By Lucy Ogalue
The Bank of Industry (BOI) has said that it created approximately 2,198,953 direct and indirect jobs across the country.
The Chairman of the Shareholders Committee, of BOI, Malam Muhammed Bala, said this at the 64th Annual General Meeting (AGM), held at the Transcorp Hilton, on Wednesday in Abuja.
“In furtherance to its drive to boost job creation through its interventions, the BoI significantly increased its disbursements to large, medium, small and micro enterprises,” he said.
He also disclosed that the bank’s profit before tax increased from N70.7 billion to N153.81 billion, the highest in the Bank’s history.
According to the bank, this represents 117.69 per cent.
The News Agency of Nigeria (NAN) reports that BoI has continued its impressive financial performance, showcasing a year of remarkable growth and achievements.
This is in spite of the significant global and local economic challenges it faced in the period under review.
Bala said that the…
Source: News Agency of Nigeria
