DBN disburses N31bn to MSMEs

Posted by - April 11, 2019

Development Bank of Nigeria (DBN) recently disbursed N31 billion to Micro Small and Medium Enterprises (MSMEs) in the country in its first full year of operation in 2018. The Managing Director of the bank, Mr. Tony Okpanachi, revealed this at the on-going Spring Meetings of the International Monetary Fund (IMF) and the World Bank in

UPMFB Disburses N1.1bn Loans to Customers

Posted by - March 13, 2019

The Umuchinemere Pro-credit Micro Finance Bank Enugu (UPMFB) disbursed a total of N1.1billion as loans to its customers Economy in 2018. The credit facilities where to micro small and medium scale enterprises, as well as to farmers and low income workers within its operational area that included 10 of the 17 local government areas in