Tag Archives: BOI

The Bank of Industry has said itsloan exposure to enterprises owned and promoted by women has hit N13bn, notingthat plans are underway to improve access of related businesses todevelopmental financing. It said this in astatement, adding that this was in furtherance of efforts to support thediversification programme of the Federal Government and create employmentthrough empowerment of women entrepreneurs The statement …

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GLOBAL rating agency, Fitch, Wednesday, revised Bank of Industry’s (BOI) Outlook to Negative from Stable, due to the health of the country’s economy. Fitch, however, reaffirmed the bank’s  National long-term rating  at AA+, as well as its Long-Term Issuer Default Rating (IDR) at ‘B+’. Reacting, Mr. Waheed Olagunju, Acting Managing Director of BoI, said   the reaffirmation of the bank’s National …

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As part of its Green Energy Project, the Bank of Industry at the weekend in Lagos launched its 1 billion naira solar energy fund to boost its off-grid electricity generation project. The fund would be made available to firms partnering with the bank in the development of solar energy services across the country. Addressing stakeholders at the event, acting managing …

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BOI Mulls Increase Funding To Mining Sector The Bank of Industry (BoI) has pledged to increase funding support to the mining sector in the country, order to improve the sector’s contribution to the Gross Domestic Product. Acting Managing Director, BoI, Mr. Waheed Olagunju, stated this while speaking on the sidelines of the International Mining Investment Conference, which held in Abuja. …

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