This page about a brief History on Bank of Industry (BoI), A Federal Government Agency in Nigeria.
Bank of Industry (BoI)
Bank of Industry Limited began operations in 1959 as the Investment Corporation of Nigeria (ICON) Limited. In 1964, ICON Limited was reconstituted to become the Nigerian Industrial Development Bank (NIDB) Limited under the guidance of the World Bank.
Bank of Industry is the oldest and largest Development Finance Institution (DFI) currently operating in Nigeria. It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria.
Bank of Industry (BoI) Gifmis code
Bank of Industry (BoI) Function
Bank of Industry is charged with the disbursement of funds to suppliers of equipment and making sure that the machines are well received, ensuring the cost quoted for the equipment is worth the value stated.
They also assist in finding a means getting fund. The Bank enters negotiation terms with the financial institutions, assisting in the application process for the loans.
Nigeria Bank of Industry make sure that business growth is succeeded by ensuring that businesses applied for loan gets it where and how they want it.
Bank of Industry also assists in the buying of plants and equipment.
Bank of Industry (BoI) Duties
The employment generate, with preference for enterprises with potential to generate foreign exchange.
The industry Stimulate the economic activities throughout the country and mobilization of local resources towards progressive and sustainable growth and development of the economy.
The federal government industrial policy focuses, within the framework of needs.
Bank of Industry (BoI) Headquarters
23, Marina Street, Lagos, Nigeria
Bank of Industry (BoI) Zonal office
Akure (South West Zonal Office) BOI House Owo Road PMB 804 Akure
Enugu (South East Zonal Office)
BOI House 47 Coal City Estate, Behind CBN Building Enugu State
Bauchi (North East Zonal Office)
BOI House Maidugiri Road PMB 245 Bauchi State
Kaduna (North West Zonal Office)
BOI House 18 Muhammadu Buhari Way, PMB 2141 Kaduna
Asaba (South South Zonal Office)
Plot 25, Block 111 Phase IV Okpanam Road PMB 5099 Asaba
Port Harcourt
Plot 162, Road 32, Off Ordinance Road,Trans Amadi Industrial Layout, Port Harcourt, Rivers State.
Calabar
115 Marian Road, Calabar, Cross River State.
