TraderMoni: FG Shares N12bn To Boost Petty Traders   The Executive Director, Micro Enterprises, Bank of Industry (BoI), Mrs. Toyin Adeniji, has disclosed that total sum of N12 billion had been disbursed to traders across the country under the federal government’s TraderMoni initiative. She added that the...

We're Committed To Attracting Cheap Funds For Businesses - BoI   The Bank of Industry (BoI) has reaffirmed its commitment to attracting foreign investments into the country. Indeed, the Development Finance Institution (DFI) pointed out the need to boost the confidence of foreign investors in the Nigerian...

BoI To Drive Import Substitution With Leather Manufacturing Scheme To improve capacity of operators in the leather products manufacturing sector and intensify import substitution, especially those in Aba cluster, the Bank of Industry (BoI), has unveiled the Aba Finished Leather Goods Cluster Financing programme, targeted...

FG, BoI Support Traders With Interest-Free Loans The Federal Government and the Bank of Industry on Tuesday gave out interest-free loans to traders in various markets across Lagos. The loan facility, tagged ‘Market Moni’ and ‘Trader Moni’, would see petty traders receive between N10,000 and N100,000...

BoI To Disburse N250bn To MSMEs At Single Digit Interest   The Managing Director, Bank of Industry, Mr Olukayode Pitan, has said the $750m (N250bn) syndicated loan facility, which it received from the African Export-Import Bank last week, will be disbursed to Micro, Small and Medium...

Corps Members To Receive N2m start-up capital From BoI   The Coordinator of the National Youth Service Corps in Osun State, Mr. Emmanuel Attah, has said the Federal Government has made plans for corps members with good business ideas to get loans of between N200,000 and...