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AFDB Injects $10bn To Cushion COVID-19 Impact On Agriculture

AFDB Injects $10bn To Cushion COVID-19 Impact On Agriculture     The African Development Bank (AFDB), has provided about $10billion to implement strategic roadmap of projects and programmes of immediate and longer term measures to tackle nutrition and food crisis situation in the Continent. This is part of...

Bangladesh-Nigeria To Sign Bilateral Pact On Agriculture

Bangladesh-Nigeria To Sign Bilateral Pact On Agriculture   The Bangladesh High Commissioner to Nigeria, Mr. Shameen Ahsan, has disclosed that his country will soon sign an agreement with Nigeria, in the area of agriculture. Speaking at a Nigeria-Bangladesh Business Forum, held in Lagos, recently, he said it...

US Invests $165m In Nigeria In 4 Years To Boost Agriculture

US Invests $165m In Nigeria In 4 Years To Boost Agriculture   The United States on Thursday announced that it had invested about $165m (N50.56bn at the official exchange rate of N307 to one dollar) in the development of Nigeria’s agricultural sector in four years through...

360,000 To Benefit As NIRSAL Signs Deal To Boost Agriculture

360,000 To Benefit As NIRSAL Signs Deal To Boost Agriculture   The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Agreement and Action (MoA) with the Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) – a $200 million World Bank...

Agriculture: AfDB, FAO To Raise $100m For Nigeria, Others

Agriculture: AfDB, FAO To Raise $100m For Nigeria, Others The African Development Bank and Food and Agricultural Organisation are set to raise $100m for agriculture in a bid to end hunger and malnutrition and create wealth in Nigeria and other African countries. In a statement issued...

Nigeria’s GDP Growth Slowed To 1.95%

Nigeria's GDP Growth Slowed To 1.95% The nation’s growth in Gross Domestic Product slowed to 1.95 per cent between January and March of this year due to weaker output from agriculture and other parts of the non-oil economy. According to a Bloomberg survey, the 1.95 per...