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BoI, Other Partners Boost NYSC Entrepreneurship Scheme With N3.6bn

BoI, Other Partners Boost NYSC Entrepreneurship Scheme With N3.6bn   Bank of Industry has disclosed that it has, along other partners, supported the National Youth Service Corps (NYSC) with a whooping N3.6 billion as startup loans since the inception of the NYSC Skills Acquisition and Entrepreneurship...

BoI Disbursed N19.7bn To 3,000 Enterprises In South-West

BoI Disbursed N19.7bn To 3,000 Enterprises In South-West       The Bank of Industry has said it disbursed N19.7bn to over 3,000 enterprises in the South-West in the past three years from its own funds. The Managing Director, BoI, Mr Olukayode Pitan, said this during the official opening...

Senators, BOI Differ Over Loan Beneficiaries

Senators, BOI Differ Over Loan Beneficiaries   Members of the Senate Committee on Industry on Wednesday clashed with officials of the Bank of Industry (BOI) over the beneficiaries of its loans for businesses. The Managing Director of BOI, Olukayode Pitan, appeared before the committee to defend the...

BoI Disburses N969.6bn Loans In Five Years

BoI Disburses N969.6bn Loans In Five Years     The Bank of Industry (BoI) has disbursed loans worth N969.7 billion to borrowers in five years to support various businesses. BoI Deputy Head, Business Development, Mrs Aderonke Akinluyi, disclosed this at a webinar by the Lagos Chamber of Commerce...

BOI’s Response to Industries On Life Support, by Tanimu Ahmed

BOI’s Response to Industries On Life Support, by Tanimu Ahmed   The story of the year 2020 should be all about Covid-19 pandemic and the accompanying job losses, decline in global trade and the shut down of industry across the globe. Many observers will readily claim...

Ekiti Govt Threatens To Sanction N1.6bn CBN/BOI Loan Defaulters

Ekiti Govt Threatens To Sanction N1.6bn CBN/BOI Loan Defaulters         Ekiti State Government has raised concern on the failure of beneficiaries to repay the about N1.6bn loan from the Central Bank of Nigeria and the Bank of Industry’s matching funds facility. The State Commissioner for Trade in...