x

BOI to review support for businesses affected by COVID-19

The Bank of Industry said it will review strategies for continuous support for businesses, especially, those affectedby Covid -19 pandemic.

The bank’s Managing Director, Mr. Kayode Pitan, disclosed this during a webinar on how to overcome business challenges caused by the Covid-9 pandemic.

He listed the deepening of focus in agro-processing, local technology development and the stimulation of the healthcare sector.

The Managing Director, noted that the small and medium businesses will encounter huge crises in securing circulating capital for daily routines.

The Bank of Industry has already reduced 2% on direct loans to customers for a period of one year.

Hot this week

NNPC Foundation’s Training for Vulnerable Farmers in Kano Earns Praise

By Jabiru HassanKANO, Nigeria – Farmers in Kano State...

Tinubu Approves 100Km Stretch of Lagos-Calabar Coastal Highway Through Edo State

Umahi praises Gov. Okpebholo, contractor CBC for infrastructure effortsBy...

Africa’s infrastructure deficit takes spotlight at pre-G20 event

..Two-day side event in Johannesburg seeks to mobilize global...

Minister Nnaji’s Certificate Scandal: CACOL Demands Immediate Sack and Prosecution

***By Jabiru Hassan**The Centre for Anti-Corruption and Open Leadership...

CSO Calls for Abolition of CBN’s 2% Service Charge on Hajj Fare

**By Jabiru Hassan**The Independent Hajj Reporters (IHR), a civil...

Engr. Abba Kabir Yusuf Deserves Royal Treatment

**By Kamaluddeen Sani Shawai**When a leader restores hope and...

Ogwashi-Uku Union Accuses ODA of Attempting to Incite Unrest

*...Says Allegations Against Monarch Baseless***By Anne Azuka**The Ogwashi-Uku Town...

Interfaith Mediation Centre to Host October 2025 Climate Hangout in Kaduna

**By Achadu Gabriel, Kaduna**The Interfaith Mediation Centre (IMC) is...

LAND USE CHARGE: KGIRS Offers Rebates, Urges Property Owners to Pay Voluntarily

**By Noah Ocheni, Lokoja**The Kogi State Internal Revenue Service...

APC National Chairman Nentawe Launches 14-Day Free Medical Outreach in Plateau

**By Israel Adamu, Jos**The National Chairman of the All...

Ododo Storms Isanlu-Esa, Vows to Crush Criminality in Kogi

**By Noah Ocheni, Lokoja**Kogi State Governor, Alhaji Ahmed Usman...

Related Articles

Popular Categories

spot_imgspot_img