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Punch Newspapers·3 min read·medium

DBN disburses N1.4tn to MSMEs, supports 1.6 million jobs

S
Sami Tunji
DBN disburses N1.4tn to MSMEs, supports 1.6 million jobs
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The Development Bank of Nigeria (DBN) has disbursed N1.4 trillion to MSMEs, supporting 1.6 million jobs as of late 2025. The bank is now launching a five-year strategy to reach two million more businesses, with a focus on women, youth, and underserved regions.

Why it matters

Small and medium enterprises are the backbone of the Nigerian economy, and access to credit is essential for national economic growth and employment.

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Add us to your Preferred Sources DBN disburses N1.4tn to MSMEs, supports 1.6 million jobs Business & Economy October 23, 2026 12:03 am By Sami Tunji Kindly share this story:

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