Bank of Industry
Tracked across 27 events · 262 articles · First seen Dec 10, 2025 · Last active Aug 19, 2026
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Business
Impact: Bank of Industry launched the GLOW program in partnership with National Credit Guarantee Company to provide N10 billion in guaranteed loans to women entrepreneurs in Nigeria, aiming to close gender-financing gaps and stimulate inclusive growth.
Dec 10, 2025 · 6 articles
Business
Impact: Bank of Industry invested in Nigeria — Lagos Free Zone to support MSME development and Nigeria's economic transformation.
Jan 05, 2026 · 6 articles
Business
Impact: The Bank of Industry received a $200 million financing facility from the African Development Bank, which will be used to provide medium- and long-term financing for businesses in Nigeria, particularly SMEs, women-owned, and youth-led enterprises.
May 15, 2026 · 6 articles
Regulatory
Impact: The Bank of Industry is the implementing agency for the iDICE Programme and has appointed Kuramo Capital Management as the fund manager for the DICE Fund of Funds, playing a crucial role in driving investment into Nigeria's technology and creative sectors.
Jun 30, 2026 · 6 articles
Regulatory
Impact: The Bank of Industry launched its maiden 2025 Annual Development Impact Report, detailing N644.9 billion in disbursements and 1.68 million jobs supported, marking a shift to measuring development impact.
Jul 02, 2026 · 6 articles
Business
Impact: BOI is the lead implementing agency, providing the €85 million facility and technical assistance to cocoa and dairy processors, enhancing its role in industrial development.
Jul 14, 2026 · 7 articles
Business
The Bank of Industry (BOI) successfully issued its maiden N250 billion Series 1 Fixed Rate Bond, which was oversubscribed within five working days. The bond was issued through BOI Financing SPV Plc under the bank's…
Impact: Issued its maiden N250 billion bond, which was oversubscribed, enhancing its funding capacity and reputation as a credible issuer in the domestic capital market.
Aug 16, 2026 · 25 articles
Domestic
Impact: The Bank of Industry is urged to receive additional funding specifically for reviving the textile sector, making it a key financial instrument in the proposed revitalization plan.
Jun 09, 2026 · 23 articles
Business
Impact: The Bank of Industry is implementing the Growth Lab accelerator, reinforcing its role in development finance and startup support. The programme aligns with its mandate to promote industrial growth.
Jul 20, 2026 · 6 articles
Domestic
Impact: The Bank of Industry is recommended for recapitalisation to provide long-term financing to manufacturers. This could enhance its capacity to support industrialisation.
Aug 02, 2026 · 8 articles
Domestic
The Nigeria — National Sugar Development Council (NSDC) unveiled a strategy under the Nigeria Sugar Master Plan 2.0 to achieve sugar self-sufficiency, targeting local production of about two million metric tonnes annually, up from current…
Impact: The Bank of Industry co-established the N10 billion Sugar Project Acceleration Fund, providing financing for project preparation. This aligns with its development mandate and could enhance its portfolio.
Aug 16, 2026 · 8 articles
Domestic
President Bola Tinubu, represented by his Chief of Staff Femi Gbajabiamila, opened the inaugural Nigeria Diaspora Economic Conference (NIDEC) 2026 in Toronto, Canada, themed 'Thrive Abroad, Invest in Nigeria.' Tinubu urged Nigerians abroad to move…
Impact: Highlighted for record financing of N636 billion in 2025, supporting businesses.
Aug 06, 2026 · 31 articles
Regulatory
Impact: The Bank of Industry is represented by its Chairman of the Board, Dr. Mansur Muhtar, and Managing Director/CEO, Dr. Olasupo Olusi, as lead speakers at the summit, indicating its role in industrial financing.
Jul 01, 2026 · 12 articles
Regulatory
Impact: Bank of Industry is a partner in implementing the LASMECO scheme, offering loans at a single-digit interest rate.
Jul 04, 2026 · 6 articles
Business
Impact: Bank of Industry provided institutional funding for Waltersmith Petroman Oil Limited's refinery expansion, reflecting a blended financing approach for large-scale energy projects.
Apr 25, 2026 · 15 articles
Domestic
Impact: Proposed as a financing vehicle for drone manufacturers, but no direct action taken.
Jul 22, 2026 · 6 articles
Regulatory
The European Union's Deforestation Regulation (EUDR), effective 30 December 2026 for large operators, requires cocoa importers to prove their beans were not grown on recently deforested land and to trace them to specific farms. West…
Impact: A Nigerian development bank that highlights the country's low local processing capacity, indicating potential for value addition but not directly impacted by the EUDR.
Aug 17, 2026 · 8 articles
Business
Impact: Administers the Federal Government MSME Intervention Funds disbursed by Fidelity Bank.
Jun 26, 2026 · 6 articles
Business
Impact: Bank of Industry partnered with UBA on a N5 billion financing program for women-owned businesses, contributing to UBA's ESG recognition.
Jul 23, 2026 · 17 articles
Business
Impact: The Bank of Industry is referenced as the former employer of Waheed Olagunju, lending credibility to the initiative but not directly involved in the facility.
Aug 02, 2026 · 6 articles
Domestic
Impact: The Bank of Industry sponsored an award category for manufacturing at the MSME Awards.
Jun 27, 2026 · 6 articles
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Bank of Industry issued bondBOI N250bn Bond Oversubscribed
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Nigeria — National Sugar Development Council established acceleration fund Bank of IndustryNigeria sugar...
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Bola Tinubu commended Bank of IndustryTinubu urges diaspora...
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Bola Tinubu approved incentives Bank of IndustryBOI N250bn Bond Oversubscribed
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Bola Tinubu approved fund Bank of IndustryBOI N250bn Bond Oversubscribed
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Nigeria — Nigeria Sovereign Investment Authority participated in offer Bank of IndustryBOI N250bn Bond Oversubscribed
60
International Finance Corporation participated in offer Bank of IndustryBOI N250bn Bond Oversubscribed
30
Bank of Industry lauded president Bola TinubuBOI N250bn Bond Oversubscribed
Olasupo Olusi
managing director
↔
Bank of Industry
Olasupo Olusi serves as the Managing Director of the Bank of Industry, leading t
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