The Bank of Industry (BOI)
Bank of Industry, Nigeria
The Bank of Industry (BOI) is a Nigerian industrial bank created in the year 2001.[1]
Overview
The bank was established with an authorized share capital of $400Million. Shareholders at creation are made of Ministry of Finance (59.4%), Central Bank of Nigeria (40.36%) and private sector take the balance. It was extracted from National Industrial Development Bank, The Nigerian Bank for Commerce and Industry and National Economic Reconstruction fund.[1]
Priorities
The BOI among other sectors in Nigerian focuses:
- Agro-Industry,Texttiles and Leather
- Polymer-based industry
- Solid Minerals
- Local Content initiative in telecoms,oil and gas
- ICT services
References
- 1 2 Voker, Treichel (17 June 2010). Putting Nigeria to Work: A Strategy for Employment and Growth. World Bank Publication. p. 137. Retrieved 21 October 2016.
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