Bank of Industry Limited

The Bank of Industry Limited (BOI) is a Nigerian development finance institution established to power the industrial development process of Nigeria. Reconstructed in 2001 from the Nigerian Industrial Development Bank (NIDB), its core mandate is to provide long-term financing and business support services to small, medium, and large enterprises across various sectors of the Nigerian economy. The bank is primarily owned by the Ministry of Finance Incorporated (MOFI) and the Central Bank of Nigeria (CBN), and it plays a crucial role in implementing the government's industrialization policies by funding projects with high development impact.