Bank of Industry Targets Women Entrepreneurship | Felix Omoko Blog

Bank of Industry
The Bank of Industry (BoI) has unveiled plans to equip women with requisite skills and knowledge to drive entrepreneurship growth in women.
The bank noted that the move seeks to empower women entrepreneurs to achieve sustainable economic growth in the country.

Its Acting Managing Director, Mr. Waheed Olagunju, quoting the World Bank asid Nigerian women account for about 42 per cent of the total labour force in the country, adding that the figure had reduced.

He emphasised the need to promote women’s access to gainful employment, saying this could unleash a strong force for innovation, productivity and economic growth in the country.

Olagunju pointed out the need to encourage more women entrepreneurs to create wealth and job opportunities for the unemployed youth.

The Development Finance Institution (DFI) is one of the very few banks with a dedicated gender desk that supports women all across their various stages of business activities.

Represented by the Executive Director, Financial Inclusion, Micro Enterprise Directorate, Mrs. Toyin Adeniji at an event to empower women, Olagunju said:

”We are using today’s celebration to encourage other women starting as small entrepreneurs, Micro Small and Medium Enterprises (MSMEs) and those that have grown very big to bring all of them together to share ideas among ourselves. Women have to be bold, they must have their dream and BoI is ready to support them.”

Tagged: Be Bold for change,the forum gathered notable women who have dared to succeed, despite challenges in the economy to share experiences in their various journeys to success in the hope to empower women with tips required to fulfill their business aspirations.

It is also to recognise the role that women have played in the empowerment of nations all across the world.


“We want to recognize our friends, partners and women that have made marks in different sectors. We have a dedicated gender desk that helps women all across their various stages of their business. We are here to hold their hands and we are also here to help them think of their businesses as they go along. We are here to let them know that there is access to finance, markets, training and growth opportunities,” Olagunju said.