Page 25 - Borrower Programme News Today

Nigeria’s central bank decision to unified foreign exchange (FX) rates is expected to unlock a $1.5 billion loan from the International Monetary Fund (IMF) which required the convergence of the monetary policy authority’s multi-tiered exchange rates as a pre-condition for disbursement. Move to unified rates comes

Having sponsored no fewer than 900,000 smallholder farmers in rice production across the federation to benefit from CBN’S intervention fund under the Anchor Borrowers Programme, Unity Bank Plc has partnered the launching of Ekiti Rice Pyramid Project in South West Nigeria held recently. The launch is a follow-up to the unveiling of Rice Pyramid earlier in the year at Kebbi State, for the North West and Gombe State in the North East. Over 278 metric tonnes of rice paddy were on display at the ...

Views: Visits 35 The Governor of the Central Bank of Nigeria, Godwin Emefiele, says Nigeria is expecting 12 fighter jets from America to fight insecurity. Emefiele, who disclosed this in Abuja lamented how insecurity is crippling the economy, added that the arrival of the jets is in line with a pact made between the Nigerian government and the US government three years ago, Punch is reporting. He said, “If you want an economy to grow, the level of insecurity must be low because if th...

Advertisement Now in its fifth year, the ABP is the CBN intervention programme for farmers aimed at boosting food production in the country. In March 2021, the apex bank said While answering questions at the end of a two-day monetary policy committee meeting in Abuja, Emefiele said there is interconnectivity between security and economy. Advertisement “If you want an economy to grow, the level of insecurity must be low because if there is a high level of insecurity like what we see today, t...

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has urged bandits and those living in the bushes to drop their arms and embrace the apex bank’s Anchor Borrowers’ Programme. He made this remark when responding to questions at the Monetary Policy Committee Meeting held on Tuesday, May 25 th 2021. In perhaps an off the cuff remark, in addressing the role of insecurity in driving economic growth, Godwin Emefiele explained that while the apex bank was doing all it could to stimulate...

Six fighter jets to arrive in August —Emefiele The Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that Nigeria will get 12 fighter planes from the United States o... The Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that Nigeria will get 12 fighter planes from the United States of America to help fight insecurity in Nigeria. He disclosed this while answering questions at the end of a two-day monetary policy committee meeting in Abuja on Tuesd...

Views: Visits 8 The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has urged bandits and those living in the bushes to drop their arms and embrace the apex bank’s Anchor Borrowers’ Programme. He made this remark when responding to questions at the Monetary Policy Committee Meeting held on Tuesday, May 25, The Cable reports . Now in its fifth year, the ABP is the CBN intervention programme for farmers aimed at boosting food production in the country. According to the CBN, ...

By Oluchi Chibuzor Agriculture plays a significant role in both the human and economic resources of a nation; it is seen as the backbone of a nation’s economy as it enables the provision of food and raw materials and generates employment opportunities for a very large proportion of the population. Based on its climatic and agroecological conditions, Nigeria possesses the potential to produce a wide variety of crops. The northern part is fertile for the production of cereals such as sorghum, m...

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, says claims that interventions in the agricultural sector, favours a particular section of the country are inaccurate. Emefiele spoke in Ado-Ekiti, Ekiti State while unveiling the 2020 wet season harvest aggregation and flag-off of the 2021 wet season input distribution in the South-West. The CBN chief explained that interventions in the Anchor Borrowers’ Programme (ABP) were not only about rice production but had expanded to over ...

Punch Newspapers Sections Published 19 May 2021 The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, said on Tuesday that over N300bn had been disbursed to companies operating in southern part of Nigeria as part of its interventions in the agricultural sector. Emefiele said this while faulting claims in certain quarters suggesting that the bank’s targeted interventions in the sector were tilted in favour of a certain section of the country. He said companies and farmers across Lagos, Ed...