CBN, NDIC, Others to Discuss Bank Recapitalisation at Summit The Nigeria Deposit Insurance Corporation (NDIC) the Central Bank of Nigeria (CBN) the Bank of Industry (BoI) the United Bank for Africa, Access Holdings Plc, and other financial institutions will be discussing the impact of the...

BoI Secures €1.42bn Loan from International Finance Market The Bank of Industry (BoI) has received €1.425 billion from the senior phase of its global loan syndication- representing a 42.5 per cent oversubscription from international financial markets. BOI made this known in a statement, saying that this...

BOI Disbursed N496.72bn Loans to 75,809 Beneficiaries in One Year The Chairman of the shareholders committee of the Bank of Industry, Muhammed Bala, revealed that no fewer than 75,809 beneficiaries received credit funding worth N496.72bn from the Bank in 2023. The loans were disbursed to beneficiaries...

Financial Inclusion: BoI Disburses $6.02m to Women-owned Businesses The Bank of Industry (BoI) says in line with its support of gender equality and women financial inclusion, it has disbursed $6.02 million out of its $10 million investment commitment to Alitheia Fund. Managing Director, BoI, Dr. Olasupo...

FG Tasks Bank Of Industry to Disburse N200bn to MSMEs, Others The Bank of Industry (BOI) has been appointed by the Federal Government as the executing agency of a N200 billion fund to support businesses across Nigeria. The Federal Ministry of Industry, Trade, and Investment (FMITI),...

Tinubu Appoints Devt Finance Expert, Dr Olusi, as Bank of Industry CEO President Bola Tinubu has approved the appointment of Dr. Olasupo Olusi to serve as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a term of four (4)...