Despite years of intervention, Nigeria’s textile industry is a departure from the ideal, owing to challenges of huge appetite for importation, poor patronage, policy implementation and a broken value-chain.

The Federal Government in conjunction with the Bank of Industry (BoI) has commenced the disbursement of the N5 billion Artisanal and Small-Scale Miners (ASM) Financing Support Fund established in 2017.

Ladies in Sports (LIS) International in partnership with the International Sports Press Association (AIPS) and the Bank of Industry (BOI) will hold a new programme for women working in the sports industry called the LIS Skills Lab. The organisation explained that LIS Skills Lab is a project that provides training and workshops for women working…

Solid Minerals Development Fund (SMDF) has decried the share of mining and quarrying in total bank credit, saying the sector accounts for an insignificant portion of the private sector credit. According to the organisation, the sector is allocated only N11 billion out of several trillions of naira banks have lent to the private sector. It…

With ₦234 billion disbursed to 10,145 enterprises, thus facilitating the creating of an estimated 1 million direct and indirect jobs, the bank of Industry (BoI) has recorded a profit of N39.33 billion for the2019 financial year.

Fifty-four thousand broilers have been off-taken by a private company in Ogun State, as part of benefits derived from the state’s agricultural industrialisation programmes.

The Guardian, Nigeria’s premium and most respected newspaper in collaboration with African Consolidated Analytical Limited, will on March 27, 2020, hold the 2019 edition of the Manufacturing Excellence Roundtable and Awards (MERA)

The DELTA State Government in collaboration with the Bank of Industry is set to offer zero-interest loans to market women and Small and Medium Entrepreneurs, (SMEs) in the state.

Considering the urgent need to diversify the country’s economy, there is no better time than now to promote the non-oil sectors in the country. One vital approach to achieve this would be to revive local industries. This, indeed, are not the best of times for local industries in our country. This is the right time…

Vice President Yemi Osinbajo has said that about N770 billion investments would be needed yearly to bridge the financing gap in the country’s real sector.

The Bank of Industry (BOI) is to disburse over N40 billion soft loans to small and medium scale enterprises (SMEs) in 2019, as against the N33.9 billion it gave out last year.