Page 22 - Borrower Programme News Today

The Central Bank of Nigeria (CBN) says it has so far disbursed N864billion to 4.1 million farmers to cultivate 5.02 million hectares of land under its Anchor Borrowers’ Programme (ABP) since inception in 2015.

The Central Bank of Nigeria has revised the guidelines of the Anchor Borrowers’ Programme (ABP).

There are many indicators that Nigeria has remained transfixed in a circle for a greater part of its 61 years of political independence from colonial Britain.

The right to sufficient food is enshrined in the Universal Declaration of Human Rights and in subsequent international law.  Food security is ensured when food becomes available, affordable as well as accessible. However, it is worth to note that food security is not simply having sufficient and adequate quantities of various foodstuff but it also […]

August 15, (THEWILL) - Nigeria’s major Fast-Moving Consumer Goods (FMCG) firms listed on The Exchange recorded significantly impressive performance in their half-year (H1 2021) operations. The results were far beyond industry expectations. There are no less than 35 registered FMCG firms across the country, but only 20 are listed on The Exchange. The FMCGs are […]

•Sanwo-Olu: He is an invaluable asset to Nigeria Deji Elumoye President Muhammadu Buhari today congratulated the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and wished him well on his 60th birthday. Buhari appreciated the economist and banker for his patriotic service to the country at a time of difficult economic challenges. The president prayed that Emefiele’s efforts would yield positive dividends for the generality of Nigerians to reap from. Buhari equally...

Gilbert Ekugbe The Women Leader, All Farmers Association of Nigeria (AFAN) and Director-General/ National Coordinator, LUGAVO, Hajia Halima Njobdi has urged farmers to take advantage of the federal government’s Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and the Nigerian Agricultural Insurance Corporation (NAIC) to safeguard risks exposures of their farming businesses post COVID-19. She added that with the adverse impacts of the COVID-19 pandemic and worsening securit...

Economists and financial experts interviewed by Daily Trust expressed mixed feelings about the new policy and its immediate and long term implications. They predicted a shock that will further shot up the dollar rates at the parallel market, which will stabilise in the long run. They also blamed the CBN for the downside of the expunged practice. Emefiele also said the CBN will no longer continue registration of new BDCs as subsequent forex will be channelled through commercial banks. The CBN g...

James Emejo Analysts yesterday backed the views of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, that the country may record significant strides within the next three years in current efforts to reposition the agricultural sector for greater growth. Emefiele, had during the recent inauguration of the maiden integrated farm estate established by the National Agricultural Land Development Authority (NALDA) in Daura, Katsina State, expressed optisimism that the combined e...

James Emejo The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday, said the country was likely to make significant strides over the next three years in repositioning the agricultural sector for greater growth. He said the combined efforts of the apex bank and the National Agricultural Land Development Authority (NALDA) in making land and credit available to farmers would further add to the gains so far recorded through the bank’s intervention support in the sector. The...