A two-fluid model with second-order turbulence closure is used for the simulation of a turbulent bubbly boundary layer. The turbulence model is based on the decomposition of the Reynolds stress tensor in the liquid phase into two parts: a turbulent part and a pseudo-turbulent part. The reduction in second-order turbulence closure in the near-wall region is interpreted according to a modified wall logarithmic law. Numerical simulations of bubbly boundary layer developing on a vertical flat plate were performed in order to analyze the bubbles effect on the liquid turbulence structure and to evaluate the respective roles of turbulence and of interfacial forces in the near-wall distribution of the void fraction. The two-fluid model with the second-order turbulence closure succeeds in reproducing the diminution of the turbulent intensity observed in the near-wall region of bubbly boundary layer and the increase in turbulence outside the boundary layer. The analysis of the interfacial force in the near-wall zone has led to the development of relatively simple formulation of the lift-wall force in the logarithmic zone that depends on dimensionless distances to the wall. After appropriate adjustment, this formulation makes it possible to reproduce the shape of the near-wall void fraction peaking observed in bubbly boundary layer experiments.