Agriculture
August 7, 2018
Development Bank of Nigeria Plc (DBN), the first wholesale development finance institution in Nigeria, has partnered with LAPO Microfinance Bank Limited, to provide lending to about 10,000 Micro, Small and Medium Scale Enterprises (MSMEs), to alleviate the financial constraints they face. A statement from DBN said: “This is a milestone achievement and I am particularly happy that we are getting a lot of traction on our lending activities with LAPO. The collaboration is encouraging because they were among the first three microfinance banks we commenced our initial pilot lending with in November 2017.”
Source: Guardian.ng
