Search Results for "Bank of Industry"
17 results found
How lawyer converted my Ikorodu house into factory - ACP

…property in Ikorodu into an industrial factory and fraudulently secure a loan from the Bank of Industry. Braide, who appeared as a prosecution witness, gave evidence before Justice Hakeem Oshodi while being led in testimony by the prosecutor, Emmanuel Jackson. The defendant, Onuoha, alongside others said to be at large…

Business by nigerianewsfeed · 13 hrs ago · 0 comments · 6 views
FG Targets 5 Million Nigerians as NPRDS Training Begins in Oyo State

…the Investment in Digital and Creative Enterprises (iDICE) Programme implemented by the Bank of Industry (BoI), launched applications for the iDICE Startup Bridge Growth Lab, a 12-week accelerator programme offering up to $350,000(about N482.4 million) in funding for promising Nigerian technology startups.According to…

General News by nigerianewsfeed · 2 days ago · 0 comments · 10 views
After protest, CDS assures military retirees of consequential pension rise

…initiatives aimed at improving the welfare of veterans, including collaboration with the Bank of Industry to facilitate access to low-digit loans for business enterprises by serving and retired personnel and their families. Oluyede also disclosed that the ongoing construction of the Defence Hospital would reserve a per…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
NSDC mobilises $1bn investment pipeline for sugar self-sufficiency

…with SINOMACH of China and a N10bn Sugar Project Acceleration Fund established with the Bank of Industry. The Executive Secretary and Chief Executive Officer of the NSDC, Kamar Bakrin, disclosed this when he received members of the Abuja chapter of the Chartered Institute of Directors on a courtesy visit to the council…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
BOI targets 80% loans for power, manufacturing sectors

The Bank of Industry has unveiled a financing strategy that will see 80 per cent of its lending to large enterprises channelled into priority sectors, including power, manufacturing, agribusiness, pharmaceuticals and digital infrastructure, as it positions itself at the centre of Nigeria’s industrial revival efforts. T…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
NCDMB urges oil firms to embrace digital portal for global competitiveness

…and engagement by industry stakeholders. The event, organised in partnership with the Bank of Industry and the Nigerian Export-Import Bank, also featured a technical session and an interactive panel discussion involving industry stakeholders from Akwa Ibom and Cross River states. Speaking at the stakeholders’ sensitisa…

Computers by nigerianewsfeed · 1 mon ago · 0 comments · 26 views
FG initiative targets capital gap in Nigeria's creative economy

…into sustainable businesses. The iDICE Programme is an FG initiative implemented by the Bank of Industry to support the technology and creative sectors through skills development, enterprise support and access to finance. Adebayo said the programme was designed to give creators a path from skills development to enterpr…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Coleman decries high gas prices amid $20m power investment

…to strengthen funding support for development finance institutions, particularly the Bank of Industry, to make affordable credit available to manufacturers and small businesses. The industrialist argued that manufacturing, agriculture and trade remained the sectors with the greatest capacity to create jobs and should r…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
NACCIMA offers firms $150m low-interest expansion loan

…the Joint NACCIMA-ODDO BHF Working Group Committee and former Managing Director of the Bank of Industry, Waheed Olagunju, and NACCIMA’s Digital Economy Coordinator and Chairman of the Digital Economy Trade Group, Segun Olugbile. The statement said the facility would provide qualified Nigerian companies with access to p…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
NACCIMA opens applications for $150m offshore expansion facility

…the Joint NACCIMA–ODDO BHF Working Group Committee and former Managing Director of the Bank of Industry, Dr Waheed Olagunju, alongside NACCIMA’s Digital Economy Coordinator and Chairman of the Digital Economy Trade Group, Dr Segun Olugbile. Established through a strategic partnership with Frankfurt-based commercial ban…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Everything Nigerians need to know before applying for FG's N50,000 conditional cash transfer

…by the Federal Ministry of Industry, Trade and Investment in partnership with the Bank of Industry (BOI).The programme is backed by a ₦50 billion fund designed to support up to one million nano businesses across Nigeria's 774 Local Government Areas and the Federal Capital Territory (FCT).Successful applicants receive a…

Jobs/Vacancies by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
Talks ongoing to revive textile factories, Ajaokuta — FG

…and expanding access to affordable long-term financing through institutions such as the Bank of Industry. Enoh added that the Nigeria First Policy was being implemented to encourage patronage of locally manufactured goods, while efforts were also underway to reduce manufacturers’ energy costs. “Energy accounts for abou…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 22 views
APC chieftain urges South-east students to access NELFUND

…to embrace entrepreneurship rather than wait for paid jobs, reminding them of the Bank of Industry and the Bank of Agriculture, which he said have disbursed billions of naira to support young entrepreneurs and small businesses. He said, “These initiatives complement the renowned entrepreneurial spirit of the Igbo peopl…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
How ₦1.1 Trillion Reached 700,000 Nigerian SMEs Amid Inflation and FX Challenges

…capital, while local institutions such as the Development Bank of Nigeria (DBN) and the Bank of Industry (BoI) have expanded wholesale lending programmes targeted at micro, small and medium-sized businesses.Mahmud added that Nigeria's foreign exchange challenges have also accelerated the shift toward naira-denominated…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 23 views
MAN warns inflation won't ease without reforms

…East. Ajayi-Kadir reported that the association advocated the recapitalisation of the Bank of Industry, the creation of additional concessionary lending windows for manufacturers, lower import costs for industrial machinery and essential raw materials, and long-term development finance to support investment and expansi…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 25 views
Stakeholders push reforms to sustain Nigeria's economic gains

…for 250,000 businesses and released hundreds of billions of naira through the Bank of Industry and Bank of Agriculture to dramatically improve access to affordable finance.” Oyedele also announced plans to strengthen collaboration between the state and the private sector, proposing “a Public Policy Private Partnership…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
Lagos to reduce commute time through Omi Eko project - Sanwo-Olu

…selected projects in Lagos, including those supported through its collaboration with the Bank of Industry. Lagos to reduce commute time through Omi Eko project - Sanwo-Olu

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 24 views
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