Tinubu Appoints Akinde, Uz’Okpala as Executive Directors at Bank of Industry

President Bola Tinubu has approved the appointments of Rotimi Akinde and Ifeoma Uz’Okpala to the positions of Executive Director for Corporate Finance and Risk Management and Executive Director for the Large Enterprises Directorate, respectively, at the Bank of Industry (BOI). The bank spokesperson, Theodora Amechi, announced that these appointments are effective immediately. Akinde brings over … Read more

FG Set To Disburse N200 Billion To Manufacturers, Traders, Vendors, Others To Boost Local Production

Bola Tinubu

Eko Hot Blog reports that the Federal Government through the Bank of Industry (BOI) has announced that it will award three funding categories totalling N200 billion to assist companies and manufacturers nationwide. A statement from the development bank mentioned that the money was from the FGN MSME Intervention Fund, the FGN Manufacturing Sector Fund, and … Read more

Rotary Club Of Lagos To Commission Six Classrooms, BoI-funded Library At Ilara Model School In Epe

The Rotary Club of Lagos facilitated the construction of six classrooms at the Ilara Model Primary School in Epe. The Bank of Industry (BoI) provided the funding for equipping a library at the school. The Rotary club is set to commission the projects. Eko Hot Blog reports that the Rotary Club of Lagos has announced … Read more

BOI, LSETF, CPPE, SMEDAN, Others Hail Senator Abiru’s N300m MSMEs Loan Scheme

By Babatunde Kaka Eko Hot Blog reports that Top finance and business organisations across Nigeria were full of praises for Tokunbo Abiru, senator representing Lagos East Senatorial District at the National Assembly, as he unveiled a N300 million revolving loan scheme for his constituents. Eko Hot Blog reports that the senator unveiled the loan scheme … Read more

Tribute To Madam Dupe Majekodunmi

Tribute to Madam Dupe Majekodunmi I have known “Mama Nike” all my life but there was a long break when she left for England at a very tender age. My recollection is that it was my father, Chief J.K. Randle who doted on her that accompanied her to her new school and foster parents in … Read more

Abiru Kicks Off Capacity Development Training For 1000 MSMEs In Lagos East

Sen. Tokunbo Abiru

Senator Abiru kicks off capacity development training for 1000 MSMEs in Lagos East ….Gives Knowledge Pack To 1000 Trainees …Announces N100million Constituency Intervention Revolving Loan For MSMEs EKO HOT BLOG reports that the Chairman, Senate Committee on industries, Senator Tokunbo Abiru, on Monday has flagged off a capacity development training for 1000 Micro, Medium and … Read more

BoI Records N39.33b Profit, Disburses N234b To 10,145 Enterprises

The Bank of Industry (BoI) has recorded a profit of N39.33 billion for the 2019 financial year. The bank said in a statement that it disbursed N234 billion to 10,145 enterprises, thus facilitating the creating of an estimated 1 million direct and indirect jobs. The group’s total equity, it said stood at  N293.09 billion showing … Read more