BoI Secures $500 Million Facility For Modular Refineries

The Bank of Industry has signed a memorandum of understanding with the Export-Import Bank of China for the provision of a $500m facility towards the establishment of modular refineries in Nigeria. The establishment of modular refineries is part of the Federal Government’s plan to end importation of petroleum products and to discourage illegal bunkering activities […]

BoI Harps On Easy Loans Accessibility For SMEs

As part of its efforts in developing SMEs and engendering ease of doing business, the Bank of Industry (BoI) has said that easy loans are now accessible for Small and Medium Scale Enterprises in the country. The Managing Director and Chief Executive Officer of the BoI, Kayode Pitan, made this disclosure in Lagos, recently (actually today), […]

BoI Grants N1.5bn Direct Funding To 28 Businesses

The Bank of Industry on Wednesday presented N362m cheque to the first batch of the beneficiaries of the N2bn-Micro, Small and Medium-scale Enterprises, Development Fund in Benue State. Benue State and BoI had last year signed a pact on the N2bn matching fund to boost the entrepreneurial potential of people in the state. Under the […]


Q3: Unity Bank Post Gross Earnings Of N65bn ….As Total Assets Rises To N483bn

Unity Bank Plc has unannounced a gross earnings of N65.03 billion and a new total asset level of N484.82 billion in its unaudited financial results for the period ended September 30th, 2017. In the bank’s statement made available to the Nigerian Stock Exchange (NSE) for verification at the weekend, shows that the bank has sustained […]


Ebonyi, BOI float N2bn loans for civil servants

The Ebonyi Government has urged civil servants in its payroll to key into the N2bn loan scheme being operated by the government and Bank of Industry to improve their standard of living. The Chairman of the 15-man committee inaugurated by the state government to work out the modalities for the loan disbursement, Mr Pius Eze, […]

Cutting the 70th anniversary cake

Yabatech Alumni Marks Institution’s 70th Anniversary With National Workshop

Nominee Chairman of the Federal Road Maintenance Agency (FERMA), Dr. Tunde Lemo has advised Nigerians to take their destinies in their hands and mind the process producing leaders in the country. Lemo, former Deputy Governor of the Central Bank of Nigeria (CBN) gave this charge at the 70th anniversary of Nigeria’s foremost tertiary institution; the […]

BoI to disburse interest-free loan scheme for women

The Bank of Industry (BoI) has unveiled an interest-free loan for women artisans, market women and small holder farmers under the National Women Empowerment Fund (NAWEF) intervention scheme by the Federal Government. According to the bank. NAWEF is an aspect of the Federal Government’s Social Investment (Intervention) Programme which is designed exclusively for women and […]