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DEVELOPMENT BANK OF NIGERIA
As part of their commitment to driving inclusive growth and economic empowerment for women across Nigeria, Development Bank...
The Development Bank of Nigeria (DBN) is scaling up its commitment to Nigeria’s Micro, Small, and Medium Enterprises (MSMEs) sector, with plans to grow its outstanding loan portfolio to over N1.8 trillion as part of its new five-year strategic plan.
Development Bank of Nigeria (DBN) has held a pre-selection session to shortlist tech innovators who will be participating in the final pitch during the Bank’s annual flagship tech event, DBN Techpreneur Summit, holding on July 10, 2024, in Lagos.
The Development Bank of Nigeria (DBN) has announced that it has disbursed over N787 billion to more than 495,000 Micro, Small, and Medium Enterprises (MSMEs) since its inception up to 2023.
The Senate urged the DBN to ensure equitable disbursement of loans in all six geographical zones
52% of loans disbursed by Development Bank of Nigeria in 2019 were to youths and women-owned businesses.
With unfavourable economic conditions and lack of financial support affecting business growth in Nigeria, the Development Bank of Nigeria (DBN) has provided succour to the Small and Medium Enterprises (SMEs) by facilitating the much-needed credit facility they are often denied.
Barring unforeseen circumstances, Micro, Small and Medium Enterprises (MSMEs) in the country are to receive a N100 billion lifeline from the Development Bank of Nigeria (DBN) before the year ends.
Tony Okpanachi, the Managing Director (MD), Development Bank of Nigeria (DBN), has disclosed that the bank will disburse N70 billion...
DBN has provided credit facilities to MSMEs within the first year of commercing operations.
Nine financial institutions have been selected by the Development Bank of Nigeria, DBN, to handle its intervention fund...
The Development Bank of Nigeria, DBN, has announced a $70 million equity injection from the European Investment Bank,...