The Bank of Industry, BOI, has successfully raised €1.425 billion from the senior phase of its global loan syndication to boost financing for Nigeria’s businesses. The deal, which received a 42.5 percent oversubscription from international financial markets, cements its position as a key player in financing Nigeria’s industrial and private sectors. Data showed that the largest loan syndications the bank ever did were €1bn in 2020 and 2022 respectively, and successfully repaid in July 2024. Olasupo Olusi, the managing director and chief executive officer of BOI in a statement said that the late…