DBN pays N8.5bn dividend, as total credit to MSMEs hit N1.4trn

The Development Bank of Nigeria (DBN) Plc has declared a dividend payout of N8.5 billion, translating to N85 per share for its shareholders. During the 9th Annual General Meeting, the bank reported that its loan financing support to Micro, Small and Medium Enterprises (MSMEs) has reached a total of N1.4 trillion, contributing to the creation of over 1.6 million jobs in the sector. This announcement underscores the bank's commitment to enhancing the economic landscape through financial support to small businesses in Nigeria.

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