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Loans: Development Bank Provides N5bn To 20,000 SMEs

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...

Afreximbank Okays $17bn Loans For Nigeria

Afreximbank Okays $17bn Loans For Nigeria The African Export-Import Bank has said it approved $17bn loans for Nigerian entities between its commencement of operations in 1994 and December last year. The President, Afreximbank, Dr. Benedict Oramah, was quoted in a statement to have said this during...

UPMFB Grants N300m Loans To Farmers

UPMFB Grants N300m Loans To Farmers   The Umuchinemere Pro-credit Micro Finance Bank, Enugu (UPMFB) has disclosed that in the past three years, it has disbursed about N300 million to over 1000 micro, small and medium scale farmers in Enugu State, as credit facilities to encourage...

BoI Gives Loans To 7,000 Entrepreneurs In Cross River

BoI Gives Loans To 7,000 Entrepreneurs In Cross River The Bank of Industry has disbursed micro-credit loans ranging from N50,000 to N100,000 to over 7,000 beneficiaries in Cross River under the Federal Government’s Enterprise and Empowerment Programme . According to a statement from the bank, the...