27.4 C
Enugu
Friday, November 17, 2017
President Muhammed Buhari on Tuesday said N118.98 billion will be spent to strengthen the nation's agricultural sector in 2018 in order to ensure food security. He said the agricultural sector played a crucial role in Nigeria's recent exit from recession...
As part of measures to boost the nation 's economy, the Bank of Agriculture (BoA) has said that strategies for adequate financing of the Agricultural sector that would generate employment and empower clients in Agri- business. Also, the Bank emphasised...
By Nume Ekeghe In its bid to promote agribusiness, Unity Bank has effectively keyed into various intervention funds by the federal government and Central Bank of Nigeria (CBN) to boost Agriculture thus emerging as one of the leading players in...
To diversify the revenue base of the country especially through agriculture, Stanbic IBTC and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), yesterday launched a N50 billion agricultural finance scheme. It is believed that the finance scheme would...
In its bid to strongly drive its strategic business focus on rural economy, Unity Bank Plc has developed a product called NIRSAL Farmers Savings Account specifically designed as a platform to execute a key aspect of the service level...
An analysis of sectoral allocation of banking sector credit from 2015 to date has shown that banks pump more money into oil and gas than the manufacturing and agriculture sector. This is even as the Federal Government is intensifying efforts...
In order to enhance the effectiveness of the Commercial Agriculture Credit Scheme (CACS) as well as mitigate the risk faced by participating financial institutions in financing the agriculture sector, the Central Bank of Nigeria (CBN) has reviewed the guidelines...
Bank of Agriculture (BOA)Limited is Nigeria’s premier Agricultural and Rural Development Finance Institution. 100% wholly owned by the Federal Government of Nigeria. The ownership structure is: – Central Bank of Nigeria (CBN) 40% Federal Ministry of Finance Incorporated...
NEXIM’S PRODUCTS & SERVICES - NEW EXPORT INTERVENTION SCHEMES As part of efforts to arrest the declining trend in export credits and boost investments in the non-oil export sector, the CBN recently approved two funding schemes and appointed NEXIM as...
About the fund Nigeria is richly endowed with abundant agricultural products available in every state of the federation. However, limited capacity for processing and preservation, results in huge losses and wastages. In a bid to tackle this problem, BOI has established a...

Follow us

40,867FansLike
200FollowersFollow

EVENTS

Other Articles

Agro News Nigeria Set to Develop 200 Hectares Soybean and Sesame Seed Farm Estate

In furtherance of our vision of a Nigeria sufficient in food production and rich in agricultural produce exports, Agro News Nigeria is set to...

Kano to distribute N200m tomato seeds

Kano State government has disclosed that it will distribute qualitative tomato seeds to farmers during this year’s dry season farming free. This was disclosed by...

Deadly grass surfaces in Yobe, kills livestock

Pastoralists in Yobe State are presently going through hard times as a deadly grass known as ‘bombriho’ in local dialect is reportedly killing their...

Why Nigeria needs to stop pesticide importation

Following a recent claim by the Executive Director of the Nigerian Stored Products Research Institute (NSPRI), Prof Olufemi Peters that Nigerian farmers and agro-based...

Animal Care showcases new mineral supplements for cows, horses

Animal Care Services in Lagos has developed two new mineral supplements for the growth of cows and horses. The new supplements are named Energy Licks...

Why Nigeria Poultry Farmers Don’t Produce White Eggs

The President Animal Care Konsult, Dr. Olatunde Agbato, has identified wrong market perception of white eggs as major reason why poultry farmers in the...

New water resistant paper egg trays excite farmers

Poultry farmers participating in the ongoing Poultry Show in Abeokuta were excited at the exhibition of water resistance paper egg tray which the manufacturer...

High soybeans demand as hoarders mop harvests in Katsina

Early hoarding activities may affect the market supply and price of soybeans this year as harvest begins in earnest in Katsina State. Over the years,...

Poultry industry going through difficult times – Ogun govt

The Senior Special Assistant to Governor Ibikunle Amosun of Ogun State, Mr. Semiu Alao, yesterday, said the poultry industry in Nigeria is at present...

2018 Budget – Nigerian Govt Proposes to ‘Revamp’ Agriculture With N118.98 Billion

President Muhammed Buhari on Tuesday said N118.98 billion will be spent to strengthen the nation's agricultural sector in 2018 in order to ensure food...