The Development Bank of Nigeria (DBN) was organised by the Federal Government of Nigeria in partnership with top global financial institutions to minimized financial meltdown
affecting Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria.
Global organization in partnership with DBN World Bank (WB) , African Development Bank (AfDB), KFW Development Bank, French Agency for Development (AFD), European Investment Bank (EIB)
DBN provide fund and risk-sharing facilities to small enterprise by augmenting their capacity and providing them with funding facilities designed to meet the needs of these smaller clients.
DEVELOPMENT BANK WILL PROVIDES
N5BN LOANS TO 20,000 SMEs . See full post
HERE . You too can be one of the few lucky business owner to to qualify for a loan.

REQUIREMENTS FOR DEVELOPMENT BANK OF NIGERIA LOAN .[ ELIGIBILITY CRITERIA]
To be eligible to receive financing from DBN, the PFI shall have met the minimum eligibility requirements set out below on the Cut-Off Date. The PFI shall maintain the minimum eligibility requirements throughout the Financing Period.
DBN or its representative will conduct an annual due diligence process to confirm that the PFI is not in breach of the minimum eligibility requirements and may declare all advances to the PFI immediately payable if the PFI is in breach of one or more of the requirements or fails to remedy the breach of a requirement within any grace period allowed by DBN at DBN’s absolute discretion.
To be eligible to receive financing from DBN, the PFI shall:
- hold a duly issued and valid license from CBN to carry on business as a bank or finance company;
- demonstrate within the three most recent financial years, two years of profitable lending operations, with effective risk management procedures, controls, and acceptable levels of loan portfolio quality and performance; Read full eligibility criteria via pdf HERE
Who qualifies for the DBN loan?
All MSMEs (start up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions.
DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.
DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs) and other Financial Institutions.
DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis.
HOW TO GET A DBN LOAN WITHIN FEW HOURS.
1. Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan.
2. The Bank appraises the business and loan purpose, and if its assessment is favourable, the Bank applies to DBN for funding.
3. If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.


Source: https://www.naijagbagaun.com.ng/2018/11/development-bank-of-nigeria-dbn-how-to.html?m=1

How To Get Business Loan From Development Bank Of Nigeria

The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria.
Its main objective is to alleviate financing constraints faced by MSMEs and Small Corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.

https://invoice.ng/blog/development-bank-of-nigeria-loan/