The Bank of Industry (BOI) has launched MyBOI, an end-to-end digital portal designed to make it easier for Nigerian businesses to access development finance while reducing paperwork and processing time.
The platform allows customers to register, complete onboarding and sustainability assessments, submit financing applications and track their progress digitally.
BOI is targeting a 30% increase in qualified digital financing applications within 12 months, a 40% reduction in application initiation time within nine months, and at least 60% self-service adoption for new applications within one year.
Launching Nigeria’s National Digital Alphanumeric Postcode System is the first step. Its true impact will come as we weave it into how we live, do business, connect with one another and deliver services across every corner of our country.
Every postcode should mean something tangible: a customer reached, a delivery completed, a community better served, or help arriving where it is needed.
To our developers and innovators: let’s build on it. The API provides a foundation for integrating the postcode into the products and services Nigerians use every day.
📖 API documentation: https://t.co/Xi5VUpzip4
🔗 Register your organisation: https://t.co/QxU3G9YZRv
To access the API:
1. Create an organisation account.
2. Submit your Know Your Business (KYB) documentation.
3. Request API access, specifying the access level you need.
4. Receive staging tokens to develop and test your integration.
5. Complete User Acceptance Testing (UAT) with NIPOST’s technical and compliance teams, where required.
6. Receive production tokens and go live.
@segalink@Ekitiketekan You are absolutely right sir there is no sane person that will work so hard to earn his/her money and spend it like this never 👎
I am also conscious that millions of our fellow citizens cannot wait for tomorrow. Some Nigerian families still struggle today for the next meal, the next school fee, the next medical bill, or simply enough money to get to work. Their circumstances did not begin with the reforms of the last three years. Their struggle is the accumulated consequence of decades of low productivity, inadequate infrastructure, insufficient opportunity and institutions that too often failed those who needed them most.
We cannot erase in four years what accumulated over generations. But we can change its course. We can build an economy that steadily lifts people out of poverty while ensuring that those who remain vulnerable are not abandoned along the way.
That is why we are strengthening direct support for the poorest households and improving the National Social Register so that assistance reaches those who genuinely need it.
It is why the Nigerian Education Loan Fund is ensuring that the child of a low-income family need not surrender the dream of higher education simply because his parents cannot afford the fees.
It is why CREDICORP is giving working Nigerians access to consumer credit, allowing people to acquire vehicles, solar systems, digital devices and other essential assets without first having to accumulate years of savings.
That is why, working with our states and local governments, we will continue to strengthen primary healthcare, basic education, and the essential public services poorer Nigerians depend on most. Since 2023, we have paid salaries and pensions on time and in full. We have reformed the national pension program to benefit retirees and the vulnerable.
These programmes are not substitutes for prosperity. They are a bridge to aid our nation's citizens on their path towards it. Our objective is not to manage poverty more efficiently.
We will defeat it.
It will take time. It will require discipline. It will require sustained growth year after year and the creation of millions of productive opportunities across our country.
But for the first time in decades, we embark on this task from a position of strength; with an economy whose fundamental direction has been corrected. We confronted the difficult choices we faced and have laid the foundations for lasting prosperity. Rather than fail the promise of a better future for our children, the time has come for us to build that future.
The age of reform has done its work. Now begins the age of prosperity. An age in which the promise of this great nation must finally become the lived experience of Nigerians from all walks of life.
We have travelled through difficult years together. We have made hard decisions together. And now, still together, we must build the country those decisions have made possible.
I believe deeply in what lies ahead.
I believe in the millions of ordinary men and women whose work, courage and determination have always been the true strength of our country. The road ahead will still demand much from us. But we now travel it with firm footing, a clear direction, and renewed hope in our collective future.
Nigeria has corrected its course. We have passed through our own Red Sea. This is not the time to look back. Let us go forward together, with faith in ourselves, faith in our country, and faith that the sacrifices we have made will yield their reward.
The Promised Land before us is a Nigeria of abundance and opportunity; a nation where prosperity is broadly shared, where every child can dream beyond the circumstances of his birth, and where our country's immense promise is finally reflected in the lives of our people.
Our destination is in sight. Our foundations are strong. Our direction is clear. So let us go forward. No looking back.
Happy Independence Day, my fellow Nigerians. God bless you all, and God bless the Federal Republic of Nigeria
Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief of the Armed Forces
Federal Republic of Nigeria
Every Nigerian deserves to be found, & every community should be within reach of opportunity.
Today, we launch the National Digital Alphanumeric Postcode System, a key step towards making it easier to locate & connect communities.
Find your postcode at https://t.co/ISlsloeOD1
Every Nigerian deserves to be found. Every business deserves the chance to reach its customers. And every community deserves to be within reach of opportunity.
Today, we are launching the National Digital Alphanumeric Postcode System by @NipostNgn , a significant step towards a Nigeria where your location connects you to more possibilities.
Think of the small business ready to deliver beyond its neighbourhood, the family waiting for emergency help and the community that government needs to reach with essential services.
An accurate postcode can make a meaningful difference in each of these lives.
As we work towards H.E. President @officialABAT’s ambition for a $1 trillion economy, we must build the foundations that allow more Nigerians to participate, trade and prosper. This is one of those foundations, and I am deeply excited about what we can build with it.
Please find your postcode here - https://t.co/GnUieOIwWp and start using it.
Share this video, encourage your family and friends to find theirs, and help us take this message into every community.
I also want to hear from you: Was finding your postcode easy? Have you started sharing and using it? What would you like it to make possible for you, your business or your community?
Share your experience in the comments because your feedback will help us make this work better for everyone.
Let’s put our communities on the map and bring opportunity closer to every Nigerian.
66 years of independence.
Nigeria has corrected its course, We have passed our own red sea and we will not look back.
We have turned the corner, The journey continues, the work continues, and the hope for a greater Nigeria remains alive.
President Bola Ahmed Tinubu addresses the nation today with a message for every Nigerian.
Happy Independence Day!
I met Sherifudeen here on X 3 days ago advertising his Agro business I told few of my friends about him and we decided to patronize him he delivered all the items this evening. Thank you so much for trusting me with your money @Sharofy05