Browsing: Bank of Industry

The Bank’s Executive Director, Umar Shekarau, disclosed this during an investigative hearing into the N105 billion loan allegedly converted to Federal Government’s shares as contained in the audit query issued by the office of the Auditor General of the Federation.

The Bank of Industry has raised a €1 billion ($1.11billion) medium term syndicated facility from the international capital market in furtherance of its support for Micro, Small, Medium and Large enterprises across key sectors of the Nigerian economy.

Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, in a statement said the gesture was spurred by the successes recorded in the first 50 per cent discount window