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Nigeria

Bank of Industry

Bank of Industry is a leading development financial institution (DFI) in Nigeria. In 2020, the Federal Ministry of Finance held 94.8% of its issued share capital and the Central Bank of Nigeria held 5.2%. Its mandate is to provide long-term financing to Nigeria’s emerging industrial sector by supporting large enterprises and micro-, small, and medium-sized enterprises. The bank’s operations include agro and food processing, creative industries, engineering and technology, healthcare and petrochemicals, oil and gas, renewable energy, and solid minerals. The bank also manages dedicated funds and, through its subsidiaries, provides business advisory services, trusteeship, leasing, insurance and brokerage services.

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