BPE begins process of privatising Bank of Industry


Rasheed Olaoluwa, MD Bank of Industry
Rasheed Olaoluwa, the Managing Director, Bank of Industry (BoI), on Saturday said the Bureau of Public Enterprises had opened bidding for the appointment of advisors for the privatisation of BOI.
Olaoluwa disclosed this while speaking in Lagos at a media parley with theme “BOI Impacting on Nigeria Industrial Sector”.
He said that much progress had been made on the privatisation of the bank by the Federal Government in the last few months.
Olaoluwa said that with the privatisation, the bank would be able to get more funds for its development mandate.
He said that BoI’s authoriised capital currently stood …Read More

Source:: PM Newspaper