By Rukayat Moisemhe The Bank of Industry (BoI)and MTN Nigeria Foundation have launched a N1 billion fund to support women-owned businesses across Nigeria. Managing Director of BoI, Dr Olasupo Olusi, disclosed this at a media parley and call for applications on Tuesday in Lagos. Represented by Executive Director, MSMEs, MrContinue Reading
By Muhyideen Jimoh President Bola Tinubu has commended the Bank of Industry (BoI) for disbursing N636 billion to businesses in 2025, the highest annual financing volume in its history. This is contained in a statement by Presidential Spokesperson, Mr Bayo Onanuga, on Thursday in Abuja. Tinubu said the milestone showedContinue Reading
By Rukayat Moisemhe Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) and Bank of Industry (BoI) have explored partnering to strengthen loan recovery and professionalism in insolvency and business restructuring nationwide. At a meeting on Tuesday in Lagos, BRIPAN president, Mr Chimezie Ihekweazu, highlighted BoI’s role in development financingContinue Reading
By Rukayat Moisemhe The Bank of Industry (BoI) has introduced a business clinic model designed to diagnose, treat and rehabilitate the Micro, Small and Medium Enterprises (MSMEs) to ensure long-term growth and sustainability. The Divisional Head, Business Development, BoI, Dr Obaro Osah, made this known at the bank’sContinue Reading
By Rukayat Moisemhe The Bank of Industry (BoI) and financial experts have urged Micro, Small and Medium Enterprises (MSMEs) to embed Environmental, Social and Governance (ESG) principles in their operations to engender growth and global competitiveness. They gave the advice on Tuesday inContinue Reading
By Rukayat Moisemhe and Aderonke Ojediran Gov. Babajide Sanwo-Olu of Lagos State has unveiled the Lagos State Access to Finance for SMEs through Cooperatives (LASMECO) to provide access to finance for Small and Medium Scale Enterprises (SMEs) and registered cooperative societies in the state. Sanwo-OluContinue Reading
By Rukayat Moisemhe and Aderonke Ojediran The Managing Director, Bank of Industry (BoI), Dr Olasupo Olusi, has described its tripartite agreement with the Lagos State Government and Sterling Bank Plc’s Micro, Small and Medium Enterprises (MSMEs) as a new chapter for entrepreneurs in the state. Olusi said this at theContinue Reading
