Speaking at the commissioning of the Second Tower of BOI building, President Buhari said that the Bank has continued to successfully execute its mandate as a policy institution of the Federal Government, extending single digit interest rate loans to manufacturers.
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Prof. Osinbajo made this assertion Monday during the MSME Clinics Stakeholders’ review meeting at the Presidential Villa, attended by heads and representatives of agencies including SMEDAN, BOI, NEXIM, BOA, SON, FIRS, NAFDAC and others.
The fund was launched during a citizens’ engagement session organized by the Edo State Skills Development Agency, also known as EdoJobs, held at the Government House, in Benin City.
“Not given to frivolities, he is a serious-minded person and that is almost evident in his visage,” said one of his associates. “Long after he has spoken, you still have so much to chew on; you see, there is a vast difference between knowledge and wisdom, but he is rich in both.”
The Bank of Industry has presented loan certificates of N50,000 each to 78 Small and Medium Entrepreneurs to boost their businesses.
The Bank of Industry and All On have announced the establishment of a N1 billion Niger Delta Off-Grid Energy Fund.
Pitan said this while speaking with newsmen shortly after the Vice President, Prof. Yemi Osinbajo, inspected the Command Centre where Tradermoni is being monitored and tracked at BOI Corporate office in Abuja.
The Permanent Secretary said this in his opening remark at the commencement of the 10th National Council on Industry, Trade and Investment in Umuahia, Abia State on Tuesday.
The programme, through Tradermoni, targets two million petty traders across the country for N10,000 for each trader with repayment tenure of six months.
Alhaji Sani Shehu, the President of the association, disclosed this in an interview with the News Agency of Nigeria on Sunday in Abuja.
TraderMoni, one part of the two-year-old Government Enterprise and Empowerment Programme, was conceived to be of benefit to all Nigerian groups, an official of the Bank of Industry says.
Vice- President, Yemi Osinbajo, who spoke in Iwo at the inauguration of the empowerment programme, said the initiative was part of measures aimed at reducing poverty at the grassroots.
The withdrawal was announced by the State Commissioner for Commerce and Industry, Ugo Nnachi, at the Executive Council Chambers, Government House
Kayode Pitan, the Managing Director of BOI, made this known at the opening of the GEF training on Monday in Katsina.
The Managing Director of BoI, Kayode Pitan, made the disclosure at the bank’s celebration of the 2018 International Women’s Day in Lagos.
According to El-Rufa’i, the step is part of efforts to revive ailing industries in the state to provide huge employment opportunities to the teeming unemployed youths in the region and Kaduna State in particular
Top officers of the Bank – Cynthia Nwuka, Group Head, Creative Industry; and Okey Madu, Assistant Manager – were last weekend at Shere, a desert and current set of the movie located in Jos, Plateau State, where more than 200 cast and crew members were shooting a war scene that exemplifies one of the travails of the historical queen, played by Lucy Ameh
He said the volume of the bank’s non-performing loans was relatively high in the past, but the bank had embarked on initiatives to manage it downward, including loan recovery
The Managing Director of the bank, Rasheed Olaoluwa, announced this on Friday in Lagos during the induction of 10 customers into its hall of fame
This information was contained in a feedback document made available to the Ministry of Industry