Business News

Banking sector should support entrepreneurship — Pitan

Ihesiulo Grace 5 December 2019 0

Lagos – The Bank of Industry (BOI), on Wednesday in Lagos, urged the banking sector to endeavour to play its part in supporting entrepreneurship in a sustainable way in the country. Mr Olukayo Pitan, Chief Executive Officer of BOI, made the call at the Entrepreneurial Development

Africa Business Capital Market

Lafarge Africa investors approve sale of subsidiary for $316m

Ihesiulo Grace 23 July 2019 0

Motolani Oseni Shareholders of Lafarge Africa Plc on Monday unanimously approved the proposed sale of Lafarge South Africa Holding Limited (LSAH) to LafargeHolcim Group for $316.2 million. They gave the approval at the company’s 60th Annual General Meeting (AGM) in Lagos. Speaking at the meeting, Mr Mobolaji Balogun, the company’s Chairman, said that LSAH sale […]

News

MSME: Kaduna Begins Disbursement of N1 Bn Intervention Fund

Ihesiulo Grace 15 May 2015 0

  In its bid to support the operators of Micro, Small and Medium Enterprises (MSMEs) in Kaduna State, the state government on Thursday began the disbursement of another N1 billion intervention fund. The programme, which was executed in partnership with the Bank of Industry (BOI), was to support the accelerated development of the state through […]

Banking Business

BoI to Secure Licence for off-Grid Power Generation

Ihesiulo Grace 8 April 2015 0

The Bank of Industry (BoI) in its bid to complementing the efforts of govern ment to explore other sources within the energy mix said that plans have reached advanced stage for it to secure li cense for solar power gen eration in rural communities across the country. Managing Director/ Chief Executive Officer, BoI, Mr. Rasheed […]