‎The Development Bank of Nigeria (DBN) has crossed the N1 trillion mark in financing Micro, Small and Medium Enterprises (MSMEs), underscoring its growing role in expanding access to credit and supporting economic inclusion across the country.
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‎More than 132,000 Micro, Small and Medium Enterprises (MSMEs) operating in Borno, Adamawa, Katsina, Yobe and Zamfara States have accessed over N108 billion in financing from the Development Bank of Nigeria (DBN), highlighting the institution’s growing role in supporting businesses in economically disadvantaged regions.
When the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retained the Monetary Policy Rate (MPR) at 26.5 per cent following its 305th meeting, the decision reflected more than caution.
On 29 May 2023, President Bola Ahmed Tinubu declared the removal of fuel subsidy during his inaugural speech, ending what has been described as a long-standing fiscal drain that consumed trillions of naira annually and benefited importers, smugglers, and the elite more than ordinary citizens.
On Friday, 15 May 2026, Nigeria witnessed something unprecedented: coordinated school abductions carried out simultaneously in the Southwest and the Northeast.
