A total of N13.4bn has been disbursed to beneficiaries of the Central Bank of Nigeria’s textile intervention fund, the Bank of Industry has said. Aside from the Federal Government’s N100bn textile revival fund instituted in 2009, the CBN recently put in place additional N50bn intervention...

The Federal Government of Nigeria, through the Bank of Industry Nigeria (BoI), has formally launched a N10 billion Youths Entrepreneurship Support (YES) project to empower youth with loans to start businesses in Nigeria. The Youth Entrepreneurship Support (YES) programme is an ambitious programme by the...

In a bid to boost access to the $600m Nigerian Content Development Fund, the Nigerian Content Development and Monitoring Board and the Bank of Industry have launched a new fund for oil industry operators. The NCDMB described the $100m Nigerian Content Intervention Fund as a...

By creating 2.6 million jobs per annum through numerous interventions, the Bank Of Industry (BOI) is targeting 10 million jobs over the next four years. The bank said that its target was to disburse N212 billion this year, which would lead in creating one...

 The Bank of Industry (BoI) has reiterated its commitment to financing manufacturing sector of the economy with aim of enhancing capacities of local production firms especially those that are into manufacturing of armoured vehicles and other military equipement. Mr.Rasheed Olaoluwa, Managing Director of BoI, said...