23 results
- 26 Apr 2026
BOI MD, Olasupo Olusi, Charts Tech-Driven Path to Growth for Nigeria
Dr. Olasupo Olusi, the Managing Director of the Bank of Industry (BOI), has challenged Nigeria to urgently convert its vast reservoir of talent into measurable productivity, declaring that the…
- 13 May 2026
Olusi, BOI MD Harps on the Media as Nigeria’s Biggest Development Partner
Dr. Olasupo Olusi, the Managing Director/Chief Executive Officer of Bank of Industry, has described the media as Nigeria’s most important development partner, noting that effective communication…
- 19 Feb 2025
Bank of Industry Pledges to Support SecureID Expansion to East Africa
The Bank of Industry (BoI) has reiterated its commitment to supporting SecureID, Africa’s leading smart card manufacturing company as the firm expands operations to East Africa. Olasupo Olusi,…
- 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…
- 30 Aug 2024
FG Unveils Committee to Advance Risk Management in Nigeria
To bolster Nigeria’s approach to risk management, the Federal Government has inaugurated a new committee dedicated to evaluating and addressing various national risks. The announcement was made by…
- 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…
- 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…
- 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…
- 10 Nov 2025
FG Backs $64m Tech Fund, Unveils New Startup Financing Plans Under iDICE Programme
Nigeria’s Investment in Digital and Creative Enterprises (iDICE) programme has announced plans to launch two new funds in 2026 to expand financing opportunities for startups in the country’s…
- 17 May 2026
AfDB Approves $200m for BoI to Support MSMEs
The African Development Bank Group (AfDB) has approved a $200 million financing facility for the Bank of Industry (BoI) to expand access to long-term funding for businesses operating in key sectors…
- 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…
- 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…
- 30 Jun 2026
Bank of Industry Appoints Kuramo Capital as Manager of Dice Fund of Funds
The Bank of Industry (BOI), the Implementing Agency for the Investment in Digital and Creative Enterprises (iDICE) Programme of the Federal Government of Nigeria, has announced the appointment of…
- 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),…
- 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…
- 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…
- 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…
- 1 Apr 2025
NIMC Says NIN Mandatory to Government Loans
National Identity Management Commission (NIMC) said the National Identification Number (NIN) is a mandatory requirement for securing government loans. NIMC said on its social media platform that the…
- 7 Nov 2025
Nigeria’s $618m Tech Incubator Debuts
Nigeria made its first direct investment to support technology-enabled startups, as it seeks to back a sector that has already grown commercial capital Lagos into a key tech hub for Africa, according…
- 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…
- 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…
- 25 Mar 2026
EU Pumps €290m into Nigeria’s Digital, Health, Agri Sectors
European Union has unveiled a €290 million investment package for Nigeria, targeting key sectors including digital infrastructure, healthcare manufacturing, agriculture, and migration management. The…
- 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…