Tinubu Injects ₦1.5trn into BOA to Boost Agribusiness, Food Security
President Bola Ahmed Tinubu has approved a landmark ₦1.5 trillion recapitalisation of the Bank of Agriculture (BOA) to transform Nigeria’s agricultural sector, deepen food security, and create millions of jobs.
The massive funding package, the largest...
Bank Of Agric Distressed Over Bad Loans, Others – Auditor Ceneral
The Office of the Auditor-General of the Federation has said the Bank of Agriculture may have become distressed as a result of its inability to meet its obligations and provide meaningful service to the...
Expert Advocates $10bn Capital Base For BOA
The founder of the Port Harcourt Premier Business School, Dr. Silva Opuola-Charles, has said Nigeria will need to recapitalise the Bank of Agriculture to at least $10bn in the next five years, to significantly boost lending to the...
BoA Recovered Over N7bn In 2years - MD
The Management of the Bank of Agriculture on Thursday said it had recovered over N7bn so far from loan defaulters within two years.
The bank’s Managing Director, Alhaji Kabir Mohammed Adamu made this known at a meeting with...
BPE Flays BoA For Dismal Performance
Following what it described as sub-optimal performance, the Bureau of Public Enterprises (BPE), said it has become imperative to restructure the Bank of Agriculture (BOA), to substantially improve its operating framework and governance structure.This is with a view to...
Farmers To Hold 40% Shares In BoA - Ogbeh
The Minister of Agriculure and Rural Development, Chief Audu Ogbeh, has disclosed that farmers will hold 40 per cent of total shares in the Bank of Agriculture (BoA) by the time its commercialisation is concluded by...
