In 2017, BoI’s Total Loan Exposure To SMEs Hit Over N112bn     The Bank of Industry’s (BOI) total lending to Small, Medium Scale Enterprises (SMEs) stood at over N112.5 billion in the 2017 financial period, the Chairman of the Bank, Aliyu Dikko has said. Dikko, who gave...

Osinbajo, BoI Disburses N295m To 5,600 Beneficiaries In Kogi   The Bank of Industry (BoI) has put the number of beneficiaries of the Government Enterprise and Empowerment Programme (GEEP) in Kogi State at 5,600. This is even as the Development Finance Institution (DFI) announced that it had...

On N17bn NERFUND Loans, Reps Summons Emefiele, NDIC, BoI CEOs An ad hoc committee of the House of Representatives on Tuesday summoned the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, over the N17bn non-performing loans recorded by the National Economic Reconstruction Fund. Also...

The Managing Director, Bank of Industry, Mr. Olukayode Pitan, says the bank has provided a total of N24billionn to industrialists in Kano State. He gave the figure in Abuja during a meeting with the Kano State Governor, Abdullahi Ganduje. He stated that that the bank through...

The Bank of Industry (BoI) recorded its most impressive performance in 2016 by posting double-digit growths in almost all aspects of its operations with about N66 billion disbursed to hundreds of small, medium and large scale businesses. This was disclosed at the 57th annual general...

To boost the multiplier effect of the scheme, the bank has decided to further encourage such young entrepreneurs by administering their loans at zero per cent interest charge effective 1st May, 2017. For youths under the Bank of Industry’s Graduate Entrepreneurship Fund (GEF) programme, access...