Bank Of Industry, Nigeria

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Bank Of Industry, Nigeria We support Nigerian enterprises with funding and business advisory services.
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We are here to fuel your ambitions, unlock opportunities, and drive sustainable growth to shape a brighter future for Nigerian businesses. The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution (DFI). It exists to facilitate the transformation of Nigeria’s industrial sector by providing financial and advisory support for the establishment of large, medium and small projects/ enterprises, and the expansion, diversification, rehabilitation and modernisation of existing enterprises. This commitment has continuously driven us to develop innovative strategies, interventions and solutions that are propelling the Nigerian economy towards sustained growth. The Bank continues to support growth across various sectors including Agro and Food Processing, Creative Industries, Engineering and Technology, Healthcare and Petrochemicals, Oil and Gas, Renewable Energy and Solid Minerals; leveraging its 30 state offices nationwide. Our drive for developmental impact is far-reaching, cutting across vital industrial sectors, geopolitical zones and multilateral stakeholders. In doing so, we are focused on nurturing and expanding the emerging sectors of our economy, whilst supporting established segments for increased global impact.

07/09/2026

Less manual work. More growth. Less wahala!

For Depeju Foods , going digital meant moving from manual processes to smarter, more efficient business management.

Founder Abolanle Adeniyi shares how Bumpa has transformed the way she manages inventory, customers, invoices and day to day operations.

As part of the BOI and Bumpa’s collaboration, BOI sponsored Depeju Food Hub’s Bumpa subscription, giving the business access to digital tools that make running the business easier.

04/09/2026

Highlights from the BOI Series 1 Development Bond Signing Event.

A milestone in mobilising capital to drive Nigeria’s industrial growth and development.

The Bank of Industry has formally signed the transaction documents for its ₦274.1868 billion Series 1 Development Bond, ...
04/09/2026

The Bank of Industry has formally signed the transaction documents for its ₦274.1868 billion Series 1 Development Bond, a 17.60% five-year fixed-rate bond due 2031.

More than a financing transaction, the bond represents a strategic step towards deepening Nigeria’s domestic capital market and mobilising long-term Naira capital to support businesses, expand productive capacity, create jobs and strengthen local value chains.

It is also a strong vote of confidence in BOI’s mandate and its role in driving Nigeria’s industrial and economic transformation.

As we mark this milestone, the focus remains clear: mobilise more capital, reach more businesses and create greater development impact.

28/08/2026

Investing in Nigeria’s youth and equipping entrepreneurs to thrive remains a key focus for the Bank of Industry.

Through BOI’s partnership with Bumpa, young entrepreneurs and SMEs are accessing digital tools to reach more customers, simplify transactions and grow their businesses.

For Cornerstone Beddings, Bumpa has strengthened its digital presence, customer engagement and opportunities for growth.

Beyond financing, BOI remains committed to providing Nigerian entrepreneurs with the tools and opportunities to build sustainable businesses and drive economic growth.

At the 66th Annual General Meeting, BOI reaffirmed its commitment to driving sustainable industrial development across N...
21/08/2026

At the 66th Annual General Meeting, BOI reaffirmed its commitment to driving sustainable industrial development across Nigeria.

As an impact-driven development finance institution, our work goes beyond providing capital. We support enterprises, strengthen local production, enable job creation and partner with states and key stakeholders to advance industrialisation and economic diversification.

Through strategic financing, partnerships and targeted interventions, BOI continues to channel capital where it can create lasting economic and social impact.

Our focus remains clear: enabling sustainable enterprises, strengthening Nigeria’s productive capacity and improving lives.

The Board of Directors of the Bank of Industry (BOI) paid a courtesy visit to the African Medical Centre of Excellence ...
21/08/2026

The Board of Directors of the Bank of Industry (BOI) paid a courtesy visit to the African Medical Centre of Excellence in Abuja, where they toured the facility and engaged with its leadership on the Centre’s progress and impact.

In its first year of operation, AMCE recorded over 12,000 patient visits, treated more than 2,600 patients and performed 399 surgeries, serving patients from 23 countries.

As an investor and strategic partner in AMCE, BOI’s investment reflects its impact-driven approach to development financing, supporting projects that strengthen critical infrastructure, expand access to quality healthcare and deliver measurable outcomes for Nigerians.

19/08/2026

Through the MTNF–BOI Y’ellopreneur 3.0 Programme, Bank of Industry and MTN Foundation are supporting the growth of women-led businesses across Nigeria.

As part of the ₦1 billion Matching Fund Programme, selected women entrepreneurs will pitch their businesses before an evaluation panel, marking another important step towards accessing the financing and support needed to scale sustainable enterprises.

The initiative reflects BOI’s continued commitment to expanding access to finance and creating opportunities for women entrepreneurs to build stronger, more resilient businesses.

BOI’s oversubscribed ₦250 billion Series 1 Bond represents more than a strong capital-market debut. It signals instituti...
18/08/2026

BOI’s oversubscribed ₦250 billion Series 1 Bond represents more than a strong capital-market debut. It signals institutional confidence in BOI and demonstrates the capacity of Nigeria’s domestic market to mobilise long-term capital for productive investment.

By complementing its established international funding channels with deeper domestic mobilisation, BOI is strengthening its capacity to finance eligible enterprises across priority sectors, supporting productive capacity, local value addition, employment creation and economic diversification.

Swipe to learn what the outcome signals for BOI and Nigeria’s domestic capital market.

Bank of Industry has concluded the bookbuild for its ₦250 billion Series 1 Fixed Rate Bond, closing oversubscribed follo...
17/08/2026

Bank of Industry has concluded the bookbuild for its ₦250 billion Series 1 Fixed Rate Bond, closing oversubscribed following strong demand from a broad base of institutional investors.

The bond attracted Pension Fund Administrators, banks, corporates and Development Finance Institutions, including anchor participation from NSIA and IFC, reflecting confidence in BOI's credit profile.

The transaction deepens BOI's funding base and strengthens Nigeria's capacity to mobilise long-term development capital domestically. For BOI, it means greater capacity to finance Nigerian businesses, support industrial expansion, and create jobs.

Read the full statement on the BOI website.

Address

23, Marina Road, Lagos Island
Lagos

Opening Hours

Monday 08:00 - 15:30
Tuesday 08:00 - 15:30
Wednesday 08:00 - 15:30
Thursday 08:00 - 15:30
Friday 08:00 - 15:30

Telephone

+2347002255264

Website

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