BoI may be heading on collusion course rallying DBN, other DFIs for N1 trillion
Since the sudden creation of the Development Bank of Nigeria (DBN) by the present administration, there are reasons to suspect that the Bank of Industry (BoI) had been disquiet in the performance of its duties, thus creating a scenario that…
If BoI is shopping for N1tn to assist SMEs, why is DBN established? —BH Analysis
Barely one month after the take off of Development Bank of Nigeria (DBN), indications have emerged that Bank of Industry (BoI) that had hitherto been dull in driving the growth of Small and Medium Enterprises (SMEs) has suddenly woken up….
BoI lifts creative industry, opens N300m facility window on single digit interest rate
In line with federal government’s renewed interest in diversifying the economy, Bank of Industry (BoI) has signed a memorandum of understanding with the National Council for Arts and Culture (NCAC) to open N300m loan window for operators in the creative…
Inability of FG to harmonise roles of development banks’ causing confusion, leakages
Investigations by Business Hilights on the activities of three major development banks of the federal government have revealed strong possibilities of roles overlap, redundancy and leakages of funds for development into wrong hands. A report by the leading online publication…
