Tag: Bank of Industry

BoI Recapitalisation Urgent as Businesses Face Credit Crunch, NECA Warns

Business Damilola Bayonle -
Nigeria’s organised private sector has intensified calls for urgent reforms in the country’s development finance architecture, warning that the...

Reps threaten arrest warrant against BOI over absence at DFI probe hearing

Business Damilola Bayonle -
Reps threaten arrest warrant over BOI absence at investigative hearing The House of Representatives has issued a stern warning to...

Nigeria unveils bold mining push, targets $1bn annual investment and 500,000 jobs by 2030

Business Damilola Bayonle -
Nigeria is setting ambitious benchmarks for its solid minerals industry as the Federal Government rolls out a new industrial...

FG pledges N800bn investment in agro-processing and renewable energy under 2025 industrial policy

Agricultural sector Damilola Bayonle -
In a bold move to strengthen Nigeria’s industrial landscape, the Federal Government has unveiled plans to invest N800 billion...

Agribusiness takes largest share as BOI disburses record ₦636bn in 2025

Business Damilola Bayonle -
Agribusiness gets lion share as BOI disburses record funds Agribusiness has emerged as the biggest beneficiary of development financing in...

Sanwo-Olu Launches N10bn MSME Empowerment Fund

Business Omolola Akinyemi -
The launch of the joint initiative between the Lagos State Government, Bank of Industry, and Sterling Bank MSME Fund,...

Lagos Partners with Banks to Create 10,000 MSME Jobs

Business Damilola Bayonle -
In a major push to foster economic growth and support local businesses, the Lagos State Government, in collaboration with...