HomeBusinessBOI unveils Development Impact Report, disburses N644.9bn, supports 1.68 million jobs

BOI unveils Development Impact Report, disburses N644.9bn, supports 1.68 million jobs

The Bank of Industry (BOI) has launched the inaugural edition of its Annual Development Impact Report, marking a major milestone in the institution’s evolution from measuring success by the volume of loans disbursed to assessing the tangible socio-economic impact of its interventions.

Speaking at the unveiling in Abuja on Thursday, the Managing Director and Chief Executive Officer of BOI, Dr Olasupo Olusi, described 2025 as a defining year for the development finance institution, noting that it was the first full year of implementing the bank’s 2025–2027 Corporate Strategy.

According to him, the strategy repositioned BOI to prioritise measurable development outcomes alongside financial performance.

Olusi disclosed that the bank disbursed a total of N644.9 billion to nano, micro, small, medium and large enterprises across Nigeria during the year under review.

He revealed that more than 30 per cent of the financing was channelled to nano, micro, small and medium enterprises (MSMEs),

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