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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Development Bank Of Nigeria Completes First Recruitment, Set To Take Off (19346 Views)
Development Bank Of Nigeria Management Trainee Program / African Development Bank (AFDB) Job Recruitment 2017 (15 Positions) / African Development Bank Internship Programme 2017 (2) (3) (4)
Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Lautechgossip(m): 9:04pm On Jan 12, 2017 |
The Federal Ministry of Finance has confirmed the completion of the recruitment exercise for the Executive Management team of the Development Bank of Nigeria (DBN), and has formally applied for the issuance of its operational license from the Central Bank of Nigeria (CBN), which is expected imminently. The DBN, was conceived in 2014 however, its take-off had been fraught with delays. The President Muhammadu Buhari led administration inherited the project with a determination to resolve all outstanding issues and set a target of 2017 for its take-off. The DBN will have access to US$1.3bn (N396.5 billion) which has been jointly provided by the World Bank (WB), KfW (German Development Bank), the African Development Bank (AfDB) and the Agence Française de Development (French Development Agency). The Bank is also finalising agreements with the European Investment Bank (EIB). To provide clarification, the operations of the DBN will not in any way, result in the elimination of the Bank of Industry (BOI), Bank of Agriculture (BOA) or any other existing development bank. The operations of the DBN is clearly distinct from other development banks as it is focused on supporting small businesses defined by size and not by sectors. The DBN, will provide loans to all sectors of the economy including, manufacturing, services and other industries not currently served by existing development banks thereby filling an important gap in the provision of finance to Micro, Small and Medium Enterprises (MSMEs). As a wholesale bank, the DBN will lend wholesale to Microfinance Banks which will on-lend medium to long-term loans to MSMEs. The MSMEs contribute about 48.47 percent to the Gross Domestic Products (GDP) of Nigeria but have access to only about 5 percent of lending from Deposit Money Banks (DMBs). The influx of additional capital from the DBN will lower borrowing rates and the longer tenure of the loans, will provide the required flexibility in the management of cash flows, giving businesses the opportunity to make capital improvements, and acquire equipment or supplies. As the economy diversifies, the growth of the MSME sector will have a positive impact on the economy through employment generation, wealth creation and economic growth Signed SALISU NA’INNA DAMBATTA Director (Information). http://www.kikiotolu.com/2017/01/development-bank-of-nigeria-completes.html Lalasticlala Mynd44 seun Dominique 1 Like |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Authoreety: 9:11pm On Jan 12, 2017 |
Bankers in d house; E don shelle 1 Like |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Nobody: 9:21pm On Jan 12, 2017 |
Bubu is really creating the needed environment for job creation 5 Likes 2 Shares |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Sambest2(m): 9:21pm On Jan 12, 2017 |
When will they recruit 2 Likes 1 Share |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Adesiji77: 3:53am On Jan 13, 2017 |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by philtex(m): 7:13am On Jan 13, 2017 |
O |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by 9jayes: 7:13am On Jan 13, 2017 |
Adesiji77: |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Nobody: 7:13am On Jan 13, 2017 |
Sambest2: Did you even read it? 3 Likes |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by popefrank2016(m): 7:13am On Jan 13, 2017 |
there are opportunities now in Nigeria. no doubt 2 Likes |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by hobermener: 7:14am On Jan 13, 2017 |
F |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Bigajeff(m): 7:14am On Jan 13, 2017 |
for oga @the top candidate 4 Likes |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by NNVanguard(m): 7:14am On Jan 13, 2017 |
Hope they will live up-to the mandates and rational of their establishment |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Nobody: 7:15am On Jan 13, 2017 |
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Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by echelons(m): 7:15am On Jan 13, 2017 |
So when are they going to do the recruitment for non-executive/management staff? |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by opalu: 7:16am On Jan 13, 2017 |
Good |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Rickyuzzy(f): 7:16am On Jan 13, 2017 |
Truth be told... Am igbo.... But buhari is trying in implementation... Not just policies on paper... The man really means well 13 Likes |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by adioolayi(m): 7:19am On Jan 13, 2017 |
This administration is waking up.. approaching top speed now.. Well done PMB 3 Likes |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by softMarket(m): 7:19am On Jan 13, 2017 |
Rickyuzzy: Translate what u wrote in igbo!! If u use google, I will knw! 9 Likes |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by nmreports: 7:24am On Jan 13, 2017 |
Nice. But FG should at least complete the other ones they have started too. |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by adewumiopeyemi(m): 7:26am On Jan 13, 2017 |
Is not about the bank. Is our money save |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Sambest2(m): 7:27am On Jan 13, 2017 |
Ariel20: Yeah, I did read it. They completed recruitment exercise for Executive management team. Mind you, the "Executive management team" is leadership positions not "Entry Level" positions. Hope you now understand. 8 Likes |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by jtwest(m): 7:27am On Jan 13, 2017 |
thread softly.......let us wait and see the bank give iya sikira Eleja, bode shoemaker, mama Binta Elepo loans first b4 we start rumbling about buhari and the bank. 1 Like |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by ItzHoludex(m): 7:28am On Jan 13, 2017 |
good |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Andrea00(f): 7:35am On Jan 13, 2017 |
Ariel20:And you who read it didn't see where it was stated 'management executive team'? |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Jerrymax01(m): 7:46am On Jan 13, 2017 |
That a good step in the right direction, please they should let us know when the recruitment for the non managerial level will start, Abi nah managers go dey do all?? |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by Benjom(m): 7:47am On Jan 13, 2017 |
Good |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by modsfucker: 7:49am On Jan 13, 2017 |
Danbata no be NCC boss en be? |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by sakalisis(m): 8:05am On Jan 13, 2017 |
Ok |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by calyto: 8:26am On Jan 13, 2017 |
This mindset with hamper your career growth if you are an employee in the private sector. It will be really nice if you work on that. Bigajeff: 1 Like |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by about2wed(m): 8:29am On Jan 13, 2017 |
popefrank2016:there is always opportunity in the country, the problem is who get it. |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by knightsson: 8:31am On Jan 13, 2017 |
calyto: You they mind the f@ol? |
Re: Development Bank Of Nigeria Completes First Recruitment, Set To Take Off by banggy: 9:13am On Jan 13, 2017 |
please when will they recruit we the commoners ![]() hope its not another job on newspaper only ![]() |
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