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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...

BoI Loans: Manufacturers, Others To Receive N171bn In 9months

BoI Loans: Manufacturers, Others To Receive N171bn In 9months   Between January and September this year, a total of N171bn was disbursed by the Bank of Industry as loans to various sectors of the economy. The amount represents an increase of N90bn over the N81bn, which the...

NCDMB, BoI Place Conditions For $200m NCI Fund Application

NCDMB, BoI Place Conditions For $200m NCI Fund Application The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have relaxed some of the conditions for accessing the $200 million Nigerian Content Intervention Fund (NCI Fund) by qualified oil and gas...

In 2017, BoI’s Total Loan Exposure To SMEs Hit Over N112bn

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

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

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...