Business

Nigeria's BOI Secures Record N274 Billion Bond for Industrial Growth

The Bank of Industry has successfully raised a monumental N274.18 billion in its inaugural domestic bond issuance, marking a significant milestone for Nigeria's financial markets. This record-breaking debt capital raise by a Development Finance Institution is poised to fuel industrial expansion and economic diversification across the nation.

Tribune Online·September 14, 2026AI-curated

The Bank of Industry (BOI) has raised N274.18 billion through its inaugural five-year fixed-rate naira-denominated bond due 2031, in what has emerged as the largest debt capital markets issuance by a Development Finance Institution in Nigeria, based on publicly available market d

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This story was sourced from Tribune Online and rewritten in SEVA editorial voice. Read the full original at the source.