….supports 12,500 MSMEs, 1,615 startups, deploys N644bn in 2025
The Bank of Industry (BOI) has unveiled its inaugural Annual Development Impact Report, revealing that it deployed N644 billion in development finance in 2025 to support more than 12,500 micro, small and medium enterprises (MSMEs) and 1,615 startups, while setting out plans to channel 35 percent of its 2026 financing to small-scale businesses.
The report, presented in Abuja on Thursday, provides the clearest picture yet of the development finance institution’s shift from a volume-driven lender to an impact-focused institution, with growing emphasis on measurable job creation, industrial expansion and inclusive enterprise growth.
Under its 2026 roadmap, BOI said it is repositioning itself to play a more strategic role in Nigeria’s industrialisation agenda by deliberately steering capital towards priority sectors and underserved enterprise segments.
At the top of that strategy is a commitment to channel more than one-third of total financing this
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