ABP
Okomu Oil Palm wants central bank to review anchor borrowers programme
Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture.
CBN justifies plan to sell assets to fund 2021 budget
The Central Bank of Nigeria (CBN) has thrown its weight behind the federal government’s decision to sell its least valued assets and use funds from the sale to execute infrastructural projects in the 2021 budget.
Maize farmers oppose calls for importation
The farmers assured that Nigeria “should be able to achieve at least 25 million metric tonnes (MMTs) of maize before the end of the year” going by the current improvement in local production capacity and funding support from the Central Bank of Nigeria (CBN) under the Anchor Borrower Programme (ABP) as well as expectations that the COVID-19 pandemic would be better managed globally going forward.
Nigeria’s central bank invests N50 billion to revamp moribund commodity exchange
Following the approval of the President, the Central Bank of Nigeria (CBN), has concluded plan to invest N50b to revamp the ailing Nigerian Commodity Exchange.
Price of maize set to crash as CBN releases 300,000 tonnes soon
The anticipated release follows moves made by the CBN, working with the Nigeria Customs Service (NCS), in the last quarter of 2020, to facilitate import waivers to four agro-processing companies to import 262,000 tonnes of maize to bridge the shortfall in production and augment local production.
Ogun alerts public on fake anchor borrowers registration portal
The Ogun State Ministry of Agriculture has alerted the general public to be wary of an online portal calling for application for the Ogun State/Central Bank of Nigeria (CBN) 2021/2022 Anchor Borrowers Programme.
More than 500 pregnancy cases reported in northeast Benin Republic secondary schools
More than 500 pregnancies were recorded in secondary schools of Benin’s northeastern department of Borgou during the 2019-2020 school year, the Beninese news agency (ABP) reported from Cotonou.
Minister advises Nigerians to give priority to agriculture
Mr Sabo Nanono, the Minister of Agriculture and Rural Development, says there is the need for Nigerians to accord agriculture its prime position a good replacement for the dwindling crude oil.
Central bank sells N4.1 trillion worth of special bills
Following last week’s introduction of 90-day special bills by the Central Bank of Nigeria (CBN), the apex bank yesterday sold N4.1 trillion worth of the instrument in the money market.
Anchor borrower game-changer in financing of smallholder farmers – CBN chief
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the Anchor Borrowers’ Programme (ABP) has proven to be a game-changer in the financing of smallholder farmers in the country.
CBN: We must discontinue dependence on crude oil for public revenue, forex
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need for the country to discontinue with heavy dependence on crude oil to guarantee public revenue and foreign exchange.
BMO: Godwin Emefiele is a better CBN governor now than in PDP years
The Buhari Media Organisation (BMO) has expressed surprise that the Peoples Democratic Party (PDP) could accuse Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele of incompetence and partisanship.
Poor returns force farmers to abandon food crops in North-West – survey
A cross section of Nigerian farmers in the North West have stated that poor returns on investment in the cultivation of food crops is forcing them to concentrate on cash crops to generate income, a survey has shown.
NECAS: Hoodlums storm farmers warehouses, cart away 110 tractors
Alhaji Sadiq Umar-Daware, the Chairman, North East Commodity Association (NECAS) says hoodlums who took advantage of the EndSARS protests, have carted away 110 new tractors and implements from the association’s warehouse in Yola.
Oil palm growers commend President Buhari, central bank for empowering small holder farmers
The Oil Palm Growers Association of Nigeria (OPGAN) has commended President Muhammadu Buhari and the Central Bank of Nigeria (CBN) for empowering smallholder farmers under the Anchor Borrower Programme (ABP).
Ogun begins tracking of Anchor Borrower’s beneficiaries
The Ogun State government has reiterated its determination to use the federal government sponsored Anchor Borrowers Programme in the state to boost farmers’ productivity towards achieving increased food production in the country.
CUPP wants INEC to adjust timetable for Ondo, Edo polls
The Coalition of United Political Parties (CUPP) has called on the electoral commission, INEC, to adjust its timetable for Edo and Ondo governorship elections, following the Court of Appeal judgment that upturned the deregistration of 23 political parties.
