Transforming Nigeria's Industrial Sector
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MD/CEO Lauds President Bola Ahmed Tinubu for the New Direction Lagos, Nigeria – August 17, 2026 The Bank of Industry Limited (BOI) has recorded a strong debut in Nigeria’s domestic capital markets, closing the bookbuild for its ₦250 billion Series 1 Fixed Rate Bond oversubscribed. The Bond was issued through BOI Financing SPV Plc under […]
The Bank of Industry has secured SEC approval for the registration of its US$1 billion Medium-Term Multi-Currency Instruments Programme and the commencement of book building for up to ₦250 billion in Series 1 bonds.
Bank of Industry hosted the 6th ANDFI Annual Conference and General Assembly, convening policymakers, development finance institutions and industry leaders to advance domestic capital mobilisation and Nigeria’s development priorities.
Nigeria cocoa value addition receives a major boost as BOI unveils a ₦164 billion strategy to expand cocoa processing, increase exports, create jobs, and position Nigeria as a leading cocoa manufacturing hub.
The Bank of Industry has launched its inaugural Annual Development Impact Report, recording ₦644.9 billion in disbursements, 1.68 million jobs supported and expanded financing across MSMEs, women- and youth-led businesses, infrastructure, digital transformation and climate action.
The Bank of Industry has appointed Kuramo Capital Management as Fund Manager of the $170.6m DICE Fund of Funds under the iDICE Programme to support Nigeria’s technology and creative startups.
A $617 million program is putting money, skills, and infrastructure directly in the hands of young Nigerian entrepreneurs. And it’s already underway. Nigeria has produced some of Africa’s most celebrated technology and creative success stories. Yet for many founders across the country, the path from idea to investable business remains difficult. Early-stage capital, coordinated support, […]
The Bank of Industry has been recognised at the EMEA Finance Project Finance Awards 2025, winning two major awards that highlight its continued impact in sustainable development and inclusive financing across Africa. BOI’s Mini-Grid Partnership Project in Nigeria was named Best Sustainability Deal in Africa, while the Bank’s Guaranteed Loans for Women — GLOW Programme […]
The Bank of Industry (BOI) has been honoured with the Sustainable Bank of the Year award at the 20th edition of the prestigious African Banker Awards, held in Brazzaville, Republic of Congo. The award recognises BOI’s continued leadership in driving sustainable finance and supporting inclusive economic development across Africa. The ceremony, held in Brazzaville, Congo […]
S&P (Standard & Poor) Global Ratings has upgraded BOI’s long-term global scale rating to ‘B’ from ‘B-’ and upgraded the Bank’s Nigeria national scale ratings to ‘ngA+/ngA-1’. The outlook remains Stable. This milestone reflects continued confidence in BOI’s institutional strength and long-term development finance mandate. #ThisisBOI #BOIBuildingIndustries
