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...

AfDB, EIB Plan $70m Investment in DBN The European Investment Bank (EIB) and the African Development Bank(AfDB) have agreed to support the creation of the new Development Bank of Nigeria(DBN) to strengthen lending for business and agriculture investment in the country. The European Investment Bank...

When the Federal Government gave its nod for the establishment of the Development Bank of Nigeria (DBN), the reasons were legion, but most important of all was the tight conditions attached to getting credit facilities by the existing development Finance institutions, including the apex...

The Federal Executive Council (FEC) has approved credit facilities of $1.3 billion to support the Development Bank of Nigeria (DBN). The Minister of Finance, Kemi Adeosun made this known at the end of the FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa,...