CBN, DBN Urge MfBs To Improve Sustainable Banking     The Development Bank of Nigeria and the Central Bank of Nigeria have urged microfinance banks and other participating financial institutions to improve their sustainability efforts and become more responsive to their social and ecological environment. The banks said...

DBN Lends To All Sectors - MD The Managing Director, Development Bank of Nigeria, Tony Okpanachi, has said that the bank was established to provide funds for different legitimate businesses in all the sectors of the economy. According to a statement made available to our correspondent...

DBN To Share N100bn To MSMEs   Development Bank of Nigeria (DBN) has revealed that it planned to disburse the sum of N100bn to the Micro Small and Medium Enterprises (MSME) segment this year. It also added that it disbursed over N30 billion to over 35,000 end-borrowers...

DBN Targets MSMEs With N70bn Loans In 2019   The Development Bank of Nigeria says it has set a target to disburse loans worth N70bn to Micro, Small and Medium Enterprises in 2019. The Managing Director, DBN, Mr Tony Okpanachi, said on Thursday that the bank, in...

DBN To Provide Credit Guarantees, Targets N60bn Loans   The Development Bank of Nigeria Plc plans to set up a subsidiary that will provide partial credit guarantees to lenders, while targeting as much as N60bn ($166m) of loans this year. The Chief Executive Officer, DBN, Tony Okpanachi,...

Loans: Development Bank Provides N5bn To 20,000 SMEs The Development Bank of Nigeria (DBN) is gearing up to provide N5 billion to 20,000 Small and Medium Enterprises (SMEs) in its first full year of operation on a sustainable basis, its Managing Director, Tony Okpanachi, has...