BOI Hits Historic ₦636bn Disbursement Milestone in 2025
The Bank of Industry (BoI) has recorded its highest-ever annual financing performance, disbursing ₦636 billion to more than 7,000 businesses across Nigeria in 2025, reinforcing its position as the country’s leading development finance institution and a major driver of industrial and enterprise growth.
The record disbursement, which cut across manufacturing, agribusiness, infrastructure, ICT, MSMEs and the creative economy, supported enterprise expansion and contributed to the creation and retention of about 1.6 million jobs nationwide. The bank said the milestone reflects its sustained commitment to strengthening productive sectors, deepening access to affordable financing and delivering measurable development outcomes.
Financial performance indicators showed strong institutional health, with non-performing loans maintained below 1.5 per cent, while the bank also managed and matched funds worth ₦73 billion. Sectoral financing was led by agro-allied investments at ₦202 billion, followed by infrastructure at ₦100 billion, manufacturing at ₦79 billion, extractive industries at ₦77 billion and services at ₦55 billion. In addition, about ₦200 billion in Federal Government intervention funds recorded a performance rate of 95 per cent, further supporting strategic national priorities under the Federal Government of Nigeria.
The institution also mobilised €210 million in international financing support, including €125 million targeted at healthcare and €85 million dedicated to agriculture and food security, strengthening critical sectors linked to economic resilience and social welfare.
Development impact metrics showed broad-based inclusion, with ₦51 billion disbursed through nano credits, ₦32 billion through micro credits, ₦178 billion to SMEs and ₦375 billion to large enterprises. The bank supported more than 7,000 new MSMEs and funded 570 startups, while targeted inclusion programmes channelled ₦150 billion to women-focused businesses and ₦12 billion to youth-owned enterprises. Sustainability efforts also resulted in an estimated reduction of over 20,000 tonnes of carbon emissions.
Beyond direct financing, project execution delivered nationwide socio-economic value. About 957,400 beneficiaries accessed funding under the Presidential Conditional Grant Scheme. In partnership with the World Bank, 100 mini-grids were deployed in rural communities to improve energy access. The bank also supported the upgrade of a major tomato processing facility from 3.1 million tonnes per hour to 10 million tonnes per hour capacity, connected 11,777 new customers to power infrastructure and linked 47,508 smallholder farmers to processing facilities to strengthen agricultural value chains.
In addition, about ₦100 billion was channelled into critical national infrastructure projects covering broadband expansion, power, aviation and transportation, underscoring the bank’s role in supporting long-term productivity and economic competitiveness.
Commenting on the milestone, the institution said the achievement demonstrates its ability to translate strategic planning into measurable development impact. “From strategy to scale, we are financing the future of enterprise,” the bank stated, reiterating its commitment to inclusive growth, sustainable industrialisation and long-term economic transformation.
The 2025 performance further strengthens the bank’s reputation as a catalyst for industrial development, ensuring businesses across the value chain, from startups to large-scale enterprises, have access to financing and institutional support required for sustainable growth.
