BoI Assets Increase By 39% To N2.38trn   The Bank of Industry (BoI) said its asset base rose from N1.71tn to N2.38tn in 2022 financial year. The Chairman, Board of Directors (BoI) Mallam Aliyu Dikko, disclosed this during the bank’s 63rd annual general meeting in Abuja. In a...

BOI MD: Increase Funding For Agric, Infrastructure Development The Chairman of the Association of Nigerian Development Finance Institutions (ANDFIs), Mr Olukayode Pitan, has called for increased funding from all Development Finance Institutions (DFIs) in Nigeria to tackle some of the economic challenges facing the country. Pitan...

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...

BoI To Disburse N250bn To MSMEs At Single Digit Interest   The Managing Director, Bank of Industry, Mr Olukayode Pitan, has said the $750m (N250bn) syndicated loan facility, which it received from the African Export-Import Bank last week, will be disbursed to Micro, Small and Medium...

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...