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DBN Surpasses N1tn MSME Financing Milestone, Supports 1.6m Jobs

‎The Development Bank of Nigeria (DBN) has crossed the N1 trillion mark in financing Micro, Small and Medium Enterprises (MSMEs), underscoring its growing role in expanding access to credit and supporting economic inclusion across the country. ‎

CBN Plans DFI Recapitalisation to Bridge MSME Credit Gap

The Central Bank of Nigeria (CBN) has announced plans to recapitalise and restructure development finance institutions (DFIs) to address a widening funding gap for micro, small and medium enterprises (MSMEs).

FG Allocates N11.7bn to Boost MSMEs in 2026

The Federal Government has earmarked ₦11.76 billion in 2026 to support Micro, Small, and Medium Enterprises (MSMEs) and industrial revitalisation, according to allocations in the Appropriations Bill.

BOI Hits Historic ₦636bn Disbursement Milestone in 2025

‎BOI Hits Historic ₦636bn Disbursement Milestone in 2025 ‎ ‎The Bank of Industry (BoI) has recorded its highest-ever annual financing performance, disbursing ₦636 billion to more than 7,000 businesses across Nigeria in 2025, reinforcing its position as the country’s leading development finance institution and a major...

BoI Launches Non-Interest Banking to Support MSMEs

The Bank of Industry (BoI) has received approval from the Central Bank of Nigeria (CBN) to operate a non-interest banking window,

BoI Promises Transparency in N75bn MSMEs Intervention Fund

Bank of Industry (BoI) has reiterated its commitment to improving access to affordable financing for the Micro Small and Medium Enterprises (MSMEs) by the continuous disbursement of the N75 billion intervention fund aimed at empowering MSMEs, creating over 75,000 direct jobs and 150,000 indirect jobs nationwide.