The Bank of Industry has released its 2025 Development Impact Report, announcing its strongest financial performance to date. Under the theme Financial Strength, the report shows that BOI recorded ₦636Billion Disbursements in 2025, describing it as “a landmark and unprecedented achievement as the largest annual disbursement in BOI history.”
According to the report, disbursements were made to over 7,000 businesses across different sectors of the economy. In addition, BOI managed ₦73Billion in Managed/Matching funds, covering funds managed by BOI for states and other institutional partners.
The sectoral distribution of disbursement shows Manufacturing received ₦79B, Services ₦55B, Extractive ₦77B, Infrastructure ₦100B, and Agro-Allied ₦202B. Under Intervention Funds, the bank disbursed ₦200Billion FGN Intervention funds and served as the disbursing entity for the FGN 200B intervention funds, achieving over 95% performance.
On loan quality, the report highlights an NPL Rate <1.5%, meaning non performing loans rate less than 1.5%. BOI also mobilized additional €210 Million, about ₦350 Billion, funding from international funding partners in 2025. Out of this, €125m went towards healthcare while €85m supported agriculture and food security.
Under Development Impact, disbursement by business size shows Nano Credits received ₦51B (8%), Micro Credits ₦32B (5%), SME Credits ₦178B (28%), and Large Enterprise Credits ₦375B (59%). The bank reports 1.6Million Jobs Created/Retained and over 7,000 New MSME’s Supported, alongside 570 Startups Funded.
In terms of inclusion, ₦150Billion was disbursed to Women-focused businesses and ₦12Billion to Youth-owned businesses. The report also states that 20K+ Tonnes CO₂ Emission Reduction was achieved as estimated cumulative annual CO₂ emissions avoided from BOI-financed projects operational in 2025.
Under Strategic Execution, 957,400 Total Beneficiaries benefited from the FGN Presidential Conditional Grant Scheme. BOI supported the upgrade of an indigenous tomato processing facility from 3.1m tonnes/hr to 10m tonnes/hr. It also deployed 100 Mini-Grids Across Rural Communities in partnership with the World Bank – Rural Electrification Programme, connecting 11,777 New Customers to Power Infrastructure and linking 47,508 Smallholder Farmers to Processing Facilities. A total of ₦100 Billion was disbursed to Critical National Infrastructure including Broadband, Power, Aviation & Transportation.
The report outlines social intervention programmes such as iDICE, a nationwide digital skills and enterprise programme targeted at over 300,000 Nigerians, with 12 participating financial institutions & Technology Fund Managers selected. It readied 500 founders for investments, provided equity to 100 tech ventures, and trained 400 youths through hackathons with seed grants.
Through GLOW, a ₦10 billion gender-focused fund offering up to ₦50 million per beneficiary, over 41,000 beneficiaries were prospected in 2025. RAPID financed rural agro-value chain anchors across all 36 states and the FCT, creating 880 rural enterprises and disbursing 6.5 billion in 2025, resulting in over 8,000 jobs.
BOI expanded its National Coverage with 4 additional state offices, bringing the total to 37, and plans 3 new offices in Zamfara, Yobe and Imo in 2026. Institutionally, BOI was appointed first and only agency for the Adaptation fund in Nigeria and received awards including “Transaction of the Year” at the 2025 THISDAY Awards, Best Bank for Sustainable Finance in Nigeria 2025 by Global Finance, and recognition at the SERAS 2025 Sustainability, Enterprise & Responsibility.
