The Bank of Industry (BOI) has secured 60 million euros credit facility from the European Investment Bank to fund Nigeria’s cocoa value addition drive, with a focus on processing, ingredients and chocolate manufacturing. The Managing Director of BOI, Dr Olasupo Olusi, disclosed this on Tuesday at the Cocoa Value Addition …
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The African Development Bank (AfDB) Group has approved a 200 million dollar financing facility for the Bank of Industry (BoI). The intervention is designed to support Nigeria’s industrial growth and strengthen private sector productivity across strategic sectors. The bank disclosed this in a statement issued on Friday in Abuja. Newsextra24 …
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THE Federal Government has raised the amount small businesses could access on single digit loans to N5 million to ensure the country’s inclusive economic growth. The Managing Director and Chief Executive Officer, Bank of Industry (BOI), Dr Olasupo Olusi, made the announcement on Friday during a town hall sensitisation in …
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PRESIDENT Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as executive directors of the Bank of Industry (BOI). According to a statement on Wednesday by Theodora Amechi, head of public relations division at BOI, the appointment took effect on August 26. BOI said Akinde will serve as executive director …
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A former managing director of Nigerian Industrial Development Bank, now Bank of Industry (BoI), Abubakar Abdulkadir, has died. He was aged 84. Abdulkadir, who retired as a Permanent Secretary in the Federal Ministry of Finance, died after a brief illness in an Abuja hospital on Monday evening. His son, Ibrahim …
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