BOI, the bank, reported a profit before tax of N71.98 billion in 2022, marking a 15.6% increase from the previous year's N62.28 billion. The announcement was made by BOI's Chairman, Mallam Aliyu Dikko, at the bank's 63rd Annual General Meeting in Abuja. Shareholders were pleased with the results and received a dividend payment of N7.82 billion. BOI's Managing Director/CEO, Mr. Olukayode Pitan, emphasized the bank's positive performance in attracting local and foreign capital, enabling it to fulfill its obligations and support economic growth.

Despite economic challenges, BOI has consistently overcome obstacles and achieved positive outcomes. The bank's commitment to providing financial support and fostering growth across various sectors has contributed to its upward trajectory.

In the past year, BOI disbursed N210.7 billion to 418,436 beneficiaries, leading to the creation of approximately 1,255,974 direct and indirect jobs. This represents a notable increase of 32.1% compared to the 950,640 jobs generated in 2021 through the bank's interventions.

Notable disbursements include N2.51 billion to 932 beneficiaries in Kano, Gombe, and Edo under the BRAVE Women Nigeria program, facilitated by the Islamic Development Bank Group (IsDB). Additionally, grants totaling N2.2 billion were distributed to 14,046 beneficiaries, reaching a cumulative amount of N2.54 billion across 15 states.

Mr. Pitan reiterated BOI's commitment to supporting stakeholders and achieving its mandate of transforming Nigeria's industrial sector. The bank aims to increase shareholders' funds to N1 trillion and total assets to N10 trillion in the coming years.

source ;Vanguardngr.com
https://www.vanguardngr.com/2023/05/boi-announces-39-2-growth-in-assets-with-n2-38trn-valuation-n71-98bn-profit/