June 28, 2017 7:55 PM ET

Diversified Financial Services

Company Overview of Bank of Industry Limited

Company Overview

Bank of Industry Limited offers financial support and loans for development of industries in Nigeria. The company provides financial assistance for establishment of large, medium, and small projects; expansion, diversification, and modernization of existing enterprises; and rehabilitation of ailing companies. Additionally, it offers advisory services. The company was formerly known as Nigerian Industrial Development Bank Limited and changed its name in October 2001. Bank of Industry Limited was incorporated in 1964 and is headquartered in Lagos, Nigeria.

23, Marina

P.O.BOX 2357



Founded in 1964


234 1 2715 070 99


234 1 2705081

Key Executives for Bank of Industry Limited

Chief Executive Officer, Acting Managing Director and Executive Director
Executive Director
Executive Director
General Manager
General Manager
Compensation as of Fiscal Year 2016.

Bank of Industry Limited Key Developments

Aliko Dangote In Bid For Peugeot Deal

Aliko Dangote has made a bid for a majority stake in Peugeot Automobile of Nigeria Ltd. from AMCON, Inc. The consortium is made up of Aliko Dangote, Kaduna and Kebbi states, as well as the Bank of Industry Limited. “We have submitted bids for the car-maker with Aliko Dangote on board together with BoI, Kebbi and Kaduna State, we are confident our bid will sail through,” El-Rufai told a conference, without providing further details.

Bank of Industry Unveils N1 Billion Fund

Bank of Industry (BoI), has unveiled a N1 billion fund to support Nigeria's fashion industry, to further deepen its market penetration and intervention to specific SME clusters. According to the bank, the move is designed to ensure that Nigeria's fashion industry takes a share of the $1 trillion global market through a cluster intervention that will see the industry increasing their production volumes and quality, thereby making them more competitive in both domestic and international markets. Besides, the bank disclosed plans to support production hubs set-up by fashion designers in the country as part of efforts to ensure encourage mass production of made-in-Nigeria apparels, brands and designs.

Similar Private Companies By Industry

Company Name Region
Africa Finance Corporation Middle East/Africa
Aquila Capital Limited Middle East/Africa
Bank of Industry Limited Middle East/Africa
Bankers Warehouse Plc Middle East/Africa
Charks Investment Limited Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Bank of Industry Limited, please visit www.boinigeria.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.