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BoI Promises To Support Loyal Local Manufacturers

The Bank of Industry (BoI) has pledged that it will continue to support loyal and existing local companies that have continued to invest in Nigeria despite the global economic downturn.  

BoI Assets Increase By 39% To N2.38trn

BoI Assets Increase By 39% To N2.38trn   The Bank of Industry (BoI) said its asset base rose from N1.71tn to N2.38tn in 2022 financial year. The Chairman, Board of Directors (BoI) Mallam Aliyu Dikko, disclosed this during the bank’s 63rd annual general meeting in Abuja. In a...

BoI, French Agency Sign €2.5m Grant Deal

BoI, French Agency Sign €2.5m Grant Deal   The Bank of Industry (BoI) and the French Development Agency have signed a grant agreement for €2.5m delegated by the Green Climate Fund to fight climate change in Nigeria. A statement said though the grant agreement sets up a...

BOI Plans €1bn Facility To Support MSMEs

BOI Plans €1bn Facility To Support MSMEs The Bank of Industry (BOI) has assured its customers in the Micro, Small and Medium Enterprises segment of the economy of more financing to grow their businesses. The Managing Director/Chief Executive Officer of the bank, Mr Olukayode Pitan, gave...

BOI MD: Increase Funding For Agric, Infrastructure Development

BOI MD: Increase Funding For Agric, Infrastructure Development The Chairman of the Association of Nigerian Development Finance Institutions (ANDFIs), Mr Olukayode Pitan, has called for increased funding from all Development Finance Institutions (DFIs) in Nigeria to tackle some of the economic challenges facing the country. Pitan...

BoI’s Assets hit N1.8trn

BoI’s Assets hit N1.8trn       Bank of Industry’s (BoI’s) total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 pandemic on global economies. BoI’s Chairman, Aliyu Dikko, who made this known at its 61st Annual General Meeting , in...