facing micro, small and medium scale enterprises in Nigeria, has launched three new and innovative products, the DBN Finance to Finance Product; the DBN Non-Interest Banking Product; and the DBN Long-Term Product, which are expected to provide the much-needed access to financing window to the MSMEs through its participating financial institutions .
Prior to the outbreak of the COVID-19 pandemic, the funding gap in the MSMEs sector in Nigeria was a whooping N48 trillion, according to Godwin Emefiele, the governor of Central Bank of Nigeria .
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