Accessible financial services for Nigerian Businesses

BOI Microfinance Bank Nigeria is a subsidiary of Bank of Industry Nigeria. It offers a broad range of financial services to micro, small and medium-sized enterprises and various low income earners both as individuals and as groups.

BOI Microfinance Bank is fully committed to improving entrepreneurs businesses by providing easily accessible loans and good business advices to help improve and sustain long term growth. It also provides various saving deposits for all level of customers. It is a limited liability company duly incorporated in Nigeria under the 2002 Companies and Allied Matters Act, and is regulated by the Central Bank of Nigeria.

Being a subsidiary of The Bank of industry the bank has a very strong financial backing and has been tasked with improving access to financial services in the country


Contributing To Sustainable Development Since 1964

Since our inception, BOI has consistently supported numerous Nigerian businesses across various sectors, including Agro and food processing, oil and gas, solid minerals, healthcare and petrochemicals, creative industries, renewable energy, engineering, and technology.


To transform Nigeria’s industrial and private sector by providing financial and business support services to enterprises of any size.


To be Africa’s leading Development Finance Institution operating with global best practices.


Providing financial assistance for the establishment of large, medium and small projects as well.


Most company owners often overlook or ignore the importance of proper corporate documentation as required by law. The danger inherent in this becomes glaring whenever the company needs to borrow money either to expand its business or to set up a production line when it becomes necessary to examine the corporate documents and legal status of the company.

We provide complete company secretarial services which include:

  • Arranging meetings and recording of proceedings at board of directors annual and extra-ordinary general meetings, or other statutory corporate meetings of companies.
  • Filing of statutory returns (at the Corporate Affairs Commission), annual reports and accounts, allotment of shares, alterations in the memorandum and articles of association, increase in share capital, share transfer, etc.
  • Preparation and negotiation of internal contracts for the supply of industrial machinery, equipment and raw materials; industrial and commercial licensing (patents, know-how, trademarks etc.); technical management and assistance, etc.
  • Processing of permits and approvals required to facilitate the establishment of industries, including joint venture projects involving foreign investors.


As a fully registered trust company, BOI-ITC is able to protect your assets long after you are not around to. In setting up a trust, you will not only protect yourself from tax liabilities, but have the peace of mind that your family will be protected in the unfortunate event of your death. In addition to the setting up of a trust, we provide all categories of trust services, including:

  • Trustee services relating to issuance of Bonds and Debentures.
  • Trustee services relating to loan syndication and securitisation for consortium lending.
  • Development and administration of different types of trusts services, e.g. Private Trusts, Public Trusts, Quasi-Public Trusts, etc
  • Administration and management of estates under trust arrangement.
  • Custodian of valuable assets, e.g. jewellery, family air looms, precious stones, ornaments, money in any currency, etc.
  • Trustee to Unit Trust and Mutual Fund Schemes and any joint venture project under trust.
  • Guarantees.

Succession planning is an important part to planning your retirement. As a business owner with intentions of passing on the business to the next generation of your family, a succession plan is vital. If your retirement planning strategy includes using the proceeds of the sale to increase your investments, create an income stream, fund a new business venture or fulfill other goals, then you should develop a complementary business succession plan. Having a plan can actually improve the market value of a business and ease the transition of ownership for employers and customers.

Whether you plan to pass your business on to your family members or sell to increase your investment value, BOI-ITC can assist you to ensure maximum value.


BOI-ITC provides a comprehensive, solutions-based platform that organizes and integrates all of the company’s products and services to better help you achieve the life you desire. We can address your financial services needs completely and holistically. With financial services that include retirement and estate planning services, as well as business solutions, you receive access to a broad range of products and services that can help meet your financial goals.

Our dedicated team of Financial Consultants (FC) will design a long-term financial strategy that is not only flexible but customized to your needs and the goals you wish to attain in life. To ensure that this wealth-management strategy evolves with you, your FC will track the progress of your investment, ensuring achievement of your goals.

As Fund Managers and a Finance Company, we manage tenured funds of large magnitude for high net-worth individuals, companies, cooperative and thrifts societies and other public organizations.

We can provide:

  • LPO and Trade financing
  • Import and Export financing
  • Financing for Commercial Papers
  • Warehouse financing
  • Finance for short-term credit facilities
  • Debt financing and asset trading
  • Insolvency Management including turnarounds

BOI Micro Finance Bank