30 results
- 16 Jul 2017
BoI, MFBs Collaborate to Fund SMEs
Bank of Industry (BoI) is expanding its partnership with microfinance banks to increase access of small businesses to micro credit, according to Mr. Olukayode Pitan, managing director, BoI. Pitan…
- 8 Feb 2026
BOI Secures CBN Nod for Sharia Banking, Unlocks Ethical Funding Boom
Bank of Industry (BOI) has received Central Bank of Nigeria (CBN) approval to launch a Non-Interest Banking (NIB) Window, expanding ethical financing for underserved businesses nationwide. BOI The…
- 14 Dec 2021
BoI Wins SERAS Awards for Impact in Financial Inclusion
The Bank of Industry (BOI) has received top honours at the just concluded Sustainability, Enterprise and Responsibility Awards also known as the SERAS CSR Awards 2021. BOI won the award for the ‘Best…
- 3 Aug 2020
BoI Increases Support to N53Bn
BoI Increases Support for MSMEs to N53Bnthe Bank of Industry (BoI) has disclosed that it made a total disbursement of N53 billion to micro, small and medium scale enterprises (MSMEs) in 2019, in…
- 10 Nov 2023
BOI Raises $5bn from International Finance Institutions
Dr. Olasupo Olusi, the Managing Director and Chief Executive Officer Bank of Industry (BOI), has said BOI has worked with their partners to raise over $5 billion from several international financial…
- 21 Jun 2026
BoI's EIB-Backed Financing Accelerates Fidson's Pharmaceutical Manufacturing Growth
Fidson Healthcare Plc has commended the Bank of Industry (BoI) for its pivotal role in facilitating concessionary financing that is accelerating the growth of Nigeria's pharmaceutical manufacturing…
- 7 Jun 2026
BOI Wins Dual Honours @ EMEA Finance Awards for Sustainability and Social Impact Leadership
The Bank of Industry (BOI) has been recognised with two prestigious awards at the recently concluded EMEA Finance Achievement Awards, reinforcing its position as a leading development finance…
- 4 Jun 2015
BoI Launches SME Mobile App, 4 Other Applications
Bank of Industry Limited (BoI), as part of efforts in repositioning the operational systems, process and services by taking advantages of the digital and mobile era to offer its numerous customers…
- 18 Feb 2026
BoI Secures CBN’s Approval for Non-interest Banking Operation
Bank of Industry (BOI) has received approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window. Theodora Amechi, bank’s divisional head, Public Relations, said the…
- 16 Jul 2026
BOI Pledges to Drive Nigeria's Cocoa and Dairy Sectors with 70% of its €85m EIB Facility
Bank of Industry (BOI) has secured a €60 million credit facility from the European Investment Bank to fund Nigeria’s cocoa and dairy value addition drive, with a focus on processing, ingredients and…
- 20 Mar 2025
BOI Launches N10Bn GLOW Fund for Female Entrepreneurs
Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at ₦10 billion to support female entrepreneurs across the country. The…
- 16 Aug 2022
BOI Concludes Fresh €1bn Landmark Transaction to Enhance Capacity
The Bank of Industry (BoI) has announced that it has successfully completed a landmark EURO 1 billion Guaranteed Senior Loan Facility to further enhance its capacity to deliver on its mandate, in…
- 20 Mar 2020
BOI Raises $1Bn from International Capital Market for SMEs
Bank of Industry (BOI) said it has raised €1 billion (approximately $1.11billion) from the international capital market, towards revitalising Nigeria’s industrial sector and creating 10 million jobs…
- 28 Apr 2020
BoI Grants 3 Months Moratorium on Loans
Bank of Industry (BoI) has granted three months moratorium to all loans it extended to its customers to enable them cope with the negative impact of the COVID-19 pandemic on their businesses. The…
- 2 Jul 2026
BoI, NBCC Sign MoU to Deepen Bilateral Trade, Industrial Growth and Investment
The Bank of Industry (BoI), Nigeria's foremost Development Finance Institution (DFI), has signed a landmark Memorandum of Understanding (MoU) with the Nigerian Belgian Chamber of Commerce (NBCC),…
