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Poor access to finance halts agribusiness success in Nigeria

Lack of access to finance in the value chain in agriculture was described as a serious obstacle that stopped agricultural business and productivity in...

Nigeria, Others Can Assess $120m Global Seed Money For Fish, Soya...

"Global Seed Money" Coordinator of the program "Technology for Africa Agriculture Transformation , Mr. Christ Akim, showed that Nigeria and other African countries with...

CBN Interest Rate On Agric Loans Outrageous — Ogbeh

"Agric loans" The Minister of Agriculture and Rural Development Audu Ogbe criticized the nine per cent interest rate on agricultural loans provided to farmers...

CBN’s Intervention Reaches 400,000 Farmers

Central Bank of Nigeria (CBN) says greater than 400,000 farmers have to this point acquired its assist from the Anchor Borrower Programme (ABP) to cultivate 12 crops, together with rice, soya, maize, palm produce, cotton and cassava.

Over 33,000 Farmers To Enjoy CBN Anchor Borrowers Loan In Zamfara

"Zamfara Anchor Borrowers Loan" The Rice Farmers Association of Nigeria (RIFAN) has said that 33,974 rice farmers will benefit from the CBN Anchors Borrowers...

Experts, BOA Explain Agric Loan Conditions As Farmers Lament Poor Funding

"Experts, BOA Explain Agric Loan Conditions As Farmers Lament Poor Funding" Agricultural financing is crucial to mechanisation, productivity and food security sustainability. However, farmers’...

Boi, Ebonyi Roll-out N4bn Agric Fund For Civil Servants

The Bank of Industry (BoI) and the Ebonyi State Government are to collaborate in a N4 billion matching funds to enhance the fortunes of civil servants in the state through agricultural activities.

How Finance Can Help Smallholder Farmers Improve Yield

How Finance Can Help Smallholder Farmer Improve Yield, Over the years, lack of finance has remained one of the major factors bedeviling the country’s...

AFDB Approves US$100mn For Expansion Of Fertilizer Production In Nigeria

The African Development Bank (AfDB) has approved US$100 million senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals Limited, to support the company’s plans to double its fertilizer production from 1.4 million tons of urea to 2.8 million tons per annum.

Heritage Bank Restates Commitment To Agric Development

Heritage Bank Plc, one of Nigeria’s most innovative banking service provider, has reiterated its commitment to the sustenance, growth and development of the nation’s agricultural sector.

FEC Approves N10.7b For 10 Rice Mills, N68.6b For Road Projects

The Federal Executive Council on Wednesday approved N10.7 billion for the establishment of new 10 rice mills and N68.6 billion for road projects across the country.

Oyo Rice Farmers Receive Farm Inputs Worth N17.8 Million From CBN

Rice Farmers Association of Nigeria (RIFAN) in Oyo State says it has received farm inputs worth N17.8 million from the Central Bank of Nigeria (CBN) through the Bank of Agriculture (BOA).

CBN Begins Disbursement Of N26bn Agribusiness Fund To MSMEs

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee on Thursday commenced disbursement of N26 billion Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS) fund to the first set of beneficiaries.

Kaduna State Unveils $200m Tractor Assembly Plant

With the commissioning of the $200million Ramindra Tractors Assembly Plant, at Industrial Estate Kaduna, a joint investment of the Springfield Agro Ltd and the Ramindra Tractors Manufacturing Corporation of India, Kaduna state government has stamped its feet as a destination of choice for foreign direct investment.

FG Budgets N3.4bn For Rice, Cotton Value Chain

Rice, Cotton Value Chain: The federal government is planning to spend N3.47 billion on the development of value chain of rice and cotton - the two areas government said it is determined to attain self- sufficiency.


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