Development Bank of Nigeria to expand SME loans portfolio to N1.8 trillion
The Development Bank of Nigeria (DBN) is scaling up its commitment to Nigeria’s Micro, Small, and Medium Enterprises (MSMEs) sector, ...
Tag: Development Bank of Nigeria
Development Bank shortlists tech innovators for final pitch at DBN Techpreneur Summit 2024
Development Bank of Nigeria (DBN) has held a pre-selection session to shortlist tech innovators who will be participating in the ...
Development Bank disburses N787 billion to 495,000 MSMEs in Nigeria
The Development Bank of Nigeria (DBN) has announced that it has disbursed over N787 billion to more than 495,000 Micro, ...
Senate investigates uneven N500 billion disbursement by Development Bank of Nigeria
The Senate urged the DBN to ensure equitable disbursement of loans in all six geographical zones
Development Bank of Nigeria disbursed over N150 billion in 3 years
52% of loans disbursed by Development Bank of Nigeria in 2019 were to youths and women-owned businesses.
DBN meets SMEs’ financial need with over N70 billion
With unfavourable economic conditions and lack of financial support affecting business growth in Nigeria, the Development Bank of Nigeria (DBN) ...
MSMEs to receive N100 billion support from DBN before the end of 2019
Barring unforeseen circumstances, Micro, Small and Medium Enterprises (MSMEs) in the country are to receive a N100 billion lifeline from ...
DBN to scale loan disbursement by 200% this year
Tony Okpanachi, the Managing Director (MD), Development Bank of Nigeria (DBN), has disclosed that the bank will disburse N70 billion loans to Micro, ...
DBN empowers 35,000 MSMEs in 1 year
DBN has provided credit facilities to MSMEs within the first year of commercing operations.
Diamond Bank, others, to supervise DBN loan disbursement
Nine financial institutions have been selected by the Development Bank of Nigeria, DBN, to handle its intervention fund to entrepreneurs ...