- 20 Apr 2026
BOI, RMRDC Seal MoU to Address Agric Value Chain Challenges, Boost Nigeria’s GDP
Bank of Industry (BOI), Nigeria’s foremost Development finance institution and the Raw Materials Research and Development Council (RMRDC) have sealed a strategic partnership agreement to strengthen…
- 11 Sept 2019
BOI to Boost Entrepreneurship Devt with Technology Hubs
Bank of Industry (BoI) has announced plans to roll out programmes geared towards building the capacities of entrepreneurs to ideate, incubate and launch successful businesses deploying the use of…
- 26 Jan 2015
BoI Pledges Partnership with NASENI on Indigenous Technology
The Bank of Industry (BoI) has pledged its willingness to collaborate with the National Agency for Science and Engineering Infrastructure (NASENI), to promote indigenous technology in Nigeria.…
- 14 Jul 2014
BoI Strategises to Increase SMEs’ Access to Loans
Worried by inability of SMEs to access its loans as a result of badly presented applications, the Bank of Industry (BoI), at the weekend unfolded plans to partner Business Support firms (BSFs)…
- 18 Mar 2026
BoI, MTN Foundation Launch N1Bn Fund for Women Entrepreneurs
Bank of Industry (BoI) and MTN Nigeria Foundation have launched a N1 billion Y’ellopreneur 3.0 Matching Fund to support women-owned businesses across Nigeria. The fund was launched at the official…
- 31 Aug 2021
BOI, Edo State Launch N2bn Fund for Over 50,000 MSMEs
The Bank of Industry (BOI) and the Edo State Government have unveiled a Micro Small and Medium Enterprise (MSME) development fund worth N2bn to support entrepreneurs in the state. The fund was…
- 25 Nov 2024
BoI Raises Over $5Bn Funding, 2Bn Euro Syndications
In its bid to provide adequate funding for Nigeria’s industrial development finance, the Bank of Industry Limited, BoI, has raised over $5 billion in international funding instruments. The bank has…
- 15 Feb 2026
BOI, MTN Foundation Unveil N1Bn Fund for Women Entrepreneurs
Bank of Industry (BoI) and the MTN Foundation have signed a memorandum of understanding to establish a N1bn Matching Fund to expand access to finance and capacity building for women-led micro…
- 24 Aug 2017
BoI, FCMB Partner to Support Local Content Policy
The Bank of Industry, in partnership with the First City Monument Bank, yesterday unveiled an 80-tonne vessel jointly financed on behalf of C&I Leasing Ltd. Kayode Pitan, Managing Director, BOI,…
- 19 Jul 2010
Third BOI Board of Directors Inaugurated
The Federal Ministry for Commerce and Industry has inaugurated the third Board of Directors of the Bank of Industry (BOI) Limited towards priming the bank for the strategic role it has to play in the…
- 7 Feb 2024
BoI, IFC Partner to Enhance Finance Accessibility, Export Credit
The Bank of Industry (BoI) and the International Finance Corporation (IFC) have partnered to enhance the accessibility of finance and export credit, contributing to the advancement of Nigeria’s…
- 23 Apr 2021
BoI Plans Tech Hubs to Tackle Youth Unemployment
Bank of Industry (BoI) has announced plans to establish tech hubs to address the menace of high level of youth unemployment currently at 33.3 per cent in the country. Specifically, the bank stated it…
- 2 Nov 2018
LAN Partners BOI to support Start-ups
Mr Segun Olukoya, the Director of Lagos Angel Network Ltd. (LAN), said that the company will partner with Bank of Industry (BOI) to create programmes that would provide finance, support and mentoring…
- 7 Mar 2022
BOI Fosters Export-oriented Women Led Businesses with $10m
In a bid to promote export businesses led by women, the Bank of Industry (BOI) has invested $10 million into a women-focused fund to support Nigerian business led by women. Olukayode Pitan, Managing…
- 16 Sept 2018
BOI, Export-Import Bank of China Sign MoU on $500m Financing Support
The Bank of Industry (BOI), Nigeria’s leading Development Finance Institution (DFI), and the Export-Import Bank of China (CEXIM) have signed a Memorandum of Understanding (MoU) on a $500 million…