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Nairaland Forum / Nairaland / General / Business / Development Bank Of Nigeria Granted Operational Licence By CBN (14007 Views)
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Development Bank Of Nigeria Granted Operational Licence By CBN by Amoyinoluwa24: 8:00pm On Mar 29, 2017 |
The Central Bank of Nigeria (CBN) has approved the granting of a Wholesale Development Finance Institution Licence with national authorization, to the Development Bank of Nigeria (DBN) Plc. Source: http://www.cambellsblog.com/2017/03/cbn-grants-operational-licence-to.html 1 Share
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Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Amoyinoluwa24: 8:02pm On Mar 29, 2017 |
Lalasticlala |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by vedaxcool(m): 8:56pm On Mar 29, 2017 |
Nice, hopefully the credit facilities will get to the intended beneficiaries. |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by papparatzzi2013: 9:04pm On Mar 29, 2017 |
Well done Kemi, for seeing this laudable initiative through. Your haters enemies and distractors cannot shy away from your achievement. 1. Implementation of BVN - curbed corruption 2. Implementation of TSA - curbed looting 3. Setting up of Efficiency Unit for Govt -- block loopholes for looting and wastage. 4. Halted and reversed the negative growth in Nigeria economy 5. Navigated Nigeria out of recession. 6. Overseeing the take of Development Bank of Nigeria. What will the lying Pastor Reno Omokirikiri say to all these now? 36 Likes 4 Shares |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by DelGardo: 9:23pm On Mar 29, 2017 |
Progress! We look forward to when real sector entities are granted long term, low interest loans as well as when developmental projects are funded within hours of applying. Then we will celebrate. In the meantime congrats Buhari, Osinbajo, Adeosun and all the people that contributed to this achievement 3 Likes |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Dottore: 9:51pm On Mar 29, 2017 |
Ok |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Nobody: 9:52pm On Mar 29, 2017 |
yaaay! 3 Likes |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by talk2hb1(m): 9:52pm On Mar 29, 2017 |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by momodub: 9:52pm On Mar 29, 2017 |
Ok seen |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by 735i(m): 9:53pm On Mar 29, 2017 |
papparatzzi2013: Your own mumu na hybrid.... Learn to stick to the topic of discussion... 18 Likes 3 Shares |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by successgroup(m): 9:53pm On Mar 29, 2017 |
Good move |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Nobody: 9:53pm On Mar 29, 2017 |
Nice but thanks to Ngozi and Jonathan 2 Likes |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by 735i(m): 9:53pm On Mar 29, 2017 |
Madam...the CBN should be allowed to make the announcement... Face your ministry!! 2 Likes |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by hotspec(m): 9:54pm On Mar 29, 2017 |
papparatzzi2013:1. BVN preceded Kemi 2. TSA preceded Kemi 3. Efficiency Unit is a norm in every Federal Parastata dt dated back to 1999-2000 4.Who put Nigeria in d negative economic growth ? Kemi. Its her responsibility to reverse what she did. 5.Thanks to d Lagos State economic plan dt was copied. 6. Its just a change of name. Bank of industry, agric etc are "Development banks". When will mortgage banks return? Pastor Reno Omokiri will say.... 1 Like
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Re: Development Bank Of Nigeria Granted Operational Licence By CBN by erico2k2(m): 9:55pm On Mar 29, 2017 |
papparatzzi2013:explain number 4 and 5 with facts plz 19 Likes 5 Shares |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by AMOSCO2010(m): 9:55pm On Mar 29, 2017 |
They no go recruit? |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by itiswellandwell: 9:55pm On Mar 29, 2017 |
Nice one. |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by buffalowings: 9:56pm On Mar 29, 2017 |
when the primary banks post loans at such high interest rate build from the ground up goddamit |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by mykelmeezy: 9:56pm On Mar 29, 2017 |
papparatzzi2013: 7 Likes 1 Share
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Re: Development Bank Of Nigeria Granted Operational Licence By CBN by buffalowings: 9:58pm On Mar 29, 2017 |
erico2k2: that one is manufacturing 'facts' from his stinky arsehole. just some hours ago we have this http://t.guardian.ng/saturday-magazine/travel-a-tourism/tourism-development-is-the-fastest-and-cheapest-way-out-of-nigerias-recession/ https://www.thisdaylive.com/index.php/2017/03/29/adeduntan-economic-recession-offers-windows-of-investment-opportunities/?_e_pi_=7%2CPAGE_ID10%2C1187041716 2 Likes |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by mailtotim: 9:58pm On Mar 29, 2017 |
erico2k2:1 sec |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by donnie(m): 9:59pm On Mar 29, 2017 |
papparatzzi2013: If all these brought suffering and pain to Nigerians, they were no acheivements. 7 Likes 1 Share |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Adesiji77: 10:00pm On Mar 29, 2017 |
vedaxcool: Gbam! |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by IamaNigerianGuy(m): 10:01pm On Mar 29, 2017 |
"We expect that 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". Another waste of public funds. I make bold to state that the problem in Nigeria is not lack of capital. Capital is available but is in hiding in Nigeria Capital inadequacy is a symptom of an underlying malady, and yet another bank will not cure the disease. The banks are not lending because their research and experience indicates that the risk of default is high. Why is it high? Because there is no credit rating system... Because the legal system is weak and easily manipulated... Because the cost of production is high due to electricity outages... Because the manufacturing base is weak... Because government policies are inconsistent... Because the workforce is poorly trained... Because the government sponsors foreign goods and services to the detriment of local industry and so on. A new bank will not solve these problems. I wish them good luck as we watch them try 8 Likes 1 Share |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by politicalzaga00: 10:01pm On Mar 29, 2017 |
2 Likes |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Nobody: 10:04pm On Mar 29, 2017 |
would the loan get to businesses that really need them? |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Thatitan234(m): 10:34pm On Mar 29, 2017 |
i hope this works out well 735i: She is directly responsible for the affairs of DBN. The Dev. Bank is under her ministry. Niqqa be learned. 2 Likes |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by SHOPPERS(m): 10:48pm On Mar 29, 2017 |
I really don't get why our leaders ignore the main issues... Expend the capital budgeted fr this bank into ENSURING that the power sector comes alive and we may not even need this bank. |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Splashme: 11:03pm On Mar 29, 2017 |
DBN was conceived since 2013 by Okonjo Iweala and Jonathan and commenced operation since 2014. My elder brother joined the bank in 2014. The Buhari govt came in 2015 to put their activities on hold only to allow them continue operation in June 2016. Seriously, this fraudulent lying Buhari govt has a way of cornering past govt's achievements and presenting them in the media as theirs Buhari and APC are such shameless liars 4 Likes 2 Shares |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by pasol4real(m): 11:16pm On Mar 29, 2017 |
papparatzzi2013: Can u tell any one of these that was conceived by her ? U shud be ashamed to use the Word "implement" It shows how brainless n dumb she is. All this are the brainwork of madam Ngozi. Adeosun has done nothing since she assumed office but take nija to recession . 2 Likes 1 Share |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by sshalom(m): 11:27pm On Mar 29, 2017 |
Development Bank - very good development! 1 Like |
Re: Development Bank Of Nigeria Granted Operational Licence By CBN by Splashme: 11:33pm On Mar 29, 2017 |
Splashme: |
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