Nigeria & Bank of Industry
26 shared events · Importance 6 · Last updated Aug 19, 2026
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Regulatory
Nigeria: Nigeria is the primary beneficiary of the iDICE Programme and the DICE Fund of Funds, aiming to promote entrepreneurship, drive innovation, create jobs, and position itself as Africa's leading hub for the knowledge economy.
Bank of Industry: 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
Business
Nigeria: Nigeria aims to reduce raw cocoa exports and boost local processing, potentially increasing export earnings and job creation in the cocoa value chain.
Bank of Industry: 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
Nigeria: The successful bond issuance demonstrates the growing capacity of Nigeria's domestic capital market to mobilize long-term funds, supporting economic development.
Bank of Industry: 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
Regulatory
Nigeria: The Bank of Industry's report highlights its contribution to Nigeria's industrialization priorities, job creation, and economic growth, aligning with the nation's development agenda.
Bank of Industry: 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
Domestic
Nigeria: Nigeria is the nation directly affected by the proposed ban on textile imports and the revival efforts for its textile industry. The event aims to boost its economy, create jobs, and reduce reliance on foreign goods.
Bank of Industry: 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
Domestic
Nigeria: Nigeria's real sector faces a N50 trillion financing gap, threatening industrialisation and food security. The policy brief calls for government action to address structural market failures.
Bank of Industry: 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
Nigeria: Nigeria stands to benefit from reduced sugar imports, improved trade balance, and industrial development. The success of the plan could boost economic growth and food security.
Bank of Industry: 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
Business
Nigeria: The Nigeria is the sponsor of the iDICE programme, demonstrating its commitment to supporting digital and creative enterprises. This initiative may enhance its reputation in fostering innovation.
Bank of Industry: 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
Nigeria: Host country seeking to attract diaspora investment to boost economic growth and stability.
Bank of Industry: Highlighted for record financing of N636 billion in 2025, supporting businesses.
Aug 06, 2026 · 31 articles
Regulatory
Nigeria: The event supports Nigeria's broader economic development agenda by diversifying the nation's economy and attracting both local and foreign investments.
Bank of Industry: 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
Nigeria: As the world's fourth-largest cocoa producer, Nigeria faces significant compliance challenges. Over half of its cocoa may fail to meet EUDR requirements, risking reduced exports and economic losses for its 300,000 smallholder farmers.
Bank of Industry: 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
Domestic
Nigeria: Nigeria stands to benefit from enhanced domestic defense manufacturing and reduced import dependence.
Bank of Industry: Proposed as a financing vehicle for drone manufacturers, but no direct action taken.
Jul 22, 2026 · 6 articles
Business
Nigeria: Nigeria is the primary beneficiary of the facility, which aims to boost industrial growth, technology adoption, and foreign investment, potentially improving the country's economic outlook.
Bank of Industry: 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
Nigeria: Nigeria is the primary beneficiary and setting for all the MSME initiatives, with the government aiming to decentralize economic opportunities and create jobs across the country.
Bank of Industry: The Bank of Industry sponsored an award category for manufacturing at the MSME Awards.
Jun 27, 2026 · 6 articles
Business
Nigeria: The event supports Nigeria's financial inclusion goals and SME sector development.
Bank of Industry: Administers the Federal Government MSME Intervention Funds disbursed by Fidelity Bank.
Jun 26, 2026 · 6 articles
Business
Nigeria: Nigeria is the country where UBA is recognized as Best Bank for Retail and ESG, reflecting positively on the country's banking sector.
Bank of Industry: 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
Bank of Industry: 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
Bank of Industry: Bank of Industry invested in Nigeria — Lagos Free Zone to support MSME development and Nigeria's economic transformation.
Jan 05, 2026 · 6 articles
Business
Bank of Industry: 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
Business
Bank of Industry: 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
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