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Institute, NEXIM, BOI to train Edo youth on agric, mineral resource processing, export

Riding on the growing influx of investors into the state, the Institute of Export Operations and Management (IEOM) said it has concluded plans to work with financial institutions on the training of Edo youths as well as providing them with financial support for processing and packaging agricultural products, mineral resources and art and craft products for export.

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BoI protests disbandment bid

THE   Acting Managing Director of Bank of Industry, BoI Waheed Olagunju, yesterday against moves by the Senate   to disband it following plans   to establish National Development Bank of Nigeria (NDBN). If the Bill for an Act to establish the National Development Bank of Nigeria,(Establishment etc.) Bill, 2016 scales through, passed into law and assented to by the President, the BoI will no longer exist as the new bank would have taken over the hitherto functions of BoI.

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How to get loan from BoI (4)

LAST week we outlined some important pre-requisites one has to bear in mind before approaching the Bank of Industry, BoI, for loans which included the collateral requirements, as well as evidence of on-going business successes, where, under its general risk acceptance criteria, BoI requires a prospective borrower to have at least three years acceptable performance track record.

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How to get loan from BoI (4)

LAST week we outlined some important pre-requisites one has to bear in mind before approaching the Bank of Industry, BoI, for loan which included the collateral requirements, as well as evidence of on-going business successes, where, under its general risk acceptance criteria, BoI requires a prospective borrower to have at least three years acceptable performance track record.

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How to get loan from BoI (4)

LAST week we outlined some important pre-requisites one has to bear in mind before approaching the Bank of Industry, BoI, for loan which included the collateral requirements, as well as evidence of on-going business successes, where, under its general risk acceptance criteria, BoI requires a prospective borrower to have at least three years acceptable performance track record.

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BoI’s loan to Kaduna MSMEs hits N47bn

THE Bank of Industry (BoI) has disbursed loan in excess of N47billion to support entrepreneurs in Kaduna State in the micro, small and medium enterprises, MSMEs, category, Managing Director of the bank, Mr. Olukayode Pitan, has said. Pitan, who disclosed this at a meeting with the Kaduna State governor, Mallam Nasir el-Rufai, added that the loan facility engendered over 84,500 direct and indirect jobs.

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