Bank of Industry Launches GLOW Initiative to Empower Women-Owned Businesses

The Bank of Industry (BOI) has introduced an innovative program titled GLOW (Guaranteed Loans for Women) — a financial and business empowerment initiative designed to support women entrepreneurs and gender-forward businesses across Nigeria. Read more about Opportunities Empowering Women Through Finance and Mentorship GLOW is crafted to help women-owned enterprises access the resources they need […]
Application For the Bank of Industry RAPID Program

If you’re a micro, small, and medium enterprise (MSME) based in a rural area in Nigeria and you are looking for funding, the Bank of Industry (BOI) has extended the application period for the Rural Area Program for Investment and Development (RAPID). The new deadline date is set for June 12, 2024, and is […]
The Bank of Industry (BOI) Rural Area Program on Investment for Development (RAPID) 2024

Applications are currently being accepted for the 2024 Bank of Industry (BOI) Rural Area Program On Investment for Development (RAPID). This initiative aims to support communities in rural and economically disadvantaged areas by facilitating the development of enterprises that can create jobs, enhance living standards, foster national growth, and address issues of insecurity stemming […]
The BOI-LBS Business Innovation Accelerator Program 2023

The Bank of Industry (BOI), in collaboration with the Lagos Business School (LBS), is organizing an Innovation Business Accelerator for SMEs. This program runs with the aim of improving SME success rates, boosting their ability to create jobs, reducing loan default rates, and equipping entrepreneurs with the technical, managerial, financial, and leadership skills they […]
Bank of Industry (BOI) 2023 Entrepreneurship Program

If you are a budding entrepreneur and you’d like to gain the knowledge you need to build a successful business in Nigeria, you may consider applying to take part in the Bank of Industry (BOI) Entrepreneurship Program. Read more about Opportunities This initiative is specifically designed for entrepreneurs whose businesses are solving pressing problems […]
Win ₦1 Million in the Sixty-Day App Development Challenge for Young Developers

The Federal Ministry of Youth and Sports Development, in collaboration with the Bank of Industry (BOI), is organizing the Sixty-Day App Development Challenge. The program, which is designed for young Nigerian app developers, will identify and reward persons who build apps that solve a challenge in a crucial aspect of life in the country. […]
How To Get A Loan From The Bank Of Industry (BOI)

If you’re a business in Nigeria and you’re looking for external funding for your productive operations, you can apply to the Bank of Industry for that loan. The bank grants loans at relatively low interest rates and fair tenures to profitable enterprises that meet its criteria. Read more about How To A Brief Introduction […]
Union Bank Intervention Funds – DBN & BOI for Women

The growth and development of the Nigerian economy largely depends on the success of Micro, Small and Medium Enterprises (MSMEs). This is evident in the report released by the Small and Medium Enterprises Development of Nigeria (SMEDAN) which noted that MSMEs are a very important part of the Nigerian economy, representing 96% of the businesses […]
Up to ₦3 Million Grant Available for Franchises by the FBDS

If you run a growing business and you’re seeking to expand to new locations, here’s a chance to get the support you need to make it happen. The Franchise Business Development Service (FBDS), Nigeria’s pioneer franchise consulting service, is organizing the Naija Biz Scale Up event for entrepreneurs who want their brands to reach new […]
2018 LCCI Members’ Day Exhibition And Networking Event

The Lagos Chamber of Commerce & Industry is set to hold its 2018 Members’ Day Exhibition and Networking event with the theme ‘Exhibit, Sell & Network’. Asked about the Exhibition, Mr. Paul Babatunde Ruwase, FCA, President, Lagos Chamber of Commerce and Industry has said that this is the fifth in the series. The event helps to […]
Nigeria’s Multi Billion Naira Leather Industry

Kano, Northern Nigeria’s foremost commercial hub, is home to a large leather industry. Its tanneries are a hive of activity every other day, with men working hides and skins into material suitable for cobbling into shoes and threading into bags. These traditional style tanneries are among the country’s oldest; but they’re also its biggest suppliers […]
MarketMoni: An Interest-Free Loan for MSMEs

The Bank of Industry, through its MarketMoni program, is providing interest-free loans to microscale businesses. This funding package is part of the institution’s Government Enterprise and Empowerment Program (GEEP), initiated to provide financial aid to MSMEs and unbanked entrepreneurs. MarketMoni solves a major drawback suffered by small businesses: access to quick, low-cost lines of credit. […]
Africa’s Largest Egg Plant Will Be Inaugurated In Ondo State

The Federal Government is setting its sights on saving Nigeria at least $1 billion in foreign exchange, with its planned inauguration of a large eggplant in the country’s South West. News of the plant’s impending launch broke on Tuesday. The egg powder production plant is being set up through a partnership between the Ondo State […]
NYSC Lauches Job Portal For Corp Members

National Youth Service Corps has launched a curriculum vitae repository services and a job portal in furtherance of its drive to increase opportunities for fresh graduates. The job portal is created to help employers find corps members with requisite skills and qualifications that would coordinate the needs of the organization. portal.nysc.org.ng, is an initiative of the NYSC Lagos State Coordinator, the Skills Acquisition and Entrepreneurship […]
Nigeria Today: Top 5 News Stories, Friday, Dec 16th, 2016

1. Nigeria’s environment minister, Amina Mohammed, has been confirmed as United Nations Deputy Secretary-General. 2. To support trade and investment, plans are underway for the dualization of the Abakiliki-Afikpo federal highway in Ebonyi State. 3. Nominees for the Africa Magic Viewers’ Choice Awards (AMVCA) have been announced; voting is ongoing and will end on […]
Nigeria Today: Top 5 News Stories, Tuesday, Dec 6th, 2016

1. The Federal Government has moved to stop the importation of 571,000 tonnes of foreign rice into Nigeria’s borders. 2. Huawei Technologies in partnership with Fortis Project Limited have commenced the construction of an Information and Communications Technology centre in Lagos State. 3. The Bank of Industry (BoI) has enlisted 200 beneficiaries in Kano for the ₦140 […]