FEC okays justice sector reform, 500m Euro loan for BOI
To improve the ongoing reform in the country’s judicial sector, the Federal Executive Council (FEC) has approved what it called as a Justice Sector Policy for Nigeria.
BWA exhibition to boost local entrepreneurs
Beauty West Africa (BWA) is set to open on November 20th in Lagos with over 200 exhibitors, almost double the number taking part in the launch event last year.
FG targets new technology hubs to drive entrepreneurship
The Federal Government has unveiled plans to roll-out programmes geared towards building the capacities of entrepreneurs to ideate, incubate and launch successful businesses by deploying the use of technology hubs.
FG targets more Nigerians in new social investment
The Federal Government has said it intends to double the number of beneficiaries of the Government Enterprise and Empowerment Programme (GEEP) scheme, particularly through the TraderMoni and the MarketMoni.
MSMEs clinics to create more jobs - Ewans
Vice Chairman, National Micro, Small and Medium Enterprise (MSMEs) Clinics, Monday Ewans has said that 37m successful MSMEs have contributed to the reduction the nation’s unemployment statistics by hiring over 49m Nigerians. Ewans also revealed that the clinic is set to donate N2m cash and an SUV vehicle to the best MSMEs operator at its…
ICSAN, BoI partner on corporate governance awareness
To ensure sustainability and economic growth, Institute of Chattered Secretaries and Administrators of Nigeria (ICSAN), Lagos chapter, has called for the need to enlighten firms on corporate governance practices. The group stated this during a courtesy visit to Bank of Industry (BoI) headquarters in Lagos. Chairman ICSAN Lagos Chapter, Francis Olawale, said both organisations share…
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…
Stakeholders laud Waheed Olagunju’s contributions to BoI
Retired Executive Director, Small and Medium Enterprises, Bank of Industry (BOI), Dr. Waheed Olagunju, has been commended for his contributions towards the growth of the Development Finance Institution ....
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…
BoI, All On seal N1billion pact on off-grid energy to Niger Delta region
The Bank of Industry (BOI) and All On have signed a N1 billion partnership agreement to finance the Niger Delta Off-Grid Energy Fund in a bid to enhance access to clean, affordable and reliable power solutions. Managing Director, BoI, Olukayode Pitan, during the ceremony in Lagos, said the partnership was a result of the bank’s…