Every naira we finance is measured for the change it creates.
Bank of Industry finances Nigeria’s industrial growth. We also measure the impact of that financing on jobs, enterprises, communities, and the climate through a structured results framework aligned with global development finance standards.
The three levels of measurement
Level 1 · Macro — National impact
How our financing contributes to economic growth, industrialization, climate and environmental sustainability and social progress across Nigeria.
Level 2 · Micro — Project outcomes
The direct, measurable results of each financed project — tracked, disaggregated, and verified.
Level 3 · Internal — Our own discipline
How well the Bank itself performs at delivering, monitoring, and reporting on its mandate.
From what we put in, to the change that lasts
Before any project is approved, we map how it is expected to create impact. BOI theory of change connects our resources to long-term outcomes.
Inputs
Capital, technical expertise, and strategic partnerships.
Outputs
Loans disbursed, businesses created, jobs generated, infrastructure and equipment financed.
Outcomes
Wider access to finance, stronger capacity, rising productivity, and improved services.
Impact
Economic growth, industrialization, social progress, and environmental sustainability.
Six areas where our financing is built to move the needle
Every project we appraise is assessed against these focus areas, keeping our financing aligned to Nigeria’s development priorities.
MSME Financing
Backing small and medium enterprises that anchor jobs and livelihoods.
Infrastructure
Financing projects that unlock economic activity and connect markets.
Gender Programming
Expanding access and opportunity for women-led enterprises.
Youth & Skills
Supporting employability, enterprise, and skills development for young Nigerians.
Climate Action & Resilience
Directing capital toward renewable energy, adaptation, and lower-carbon industry.
Digital & Technology
Financing digital transformation and technological capacity of Nigerian industry.
We measure before, during, and after, not just at the end
Impact is assessed across the full life of every project, helping BOI act early when results drift from expectations.
At appraisal
Anticipated impact
During delivery
Ongoing monitoring
After delivery
Independent evaluation
At completion
Completion reporting
Measured the way the world’s development banks measure
Our framework is designed to be consistent with leading international standards for development finance.
International Development Finance Club
Impact measurement principles.
OECD-UNDP Impact Standards
For Financing Sustainable Development.
World Bank
Approach to DFI performance management.
Eight goals at the core of our mandate
Our financing is most directly aligned with these United Nations Sustainable Development Goals.
Accountability is part of the financing, not an afterthought.
Measuring impact is how we hold ourselves to the development mandate Nigeria entrusts to us. It is how we learn what works, improve what doesn’t, and report transparently to stakeholders, partners, and the public.