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Saturday, September 23, 2017
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...
No fewer than 4,515 rice and cassava farmers in Anambra State are to receive farm inputs worth N728 million under the International Fund for Agricultural Development (IFAD)-assisted Value Chain Development Programme (VCDP). Anmabra State Commissioner for Agriculture, Mechanisation, Processing and...
Women farmers under the auspices of  Small Scale Women Farmers Organisation in Nigeria (SWOFON) has lamented the inadequacy of support from government and stressed the need for proactive effort to address such inadequacy. At a 2-day workshop organized for the...

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Why You Need A Business Plan Before Venturing Into Agribusiness.

By Chika Okeke Most people coming into Agrobusiness especially youths in Nigeria view Agriculture and Agrobusiness as a get rich quick investment or a sure...

Investment Opportunities In Wheat In Nigeria

Prospective Agribusiness Investors in Nigeria are increasingly seeking investment opportunities in Wheat In Nigeria and its value chain. Wheat is a specie of cereal grasses...

Ayade to Youths – One Hectare of Cocoa Farm Is Your Oil Well

Cross River State Governor, Professor Ben Ayade, has promised to turn the youths in the state into green millionaires through the revolutionary cocoa policy...

Lack of Business Plan; The Reason Most Start Up Investors Fail In Agrobusiness

By Chika Okeke Most people coming into Agrobusiness especially youths in Nigeria view Agriculture and Agrobusiness as a get rich quick investment or a sure...

India Offers to Buy N367bn Pulse Beans from Nigeria

India has approached Nigeria to supply it with $1billion (about N367 billion) worth of Pulse Beans. The Director, Agricultural Business, Processing and Marketing, Ministry of Agriculture...

Lack of Business Plan; The Reason Most New Agrobusiness Investors Fail

By Chika Okeke Most people coming into Agrobusiness especially youths in Nigeria view Agriculture and Agrobusiness as a get rich quick investment or a sure...

Illegal Importation of $9.8m GM Maize Alarming, Group Laments

The Health of Mother Earth Foundation (HOMEF) has described the illegal importation of genetically modified (GM) maize worth $9.8 million   into Nigeria as alarming. The...

Flour Mills to Increase Investments in Local Production

Flour Mills of Nigeria Plc (FMN) has reiterated its resolve to continue to invest in local production, in line with the drive of the...

Government Moves to Crash Price of Local Rice

The Minister of Agriculture and Rural Development, Audu Ogbeh, has hinted of plans to reduce the price of 50kg bag of local rice from...

FG saves N112bn from local fertiliser production

The production of locally-blended fertiliser has this year saved the Federal Government about $150 million (equivalent of N52 billion) hitherto spent on foreign exchange...