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Simple steps to Get Business Loan from Development Bank Of Nigeria – In Nigeria, there are over 37 million MSMEs contributing to over 50% of Nigeria’s GDP. However, less than 5% of these businesses have adequate access to credit in the financial system

MSMEs are, collectively, the largest employers in many low-income countries including Nigeria, yet their viability is being threatened by lack of access to risk-management tools such as savings, insurance, and credit. Indeed, their growth is often stifled by restricted access to credit, equity and payments services.

About Development Bank of Nigeria (DBN)[/color]

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.

[color=#006600]Who can get a DBN loan?

All MSMEs (startups or existing) involved in productive enterprises are eligible to get a loan from the Development Bank of Nigeria. DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.

In other to access these loans, it is required that the business must be a customer of any of the eligible Participating Financial Institutions (PFIs) in Nigeria. The PFIs includes major Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs) and other Financial Institutions.

How to get a DBN Loan

== 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.
== The Bank appraises the business and loan purpose, and if its assessment is favourable, the Bank applies to DBN for funding.
== If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.

DBN loans frequently asked questions

Do you want to know more about DBNs loan services? Here are answers to frequently asked questions that might help you.

Can businesses borrow directly from DBN?

No, Development Bank of Nigeria (DBN) does not lend directly to businesses. DBN loan is channeled through PFIs. PFIs carry out the credit evaluation and supervision of the loan.

How many years do I have to pay back the loan?

Depending on the nature of your business and loan purpose, you may have up to 18 months moratorium on principal repayment for working capital & investment projects, and up to 10 years to repay the loan.

What is the interest rate?

DBN loan offers flexible interest rates that are based on tenure and referenced to market rates.

How does DBN loan differ from other commercial loans?

DBN loan is specifically targeted at small businesses to ensure that such businesses have increased access to financing. In addition, DBN loans have a longer tenure than other commercial loans, which are usually short-term.

The Central Bank of Nigeria (CBN) in recognition of its developmental role and in the exercise of its oversight function over the Financial Services Industry, has undertaken to intervene in the postgraduate programmes of three selected universities; Ahmadu Bello University, University of Ibadan and University of Nigeria.

The Central Bank of Nigeria Collaborative Postgraduate Programme (CBN-CPP) is the Bank’s flagship intervention in the education sub-sector which is aimed at producing a critical mass of well-educated postgraduate degree holders in the fields of Accounting, Banking and Finance, Business Administration and Economics for the financial services industry, and the Nigerian economy as a whole. The CBN-CPP is housed at the Central Bank of Nigeria Centres of Excellence located in each of the Universities.

We are recruiting to fill the following positions below:

1.) Graduate Accountant

2.) Entry-level Office Assistant

Narcotics Control Board NACOB Recruitment Application 2020/2021 – Guidelines – The Narcotics Control Board (NACOB) is a Ghanaian agency under the Ministry of Interior. It is the agency concerned with the formulation and enforcement of narcotics laws in the country. The board’s work is aimed at preventing the use, import, and export of narcotics.

I believe you visit this page because you seek information on How to Apply for the Narcotics Control Board Job Recruitment exercise. This page will give you insight on how to apply for NACOB recruitment 2020/2021, application form, requirements, qualification, guidelines, portal and updates for free.

Functions

The agency has three main functions, supervised by the Interior Ministry. The functions consist of the following:

== Treatment, rehabilitation and social re-integration of narcotic addicts.
== Education and prevention of the use of narcotics
== Enforcement and control of narcotic control laws in the country

The board regularly has inspectorates at various entry points of the country, particularly airports and seaports. Regular sweeps are done on marine vessels and on passengers at airports as security checks. During these inspections, if any suspected narcotic product(s) is found, the board confiscates them and runs tests to ascertain the kind of substance it is. The culprits are then arraigned before law courts for their cases to be tried. The narcotic product confiscated is then burned to prevent redistribution of the product. One such burning was done in June 2010 when the board destroyed 167 kilograms of seized cocaine at the Teshie Shooting Range in Accra.

In 2009, NACOB announced a one-year campaign “to raise public awareness of the harmful effects of illicit drugs on the economic, social, political and cultural aspects of the country and its security.” The campaign’s theme was “Do Drugs Control Your Life?”, and it featured movie screenings, TV and radio discussions, and competitions for paintings and essays. The campaign was targeted primarily at high-school juniors and seniors.

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Available Job Positions & Details

The following positions are available at 1. Explore for your position of choice and then apply according to the information provided.

1. Job Title: Director, Senior Coverage Banker

The Banker is a senior-level position responsible for assisting clients in raising funds in the capital markets, as well as in providing strategic advisory services for mergers, acquisitions and other types of financial transactions in coordination with the Institutional Banking team. The Banker also serves as an intermediary in trading for clients. The overall objective of this role is to act as strategic advisor to our clients by formulating investment strategies and raising capital for clients.

