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June 2016

November 2015

Bank of Industry (BOI) Graduate Entrepreneurship Fund (GEF) for NYSC Members

Opportunity abound for members of the National Youth Service Corps (NYSC) with entrepreneurial skills as the Bank of Industry (BOI) launch the Graduate Entrepreneurship Fund (GEF). Bank of Industry (BOI) is Nigeria’s oldest, largest and most successful development financing institution. It was reconstructed in 2001 out of the Nigerian Industrial Development [...]

ACCESS BOI CAP FUND FOR AGRICULTURAL PRODUCT PROCESSING

Nigeria is richly endowed with abundant agricultural products available in every state of the federation. However, limited capacity for processing and preservation, results in huge losses and wastages. In a bid to tackle this problem, BOI is establishing a Cottage Agro-Processors (CAP) Fund to support the establishment of cottage [...]

July 2015

BOI DISBURSES N75.8M FOR OFF-GRID SOLAR HOME SYSTEM PROVIDERS

The Bank of Industry (BoI) on Friday disbursed a total of N75.8 million to GVE Projects Ltd, and Arnergy Solar Ltd to provide solar home systems to off-grid communities in six states. Mr Rasheed Olaoluwa, Managing Director, BoI, while presenting the cheques, Olaoluwa said that the energy project which was [...]

June 2015

FITCH RATES BANK OF INDUSTRY AT ‘BB-‘; OUTLOOK NEGATIVE AND ‘AA+ (NGA)

  Fitch Rates Bank of Industry at 'BB-'; Outlook Negative and 'AA+ (nga)  Fitch Ratings-London-25 June 2015: Fitch Ratings has assigned Nigeria-based Bank of Industry Limited (BOI) a Long-term Issuer Default Rating (IDR) of 'BB-' with a Negative Outlook and a Short-term IDR of 'B'. Fitch has also assigned BOI a [...]

Emzor, Nestle, Peugeot among BoI beneficiaries

The Bank of Industry, one of Africa’s most active development banks, has continued to impact the Nigerian manufacturing sector positively through efficient single-digit funding. Companies that have so far benefitted from the bank’s loans include Emzor Pharmaceuticals Limited, Nestle Nigeria plc, Peugeot Automotive Nigeria Limited, Innoson Technical & Industrial Company Limited, Eastern Metals [...]

BOI SME MOBILE APP

Our objective in introducing the SME Mobile App is to provide members of the public, especially entrepreneurs, easy access to information,  on their mobile phones, about the key activities and products of the Bank, as well as, how to avail themselves of our services. The Bank is leveraging [...]

April 2015