The Development Bank of Nigeria (DBN) announces disbursement of over N1 trillion to support micro, small, and medium enterprises (MSMEs).

DBN Disburses Over N1trn to MSMEs   The Development Bank of Nigeria Plc (DBN) has announced that it has disbursed over N1tn to Micro, Small and Medium Enterprises (MSMEs) through 79 participating financial institutions across the country. The disclosure was made at a media parley with the...

Shettima Lauds DBN Over N787bn MSME Loans   The Vice President, Kashim Shettima, has lauded the Development Bank of Nigeria for its contributions to the growth of micro, small, and medium enterprises in Nigeria. In a statement made available to our correspondent on Sunday, Shettima commended the...

DBN Raises N23bn To Support MSME   The Development Bank of Nigeria (DBN) has raised N23 billion in the first tranche of its N100 billion bond issuance programme to consolidate its support to micro, small and medium-scale enterprises (MSME). The instrument that will be due in 2028...

In Five Years, DBN Disbursed N334bn To MSMEs   The Managing Director/Chief Executive, Development Bank of Nigeria (DBN), Dr. Tony Okpanachi, has said the bank disbursed N334 billion to 135,000 Micro Small and Medium Enterprises (MSMEs) between 2017 and 2020 which was its last audited financial...

In Eight Years, DBN Disbursed N482bn To MSMEs The Development Bank of Nigeria (DBN) has disbursed N482 billion to Micro Small and Medium Enterprises (MSMEs) through the participating financial institutions. Its Managing Director, Mr. Tony Okpanachi, made this known at the end of the bank’s 2021...