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.
Tag: Development Bank of Nigeria
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 ...
DBN secures $70 million equity investment from AfDB, EIB
The Development Bank of Nigeria, DBN, has announced a $70 million equity injection from the European Investment Bank, EIB, and ...
CBN faults banks lending culture to SMEs
The Central Bank of Nigeria (CBN) has commenced the process of drafting a framework for lending to SMEs in the ...
Corporate News roundup for the week ended November 4, 2017
This Corporate News Compilation for the week ended November, 4th 2017 is brought to you by Bluechip Technology Ltd Nigeria. ...
Development Bank disburses N5 billion loan to SMEs
The Development Bank of Nigeria (DBN) has begun operations with a N5 billion loan to Macro and Small Medium Enterprises ...
