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Poultry Sector Gets Boost with N12.5bn CBN Largess

Poultry Sector Gets Boost with N12.5bn CBN Largess The Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production as well as...

COVID-19: We Spent N3.5trn On Economic Growth – CBN

COVID-19: We Spent N3.5trn On Economic Growth - CBN       The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy. This is contained in a review of the 132nd...

CBN Extends AGSMEIS Loans To 14,638 Applicants

CBN Extends AGSMEIS Loans To 14,638 Applicants       The Central Bank of Nigeria has said it is extending its Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) loans to 14,638 applicants in August. In a communiqué from the last MPC report, it stated, “The Agri-Business/Small and Medium Enterprise...

Bankers’ Committee Agri-Business Investment Scheme Takes Off

Bankers’ Committee Agri-Business Investment Scheme Takes Off   An initiative of the Bankers’ Committee, Disbursement of funds for the Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS),has commenced. The scheme was formally approved at the committee’s 331st meeting held in February this year. The initiative is to support...