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Friday, January 19, 2018
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...

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