The Africa Banking Brief
Saturday 31 October 2026 · updated 10:04 London
Nigeria

Bank of Industry reports record N644.9bn disbursements in 2025

News · completedThursday 22 October 2026

The Bank of Industry said it disbursed N644.9 billion to 12,501 businesses in 2025, up 26% from N510.9 billion in 2024. The bank also reported creating or supporting 1.68 million jobs and set a target of N1.35 trillion in annual lending by 2027.

The figures show the scale and sector mix of a major Nigerian development lender's activity, though the job numbers are self-reported by the bank.

Key facts
Event
News · completed
Date
Thursday 22 October 2026
Institution
Bank of Industry
Amount
NGN 645
Original reports
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