{
  "id": 16077957,
  "title": "Development bank disburses N1.4tn to MSMEs, supports 1.6 million jobs",
  "url": "https://urgent.news/2026/10/22/development-bank-disburses-n1-4tn-to-msmes-supports-1-6-million-jobs-16077957",
  "topic": "world",
  "section": "World",
  "published": "2026-10-22T17:36:52.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/development-bank-disburses-n1-4tn-to-msmes-supports-1-6-million-jobs/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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/",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}