Tag: BoI

BoI raises $5bn, plans N120bn MSME support

Aminu Imam
BoI raises

Managing Director of the Bank of Industry, (BoI), Olasupo Olusi, says the bank has raised over $5 billion from the international capital markets through EuroBonds, loan syndications, and green finance instruments since 2017. Olusi disclosed this on Thursday, at the BoIs 65th anniversary news conference in Lagos, highlighted the banks evolution from its establishment as the Investment Company of Nigeria in 1959 to its transformation into the BoI in 2001. The BoI MD noted that the bank also concluded global loan syndication that raised not less than 2 billion in…

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“Weve disbursed N78bn loans to 1,000 MSMEs this year” – BOI

Aminu Imam
BoI ob SMEs

The Bank of Industry (BOI), has said thus far, it has disbursed N77.65 billion in loans to almost 1,000 Micro, Small and Medium Enterprises (MSMEs) in the country. Managing Director/CEO of BOI, Dr. Olasupo Olusi made the disclosure yesterday, during the 2024 BOI annual public lecture series to mark the Banks 65th anniversary, with the theme: Creating Impact: The Role of MSME Support and Financing in Alleviating Poverty and Food Insecurity in Nigeria. He said: So far this year, the Bank has supported MSME across the country through the disbursement…

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Independent Broadcast Stations accept Tinubu’s BOI loan offer – IBAN Chairman,Ramalan

Aminu Imam
IBAN Chairman, Ramalan

…Keys into FGs CNG agenda Chairman of Independent Broadcasters Association of Nigeria, (IBAN), Alhaji (Dr.) Ahmed Tijjani Ramalan has submitted a letter on behalf of its 33 members, accepting Presidential Bola Tinubus offer of the Bank of Industry (BoI) soft loan to Broadcast Media stations. Ramalan revealed this to the Hon. Minister of Trade and Investment, Dr. Nkiruka, during a courtesy call on the Minister by the leadership of IBAN in Abuja, yesterday. The Trade and Investment Minister assured members of IBAN that the Bank of Industry would be having…

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