BoI kickstarts training of 1,600 youths in gemstone production
Mr Waheed Olagunju, Acting Managing Director, BoI, at the commencement in Kaduna, said that extraction, processing and trading in gemstones would expedite recovery, transformation and diversification of the economy.
‘How Nigeria can take advantage of the AGOA deal’
Worried by the low level of exploitation of the African Growth and Opportunity Act (AGOA) deal by many operators in the non-oil sector, especially in the cotton...
Reps query BOI boss over N500bn airline intervention fund
The House of Representatives on Monday queried the Acting Managing Director of the Bank of Industry (BOI), Mr Waheed Olagunju, over the N500 billion power and airline intervention fund (PAIF).
BoI expands renewable energy funding with N1b solar fund
To further increase access to clean, cheap and reliable electricity to remote customers on and off the national grid, the Bank of Industry (BoI) has unveiled its N1bn Solar Energy Fund for Micro Small...
BoI targets bottom of pyramid with N3.1b to microfinance banks
The Acting Managing Director of the bank, Waheed Olagunju, during the presentation of cheques to LAPO Microfinance Bank, Fortis Microfinance Bank and Lotus Capital Ltd in Lagos on Friday, said the funds are expected to...
BoI disburses N3.1bn to 14 microfinance banks
The Bank of Industry (BoI) says it disbursed N3.1 billion to 14 microfinance banks under its Bottom of Pyramid (BOP) scheme.
Concerns over displacement effect of a development bank bill
Indeed, known directly by its numerous beneficiaries, and by reputation, the BoI comes across as a popular brand in Nigeria and overseas.
BoI signs N10b agro-mechanised deals with development partners
In efforts to ensure food security and exports, the Bank of Industry (BoI) has signed three Memoranda of Understanding (MoUs) worth N10 billion with development partners.