BOI Disburses N644.9bn in 2025 Development Report

The Bank of Industry (BOI) unveiled its maiden development impact report, marking a significant milestone in the institution's evolution. Dr. Olasupo Olusi, Managing Director and Chief Executive Officer of BOI, stated that 2025 was a defining year for the development finance institution, coinciding with the first full year of implementing the bank's 2025-2027 corporate strategy.

The report disclosed that BOI disbursed a total of N644.9 billion to nano, micro, small, medium, and large enterprises across Nigeria during the review year. Notably, 30% of the financing was directed towards nano, micro, small, and medium enterprises (MSMEs), with 20% supporting women and youth-led businesses, underscoring BOI's commitment to inclusive economic growth.

The bank's interventions are estimated to have generated approximately 1.68 million jobs, comprising both direct and indirect employment across multiple value chains nationwide. The financing extended across 14 strategic sectors of the economy, aligning with Nigeria's industrial agenda for 2025.

Senator John Enoh commended the report for its focus on measuring development outcomes rather than merely highlighting disbursement figures.