The Bank of Industry says it disbursed a record six hundred and thirty-six billion naira to more than seven thousand businesses across Nigeria in 2025, the highest annual financing in its history. In its 2025 impact report released on Wednesday, the development finance institution said the funds supported enterprises in manufacturing, agribusiness, MSMEs, infrastructure, power, ICT and the creative sector.
According to the report, sectoral allocations included two hundred and two billion naira to agro-allied businesses, one hundred billion to infrastructure, seventy-nine billion to manufacturing, seventy-seven billion to extractive industries and fifty-five billion to services. The bank said the disbursements were backed by a two billion euro syndicated facility secured at the end of 2024, the federal government’s two hundred billion naira MSME loans and grants scheme, and an additional two hundred and ten million euros mobilised in 2025.
BOI said it maintained a non-performing loan ratio of less than one point five percent and recorded over ninety-five percent performance under the federal government’s intervention programme. It added that its funding created and retained one point six million jobs, supported more than seven thousand new MSMEs and five hundred and seventy start-ups. A breakdown shows fifty-one billion naira went to nano enterprises, thirty-two billion to micro businesses, one hundred and seventy-eight billion to SMEs and three hundred and seventy-five billion to large enterprises.
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President Bola Tinubu, in a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, commended the bank’s performance, describing it as evidence of reform-driven credibility. BOI’s Managing Director and Chief Executive Officer, Olasupo Olusi, said the milestone aligns with the federal government’s drive for industrialisation and inclusive growth.
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