Development bank disburses N1.4tn to MSMEs, supports 1.6 million jobs
The Development Bank of Nigeria has disbursed N1.4tn to Micro, Small and Medium Enterprises, supporting the creation of about 1.6 million jobs nationwide. Read More: https://punchng.com/development-bank-disburses-n1-4tn-to-msmes-supports-1-6-million-jobs/
The Development Bank of Nigeria (DBN) disbursed N1.4 trillion to Micro, Small and Medium Enterprises (MSMEs) across Nigeria as of December 2025, supporting the creation of approximately 1.6 million jobs, according to a statement issued after the bank's seventh Annual Lecture. The bank aims to reach over two million MSMEs under a new five-year strategy, with a focus on women-led businesses, young entrepreneurs, and underserved states.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
