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BOI Plans €1bn Facility To Support MSMEs

BOI Plans €1bn Facility To Support MSMEs The Bank of Industry (BOI) has assured its customers in the Micro, Small and Medium Enterprises segment of the economy of more financing to grow their businesses. The Managing Director/Chief Executive Officer of the bank, Mr Olukayode Pitan, gave...

SEC To Boost Commodities Market Development

SEC To Boost Commodities Market Development   The Securities and Exchange Commission (SEC) has expressed its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, said this at the 2022 annual conference of the Finance Correspondents Association...

BoI Disbursed N19.7bn To 3,000 Enterprises In South-West

BoI Disbursed N19.7bn To 3,000 Enterprises In South-West       The Bank of Industry has said it disbursed N19.7bn to over 3,000 enterprises in the South-West in the past three years from its own funds. The Managing Director, BoI, Mr Olukayode Pitan, said this during the official opening...

Senators, BOI Differ Over Loan Beneficiaries

Senators, BOI Differ Over Loan Beneficiaries   Members of the Senate Committee on Industry on Wednesday clashed with officials of the Bank of Industry (BOI) over the beneficiaries of its loans for businesses. The Managing Director of BOI, Olukayode Pitan, appeared before the committee to defend the...

BOI Seeks Financial Bodies’ Support On Economic Growth

BOI Seeks Financial Bodies’ Support On Economic Growth       The Managing Director, Bank of Industry, Mr Olukayode Pitan, has called for support of other development financial bodies under the Association of Nigerian Development Finance Institutions to boost the pace of growth in the country. Pitan who is...

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...