BOI Unveils N10bn GLOW Fund to Boost Female Entrepreneurs
The Bank of Industry (BOI) has launched the Guaranteed Loans for Women (GLOW) Fund, a N10 billion initiative aimed at bridging the financial inclusion gap for female entrepreneurs in Nigeria. Announced by BOI Managing Director, Dr. Olasupo Olusi, the fund will provide women-led businesses with access to capital, mentorship, and capacity-building support. With 23 million […]
Read MoreBoI Secures ₦3.5trn To Strengthen Nigerian MSMEs
The Bank of Industry (BoI), Nigeria’s leading development finance institution, has successfully secured €1.879 billion (approximately ₦3.05 trillion) from international markets in 2024, marking the largest funding deal ever secured by an African development finance institution. This landmark achievement, led by BoI’s Managing Director, Dr. Olasupo Olusi, was realised through a dual-layer guarantee structure developed […]
Read MoreBoI Rolls Out Application Portal For Federal Government’s N75bn MSMEs Intervention Fund
The Bank of Industry (BoI) has opened the application portal for the federal government’s N75 billion micro, small, and medium enterprises (MSMEs) Intervention Fund. The fund, aimed at empowering MSMEs across the country, offers a unique lifeline with affordable, collateral-free loans to boost small businesses and enhance economic resilience. The announcement was made during a […]
Read MoreBoI Disburses N75bn To Boost Small-Scale Industrial Growth In Nigeria
The Bank of Industry (BoI) has disbursed N75 billion to support vulnerable members of the Nigerian Association of Small-Scale Industrialists (NASSI), in a bid to stimulate growth and productivity among small-scale enterprises. The fund disbursement was formalised through a Memorandum of Understanding (MoU) signed recently at BoI’s head office in Abuja. This development comes on […]
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