Responsibilities:

== Lead in the origination, structuring, and execution of transactions and financings and foster and leverage ongoing global relationships inside and outside of the organization
== Manage credit risk of the client portfolio and allocate capital prudently through partnership with senior credit officers and capital management
== Provide a wide range of treasury and corporate finance solutions including cash management, trade, vendor finance, FX, general credit, loans, debt capital markets, structured finance, share repurchase, and interest rate and equity derivatives for a selected client portfolio
== Provide sophisticated financial solutions tailored to clients’ needs and act as a content provider on industry and market trends
== Meet revenue and other financial goals by leveraging Citi’s full spectrum of Institutional Client Groups (ICG) products and services and ensure solutions meet or exceed internal risk, return and compliance requirements, ethical standards, and anticipated future changes in the marketplace
== Partner with ICG partners to execute episodic transactions and drive client planning by delivering product agnostic solutions, client access, and effective capital allocation
== Recruit and develop diverse talent for the Corporate Bank and serve as a mentor to junior bankers
== Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

== 15+ years of relevant experience
== MBA or Master’s Degree in business preferred
== Demonstrated collaboration with multiple corporate banking stakeholders including coverage teams, risk and products
== Comprehensive knowledge of corporate banking business including related products, pertinent regulations and the lending and credit approval process
== Demonstrated leadership, organizational, negotiation, presentation sales, client-relationship building, analytical and credit skills
== Consistently demonstrate clear and concise written and verbal communication
== Experience in originating, structuring and executing transactions and financings
== Experience with large, global corporate clients, capital markets products, derivatives, credit, cash management, trade, finance and securities products
== Experience in recruiting and managing diverse teams with commitment to talent development and ability to manage and work across a diverse and multi-country matrix structure
== Series 7 and 63 licenses preferred

Education:

== Bachelor’s degree/University degree or equivalent experience
== Master’s degree preferred

To apply for the Citibank Recruitment 2020. Below is what you need to know:

== We publish on this page, the latest Citibank Job updates and each position published includes its a requirement, qualification, application form, and other vital information to help you understand the recruitment process to apply cordially.
== Make sure you confirm the deadline of any advertised position before submitting an application.
== Make sure you meet all minimum Citibank Recruitment requirements and possess any required document before submitting an application.

Sabre Education Job Vacancies 2020 advertisement has been published for the various positions available below. All Eligible and Interested applicants may apply online for the available vacancies before the recruitment application deadline. The 2020 Sabre Education Job Recruitment details like education qualification, requirement, location, stipend & salary scale, selection process, application form & how to apply, closing date, important links and others are available below

Available Job Positions & Details

The following positions are available at Sabre Education. Explore for your position of choice and then apply according to the information provided.

1. Job Title: Senior Finance Officer

Sabre Education is a multi-award winning charity that has forged a reputation as one of the leading early years education organisations in Ghana – a country often cited as a leader for good quality early education practice in Africa. Sabre’s approach is built on a trusted implementing partner relationship with the Government of Ghana, and Sabre is committed to bringing innovations to the existing education system, to ensure all children can access quality kindergarten education.

Sabre Education is a partnership between two independent but linked charities, registered in the UK and in Ghana. Sabre is the 2017-18 winner of the UNESCO-Hamdan bin Rashid Al-Maktoum Prize for Outstanding Practice and Performance in Enhancing the Effectiveness of Teachers and was featured on CNN Inside Africa. Its mission is to contribute to transforming the life chances of children in developing countries through the Brighter Futures programme, which builds sustainable kindergarten schools and trains kindergarten teachers to apply a play based learning methodology.

Job Description

> Department: Operations
> Location: Head office
> Immediate Supervisor: Head of Finance
> Direct Report: Finance Officer

JOB PURPOSE

== This role is responsible for the production of financial information relevant to support program delivery directly and indirectly by preparing donors reports, management accounts, project budget vs actuals for the company.
== The role participates in budget preparation and consolidation, carries out project support visits and carries out supports in carrying out internal control checks during project visits.

KEY RESPONSIBILITIES

== Make entries into the financial accounting system, ensuring that all transactions are correctly allocated by account and project code.
== Ensure that all transactions are entered as they occur and reconciled weekly
== Oversee the petty cash accounts, ensuring that all transactions are appropriately receipted and recorded, with minimal financial exposure in the movement of cash.
== Ensure the timely preparation of statutory accounts.
== Work with project managers to ensure timely reporting of project expenditure, to inform monthly reconciliations against project budgets, and explain any variances to planned expenditure.
== Work with the Head of Finance and the team to prepare annual budgets.
== Raise and prepare timely all payment vouchers
== Assist in budgeting and reporting
== Support the procurement process
== Maintain an efficient filing system
== Any other duties that may be assigned by Supervisor

KEY PERFORMANCE INDICATORS

== Adherence to all financial policies and procedures
== Sound application of financial principles
== Accurate delivery of set targets

Required Skills or Experience

== University degree in Finance/Business Administration or relevant discipline
== Partly qualified Accountant (ICAG or ACCA)
== 5+ years relevant work experience in Finance, in a senior position, preferably with an international NGO
== Experience with DFID, USAID budgeting and reporting systems

BEHAVIOURAL COMPETENCIES

== Efficient & Reliable
== Highly Focused and confident
== Good communication skills

TECHNICAL COMPETENCIES

== Proficiency in relevant computer applications such as MS excel, word
== Excellent understanding of basic finance concepts and practices
== Highly numerate and analytical