Interest Drawback News Today

The board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) says farmers' repayment of loans under the scheme has been very impressive, noting that it has so far recovered over 90 percent ..

By Adedapo Adesanya The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has facilitated the flow of over N73 billion into Nigeria's Agro-Processing industry from various sources. This was disclosed by NIRSAL Managing Director, Mr Aliyu Abdulhameed, who explained that these sources

The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF).

Vanguard News CBN guarantees N122.6bn agric loans On MONEY MARKET The Central Bank of Nigeria (CBN) has guaranteed a total of N122.6 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF) as at end 2020. Chairman of the Fund’s Board, Mr. Stephen Okon, disclosed this, in Abuja, yesterday, at the National Award Ceremony for the Best Farmer of the Year 2020 under the scheme. According to him, “In 2020, a total of 30, 267 loans valued N4. 32 billion were guaranteed, while th...

The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF).

Dealing with agricultural risks in Nigeria By Mon Jan 18 2021 While debating the impact of the federal government’s border closure policy (and the recent reopening) on commodity prices, I found myself wondering yet again about agricultural risks and Nigeria’s Agricultural Insurance sector. I had earlier on, in the October of 2020 written about this subject in an article titled Floods: Another Precarious Year for Nigerian Farmers, which touched on Agricultural insurance particularly weather-...