Royal Times of Nigeria.
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
TRENDING
Giving Voice to Women, Empowering Girl Child Our...
Cameroon thrash Nigeria in Girls Volleyball Championship
Niger’s outgoing president wins coveted Mo Ibrahim prize
Singer Dencia launch attack on Burna Boy
Issue of Hijab: Kwara shuts 10 missionary schools...
Lawan condole with Yobe fire disaster victims
Aribo, Balogun are conqueror of Scotland with Rangers
APC registers 2.5 million members in Kano
Anti-coup campaign intensifies strike nationwide in myanmar
Hijaab Standoff: Kwara Govt puts reopening of Grant-Aided...
Lafiagi attack: APC Stakeholders condemn case take-over by...
Buhari scheduled to decorate newly appointed service chiefs
COVID-19: NAFDAC approves the use of AstraZeneca vaccine...
Bandits attacks soldiers unaware in kastina state
Eddie Gabkwet appointed as new Air Force spokeperson

Royal Times of Nigeria.

Banner
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
ForeignNews

Bank of Industry funds Aba leather industry to improve output

written by Taiwo Adediran September 12, 2017
Bank of Industry funds Aba leather industry to improve output

The Bank of Industry, BoI, has commenced making funds available to leather manufacturers in Aba to improve their quality and productivity. This was the outcome of the Memorandum of Understanding signed between BoI-Investment and Trust Company, BoI-ITC, a subsidiary of the BoI, and DAI- Market Development in the Niger Delta to drive leather production in Nigeria.

In a statement, the Managing Director of BoI-ITC, Mrs Betsy Obaseki, said that the bank is granting artisans in finished leather goods at the cluster, access to five hundred thousand naira working capital loan and ten million naira for purchasing of equipment.

Obaseki added that the cluster has the capacity to take Nigeria to a higher level of enterprise in terms of finished leather goods.

 

The president, Leather Products Manufacturers Association of Abia State, Mazi Okechukwu Williams, noted that with access to funds, the finished leather products in Nigeria will be greatly impacted positively.

Join our twitter community :

Follow @royaltimesng
0 comment
0
Facebook Twitter Google + Pinterest
Taiwo Adediran

previous post
Protests across France against Macron’s labour reforms
next post
Pound hits one-year high as UK inflation rate jumps to 2.9% –

You may also like

Exercise, good diet lower risk of colon cancer...

May 22, 2017

PDP BOT chair, Anthony Anenih’s son is dead

May 15, 2017

Nigeria unmoved in new FIFA Ranking

May 4, 2017

Govt’s plan to monitor collection of electricity funds...

April 26, 2017

Former minister, John Shagaya dies in car crash

February 12, 2018

Kidnappers release Zamfara chief, hold on to son

February 5, 2020

BBOG lauds FG on release of 82 Chibok...

May 7, 2017

Sanwo-Olu approves Covid-19 vaccine trials in Lagos

February 1, 2021

Saudi Arabia donates $10m, relief materials to Nigeria

March 7, 2018

Chief Registrar of Oyo high court, Badrudeen, dies...

December 7, 2020

Leave a Comment Cancel Reply

Facebook
  • Singer Dencia launch attack on Burna Boy

    March 8, 2021
  • Elon Musk toppled as world richest man, loses $15 billion

    February 23, 2021
  • Davido named among world most influential people by TIME Magazine

    February 18, 2021
  • Why I married Tonto Dikeh’s ex-husband – Rosy Meurer

    February 18, 2021
  • Tessica Brown to donate $20K of Her GoFundMe Money to reconstructive surgery Organization

    February 16, 2021
  • Cameroon thrash Nigeria in Girls Volleyball Championship

    March 8, 2021
  • Aribo, Balogun are conqueror of Scotland with Rangers

    March 8, 2021
  • It is the right time to bring football home- Boris Johnson

    March 3, 2021
  • Olympic Merseille Chief Scout arrives Ilorin for 1st Governor AA Talent Hunt

    March 2, 2021
  • I don’t want the COVID-19 vaccine – Blake

    March 1, 2021
  • Facebook
  • Twitter
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy

@2017 -Royaltimes of Nigeria. All Right Reserved.