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,...

Obaseki Provides N2bn For Single-digit Lending To MSMEs   The Edo State Governor, Mr. Godwin Obaseki has said his administration has provided the sum of N2 billion as credit facility at single digit interest rate to micro small and medium enterprises (MSMEs) across the state. He said...

MAN: Cashless Policy Implementation May Hurt MSMEs   The Manufacturers Association of Nigeria has said the implementation of the cashless policy may have negative impact on the Micro, Small and Medium Enterprises. The association gave the position in a statement released in Lagos on Monday by its...

Sterling Bank Launches N50bn Facility For MSMEs Sterling Bank Plc has launched a business support facility for Micro, Small and Medium Enterprises in the country. The Head of MSMEs Proposition, Sterling Bank, Mrs Benedicta Sardoh, described the importance of small and medium enterprises to an economy...

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...

BoI Shares N259bn To MSMEs   Between January and December 2018, a total of N259.6bn was disbursed by the Bank of Industry to support the industrialisation policy of the Federal Government. The amount disbursed in 2018 represents an increase of N147.1bn or 130 per cent when compared...