BANK OF INDUSTRY ELECTRIFIES OVER 100 COMMUNITIES, CONNECTS 11,777 NEW CUSTOMERS IN 2025
July 06, 2026
The Bank of Industry has said its investments in power and rural infrastructure electrified more than 100 communities and connected 11,777 new customers to electricity in 2025, highlighting the growing role of development finance in addressing Nigeria’s energy access challenges.
The development finance institution disclosed this in its 2025 Development Impact Report obtained on Friday. The report also showed that the bank’s interventions created and retained 1.68 million jobs, linked 47,508 smallholder farmers to processing facilities and supported thousands of businesses across key sectors of the economy.
Latest News
EKITI GIVES LAND ALLOTTEES AUGUST 30 DEADLINE TO DEVELOP PLOTS
Ekiti State Government has directed allottees who have abandoned their plots in government...
OYEBANJI TO COMMISSION KAYODE FAYEMI LODGE TODAY
Ekiti State Governor, Biodun Abayomi Oyebanji, is set to officially commission the Kayode...
TINUBU URGES GOVERNORS TO PRIORITISE ROADS OVER WHITE ELEPHANT PROJECTS
President Bola Tinubu yesterday urged state governors to prioritise investments in roads a...
CBN CUTS ONE-YEAR TREASURY BILL STOP RATE AS INVESTORS BID N3.62TN
The Central Bank of Nigeria reduced the stop rate on its one-year treasury bill at Wednesd...
NPC BEGINS DIGITAL BIRTH, DEATH REGISTRATION IN EKITI
The National Population Commission (NPC) has commenced full digital registration of births...
Comments