DBN Appoints new Executive Director, Non-Executive Director. The Development Bank of Nigeria (DBN), Nigeria’s primary wholesale development finance institution has announced the appointments of Mrs. Ijeoma Ozulumba and Mr. Kyari Abba Kyari as Executive Director and Independent Non-Executive Director respectively on the board of the...

DBN Disburses N150bn To MSMEs In Three Years       The Development Bank of Nigeria (DBN) has disbursed over N150 billion since it commenced operations in 2017, the Federal Government has disclosed. The disbursement was done through 27 participating financial institutions, for onward lending to MSMEs across the...

DBN Empowers 125 Entrepreneurs. ...Holds 2nd Capacity Building Program The Development Bank of Nigeria Plc(DBN) recently held a Capacity Building training workshop for 125 entrepreneurs in Lagos and Abuja, respectively. This is in furtherance of its mandate of building the capacity of the Micro, Small and...

DBN Donates N100m To Fight COVID-19      Development Bank of Nigeria Plc says it has donated N100m to COVID-19 fight. A statement said the bank is a development finance institution, established by the Federal Government in collaboration with global development partners to address the major financing challenges...

DBN Disburses N100bn As Loans To 95,000 MSMEs   Between January and October this year, the sum of N100bn was disbursed by the Development Bank of Nigeria as loans to 95,000 Micro, Small and Medium Enterprises. Out of this amount, N70bn, which is about 70 per cent,...

DBN Boss Becomes CIBN Fellow The Managing Director of the Development Bank of Nigeria, Mr Tony Okpanachi, has become a fellow of the Chartered Institute of Bankers of Nigeria. The investiture was held at the Federal Palace Hotel, Victoria Island, Lagos on Thursday, May 16, 2019. Okpanachi...