Punch Newspapers·3 min read·medium
DBN disburses N1.4tn to MSMEs, supports 1.6m jobs
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Sami Tunji
✦AI Summary
The Development Bank of Nigeria has disbursed N1.4 trillion to MSMEs, supporting 1.6 million jobs as of December 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 businesses are the backbone of the Nigerian economy, accounting for nearly half of the GDP and 80% of employment.
Add us to your Preferred Sources Development bank disburses N1.4tn to MSMEs, supports 1.6 million jobs News October 22, 2026 6:24 pm By Sami Tunji Kindly share this story:
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