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 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...

Our Assets Rose To N1.86trn In 2020 - BoI       The Bank of Industry, has disclosed that despite the adverse impacts of the COVID-19 pandemic and the fall of crude oil prices, its 2020 performance showed strength and resilience. According to the bank’s chairman, Mr Aliyu Dikko,...

BoI’s Assets hit N1.8trn       Bank of Industry’s (BoI’s) total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 pandemic on global economies. BoI’s Chairman, Aliyu Dikko, who made this known at its 61st Annual General Meeting , in...

BoI Concludes $1bn Syndicated Term Loan         The Bank of Industry has announced the successful conclusion of a landmark $1bn loan syndication transaction aimed at improving the capacity of the bank to effectively support Micro, Small, Medium and Large enterprises across key sectors. According to a statement...

FG Approves 13 Loan Applications worth N1.08bn for Small Scale Miners The Federal Government on Tuesday announced the approval of thirteen loan applications worth N1.08billion for artisanal and small scale miners in the country. Mines and Steel Development Minister, Architect Olamilekan Adegbite disclosed this at the...