Development Bank of Nigeria to lend N5bn to over 20,000 MSMEs

by | October 30, 2017 5:44 pm



Nigeria’s Development Bank (DBN) is to lend some N5 billion, long term money to over 20,000 Micro, Small and Medium Enterprises (MSMEs) in commencement of its first mandate – lending activities to the MSMEs. The loan would be disbursed through three selected Participating Financial Institutions, including Fortis Microfinance Bank, LAPO Microfinance Bank and NPF Microfinance…

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