About 105,000 micro, small, and medium-scale enterprises borrow N149.6bn from the Development Bank of Nigeria in 2022.
This was disclosed in the Annual Integrated and Statutory Report 2022 released during the bank’s Annual General Meeting in Abuja.
The report showed that a loan volume of N149.6bn was disbursed in 2022, with the total loan disbursed rising from N482.5bn in 2021 to N632.1bn in 2022.
It was also noted that the outstanding loan increased by 15 per cent…
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