ABP

Unity Bank Plc will provide additional funding to 120,000 smallholder maize farmers in the 2021 wet season farming under the Central Bank of Nigeria (CBN)’s Anchor Borrowers’ Programme (ABP).

Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the weekend, challenged tertiary institutions in Nigeria to promote research and well-designed programmes that will boost agriculture and agribusiness in Nigeria.

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday challenged the university community to rise to the occasion and develop breakthrough solutions especially in seeds production to improve agricultural yields.

Most small-scale farmers in Nigeria rely on rainfed cultivation and do not have access to adequate water sources to engage in large-scale dry season production, leading to local shortages of important crops and high market prices in the dry season due to the lack of technique to cultivate them when the weather condition becomes harsh.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending has debunked reports that the Central Bank of Nigeria has suspended further disbursements to the agency over allegations of corruption in its handling of the Federal Government’s Anchor Borrower’s Programme.

A coalition of civil society organisations under the auspices of Civil Society Groups for Good Governance (CSGGG), has demystified FADAMA project to avert misinformation about the project which started in 1990 and now in its third phase.

The CBN Governor, Godwin Emefiele, made this known while presenting the communiqué on the Monetary Policy Committee (MPC) meeting held on Monday and Tuesday in Abuja.

As the November 6, 2021 Anambra State governorship elections draws near, about 23 political parties Thursday, stormed the headquarters of Independent National Electoral Commission, INEC, in Abuja, to submit letters of notice for the conduct of the governorship primaries.

The Chairman, Rice Farmers Association of Nigeria (RIFAN) in Kebbi, Alhaji Muhammed Sahabi-Augie, on Sunday said the total rice output produced annually in the state has reached over four million tonnes.

The Director-General, Voice of Nigeria, VON, Mr Osita Okechukwu, has said that Nigeria has enough potential to repay its debt obligations to China through food export.

The Central Bank of Nigeria (CBN) says 3.8 million farmers have so far benefited from its Anchor Borrowers’ Programme (ABP).

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

The Bank’s February 2021 release of Maize in fulfilment of its pledge to reduce the price of the commodity, was done through the Anchor Borrowers’ Programme (ABP) to major poultry feed producers and poultry producers in the country.

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says 2.9 million farmers have cultivated 3.6 million hectares across 21 commodities under the bank’s anchor borrowers’ programme (ABP).

The Central Bank of Nigeria, CBN, staff report has indicated that the banking industry ended 2020 in a mixed performance. But members of the apex bank’s Monetary Policy Committee, MPC, its highest policy body, have indicated that the industry remained resilient and sound despite some negative impacts of the COVID-19 pandemic during the year.

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.

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.

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.

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.

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.

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 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.