Tinubu Appoints New Leadership for Bank of Industry   President Bola Tinubu has approved the appointment of the following Nigerians to the board of the Bank of Industry Limited: (1) Dr. Mansur Muhtar, OFR, -- Chairman (2) Dr. Olasupo Olusi -- Managing Director/Chief Executive Officer (3) Mrs. Ifeoma Uz'Okpala...

BoI Group Assets Rise to N2.38trn   The Bank of Industry Group (BoI) revealed that its total asset rose by 39.2 per cent to N2.38trn as of the end of 2022 financial period. It said in a statement on Monday that the growth was achieved following the...

State House, Others Summoned Over N5TN Vote The Senate has again summoned the Budget Office of the Federation, State House, and other agencies regarding the disbursement of N5tn service wide votes. The Senate Committee on Public Accounts on Wednesday said it had commenced the investigation of...

FG Says N21trn Required To Bridge 28m Housing Deficit   The amount required to fund the housing sector in Nigeria and bridge the estimated 28 million housing deficit across the country is N21tn, the Federal Government has stated through its Bank of Industry (BOI). In a new...

BOI Declares Over N7.8bn Dividend, Records 75% Profit Rise   The Bank of Industry (BOI) said it recorded N61.15bon as profit before tax for the 2021 financial period. The Chairman of BOI’s Board of Directors, Aliyu Dikko, who announced the results during the bank’s 62nd Annual General...

BOI Grows Profit By 75% To N62bn In 2021   The Bank of Industry (BOI) Group has reported a profit before tax of N62.28 billion for the financial year ended December 31, 2021; 75 per cent higher than the 2020 profit of N35.54 billion. This is contained...