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BANK OF INDUSTRY
The Bank of Industry (BoI), on behalf of the Federal Government, has disbursed N2.25 billion to support 16,696 Micro, Small, and Medium Enterprises (MSMEs) in Gombe State, as part of the ongoing implementation of the N200 billion Federal Government Loan Scheme for MSMEs and manufacturing enterprises.
The Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at N10 billion, to support female entrepreneurs across Nigeria, the News Agency of Nigeria reports.
The Bank of Industry (BOI) said it has disbursed N22.89 billion to 29 manufacturers as the manufacturing industry struggles with poor sales and rising cost of production.
The Managing Director of the Bank of Industry (BoI), Mr. Olasupo Olusi, has disclosed that the bank has raised over $5 billion from international capital markets since 2017.
The Bank of Industry (BoI) has distributed N1 billion to support 20,000 small business owners across Ogun State under the Presidential Conditional Grant Scheme.
The Bank of Industry (BOI) has confirmed the disbursement of over N37.8 billion through the Presidential Conditional Grant Scheme, also known as the Trade Grant Scheme.
The Bank of Industry (BOI) has revealed plans to provide loans of up to N1 billion each to 140 manufacturing companies across Nigeria as part of the Federal Government’s N75 billion Manufacturing Sector Fund.
The Bank of Industry (BOI) has donated N3 billion to the Katsina State Government to boost local businesses in the state.
President Bola Tinubu has appointed a new board for the Bank of Industry (BOI), bringing in a blend of seasoned professionals to steer the institution towards its developmental goals.
The Bank of Industry (BOI) has announced a profit before tax (PBT) of N153.81 billion for 2023, marking a 117.69% increase from the previous year's N70.7 billion. This is the highest PBT in the bank’s history.
The federal government has inaugurated a technical committee to kickstart the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) Program.
The Nigeria Sovereign Investment Authority (NSIA) and North South Power (NSP) Company Limited on Tuesday signed a joint venture agreement to establish the Shiroro Generating Company, marking Nigeria's pioneering 20MW on-grid solar-hydro hybrid project.