Menu
Subscribe for scholarship alert.
Be among the first to know whenever new Bank of Industry Limited (BOI) scholarship is going on. Enter your email address and click the Subscribe button ↓
Like our website? Follow us on Facebook

Bank of Industry Limited (BOI) Scholarships

The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution. It was reconstructed in 2001 out of the Nigerian Industrial Development Bank (NIDB) Limited, which was incorporated in 1964. The bank took off in 1964 with an authorized share capital of 2 million (GBP).

The International Finance Corporation which produced its pioneer Chief Executive held 75% of its equity along with a number of domestic and foreign private investors. Although the bank’s authorized share capital was initially set at N50 billion in the wake of NIDB’s reconstruction into BOI in 2001, it has been increased to 250 billion in order to put the bank in a better position to address the nation’s rising economic profile in line with its mandate.

Following a successful institutional, operational and financial restructuring programme embarked upon in 2002, the bank has transformed into an efficient, focused and profitable institution that is well placed to effectively carry out its primary mandate of providing long term financing to the industrial sector of the Nigerian economy.

Popular Scholarships

Scholarship Tips

 
Cookies help us analyze your behavior in order to improve your experience; and third parties use them to create personalized advertising. By continuing to use our website, you agree to our Privacy and Cookie Policy. Ok