Bank of Industry (BOI)
Rural Area Programme on Investment for Development (RAPID)
Verification
Unverified. Catalogue information date: 5 Oct 2026
- Source publication date:
- Not confirmed
- Source retrieved:
- Not confirmed
- Automated evidence check:
- Not confirmed
- Human review:
- Not human-reviewed
Application status
Application availability is not confirmed. Availability is separate from verification.
- Amount
- Up to NGN 10 million.
- Currency
- NGN
- Cost terms
- 5% per annum inclusive of application processing fees. Maximum three years; FAQ states three-month interest and six-month principal moratoria; security/insurance conditions apply.
- Deadline
- No published closing date; confirm current intake.Not confirmed. No uniform calendar deadline was found on this programme page; confirm current intake and budget with the provider.
- Sectors
- Value-adding manufacturing, Agribusiness processing
- Business stages
- Nano, micro and small businesses
- Regions
- Rural and economically disadvantaged areas of Nigeria
Applicant requirements
- Applicant operates in Nigeria, subject to the programme's geographic conditions.
- Registered business name or cooperative operating in a rural/economically disadvantaged Nigerian area; other businesses require special provider consideration.
- Value-adding activities; trading and primary agriculture are excluded.
- Provide business plan/cash flow, registration, identification, BVN/NIN and applicable permits.
- Meet asset-charge, guarantor, GSI and credit-life-insurance conditions.
Source notesOfficial programme information retrieved on 5 October 2026 from https://rapid.boi.ng/faqs. No application was submitted. Terms and intake remain subject to provider confirmation and administrator review.
Official programme pagehttps://rapid.boi.ng/faqs
Application linkhttps://rapid.boi.ng/register
Evidence checks
There are no independent field evidence checks for this programme yet.
AI field evidence checks and machine summaries are not provider endorsement, human review or funding approval.
Next step
Confirm terms, requirements and current application availability with the official provider before applying. This is an unverified test listing.Fundemio is not a lender. It does not submit applications or promise approval.