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Monday, October 14, 2019

CBN Releases N35.9 Billion for Agric credit scheme

The Central Bank of Nigeria (CBN) has released N35.9 billion for 166 projects under the Commercial Agriculture Credit Scheme. CBN Governor, Godwin Emefiele disclosed...

Nigeria Consumes N1.2 Billion Worth of Rice Daily

Nigeria consumes a minimum of N1.2bn worth of rice every day, the Rice Farmers Association of Nigeria stated on Wednesday. RIFAN said its findings...

Ecobank Nigeria Enters Strategic Partnership with NIRSAL; Announces N70B Agriculture Financing Scheme

Ecobank Nigeria has entered into a strategic partnership with the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a...

‘Non-implementation of cassava bread initiative, loss to Nigeria’

The President, Association of Systems Management Consultants, Mazi Coleman Obasi, has said the Federal Government is losing so much by not implementing the cassava...

Saraki urges youths to take advantage of Agro-Finance Law

The President of the Senate, Dr Bukola Saraki, has called on youths to take advantage of the Agriculture-Finance Bill recently passed by the 8th...

Fed Govt mulls fertiliser price slash to boost agric production

The Federal Government plans to slash the price of Nitrogen, Phosphorus and Potassium (NPK) fertiliser to N5, 000 per bag to encourage farmers to...

Stakeholders seek transparency in N46 billion fertilizer deal

Stakeholders in the fertilizer development sector have faulted the secrecy with which a N46 billion deal between Nigeria and Morocco is being handled. In...

AfDB, NIRSAL partner on $300 million youth agriculture project

Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has disclosed that the Africa Development (ADB) is investing about $300 million on a project...

Nigeria cashew farmers plan output boost

Nigerian cashew producers are working on a four-year plan to cultivate more land and boost exports more than threefold to 500,000 metric tons a...

Ogun, firm to partner on $10 million rice project

The Ogun State government and Sterling Group, an agro-allied firm, are set to work in partnership towards the production of rice and other agricultural...

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Dangote Flour Shareholders Approves Crown Flour N24 Buy-Out Offer… Voluntary Delisting To Follow

Shareholders in a Court Ordered Meeting (COM) in Lagos on Monday October 14, 2019, approved the offer of Crown Flour Mills Limited (CFML)  a subsidiary...

SEC Restates Commitment to Sustainable Financing

The Securities and Exchange Commission, SEC, remains a strong advocate for the promotion of infrastructural development through sustainable financing.  This was stated by Acting...

₦5 Trillion AMCON Debt: Finance Minister, BPP, ICPC, Others Join Recovery Campaign

Minister of Finance, Mrs Zainab Shamsuna Ahmed has charged the management of Asset Management Corporation of Nigeria (AMCON) led by Mr. Ahmed Kuru,...