Bank of Industry (BOI) – MSME and youth loan schemes

OpenLoanLoan Nigeria

Provider: Bank of Industry Nigeria

Official information page ↗Apply on the official site ↗
Check before applying
  • Some details on this listing are awaiting confirmation by our editors.
  • Main BOI site returned 503 during checks

Key facts

Deadline
Not stated by the provider (checked 21 October 2026)
Rolling: apply at any time while the scheme is running – check the official site.
Applications open
Rolling applications
Cycle / intake
Not stated by the provider (checked 21 October 2026) · Not stated by the provider (checked 21 October 2026)
Funding
Scheme-dependent; e.g. FGN MSME intervention loans up to ₦1 million at 9%
Covers
Not stated by the provider (checked 21 October 2026)
Tuition fees
Not stated by the provider (checked 21 October 2026)
Interest rate
From 9% a year on some schemes
Repayment
Not stated by the provider (checked 21 October 2026)
Study level
Not stated by the provider (checked 21 October 2026)
Programme
Not stated by the provider (checked 21 October 2026)
Subjects
Any sector
Study in
Nigeria
Institution
Not stated by the provider (checked 21 October 2026)

Who can apply

Nationality
Nigerian businesses and entrepreneurs (scheme criteria vary)
Eligibility
Not stated by the provider (checked 21 October 2026)
Qualifications
Not stated by the provider (checked 21 October 2026)
Language tests
Not stated by the provider (checked 21 October 2026)

How to apply

Steps
Not stated by the provider (checked 21 October 2026)
Documents
Not stated by the provider (checked 21 October 2026)

Source: boi.ng scheme pages (main site unavailable on 21 Oct 2026; portal online)
Verification: Official source checked; some details need editor review · Last verified: 21 October 2026 · Status: worked out from the published dates on 25 October 2026

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