BOI, Nigeria’s oldest financier, posts biggest ever profit

BoI disburses N989m Cassava Bread Fund to 100 beneficiaries

BoI is committed to the successful implementation of Cassava Bread Fund Scheme, according to a statement from the bank.

The Bank of Industry (BOI), Nigeria’s oldest development finance institution, posted the biggest profit in its 22 years of existence in 2023 as the lender ramped up credit to businesses in Africa’s most populous nation. BOI’s profit before tax grew by 117.69 percent (N70.7 billion) to N1

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