2.85m Farmers Benefitted From Anchor Borrowers Programme – CBN       About 2.85 million farmers benefitted from the Anchor Borrowers Programme from the inception of the scheme to the end of 2020. According to figures obtained from the Central Bank of Nigeria on Monday, N554.63bn had been disbursed,...

CBN Disburses N554bn To 2m Farmers In Five Years         The Central Bank of Nigeria (CBN) said it has disbursed N554.61 billion to 2,849,490 farmers within the past five years to boost food security under its Anchor Borrowers Programme (ABP). In a communique issued in Abuja on...

CBN Raises ABP’s Collateral Guarantee To 50%       The Central Bank of Nigeria (CBN), has approved additional incentives under its Anchor Borrowers Programme (ABP), through which it will share equal risks with smallholders farmers (SHFs). This is expected to boost production and ensure food security in the...

Apex Bank Extends Lending Programme To 1,059,604 Farmers   The Central Bank of Nigeria says 1,059,604 smallholder farmers have benefitted from the Anchor Borrowers Programme. The Anchor Borrowers Programme, which was launched in November 2015, was designed to build partnerships between smallholder farmers and reliable large-scale agro-processors,...

Borno Farmers Ready for Rice Pyramid Farmers in Borno have announced plans to unveil rice pyramid sequel to the bumper harvest recorded this cropping season. They made the announcement on Monday in Maiduguri Economic Confidential recalls that about 18, 000 farmers were supported by the Central Bank...

The Central Bank of Nigeria (CBN) has formed strategic partnerships with agricultural commodity associations in the country in its effort to expand the implementation of the Anchor Borrowers’ Programme (ABP). Disclosing this in Abuja  the Acting Director in charge of Corporate Communications Department (CCD) at...