BOI

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…

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

Oputu said owing to the confidence reposed in the management of the bank by the government as well as local and international development partners, its managed funds had increased considerably