Nigeria’s Bank of Industry (BoI) has secured a €60 million credit facility from the European Investment Bank to support the country’s cocoa and dairy value addition efforts. The funding will help expand cocoa processing, ingredients…

The Bank of Industry and the German Agency for International Cooperation (GIZ) have signed a Partnership Framework Agreement for entrepreneurship development, aiming to drive sustainable innovation and economic development for large…

The Bank of Industry (BoI) is finalising plans to launch non-interest banking alongside its microfinance operations, strengthening its ability to foster inclusive growth. BoI's entry into non-interest banking follows CBN approval,…

The Bank of Industry (BOI) has revealed that it disbursed a total of N77.65 billion in loans to support nearly 1,000 medium, small, and micro-enterprises (MSMEs) across Nigeria during the first nine months of 2024. This funding aims to…

Daniel Dubois sensationally dismantled fellow Briton Anthony Joshua in five rounds to catapult himself into global sporting stardom in front of 96,000 fans at Wembley Stadium. The 27-year-old dropped Joshua multiple times to retain the…

President Bola Ahmed Tinubu has approved the appointment of Mansur Muhtar as the chairman of the board of the Bank of Industry Limited. Muhtar's career spans decades in finance, international development, public service, and academia,…

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Industry (BoI) have signed a Memorandum of Agreement (MoA) for the pooling of N1billion to provide single-digit interest rates to nano and micro…

The Bank of Industry (BoI) has said that valid residential/business addresses and relevant personal and bank account information are very crucial for over 1,000 nano business owners to benefit from the Presidential Conditional Grant…

Finland’s record low temperatures this week inspired a tourist on a trip to the Arctic to try a trick that had long intrigued him: throwing boiling water in the air when it’s extremely cold outside and seeing it turn into an instant cloud…

The Office of the Vice President in collaboration with the Bank of Industry will commence the disbursement of loans to MSMEs by January 2024 to keep President Bola Ahmed Tinubu’s promise to support the transformation of the small business…