Wema Bank partners DBN to fund MSMEs

Wema Bank Plc said it has entered into partnerships with Development Bank of Nigeria (DBN) to improve access to cheaper funds for small businesses in Nigeria, recently. the bank said MSMEs and businesses in all segments can access up to N153 million and N610 million, respectively, from the bank. A statement by Funmilayo Falola of…

AfDB gets $1bn for infrastructure investment

The African Development Bank, along with some partners across the globe, has announced the securing of $1bn to enable investment in infrastructure development across the African continent, including Nigeria.The announcement, which was made in Ottawa, Canada, according to a statement made available to our correspondent by the AfDB, listed the partners in the multi-level securitisation…