Dr. Tony Okpanachi (Middle), flanked by some members of staff of Grand Africa Initiative at the DBN annual Lecture held in Abuja last week.

Development Bank of Nigeria Partners with Grand Africa Initiative to Empower 350 Nigerian Women Entrepreneurs

ByTechTrends

Development Bank of Nigeria (DBN) and the Grand Africa Initiative (GAIN) have announced the launch of the third edition of the GAIN Entrepreneurship Masterclass for Women in Nigeria. This transformative initiative is set to empower 350 women entrepreneurs who would be selected from across Nigeria, providing them with essential skills to foster the growth and expansion of…

Development Bank of Nigeria

Development Bank of Nigeria Secures N23bn to Fund Small-scale Businesses

ByTechTrends

In the first phase of its N100 billion bond issue program aimed at assisting micro, small, and medium-sized enterprises (MSME), the Development Bank of Nigeria generated N23 billion. The 2028 due date instrument has a 14.4% interest rate. The bank said that it would be useful in closing the MSME sector’s significant funding gap, which…