The Bank of Industry (BoI) has inaugurated a new office in Kogi State, aiming to accelerate inclusive economic development by supporting micro, small, and medium enterprises (MSMEs).
- BoI MD/CEO, Dr. Olasupo Olusi, emphasized that the bank’s expanded presence will empower youth- and women-led businesses, cooperatives, and industrial ventures in the state.
- He described the launch not just as an unveiling of a building, but as a strategic move to bring development finance closer to local entrepreneurs.
- The initiative aligns with BoI’s broader corporate strategy to:
- Deepen MSME support
- Promote access to affordable finance
- Strengthen key sectors: agriculture, manufacturing, solid minerals, creative and circular economies
BoI will also extend funding through programs like the ₦200 billion MSME Intervention Fund.
Dr. Olusi encouraged Kogi entrepreneurs to take full advantage of the bank’s offerings to stimulate innovation, create jobs, and add economic value.
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