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Agric Sector Grew by Only 12% in 5 Years – Report

Nigeria’s agricultural sector recorded only a marginal growth in the past five years, expanding by just 12 percent between 2019 and 2024, according to a Quartus Economics report.

Agric, ICT Boost GDP To 2.25% In Q3 – NBS

Agric, ICT Boost GDP To 2.25% In Q3 - NBS Information and Communication Technology (ICT) and agriculture are among the key sectors that boosted the Gross Domestic Product (GDP) of Nigeria by 2.25 per cent in the third quarter of 2022. According to a report by...

CBN Approves N2.1trn For Manufacturing, Agric, Healthcare

CBN Approves N2.1trn For Manufacturing, Agric, Healthcare   The Central Bank of Nigeria (CBN) has released N2.1 trillion to support the real sector of the economy, the bank announced at the weekend. The intervention fund sheet of the apex bank said the funds, which came under the...

Agric, Power, Manufacturing Top N23.5trn Loans To Businesses – CBN

Agric, Power, Manufacturing Top N23.5trn Loans To Businesses - CBN   The total gross credit to businesses rose from N19.4 trillion to N23.5 trillion in the last one year, representing over 21.1 per cent increase, the Central Bank of Nigeria (CBN), has said. In a state of...

Agric Staff Exonerate Perm Sec Umar Bello of Allegations, Wrongdoings

Agric Staff Exonerate Perm Sec Umar Bello of Allegations, Wrongdoings ... Say he has excellent track records, unblemished Reputation The disquiet that followed the recent query issued to the Permanent Secretary of the Ministry of Science and Technology Dr. Umar Bello is gradually thinning out as...

Banks Release N77.4bn For Agric Projects

Banks Release N77.4bn For Agric Projects The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has facilitated the release of a total of N77.4bn from the Deposit Money Banks into agribusiness in Nigeria. The Managing Director, NIRSAL, Aliyu Abdulhameed, gave the figure on Wednesday in Abuja...