Business Hilights

Tracking Nigeria's Headline Business News Online

Bank of Industry

Experts at PoS innovation summit give antidote to seamless financial inclusion

The best bet for the effective achievement of financial inclusion will be dependent on deployment of simple technologies and processes that align with the realities of the target audience who are mainly at the bottom of the pyramid. This was…

Confusion as DBN set to clash with BoI’s activities, targets 20,000 MSMEs in first year

Just as the Bank of Industry (BoI) since the beginning of this has been growing the consolidation of Small and Medium Enterprises (SMEs) via loans, training and grants, the newly licensed Development Bank of Nigeria (DBN) will finance about 20,000…

Banking/Investments

Bank of Industry working on raising loan facilities to MSMEs to drive sector on recession

As a way of deepening the activities of Micro, Small and Medium Enterprises (MSMEs) who analysts say remain the best bet in early exit of recession, the Acting Managing Director of Bank of Industry, Mr. Waheed Olagunju, has given an…

Kwara Gov, Ahmed assures BoI of judicious use of MSMEs facility

Wife of the Kwara State Governor, Mrs. Omolewa Ahmed has not only lauded the Bank of Industry (BoI) for disbursing entrepreneurship loans to over 250 women in Kwara State, but assured of its judicious use. The Bank of Industry (BoI)…