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BOI Sets N1.85T Lending Target

Nigeria's Bank of Industry Targets 3 Million Jobs and N1.85 Trillion in Annual Lending by 2027

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaOct 23, 2026

Nigeria's Bank of Industry has set a target of generating 3 million jobs and deploying N1.85 trillion in annual lending by 2027, with a focus on micro, small and medium enterprises. The institution's stated ambition represents a meaningful financing signal for Nigerian startups and small businesses seeking growth capital.

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