President Bola Tinubu has approved the appointment of Dr. Olasupo Olusi to serve as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a term of four (4) years in the first instance. The President’s…

Bank of Industry has partnered with MTN to train Nigerian female entrepreneurs and also provide a credit facility The partnership will give female-led businesses a chance to be well equipped to grow their businesses Over 2 million is…

As a witness to the recent December public hearing organized by the Senate committee on Banking and Finance, I bear testimony that the proposed National Development Bank of Nigeria (NDBN) Bill  ostensibly to provide low-cost loans to small…

Fitch Ratings has affirmed the national ratings of the Bank of Industry (BoI) as well as seven other banks. According to Fitch, the rating actions follow Fitch’s downgrade of Nigeria’s Long-Term Local Currency Issuer Default Rating (IDR)…

As part of moves to offer solution to the rising cases of graduate unemployment in the country, the Bank of Industry (BoI) has concluded plans to disburse N426 million to about 253 corps members undertaking their National Youth Service…

The African Export-Import Bank (Afreximbank) has committed $2 billion to support Nigeria’s cotton and garment industry and revealed that it has invested between $15 billion and $20 billion in the country’s economy over the past five years,…

Leading financial institution, Fidelity Bank Plc, has announced the signing of a strategic partnership agreement with Aircraft Finance Germany (AFG) to advance the aviation sector in Nigeria and across Africa by both organisations. The…

Guaranty Trust Bank (GTBank) has announced the introduction of a new billing model for its Unstructured Supplementary Service Data (USSD) banking transactions, in accordance with recent regulatory directives. Starting today, June 18,…