The Bank of Industry (BoI) is planning a fundraiser of N1trillion from within and outside the country to finance industrial component of the Economic Recovery and Growth Plan (ERGP). Giving this hint at the weekend was the Acting Managing Director, Bank of Industry, Waheed Olagunju....

The Bank of Industry (BoI) says its N10 billion Youths Entrepreneurship Support Programme (YES-P) is not a grant but a loan towards promoting youth entrepreneurship. Making this clarification in a statement on Sunday in Lagos, BoI Acting Managing Director, Waheed Olagunju, said “SURE-P was a...

Over 96 percent of loans issued by the Bank of Industry have been performing, the Acting Managing Director of the bank, Waheed Olagunju, has said. Speaking at the House of Representatives panel on the operations of the Development Finance Institutions (DFIs), he said the bank’s...

The Bank of Industry has kicked against the current move by the Senate to scrap it and establish the National Development Bank in its place. The Acting Managing Director, BoI, Mr. Waheed Olagunju, made this known at a public hearing organised by the Senate Committee...

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...