Nigerian governors deny opposing autonomy to state judiciaries, legislatures
The 36 state governors have dismissed claims that they are against President Muhammadu Buhari’s Executive Order 10 of 2020, which compels state governors to ensure financial autonomy for state legislatures and judiciaries.
Central bank’s non-interest intervention program excites Sultan of Sokoto, NSCIA
The Nigerian Supreme Council for Islamic Affairs (NSCIA) has commended the Central Bank of Nigeria (CBN) for releasing guidelines for the non-interest version of all its intervention programmes.
Central bank targets 12.5 metres metric tons of maize production in 18 months
The Central Bank of Nigeria (CBN) on Friday in Abuja said that it would intensify its support to farmers to meet the production of 12.5 million metric tons of maize in the country in the next 18 months.
APC raps ex-VP Atiku Abubakar over comment on economic diversification
The All Progressives Congress (APC) has expressed surprise over the failure of former Vice President Atiku Abubakar, to acknowledge the bold efforts APC administration made towards diversifying Nigeria economy.
NIRSAL: Corrupt interests sponsoring protests against us
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says it has uncovered an ongoing scheme by corrupt interests to discredit the work of the agency using sponsored thugs and miscreants to stage protests around its offices.
Recent Stories
Zamfara governor: Abduction of Jangebe schoolgirls won’t stop my talks with bandits
As the Zamfara government says it is awaiting the release of abducted schoolgirls in Jangebe, Governor Bello Matawalle insists he will not relent in his peace process with bandits despite efforts to stop it.
Deceased Ogun monarch’s daughters sue Ogboni Society for N50 billion ‘hijack’ of corpse
Three daughters of the late the Alaye-Aba of Aba, Aiyepe, Ogun State, Oba Rauf Adebayo Raji-Suleimon, have sued the unincorporated Osugbo Society of Ijebuland (known as the Ogboni) over the alleged hijack of the late monarch’s corpse.
Former French president jailed for corruption
The politician, 66, who was president from 2007 to 2012 was convicted on charges of corruption and influence peddling in a Paris court and handed a three-year prison sentence of which two years are suspended.
WTO chief accepts apology from Swiss newspaper over ‘grandmother’ remarks
The first woman and first African to lead the World Trade Organization on Monday welcomed an apology from a Swiss newspaper that had dismissed the seasoned international professional as a grandmother.
President Buhari felicitates with Speaker Gbajabiamila’s mother at 91
President Muhammadu Buhari has felicitated with prominent Lagos politician and mother of the Speaker of the House of Representatives, Alhaja Lateefat Olufunke Gbajabiamila, as she celebrates her 91st birthday on March 2nd, 2021.
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Pope Francis condemns kidnapping of Zamfara schoolgirls
Head of the Catholic Church, Pope Francis, has condemned the abduction of 317 schoolgirls in Zamfara by terrorists, in what is the latest in a wave of kidnappings targeting school children in Nigeria, Africa's most populous nation.
RB Leipzig boss emerges as Tottenham’s ‘top target’ to replace Jose Mourinho
RB Leipzig boss Julian Nagelsmann has emerged as the likely candidate to replace Jose Mourinho, should Tottenham’s current slump continue.
Zamfara governor: Abducted Kagara students, staff found in Kaduna
Governor Bello Matawalle of Zamfara State has said the students and staff of Government Science College, Kagara, Niger State kidnapped by bandits last Wednesday were being kept in Birni Gwari, Kaduna State, by their abductors.
OPC nabs four ‘kidnappers’ in Ibarapa
The Oodua Peoples Congress, OPC, in Oyo State said yesterday that it arrested four suspected Kidnappers in the Ibarapa, area of the state.
Ivory Coast gendarmes seize record haul of cocaine
Ivory Coast security forces have seized just over 1 tonne of cocaine in a night operation in a northern district of the commercial capital Abidjan, the West African nation’s gendarmerie said on Thursday.