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BoI Records N39.33bn Profit, Disburses N234bn To 10,145 Enterprises

BoI Records N39.33bn Profit, Disburses N234bn To 10,145 Enterprises     With ₦234 billion disbursed to 10,145 enterprises, thus facilitating the creating of an estimated 1 million direct and indirect jobs, the bank of Industry (BoI) has recorded a profit of N39.33 billion for the2019 financial year. Indeed,...

Female Entrepreneurs Gets N26bn Loans From BoI

Female Entrepreneurs Gets N26bn Loans From BoI   As part of its deliberate steps to address issues around gender equality in entrepreneurship, the Bank of Industry said it disbursed N26bn loans to female entrepreneurs in 18 months. This was disclosed by the Managing Director, BoI, Mr Olukayode...

Mining: FG To Seek Funding From NEXIM, BOI

Mining: FG To Seek Funding From NEXIM, BOI The Federal Government says it will soon approach key financial institutions including the Nigeria Export-Import Bank and the Bank of Industry to open new desks to oversee the funding of mining projects in the country. The coordinator of...

BoI Disburses N44.34bn To N-Power, TraderMoni Beneficiaries

BoI Disburses N44.34bn To N-Power, TraderMoni Beneficiaries   The Managing Director/Chief Executive, Bank of Industry (BoI), Mr. Olukayode Pitan has disclosed that a total of N44.34bn was disbursed to beneficiaries of the federal government’s social intervention programmes at the end of 2018. He said through the implementation...

BoI Gives N3bn To Jaiz Bank For MSMEs

BoI Gives N3bn To Jaiz Bank For MSMEs The Bank of Industry on Tuesday provided a N3bn financing facility to Jaiz Bank Plc for the development of the Micro, Small and Medium Enterprises sector of the economy. The fund would be given as loans to small...

BoI, States Give SMEs N20bn In One Year

BoI, States Give SMEs N20bn In One Year ‎The Managing Director of Bank of Industry (BoI), Olukayode Pitan, has disclosed that the partnership between the Bank and some state governments have enhanced lending to small and medium sized enterprises (SMEs) across the country to the...