Business Hilights

Tracking Nigeria's Headline Business News Online

Development Bank of Nigeria

DBN unveils credit strategy, seeks financial input from European Investment Bank (EIB)

Managing Director of Development Bank of Nigeria (DBN), Tony Okpanachi, has opened up on the loan delivery strategy the bank will use to grow Small and medium Enterprises (SMEs) within the first two years. This is the new bank which…

Confusion as DBN set to clash with BoI’s activities, targets 20,000 MSMEs in first year

Just as the Bank of Industry (BoI) since the beginning of this has been growing the consolidation of Small and Medium Enterprises (SMEs) via loans, training and grants, the newly licensed Development Bank of Nigeria (DBN) will finance about 20,000…

Collapse development banks’ into one to end roles duplication—BH FrontPage Comment

The key reasons behind several policy summersaults in Nigeria cannot not be too far from multiplicity of development agencies and duplication of their duties. This issue had been discussed at various chambers of the National Assembly and all the debates…