‘BoI committed to attracting cheap funds for industrialisation, developing linkages’
Acknowledging the vital role Foreign Direct Investments (FDIs) play in the country’s quest to diversify its economy...
NCDMB, BoI relax conditions for $200m NCI fund applications
Following complaints in some quarters over tough conditions for accessing the $200 million Nigerian Content Intervention Fund (NCI Fund) by qualified oil and gas service companies...
BoI, CEXIM seal $500m pact for refineries, gas recovery
The Bank of Industry (BoI), and the Export-Import Bank of China (CEXIM), have signed a Memorandum of Understanding (MoU), to provide a credit line of up to $500 million towards the establishment of modular refineries, and Flare Gas Recovery Programmes in the country.
SMEs to benefit from $750m single digit loan
The Managing Director, Bank of Industry (BOI), Mr. Olukayode Pitan has said the $750m loan facility received by the BOI would be disbursed to Micro, Small and Medium Enterprises at single digit interest rate.
BoI, UNIDO partner to foster industrial development
The Bank of Industry (BoI) and United Nations Industrial Development Organisation (UNIDO) have partnered to drive Federal Government’s Economic Recovery and Growth Plan...
Why contract performance is poor in Nigeria, by experts
Poor monitoring, corruption, inconsistent government policies and political interference among others have been identified as some of the reasons why contract objectives are sometimes not achieved in Nigeria.
Bank of Industry boss harps on time management for productivity
Managing Director of Bank of Industry (BoI), Olukayode Pitan, has said people who manage their time well achieve greater productivity and efficiency, as they were more likely to meet timelines.
BoI plans increased lending to food sector for enhanced production
The Bank of Industry (BoI) has concluded plans to increase lending to stakeholders in the food industry, as part of measures to boost food production in the country and help the Federal Government achieve the 3.5 per cent Gross Domestic Product (GDP) target in 2018.
Bank of Industry, others move for healthier SMEs
The Bank of Industry (BoI), Small and Medium Enterprises (SMEs), commercial banks and other financial institutions, yesterday at the Funding Space 2017 business gathering proffered solutions towards financing businesses and organisations.
BoI’s disbursements to industrial firms in Kano hits N24b
The Managing Director, Bank of Industry (BoI), Olukayode Pitan has put the loan portfolio from the bank to industrialists in Kano State at over N24billion.