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Tony Okpanachi

Tony Okpanachi, Managing Director and Chief Executive of the Bank, who announced the donation, said it is a demonstration of the Bank’s commitment to the fight against COVID-19 pandemic that has infected over 2.6 million people.

DBN donates N100 million to fight against coronavirus

Development Bank of Nigeria Plc, a development finance institution, established by the Federal Government in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria, has announced a donation of N100 Million towards the fight against the deadly coronavirus pandemic; (COVID-19).

Development Bank donates N100 million to fight against coronavirus

Development Bank of Nigeria Plc, DBN, has announced a donation of N100 million towards the fight against the deadly coronavirus pandemic (COVID-19).

DBN, NSE partner to create capacity for MSMEs

The Development Bank of Nigeria (DBN) has announced that it is partnering with the Nigerian Stock Exchange to explore ways in building capacity and bringing Micro Small and Medium Enterprises (MSMEs) to the floor of the Exchange.

Development bank disburses N31 billion to MSMEs

Development Bank of Nigeria (DBN) disbursed N31 billion to Micro Small and Medium Enterprises (MSMEs) in the country in its first full year of operation in 2018.

DBN: We’ve given loans to 35,000 MSMEs

Tony Okpanachi, managing director, Development Bank of Nigeria (DBN), says in its first year of operations, the bank exceeded its projected performance with a total loan disbursement of N31.36 billion to 35,000 micro, small and medium enterprises (MSMEs).

Development bank to provide low interest loans to 10,000 MSMEs

The Development Bank of Nigeria has entered into a partnership with LAPO Microfinance Bank to support 10,000 businesses in the Micro, Small and Medium Enterprises sector with low-interest loans.

EIB, AfDB to finance Development Bank of Nigeria with $70 million

The European Investment Bank (EIB) and the African Development Bank (AfDB) have agreed to support the new Development Bank of Nigeria (DBN) with $70 million.

DMO injects N400 billion to economy – Patience Oniha

Mrs Patience Oniha, Director-General, Debt Management Office, said in Lagos on Friday that the Federal Government had released about N400bn government securities into the economy to service its debt and improve liquidity.

Development bank signs MOU with NIRSAL on agric value chain financing

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and the Development Bank of Nigeria (DBN) have entered into a partnership that will see more funds channeled into the agricultural value chain (AVC) in the country.

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