) has disbursed over N 631 billion in loans to Micro, Small and Medium Enterprises (MSMEs) across the country. The Managing Director of the bank, Dr. Tony Okpanachi, disclosed this in the bank’s 2022 Financial…
The Development Bank of Nigeria (DBN) says only Small and Medium Scale Enterprises (SMCEs) with less than 250 employees and a turnover not above N1.1 billion are qualified to access its loans. Mr Tony Okpanachi, the Managing Director, DBN, said…
By Matthew Denis Abuja The Minister of Finance Budget and National Planning, Dr. Zainab Shamsuna Ahmed has disclosed that the Development Bank of Nigeria (DBN) disbursed a whopping total of N482 billion to 208,000 Micro Small and Medium Enterprises within…
