Tag Archives: BOI

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), during a workshop/seminar organised by …

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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 financing model, both parties gave …

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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 a positive but modest performance …

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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, made the call on Thursday …

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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 Yaba College of Technology in …

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The Managing Director, Bank of Industry, Mr. Olukayode Pitan, says the bank has provided a total of N24 billion to industrialists in Kano State. He gave the figure on Sunday in Abuja during a meeting with the Kano State Governor, Abdullahi Ganduje. He stated that that the bank through the disbursement of the funds had generated about 96,000 direct and …

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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 administered by BoI to issue …

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The Bank of Industry (BoI) has partnered with the National Agency for Food Drugs Administration and Control (NAFDAC) to boost local production of regulated goods and services in the country with the funding of an Agilent High Performance Liquid Chromatography (HPLC) equipment to check counterfeiting. The acting Managing Director, BoI, Waheed Olagunju, explained that the partnership is in line with …

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For youths under the Bank of Industry’s Graduate Entrepreneurship Fund (GEF) programme, access to loans will henceforth be at zero per cent interest charge from the initial nine per cent, thus requiring only the repayment of the principal amounts in a bid to enhance business creation and sustainability. According to the Bank, the GEF scheme being implemented by the Bank …

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Olabode Adaramola The Bank of Industry has been commended for contributing immensely to the Agricultural policy of the Federal Government by giving out loans to farmers at. a single digit interest rate to Nigerians who are into Agriculture business and farmers alike. The Chairman, Tractors Owners Association of Nigeria, Niger State chapter, Hon. Bala Adamu Kuta, gave the commendation in …

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