The Bank of Industry (BOI) has been recognised with two prestigious awards at the recently concluded EMEA Finance Achievement Awards, reinforcing its position as a leading development finance institution driving inclusive and sustainable economic growth across Africa. The Bank received the Best Sustainability Deal in Africa Award for its financing intervention under the Nigeria Distributed…
The Bank of Industry (BoI) said it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers across Nigeria.Its Managing Director, Dr Olasupo Olusi, made disclosed this on Tuesday in Abuja during his first interactive session with the organised private sector (OPS) streamed online.Dr Olusi also said an additional…
The Bank of Industry (BoI) has opened its application portal for would be beneficiaries of the Federal Government’s N75billion Micro, Small, and Medium Enterprises (MSMEs) Intervention Fund. This is even as the Nigerian Association of Small Scale Industrialists (NASSI) lauded the FG for the intervention programme, describing it as lifeline for Nigerian MSMEs. A representative…
Sixty per cent of businesses in Nigeria are family-owned while half of the figure hardly go beyond the first generation, according to a new report by multinational professional services firm, PwC. Partner and PwC Africa Family Business Lead, Esiri Agbeyi, who presented the report at 2024 Family Business Summit convened by Oghenevwoke Ighure at The…
