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BOI Secures A- Rating From Agusto & Co The Bank of Industry (BoI) has secured a domestic credit of A- rating by Agusto & Co, a leading Nigerian credit rating agency. By the rating , the Bank has been adjudge to be a financial institution with good financial condition and a strong capacity to repay […]
Innoson rolls out Nigerian-made cars Pioneer indigenous car manufacturer, Innoson Vehicle Manufacturing Company Limited, over the weekend, rolled out 500 made-in-Nigeria cars. Speaking at the launch, the Chairman, Innoson Group, Dr. Innocent Chukwuma, whose company is one of the ten inaugural members of the Bank of Industry Hall of Fame, revealed that his intention is […]
BOI SIGNS ON 122 BDSPS, LOOK TO IMPROVE SMES ACCESS TO FUNDING In a bid to address challenge of access to credit for SMEs, and to hasten the credit delivery process, the Bank of Industry (BOI) has signed service agreements, engaging 122 Business Development Service Providers (BDSPs) to increase SMEs’ capacity to apply for and […]
Meet, Interact and Network with Bank of Industry on BOI’s Day at the 2014 Lagos International Trade Fair.
AFRICAN DEVELOPMENT BANK (AfDB) – LINE OF CREDIT (LoC) Sector: Private Sector Financing Agreement reference: African Development Bank – Line of Credit (LoC). The Bank of Industry Limited (BOI) has secured line of credit from the African Development Bank (AfDB) toward the funding of non-oil Small and Medium Enterprises (SMEs) and intend to apply part […]
The Bank of Industry has engaged with the Federal Institute of Industrial Research (FIIRO), Oshodi, in response to the identified need to provide innovative interventions geared towards boosting the economy’s transformation from farming to developing small-scale enterprises, food processing and industrialised agro-industries. According to Mr. Rasheed Olaoluwa, Managing Director/CEO, Bank of Industry Limited, during the […]
The Bank of Industry has extended its MSME Development State Matching Fund initiative to 19 states, after it signed a Memorandum of Understanding with the Kaduna State Government to manage a N1 billion matching fund aimed at promoting industrial and MSME development within the state. Speaking at the event, the Managing Director of the Bank […]
APPOINTMENT OF BUSINESS DEVELOPMENT SERVICES FIRMS: REQUEST FOR PROPOSAL (RFP)
BANK OF INDUSTRY LIMITED DISCLAIMER NOTICE It has come to the notice of the Bank of Industry (BOI) that certain persons and organisations are extorting money from members of the public under false pretences claiming to be the Bank’s agents and selling forged BOI loan application forms. The Bank hereby restates that it […]
The Bank of Industry has restated its commitment to MSME development in Nigeria, as it is finalising plans on a partnership with the Kaduna State Government to provide a N1billion matching fund to support MSMEs in the state. Officials of the Bank led by the Executive Director (Operations), Alhaji Mohammed G. Alkali met with a […]
Executive Director (Operations), Bank of Industry (BOI), Mohammed Alkali, Managing Director/CEO, Bank of Industry (BOI), Rasheed Olaoluwa, receiving the Group Managing Director, Tropical General Investment Limited, Rahul Savara, and General Manager, Business Development, WACOT Ltd, R. Krishnan during a courtesy visit to the Bank of Industry Head Office, Lagos recently
The Bank of Industry has accepted to drive awareness creation for the United Nations Industrial Development Organisation (UNIDO) desire to improve the Nigerian economy’s competitiveness by helping Nigerian manufacturers and exporters achieve international standards. The Bank’s Executive Director for Business Development, Mr. Waheed Olagunju, who represented the Managing Director, Mr. Rasheed Olaoluwa, consented on behalf […]
The Federal Government has renewed the tenure of Executive Director, Operations, Bank of Industry (BoI), Mohammed Goni Alkali, for another four years. Mr. Alkali is a first class honours degree holder in Accountancy from Bayero University, Kano. He also holds a Master of Science degree in Accounting and Finance from London School of Economics in […]
BOI, 10 SME FRIENDLY COMMERCIAL BANKS SEAL PACT ON FINANCING FRAMEWORKS FOR SMEs IN a bid to address financing challenges confronting small and medium enterprises in the country, the Bank of Industry (BoI) has signed a memorandum of understanding with 10 deposit money banks on new frameworks to support the SME sector. The commercial banks […]
TOP 100 BUSINESSES IN NIGERIA. President Goodluck Jonathan hosted a presidential launch to unveil the top 100 companies operating in Nigeria under the Top 100 Business Initiative designed to mark the Nigeria centenary. The President , stated that the Federal Government identified 100 companies contributing to the nation’s economic growth and decided to recognize them. […]
The Bank of Industry has signed a N13.6bn Memorandum of Understanding with the Federal Ministry towards the establishment of ten rice integrated rice mills and six integrated cassava mills across the country. The signing took place in Abuja recently