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Anchor Borrowers’ Programme

Heritage Bank restates commitment to agric development

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has said it is committed to the sustenance, growth and development of Nigeria’s agricultural sector.

Godwin Emefiele: Why central bank retained monetary policy rates

The Central Bank of Nigeria (CBN) on Monday said its Monetary Policy Committee (MPC) opted to retain monetary policy rates to rein in inflation and stabilise the economy.

Non-oil exports gets N500 billion from central bank

The Central Bank of Nigeria (CBN) has finalised arrangement with Nigeria Export-Import Bank (NEXIM) to assist local manufacturers who are interested in non-oil exports, according to its governor, Mr Godwin Emefiele.

Central bank chief Godwin Emefiele emerges The Guardian Economic Personality of the Year

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, was on Saturday, April 7, 2018, unveiled as The Guardian Economic Personality of the Year 2017 in recognition of his contribution to stabilizing the Nigerian financial sector amidst recession as well as the Bank’s effort in development financing.

Central bank to deploy N60 billion intervention fund in vulnerable sector

Emefiele said this in a keynote address he delivered after he received The Guardian “Economic Personality of the Year 2017” award in Lagos yesterday.

ABP: 500 Bayelsa rice farmers receive inputs

No fewer than 500 rice farmers in Bayelsa have received various farm inputs under the first phase of the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme.

Minister: Smuggling, biggest challenge to local rice production

The Federal Government has identified smuggling of rice mainly from Thailand and India as the biggest challenge facing rice production in the country.

Federal government urged to extend school feeding from primary 4-6

Secretaries to Governments of States have appealed to the Federal Government to extend its school feeding programme of National Social Investment Programme (NSIP) to primary four through six.

Nigeria, UNDP launch $8 million agribusiness project

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), the Federal Ministry of Agriculture and Rural Development (FARD) and the United Nations Development Programme (UNDP) at the weekend launched an $8,066,500 Nigerian Agribusiness Supplier Development Project (NASDP), aimed at guaranteeing food security in the country.

President Buhari set to launch Borno’s rice pyramid

As Borno State joins about five other states that have made giant strides in the Buhari administration’s efforts to make Nigeria self-sufficient in rice production, President Muhammadu Buhari is set to launch the rice pyramid in the State on March 27, 2018.

Central bank delays monetary policy meeting

The next Monetary Policy Committee (MPC) meeting will hold between seven to 10 days behind schedule, the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Thursday.

Central bank to increase women’s access to credit

Central Bank of Nigeria has pledged to improve access to formal financial services for women, especially credit through its various intervention programmes.

Lai Mohammed: Rice importation drops from 644,000 MT to 22,000 MT in 2 years

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the present administration’s agricultural revolution is not a mere propaganda but a reality, with enough evidence to back it up.

Kebbi govt acquires tractors, tillers for rice farmers

Kebbi state government has acquired 100 tractors, 300 power tillers, 300 thrashers and 200 reapers to support the rice farmers.

Commissioner: Kebbi can produce 50% rice needs of Nigerians

Kebbi State has assured the nation it has the capacity to deliver 50 per cent of the rice needs of Nigerians with the continuous support of Federal Government’s Anchor Borrowers Programme.

Ifeanyi Emefiele: Central bank will support any state committed to agriculture

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has tasked state governments in Nigeria to take advantage of opportunities in their respective states to boost the agricultural sector in Nigeria.

Godwin Emefiele: Central bank has disbursed N55 billion to 250,000 farmers

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday put the total amount of money disbursed under the Anchor Borrower’s Programme (ABP) in partnership with the state government and private sector group since the commencement of the programme, at N55.526 billion to over 250,000 farmers.

EFCC recovers N102m for Bank of Agriculture

The Economic and Financial Crimes Commission (EFCC), Kaduna zonal office, has recovered N102 million diverted from the Bank of Agriculture (BOA) in Kebbi.

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