Bank of Industry
Agricultural industrialisation agenda: Anchor off-takes 54, 000 broilers from Ogun
Fifty-four thousand broilers have been off-taken by a private company in Ogun State, as part of benefits derived from the state’s agricultural industrialisation programmes.
Dangote, Guinness, Nestle, Nigeria Breweries, among nominees for The Guardian Manufacturing Excellence Awards
The Guardian, Nigeria’s premium and most respected newspaper in collaboration with African Consolidated Analytical Limited, will on March 27, 2020, hold the 2019 edition of the Manufacturing Excellence Roundtable and Awards (MERA)
Promoting the revival of local industries
Considering the urgent need to diversify the country’s economy, there is no better time than now to promote the non-oil sectors in the country. One vital approach to achieve this would be to revive local industries. This, indeed, are not the best of times for local industries in our country. This is the right time…
BOI to disburse N40b in 2019, okays N2b dividend
The Bank of Industry (BOI) is to disburse over N40 billion soft loans to small and medium scale enterprises (SMEs) in 2019, as against the N33.9 billion it gave out last year.
AGF releases N55b to pay promotion arrears, saves N37b from MDAs
Accountant General of the Federation (AGF), Ahmed Idris, yesterday disclosed that he has released N55b to pay arrears of entitlements to promoted Federal Government employees. He said of the amount, N42b has been paid to the affected civil servants, while the balance will soon be paid and reassured of continued payment of promotion arrears owed…
Nigeria, India explore new investment areas to improve $12b yearly ties
Nigeria and India are working on ways to enhance the $12 billion yearly bilateral trade between both countries in a way that would focus on investment. Receiving the Indian High Commissioner to Nigeria, Shri Abhav Thakur, in his office, Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah in a statement, lauded the relationship between…
BoI appoints Shekarau as ED, SME
The Bank of Industry (BoI) has announced the appointment of Omar Shekarau, as the Executive Director, Small and Medium Enterprises (SME), following the retirement of Dr. Waheed Olagunju from the bank.
BoI commences second level Tradermoni disbursements as beneficiaries repay loans
The Bank of Industry (BoI) has begun the disbursement of N15,000 TraderMoni loans to beneficiaries who have successfully paid back their first N10,000 loans. According to the Bank, the disbursement is in response to the increasing beneficiary repayments recorded under the scheme. Through a flexible weekly loan repayment plan of N430 per week paid over…