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Tag Archives: Agriculture

IMF sees sub-Saharan Africa growth near two-decade low in 2016

Tue May 3, 2016/Reuters By Olivia Kumwenda-Mtambo JOHANNESBURG (Reuters) – Economic growth in sub-Saharan Africa is likely to slow this year to its weakest in nearly two decades, hurt by… Read more »

Restructuring: UNIONDICON Earmarks $100 Million for Diversification-Cordros

By InvestAdvocate Lagos (INVESTADVOCATE)- Salt producer and food products firm, Union Dicon Salt Plc (UNIONDICON) said its seeking to restructure and has earmarked $100 million for diversification, according to Cordros… Read more »

President Buhari Address at the National Economic Council Retreat on the Economy

March 21, 2016/State House ADDRESS BY THE PRESIDENT MUHAMMADU BUHARI AT THE NATIONAL ECONOMIC COUNCIL RETREAT ON THE ECONOMY HELD AT THE STATE HOUSE CONFERENCE CENTRE, PRESIDENTIAL VILLA, ABUJA. MONDAY… Read more »

Transition to Agriculture, Uphill Task for Buhari’s Regime, as Nigeria Imports less than 250 Tractors Annually- PanAfrican Group

by Barnabas Esiet Lagos (INVESTADVOCATE) – Jamie Rixton, General Manager (GM) PanAfrican Group (Agric Division) in Nigeria on Friday said the Mohammed Buhari’s administration quest to transit from oil based… Read more »

Presidency, police insurance, bank charges to gulp N556m

The Presidency, ministries of Agriculture and Rural Development and Finance, as well as police formations and commands, among others, are to spend the sum of N555.98m on financial expenses such… Read more »

Banks promise higher lending in 2014

Deposit Money Banks have pledged to boost lending to the nation’s economic sectors in 2014 as part of plans to ensure macro-economic stability in the year. The banks took the… Read more »

FG approves N15bn soft loan for farmers …to privatise Bank of Agriculture

The Federal Government, in a bid to stimulate finance to the agriculture sector, has approved that the sum of N15bn be given to farmers at single-digit interest rate. The amount,… Read more »

CBN guarantees N25bn agric loans through NIRSAL

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, introduced July last year, has guaranteed N25bn of agricultural loans, latest data from the Central Bank of Nigeria has shown. This… Read more »

UBA Emerges Best Bank in Support of Agriculture in Nigeria

Press Release In recognition of its immense contribution to the growth of Nigeria’s agricultural sector and value addition to the economy, United Bank for Africa (UBA) Plc has been named… Read more »

World Bank, FG Want Increased Finance for Women Farmers

The World Bank, in partnership with the Federal Government, has moved to enhance greater access to finance for female farmers in Nigeria. To achieve this aim, the global financial institution… Read more »

 

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