Bank of Industry to Raise $3.3 Million for Industrial Development
The Bank of Industry (BoI) has laid plans to raise a N1 trillion loan facility from within and outside the country to partly finance industrial component of the Economic Recovery and Growth Plan (ERGP). This is even as the bank... Read More →
Bank of Industry Reduces Interest Rate to Zero Percent for Youths
To boost the multiplier effect of the scheme, the bank has decided to further encourage such young entrepreneurs by administering their loans at zero per cent interest charge effective 1st May 2017. For youths under the Bank of Industry’s Graduate... Read More →
Bank of Industry Partners Ministry of Agric to grant Soft Loans to 100,000 MSMEs
The Bank of Industry, has sealed a pact with the Rural Finance Institution Building Programme (RUFIN), an initiative of the Federal Ministry of Agriculture and Rural Development (FMARD), to provide access to soft loans to 100,000 small businesses. The partnership... Read More →