DBN Disburses ₦100bn To MSMEs In 2019
November 11, 2019
1:07 pm
In its efforts to grow the economy, the Development Bank of Nigeria (DBN) said it has so far disbursed over ₦100 billion to about 95,000 MSMEs cutting across various sectors of the economy. The bank said 70 per cent of these loans went to women-owned/managed businesses, while 51 per cent so far were disbursed to youth owned businesses.It said it remains set to boost disbursements to Micro Small and Medium Enterprises (MSMEs) across the country, with a focus on the identified underserved areas.
Speaking on the development during the first DBN MSME Summit held recently in Maiduguri, Borno State, the …
