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Bank of Industry Posts 44% increase in PBT in 2016

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The Bank of Industry (BOI) posted an operating Profit Before Tax of N17bn in 2016 which represents a 44% increase over the N11.9bn that was recorded in 2015. The Bank’s loans and advances also rose by 10% to N171bn in 2016 from N156bn in 2015. Disbursements to Small and Medium Enterprises similarly went up by ...

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