Lagos Free Zone Company (Tolaram) has recently welcomed the Bank of Industry (BoI) as a strategic investor.

The investment will accelerate the development of a dedicated MSME hub within the Zone and promote non-oil exports through the LFZC’s integrated Lekki Deep Sea Port.

This partnership strengthens Nigeria’s industrial ecosystem by giving MSMEs access to world-class infrastructure, efficient logistics through Lekki Deep Sea Port, and a supportive business environment.

Read also: BOI, NCGC launch N10bn loan scheme to empower women-owned businesses

While inspecting the facilities, MD/CEO, BOI, Olasupo Olusi, emphasised that: “Our investment enables MSMEs to scale and compete globally while contributing to Nigeria’s economic transformation.”

Adesuwa Ladoja, MD/CEO, Lagos Free Zone Company, noted: “BOI’s partnership validates our vision and helps unlock new opportunities for Nigerian businesses to realize their export ambitions.”

This milestone marks another step toward building a globally competitive industrial and logistics hub in Nigeria.

Moyosore Adesina is a financial journalist with interests spanning across financial reporting, insurance, manufacturing sectors, fintech, and capital markets. She simplifies financial data and transform them into compelling stories that help investors and businesses make informed decisions. With a background in accounting and hands-on experience in financial analysis, she specialises in breaking down corporate earnings, industry trends, and economic indicators for readers.

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