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MSMEs Get Over N1trn Loan as DBN Targets N1.3trn Capital

The Development Bank of Nigeria (DBN) announces disbursement of over N1 trillion to support micro, small, and medium enterprises (MSMEs).

DBN Disburses Over N1trn to MSMEs

DBN Disburses Over N1trn to MSMEs   The Development Bank of Nigeria Plc (DBN) has announced that it has disbursed over N1tn to Micro, Small and Medium Enterprises (MSMEs) through 79 participating financial institutions across the country. The disclosure was made at a media parley with the...

CBN: Bank deposits Hit N16.89tn In Three Months

CBN: Bank deposits Hit N16.89tn In Three Months The Central Bank of Nigeria data report has revealed that banks' demand deposits rose by N1.1tn in three months to N16.89tn as of the end of March. According to the CBN, the figure rose from 15 trillion naira...

DBN, FC4S, NCIC in Synergy to Finance Green SMEs Projects

DBN, FC4S, NCIC in Synergy to Finance Green SMEs Projects As part of efforts to consolidate the  global initiative on climate change and environmental sustainability, the Development Bank of Nigeria (DBN) Plc, Financial Centre for Sustainability Lagos (FC4S Lagos) and Nigeria Climate Innovation Center (NCIC)...

At World Environment Day, DBN Commits to Environmental Sustainability

At World Environment Day, DBN Commits to Environmental Sustainability The Development Bank of Nigeria (DBN) has reiterated its commitment to sustainability with a pledge to entrench positive environmental practices in its operations and amongst its stakeholders. The bank made this known at an event to...

DBN Gets Tripple “AAA” Long Term Rating from GCR

DBN Gets Tripple “AAA” Long Term Rating from GCR Global Credit Ratings (GCR), one of the leading rating agencies in Africa, has assigned the Development Bank of Nigeria a “AAA” Long Term National Scale rating. GCR stated this on its website. The conferment, which is the...