Tag Archives: BoI

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Rural energy access and the future of SMEs by BOI

Rural energy access and the future of SMEs by BOI

As Nigeria battles to improve the electricity generation and supply nationwide, the recent initiative of the Bank of Industry that led to the commissioning of the 48kw pilot model off-grid solar home systems in two rural communities in the North-East and South- West zones of the country is one that may not only assist in

Bank-of-Industry

BoI Grants Power Sector, SMEs N437b Loan

(Source: The Nation) The Bank of Industry (BoI) disbursed N437.39 billion out of the N535 billion it got from the Federal Government for financing projects in the power and Small and Medium Scale Enterprises (SMEs) sectors of the economy. Its General Manager, Operations, Joseph Babatunde said in a report that the funds comprised Central Bank

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