Businesses That Can Access Loans FromThe Bank Of Industry (BOI)

The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution.

The Bank of Industry (BOI) was established by the Federal Government of Nigeria to provide financial assistance for the establishment of small and medium enterprises.

The businesses that are qualified to seek loans from the Bank of Industry are:

  1. Adire (Tie and Dye)/Aso Oke
  2. Animal Feeds
  3. Aquaculture
  4. Bakery
  5. Blocks and Interlocking Stones
  6. Bottled Water
  7. Ceramics & Tiles
  8. Chemicals and Paints
  9. Cosmetics/Hair Products
  10. Dairy
  11. Digital Printing/Multimedia Publishing
  12. Doors and Window Frames
  13. E-Commerce/Information & Communications Technology (ICT)
  14. Fashion/Garmenting
  15. Fish Smoking/Drying
  16. Food Processing (comprising processing of agricultural products)
  17. Foundries/Metal Fabrication/3-D Printing
  18. Fruit Juice
  19. Furniture/Wood Processing
  20. Gemstones
  21. Greenhouses
  22. Laundry and Dry Cleaning
  23. Leather/Footwear
  24. Liquefied Petroleum Gas/Compressed Natural Gas
  25. Meat Processing
  26. Mechatronics
  27. Health Care (Medical Diagnostics)
  28. Laboratory/Orthodontist/Ophthalmology/Physiotherapy)
  29. Movie Production (Nollywood)
  30. Plastics
  31. Quick Service Restaurants
  32. Quarries
  33. Recycling
  34. Roofing Sheets
  35. Soaps and Detergents
  36. Solar (off grid)
  37. Technical/Vocational Schools (Offering City & Guild Certificate)
  38. Theme Parks
  39. Water Transportation Riverine
  40. Light Manufacturing (Paper, Roofing Sheets, lube blending, Paints etc)
  41. Grocery packaging

Source: Bank of Industry