The Central Bank of Nigeria (CBN) has said it plans to raise agricultural lending beyond the current level of less than five per cent of total bank credit, as the …
Nigeria agriculture
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AgricultureBanking, Finance & InvestmentEconomyFood SecurityPoliciesRural Development
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AgricultureBanking, Finance & InvestmentEconomyGovernancePoliciesRural DevelopmentTechnology
CBN Tasks ACGSF Board to Remove Collateral Barriers
The Central Bank of Nigeria (CBN) has charged the newly inaugurated Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) to ensure that lack of collateral and remote location no …
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AgricultureBusinessDevelopmentEconomyEntrepreneurshipFinance
Nigerian Agric-SMEs Get New Boost as EDC, AGRA Partner to Unlock Funding and Growth Opportunities
Agricultural small and medium enterprises (SMEs) in Nigeria have received a fresh opportunity to access funding, expand operations, and scale their businesses through a high-level networking event organised by the …
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AgricultureDevelopmentEconomyFood ProductionPoliciesSecurity
Nigeria’s Farm Input Crisis Threatens Food Security
Nigeria’s ambition to become food self-sufficient is facing serious setbacks as the rising cost of farm inputs is pushing many smallholder farmers out of production and making food more expensive …
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AgribusinessAgricultureDevelopmentEconomyINVESTMENT
NIRSAL Trains Nigerian Livestock Producers to Tap into $2.5 Billion Brazilian Meat Investment Deal
The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has flagged off a major training programme aimed at helping Nigerian livestock value chain actors benefit from a $2.5 billion Foreign …
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AfricaAgricultureEnvironmentFood ProductionGOVERNMENTSecurity
FG Reaffirms Commitment to Safeguard Nigeria’s Plant Genetic Resources for Food Security
The Federal Government has reiterated its commitment to conserving Nigeria’s rich plant genetic resources as a strategic approach to achieving national food security, supporting climate adaptation, and preserving biodiversity. The …
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AgricultureDevelopmentEconomyGOVERNMENTNigeriaPoliticsSecurityTrade and Commerce
Nigeria’s Rice Industry in Crisis as Farmers Blame Cheap Imports, Insecurity, and Poor Government Support
Rice farmers across Nigeria have raised a serious alarm over what they describe as the collapse of the country’s rice industry. They blame the shutdown of local rice mills, job …
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AgricultureBusinessDevelopmentEconomy
RMRDC, BOI Team Up to End N500bn Annual Onion Waste, Set to Build Processing Plant
The Raw Materials Research and Development Council (RMRDC) and the Bank of Industry (BOI) have joined forces to tackle the huge losses Nigeria suffers every year from wasted onions. The …