The Bank of Industry (BOI) has secured a $200m sovereign-guaranteed facility from the African Development Bank (AfDB) to expand long-term financing for Nigerian enterprises in strategic sectors.
Sugar Production: NSDC, BOI Establish N10bn Fund to Support Greenfield Project Development
The National Sugar Development Council (NSDC) and the Bank of Industry (BOI) have established the Sugar Project Acceleration Fund (SPAF) as part of efforts to support the emergence and advancement of greenfield projects...
Reps to Summon CBN, Others Over Automotive Finance Scheme
The House of Representatives Committee on Industry has pledged to work towards improving access to affordable vehicle financing for Nigerians as part of efforts to strengthen the country’s automotive sector.
To this end, the committee has pledged...
United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.