• Home
  • Business
  • BOI Boosts Employment with Over 1.68 Million Jobs
Image

BOI Boosts Employment with Over 1.68 Million Jobs

According to a report by Premium Times Nigeria, the Bank of Industry (BOI) has disbursed a total of ₦644.9 billion in loans, marking a 26% increase. This significant rise in lending has resulted in the creation and support of over 1.68 million jobs across Nigeria. The BOI aims to further support underserved and youth-owned businesses, contributing to the nation’s employment and economic growth. The BOI’s efforts are seen as a step towards addressing unemployment and fostering entrepreneurship in the country.

Join the discussion

No discussion yet for this story.

Start a discussion about this

Related Posts

JP Morgan Granted CBN Approval to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria has granted JP Morgan approval to establish a merchant bank in Nigeria, according…

ByByGist Master Oct 27, 2026

First HoldCo Appoints New Non-Executive Director

Nigeria’s First HoldCo has appointed a new non-executive director, following guidelines set by the Nigerian Exchange Limited (NGX)…

ByByGist Master Oct 27, 2026

Media Trust Group Unveils Integrated Digital Newsroom in Abuja

The Media Trust Group, a leading Nigerian media organization, has launched a converged digital newsroom in Abuja.

ByByGist Master Oct 27, 2026

Cardoso Pursues Stronger Banking and Payment Ties with China

The Central Bank of Nigeria (CBN) is working to establish more efficient cross-border payment systems, strengthen banking relationships,…

ByByGist Master Oct 27, 2026